The Nigerian National Petroleum Corporation (NNPC), has announced plans to commence integrity survey on its pipelines. This was even as it warned owners of illegal structures along its Right of Way (Row) to remove them or be ready to face the full wrath of the law.The move aimed at addressing the rising wave
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Nigeria President Muhammadu Buhari on Friday said the government will soon begin the construction of the 600-kilometre Ajaokuta-Kaduna-Kano gas pipeline to move gas from the Southern part of the country to the North.The Nigerian president made the disclosure while addressing the 5th Gas Exporting Countries Forum (GECF) Summit at the Sipopo International Conference Hall, Malabo,
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Anietie Udobit,AbujaPresident Muhammadu Buhari has re-presented the 2016-2018 $30 billion External Borrowing Plan of the federal government to the Senate for approval.The plan, approved by the Federal Executive Council (FEC) in August, 2016 and sent to the Senate in November 2016, was however rejected by the eighth Senate.The president has, therefore, re-presented the borrowing plan
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The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Economic and Financial Crimes Commission (EFCC) to sign a Memorandum of Understanding (MoU) that would strengthen the partnership and cooperation between the two agencies in the fight against corruption.The MoU would focus more on identified financial crimes disclosed by the NEITI reports in the oil,
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Anietie Udobit, AbujaStakeholders in the transport/mobility industry have called on governments to come up with a well-designed transport policies and infrastructure investment priorities that can lead to far reaching reductions in traffic-related health risks from air, noise pollution and injuries.The call was made at the ongoing Africa Sustainable Urban Mobility Course, taking place in
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Airtel Africa has confirmed that it will invest $70 million in additional spectrum, to boost its LTE coverage in Nigeria.The company will purchase an additional 10MHz block of spectrum in the 900MHz band from Intercellular Nigeria.“Data is a key pillar of our growth strategy, driven by increasing 4G networks and supported by the
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Interswitch Limited and Visa Inc. on Friday announced a strategic partnership that will further advance the digital payments ecosystem across Africa.As part of the agreement, Visa will acquire a significant minority equity stake in Interswitch. The investment makes Interswitch one of the most valuable African FinTech businesses with a valuation of US$1 billion.Visa will
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Vice President Yemi Osibanjo hinted yesterday that the newly inaugurated Railway Wagon assembly plant in Kajola, Ogun State, will create 5000 direct and indirect jobs.He said the plant which is a private investment to be undertaken by Messers CCECC is central in the production of rolling stock needed for the railway modernization programme being
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Saudi Arabian authorities allegedly paid at least two insiders at Twitter to access crucial personal data of the country's dissident users, according to a federal complaint filed by the United States.The alleged spying had been going on since 2015 and some of those targeted, including media personalities, were informed at the time, but
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Cooperative societies across the country will now be able to access housing loans from the Federal Mortgage Bank of Nigeria.This is major fallout of the 8th National Council on Lands, Housing and Urban development.It is to enable workers own houses and live above the poverty line.Researchers identify shelter as next only
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