Category: Nation

‘HomeVest’ to assist in housing challenge

‘HomeVest’ to assist in housing challenge

Muyiwa Lucas With the global economy predicted to go into recession anytime soon following the rampaging effect of the Coronavirus pandemic, Pertinence Group, a people empowerment firm with bias for real estate and investment, has warned that the housing challenge will get tougher, if proper planning is not put in place. Consequently, the firm, at…

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Shell takes $22b hit over low oil prices

Shell takes $22b hit over low oil prices

Lucas Ajanaku Shell, an oil giant, has warned that the low price of oil could reduce the value of its assets by about $22billion (£17.9billion). It said it expects oil to change hands at $60 per barrel in the long term and to be priced at $35 this year and $40 next year. Shell follows…

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OPEC output sinks despite partial compliance by Nigeria, Iraq

OPEC output sinks despite partial compliance by Nigeria, Iraq

Lucas Ajanaku The Organisation of Petroleum Exporting Countries (OPEC) oil output hit the lowest in two decades in June as Saudi Arabia and other Gulf Arab members made larger cuts, a Reuters survey found, pushing group compliance in a supply reduction pact above 100per cent despite incomplete adherence by Iraq and Nigeria. The 13-member OPEC…

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Firm delivers home learning kits to 1,800 pupils

Firm delivers home learning kits to 1,800 pupils

Our Reporter Some 1,800 school children in Kaduna and Ogun states became the first in Nigeria to receive their “My Story of Water” worksheets on June10, courtesy of the Five Cowries Initiative (FCI). Across Nigeria, school children have been forced away from their classrooms as a result of coronavirus prevention measures. Five Cowries Initiative stepped…

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PZ supports Lagos fight against virus

PZ supports Lagos fight against virus

The PZ Cussons Foundation has extended its support to Lagos State government in its fight against the menace of coronavirus. The firm said it has donated soaps to the state’s Ministry of Health towards controlling the spread of the virus. The firm had previously donated soaps to over 40,000 people in six major cities across…

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Sasol to divest from Escravos gas-to-liquids plant

Sasol to divest from Escravos gas-to-liquids plant

Our Reporter South African petro-chemicals giant Sasol said it would sell its indirect interest in the Escravos gas-to-liquids (EGTL) plant in Nigeria to Chevron for an undisclosed sum. The world’s top manufacturer of motor fuel from coal said it would continue to support Chevron in the performance of the EGTL plant through ongoing catalyst supply,…

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Maltina to honour resourceful teachers

Maltina to honour resourceful teachers

By Kofoworola Belo-Osagie This year, resourcefulness in teaching and learning during the COVID-19 pandemic will be a strong point for teachers applying for the sixth edition of the Maltina Teacher of the Year award. Announcing the opening of entries for the competition on Tuesday in Lagos, Corporate Affairs Director, Nigerian Breweries Plc., Mrs. Sade Morgan…

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Nigeria ranked eighth highest among Canadian foreign students

Nigeria ranked eighth highest among Canadian foreign students

By Kofoworola Belo-Osagie Nigeria is the eighth largest supplier of international students to Canada this year. According to the Citizenship and Immigration Canada (CIC) Newsletter, over 67,000 new students from 156 countries worldwide travelled to Canada between January and April, for studies before the Coronavirus lockdown. Nigeria and Morocco are the only African countries on…

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500,000 may be disenfranchised in Ondo as INEC shuns registration

500,000 may be disenfranchised in Ondo as INEC shuns registration

Osagie Otabor, Akure Over 500,000 likely voters in Ondo State may be disenfranchised in the October 10 governorship election, following the Independent National Electoral Commission’s (INEC’s) decision not to embark on new registration of voters. There are over 372, 888 uncollected Permanent Voter Cards (PVCs) in the state, while the people that have turned 18…

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Delta records 166 COVID-19 cases

Delta records 166 COVID-19 cases

Agency Reporter With 166 cases, Delta on Wednesday dislodged Lagos on the list of states with positive Coronavirus cases. Lagos recorded 120, the lowest in recent time. The Nigeria Centre for Disease Control (NCDC) announced 790 new cases in 20 states and the Federal Capital Territory (FCT). The states are: Enugu-66, FCT-65, Edo-60, Ogun-43, Kano-41,…

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