Business

DESOPADEC Board, Management and Staff Congratulates Gov. Oborevwori

May 29, 2023 Kelvin AmurunLeave a Comment

Fireworks as Prof. Darah, Dr. Imuere, Prof Aziza, Others Speak on Uvwie: Yesterday, Today and Tomorrow

April 18, 2023April 19, 2023 Kelvin AmurunLeave a Comment

There will be fireworks at the PTI conference centre, Effurun tomorrow(19/4/2023) when some eminent Urhobos led by Professor Prof. Godini Darah, Dr. Ejiro Imuere, Prof Aziza, Chief Hope Erute will speak at a colloquium on Uvwie yesterday, today and a future of rapid social-economic and cultural rebirth The colloquium which is part of activities marking […]

Breach of Contract: Again NLNG Fails to Stop N1b Suit Against it for Negligence, Short Changing of Nigerian Contractor

December 21, 2022 Kelvin AmurunLeave a Comment

A Rivers State High Court sitting in Port Harcourt has absolved Macobarb International Limited of any impediments to proving its claim of N1 billion against its erstwhile client, the Nigeria Liquefied Natural Gas Limited (NLNG) over a contract that went awry between the duo. Justice Chinwendu Nwogu who presided over the case which came up […]

How Behavioural Biometrics Can Protect Organisations and Their Customers Against Fraud

October 8, 2022 Kelvin AmurunLeave a Comment

The rapid rise in digitisation, self-service onboarding and faster payments has left many banks, financial institutions and their customers at risk from fraudsters and cybercriminals. While many fraud- and risk-management measures severely hamper customer experience, MoData’s AI-driven Behavioural Biometrics platform ensures that the customer experience remains seamless while delivering advanced fraud protection. It does this […]

Massive Unemployment, Poverty Looms in Niger Delta As Oil Majors Divest from Nigeria

August 10, 2022 Kelvin AmurunLeave a Comment

The diverse and divergent views expressed by experts at the just concluded Nigerian International Energy Summit (NIES2022) in Abuja, with the theme “Strategies for Confronting the Energy Transition”, vividly exposed the uncertain future of crude oil exploration and production in Nigeria. One thing that became glaringly obvious from all speakers was the move by what […]

Nigeria Economy in Deeper Mess than 2015 – Sanusi Lamido

August 5, 2022August 5, 2022 Kelvin AmurunLeave a Comment

Former Emir of Kano, Sanusi Lamido Sanusi, has expressed sadness at the current economic and security situation in Nigeria, insisting that the country is in a deeper mess now, than it was in 2015. Sanusi who spoke at the Akinjide Adeosun Foundation, AAF’s, Leadership Colloquium and Awards, Chapter 7, themed ‘Are Good Leaders Scarce in […]

Govt. Rising Borrowing Will Harm Monetary Policy, Domestic Prices, Exchange Rate – CBN

June 14, 2022June 14, 2022 Kelvin AmurunLeave a Comment

The Central Bank of Nigeria (CBN) has warned that the Federal Government’s rising borrowing from its Ways and Means Advances could have adverse effect on the bank’s monetary policy to the detriment of domestic prices and exchange rate. This is coming after data from the apex bank revealed that the nation’s borrowing through Ways and Means […]

Exposing the Hypocrisy of Nigerian Pastors and Politicians

May 23, 2022 Kelvin AmurunLeave a Comment

*Who is squeezing Tunde Bakare’s balls? by Femi Fani-Kayode On 28th October 2019, Pastor Tunde Bakare said the following: “Tinubu will give account for all his deeds. He should not be seen as a generous man, he is an integral part of the rot in Nigeria”. This is a robust condemnation of a man that […]

After years of delays, Lack of Funds Threatens Early Completion of Dangote Refinery

May 20, 2022 Kelvin AmurunLeave a Comment

Africa’s richest man, Aliko Dangote, is in talks with financial institutions to raise additional funds for his mega oil refinery project that is nearing completion, according to BusinessDay’s findings. The expectation of the government and many Nigerians is that the world’s biggest single-train refinery, being built in Lagos, will help in bringing an end to […]

Ex-NLNG Boss, Tony Attah, Head of Legal to Stand Trail for Alleged Fraud, Court Rules(Full Court Ruling)

February 10, 2022February 10, 2022 Kelvin AmurunLeave a Comment

IN THE MAGISTRATE COURT OF RIVERS STATE OF NIGERIA IN THE PORT HARCOURT MAGISTERIAL DISTRICT HOLDEN AT PORT HARCOURTBEFORE CHIEF MAGISTRATE BLESSINGS VIC-JUMBO ESQ SITTING AT CHIEF MAGISTRATE COURT 12 PORT HARCOURTSUIT NO. PMC/1015/CS/2021MACOBARB INT’L LTD & ANOR V. NLNG & 2 ORS RULING ON PRELIMINARY OBJECTIONThe Complainants brought a Written Complaint on oath against […]