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NRC to test run Lagos-Abeokuta rail line early February
The Nigerian Railway Corporation (NRC) says, it will test run the Lagos-Ibadan standard gauge line early February.
Fidet Okhiria, the NRC Managing Director, who disclosed this on Wednesday at Ijoko in Ogun, while inspecting the project, added that work on the tracks is moving towards Lagos with 1.5 kilometers being...
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South Africa president assures central bank independence
South African President Cyril Ramaphosa pledged on Wednesday that his government would not interfere with the independence of the Reserve Bank, despite a proposal by the ruling party to broaden its focus to boost employment and economic growth.
“We do not seek to interfere with its independence,” Ramaphosa told a...
CORPORATE SCORECARD
After selling downstream arm, Otedola to acquire Forte Oil upstream
Femi Otedola, chairman of Forte Oil Plc, has expressed interest in buying assets in the company’s upstream and power generating businesses.
The decision was made known in a notice sent to the Nigerian Stock Exchange (NSE), signed by Akinleye Olagbende, Forte Oil’s company secretary, on Tuesday.
According to the notice, the...
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Sprinter-turned-footballer, Usain Bolt declares his ‘sports life over’
Eight-time Olympic champion Usain Bolt has declared his "sports life over", frustrated in his bid to begin a post-athletics career in football.
The Jamaican, 32, spent two months training with Australian side Central Coast Mariners, but left in November after the club failed to find financial backing for a professional...
Kevin-Prince Boateng makes ‘dream’ loan move to Barcelona
Kevin-Prince Boateng has completed a "dream" move to Barcelona on loan for the remainder of the season.
The former Tottenham and Portsmouth forward was handed the chance to make a surprise return to La Liga as Barca needed attacking cover for Luis Suarez.
Boateng made Italian side Sassuolo his ninth club...
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2019: God our refuge, strength By Folu Olamiti
In September 2018, the Church of Nigeria (Anglican Communion) held its Standing Committee Conference in Minna Niger State with the theme: “God Our Refuge And Strength.”No topic could be more appropriate at this hazardous time in Nigeria, when the Christian community, especially our brothers and sisters in the northern...
Close up on Nigeria Consulate in Johannesburg, By Folu Olamiti
Happy days are back at the Nigeria Consulate in Johannesburg. Both staff members and visitors and, indeed, people that have one business or the other to transact with the High Commission, are having a swell time. No, it’s not because Christmas, the season of love, peace and goodwill...
