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Local Business

Militants blow up another pipeline in Delta

UGHELLI-A militant group, Niger Delta Greenland Justice Mandate, NDGJM, in the early hours of Tuesday, blew up the Afiesere-Iwhrenene major delivery line to UPS/UQCC, operated by Nigeria Petroleum Development Company, NDPC/Shorelines Petroleum in Ughelli North Local Government Area of Delta State. The attack confirmed by a leader of the group, self-styled Gen. Aldo Agbalaja, came as the Niger Delta Avengers, …

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WorldRemit commends Restoration of Money Transfers to Nigeria

—–Nigerian diaspora to benefit from increased competition in remittance market WorldRemit (www.WorldRemit.com/en/Nigeria), the leading digital remittance service, commends the restoration of money transfers to Nigeria, following the decision of the Central Bank of Nigeria (CBN) to approve WorldRemit and ten other international money transfer operators (IMTOs).

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SMEs: Avoid banks, Seek Angel investors for funding – Expert warns

Budding entrepreneurs who attended the first edition of the Nigerian Small Business Summit on the 24th August at the Landmark event centre were warned to stay away from bank loans at the start of their businesses. Mr. Kushal Dutta, Managing Director of Africa’s number one hotel booking portal Jumia Travel Nigeria, gave the warning during a panel discussion on the …

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Top 5 ways the current economic crisis is affecting Nigerians

It is no secret that the Nigerian economy is in crisis. In the last six months, the official Nigerian currency, Naira, has fallen by almost 50% and there has been an increasing change in the price of goods and services. With pay increases lagging behind and the inflation soaring, the wallet of most Nigerians continue to take a beating as …

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ND Avengers tells NUPENG, PENGASSAN to vacate oil fields

The ravaging Niger Delta Avengers on Wednesday called on members of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN and foreigners to leave oil fields and terminals in the Niger Delta because “it is going to be dirty very soon”.

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TCN announces one-day complete power outage in some parts of Lagos

The Management of Transmission Company of Nigeria (TCN), Lagos Region, on Sunday announced a one-day power outage in some parts of Lagos on Monday to effect repairs. TCN announced the outage in a statement by its Public Relations Officer, Mr Celestina Osin, in Lagos. The statement said the areas that would be affected include Ikoyi, Victoria Island, Alagbon, Apapa, Ijora, …

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