• Iran praises OPEC’s deal to cut oil output

    Iran praises OPEC’s deal to cut oil output

    President Hassan Rouhani of Iran has called the recent decision by the Organisation of the Petroleum Exporting Countries (OPEC) to cut oil output a “success” for the Islamic republic, the oil cartel and the global market at large.

    Speaking on Thursday, Mr. Rouhani said OPEC’s decision on Wednesday in reducing the production was a “positive” move.

    According to the agreement by OPEC member states, Iran will keep its production at 3.8 million barrels per day (bpd), about the same as the country’s […]

  • Why I didn’t renew my deal with Five Star Music- Harrysong finally speaks out

    Why I didn’t renew my deal with Five Star Music- Harrysong finally speaks out

    Former Five Star Music star, Harrysong has explained his decision not to renew his deal with the record label, which he joined about five years ago.

    He said he could not renew the deal that he got from the management of the company because the deal did not represent the new dimension he would be willing to take his music career to.

    The Delta State-born songwriter who has since floated his record label, which he called Alter Plate said that he could […]

  • ASUU Strike: Saraki’s deal gives FG, ASUU two weeks deadline to settle outstanding issues

    ASUU Strike: Saraki’s deal gives FG, ASUU two weeks deadline to settle outstanding issues

    Abubakar Bukola Saraki, Nigeria’s Senate President, on Thursday brokered a time-frame for the Federal Government and Academic Staff Union of Universities (ASUU) to settle three outstanding issues remaining.

    The resolution of the three issues would avert a nation wide strike planned by ASUU.

    Saraki personally participated in resumed negotiation between the Federal Ministry of Education and the leadership of ASUU held at the National Assembly on Thursday.

    Minister of Education, Mr. Adamu Adamu, also took part in the negotiation.

    The three outstanding issues yet […]

  • Trump looking at fast ways to quit global climate deal – report

    Trump looking at fast ways to quit global climate deal – report

    President-elect Donald Trump is seeking quick ways to withdraw the United States from a global accord to combat climate change, a source on his transition team said, defying broad global backing for the plan to cut greenhouse gas emissions.

    Since Trump’s election victory on Tuesday, governments ranging from China to small island states have reaffirmed support for the 2015 Paris agreement during climate talks involving 200 nations set to run until Friday in Marrakesh, Morocco.

    Trump has called global warming a hoax […]

  • NPA, BudgIT sign deal on budget implementation

    NPA, BudgIT sign deal on budget implementation

    According to reports, the Nigerian Ports Authority has signed a Memorandum of Understanding with BudgIT Information Technology Network to open up its budget for the public.

    The General Manager, Public Affairs, Chief Michael Ajayi, in a statement on Monday in Lagos, said the MoU would promote transparency and accountability.

    The Managing Director of NPA, Ms. Hadiza Usman, said the partnership became necessary for the development of an open budget system platform and implementation of a public data dissemination programme.

    She said that this […]

  • Jonathan won’t testify for Dasuki in arms deal trial – Associates

    Jonathan won’t testify for Dasuki in arms deal trial – Associates

    Ex-President Goodluck Jonathan will not be appearing as a defence witness in the trial of former National Security Adviser, Col. Sambo Dasuki (retd.), according to sources.

    It was gathered in Abuja on Friday that the former President had not indicated any interest in making an appearance in the ongoing trial of any of his former aides.

    The ex-President has so far not been named as a party in the case against Dasuki.

    Sources familiar with the case argued that the former President is […]

  • Senate to deal with government agencies violating procurement laws, says Saraki

    Senate to deal with government agencies violating procurement laws, says Saraki

    Senate President, Dr. Abubakar Bukola Saraki has threatened that the Senate will take up the case against any ministry, department or agency of government which is violating the Public Procurement law which  compels them to give preference to locally produced goods in Nigeria.

    He also charged Senate Committee Chairmen to ensure that in the course of their oversight duties that MDAs comply with the provision of the law on patronage of local manufacturers   as he also urged all military and para-military […]

  • Senate to deal with agencies violating procurement laws – Saraki

    Senate to deal with agencies violating procurement laws – Saraki

    Senate President, Dr. Abubakar Bukola Saraki, yesterday threatened that the Senate will take up the case against any ministry, department or agency of government that is violating the Public Procurement law which compels them to give preference to locally produced goods in Nigeria.

    He also charged relevant Senate Committee Chairmen to ensure in the course of their oversight duties that MDAs complied with the provision of the law on patronage of local manufacturers.

    He also urged all military and para-military agencies to […]

  • Buhari, Saraki strike deal over $29.9bn loan request

    Buhari, Saraki strike deal over $29.9bn loan request

    President Muhammadu Buhari and Senate President Bukola Saraki may have made up on the $29.9billion loan approval which the executive is seeking from the Senate, it was learnt last night.

    Buhari and Saraki are understood to have met three times on the issue in the last few days since the Senate turned down the request last week.

    Saraki has already admitted that the loan request may be re-presented by the executive.

    This, the Presidency may do later this week, sources said yesterday.

    But there […]

  • LASPOTECH unions reach deal to end strike

    LASPOTECH unions reach deal to end strike

    Striking Non-Academic Staff Unions at the Lagos State Polytechnic (LASPOTECH) at Ikorodu have entered an agreement to suspend their ongoing strike, the News Agency of Nigeria (NAN) has learnt.

    The decision to suspend the strike followed an agreement the striking unions reached with the management of the polytechnic and the Lagos State Government.

    ‎Mr Awoyemi Abiodun, Chairman of the LASPOTECH Chapter of the Senior Staff Association of Nigeria Polytechnics (SSANIP) confirmed the development in an interview with NAN in Lagos on Thursday.

    Members […]

  • I don’t have details of deal with Boko Haram for release of Chibok girls, says Buhari

    I don’t have details of deal with Boko Haram for release of Chibok girls, says Buhari

    President Muhammad Buhari said before leaving Germany on Friday for Nigeria that he was yet to get the details of the deal reached with Boko Haram for the release of the 21 Chibok girls.

    The President said this in an interview with a German radio, Deutsche-Welle.

    He said said the Federal Government had always preferred to talk to bona fide Boko Haram leaders about the release of the girls.

    He said his position had always been that government must have a credible person […]