Day: August 11, 2021

DPR Says LPG Importation Will Erode Nigeria’s Gas Master Plan

ADESUPO OSOSANYA

The Department of Petroleum Resources, DPR, has cautioned that granting import license for Liquified Petroleum Gas, LPG, also called Cooking Gas, will slow down anticipate growth in the gas sector. Director of the DPR, Sariki Auwalu, said Nigeria has abundant and sweet gas waiting to be explored and the policy direction of the Minister of State for Petroleum Resources, Timipre Sylva, on gas is expected to attract humongous investment that will help in transforming the economy. Auwalu, said said today Nigeria produces about 8 billion standard cubic feet of gas…

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NCC, NESG Mull Ties to Boost Telecoms Impact on Nigeria’s Economy

Dawood Rabiu

L-R: Dr. Ikechukwu Adinde, Director, Public Affairs, Nigerian Communication Commission (NCC) and Nnanna Ude, Leader, National Assembly Business Environment RoundTable (NASSBER), Nigeria Economic Summit Group (NESG), during the NESG courtesy visit. The Nigerian Communications Commission (NCC) and the Nigeria Economic Summit Group (NESG) are considering possible areas of increasing collaboration to enhance the impact and contribution of telecommunications sector on Nigeria’s socio-economic development. This was the crux of deliberations during a courtesy visit by a delegation of the National Assembly Business Environment Round Table (NASSBER), a policy unit at NESG…

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Cryptocurrency for a layman, understanding threats, trend of financial revolution

ADEOLA YUSUF

Here, according to Mrs. ‘Dedoyin Hassan-Hamzat, a Nigerian registered Fund /Portfolio Manager, are reasons for the current revolution in financial services system, and why cryptocurrency is the beginning of a subtle end of Central Banking System around the world. She spoke during the Platforms Africa e-Discourse. Excerpts:   What is cryptocurrency and why is it gradually turning the elementary definitions we were given about money into lies? Cryptocurrency can be said to be a digital currency so we can call it a form of money. We can argue that crypto…

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Another Nollywood veteran actor dies weeks after begging for Hospital bill

Precious Ibekwe

A video of Oganiru lying on his sick bed while begging for financial assistance was shared online weeks ago     Another veteran Nollywood actor, Rich Oganiru, has died. His death comes a few weeks after that of another Nollywood household name, Rachael Oniga, in Lagos. Oganiru reportedly died on August 10, 2021 after being sick for months. READ ALSO:How Nollywood actor Ernest Asuzu slumped, died in wife’s presence + PHOTOS  How Two Nollywood Actors died within 5 days How Nigerian popular Filmmaker, Chico Ejiro, died on Christmas Day Nollywood…

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Food Poison: How Nigerian Family of 24 Died in One Day

Dawood Rabiu

  Deadly, costly mistakes they made, lessons others should learn – Health commissioner   A family of 24 in Nigeria has died for mistaking a fertiliser type of chemical, popularly called “Gishirin Lalle in Hausa” as seasoning in domestic family food they cooked and ate. Commissioner for Health, Sokoto state, Northwest Nigeria, Dr Ali Inname, who confirmed the deaths of the 24 family members, said in a statement sighted by Platforms Africa that the incident occurred on Monday in Danzanke village of Bargaja ward, Isa Local Government Area of Sokoto…

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Okunbo extremely pivotal to IBEDC establishment, firm mourns pioneer Director

Gbenga Adeoti

The Board, Management and Staff of Ibadan Electricity Distribution Company (IBEDC) Plc with a heavy heart announce the untimely passing of our esteemed investor and pioneer Director, Captain Dr. Idahosa Wells Okunbo which sad event occurred on the 8th of August 2021 in the United Kingdom at the age of 63. A statement signed by the Chairman of the Board of Directors of IBEDC, Dr. Olatunde Ayeni noted that, late Captain Okunbo with his sagacious business acumen was extremely pivotal to the establishment of IBEDC and was very involved in…

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