Friday, 31 July 2015
Photos: Akon in Lagos, meets with Kcee
Anambra governor, Obiano increases salary of state workers by 16%
Thursday, 30 July 2015
Reminisce, Orezi, Skuki, Eva, others to storm Ibadan this weekend for Mauve Lounge Grand Opening
Mauve Lounge is the first and only lounge that offers premium and luxury experience to its customers at affordable price in Ibadan. The Mauve Lounge exceeds expectation in services, atmosphere, food & drink quality, presentation, customer service and overall customer experience. Mauve Lounge is arguably the lounge with the best ambiance in Nigeria.
Date: 31st of July, 2015
Time: 8pm [Red Carpet Starts @ 7pm]
Venue: Mauve Lounge, Mauve 21, Opposite First Bank, Ring Road Ibadan
For special request: Please call 0816 4900922 or 0816 9947880
Welcome to Premium & Luxury LifeStyle.
Drogba mobbed by fans after touching down in Canada to start new chapter in MLS
The Chelsea legend was mobbed by hundreds of fans as he arrived the Pierre Elliott Trudeau International Airport in Montreal, Canada yesterday Wednesday July 29 after agreeing to join Major League Soccer side, Montreal Impact, believed to be 18-months in length.
The 37 year-old Ivorian star left Chelsea in May after playing 381 games for the Blues and winning four Premier League titles with the London club. See the photos after the cut...
Buhari Praises Rev. Father Mbaka for His Frankness to Power
In a glowing tribute he issued in recognition of Mbaka’s 20th anniversary of priesthood, Buhari extolled what he described as the “extraordinary intrepidity” and “remarkable patriotism” of the priest.
Senior special assistant on Media and Publicity to the president, Malam Garba Shehu noted in a statement that the president said Father Mbaka did nothing wrong in contributing to the country’s politics.
According to Buhari, the desire to add “one’s voice to make one’s country better has nothing to do with politics”, and that as the “conscience of the nation”, religious leaders cannot afford to be aloof or indifferent to the miseries of the people.
Buhari described Mbaka as a remarkable example that religious leaders are the conscience of society.
It would be recalled that Mbaka was the cleric who predicted former President Goodluck Jonathan’s defeat in the months leading to the 2015 presidential election.
EFCC arrests Sacked NIMASA DG over Billions of Naira Fraud
The EFCC has arrested the immediate past Director General of the Nigerian Maritime Administration and Safety Agency [NIMASA], Patrick Ziakede Akpobolokemi, two weeks after he was fired from his post.
A source in NIMASA told PT that Mr. Akpobolokemi was arrested in Lagos on Thursday morning and was detained at the Lagos office of the EFCC in the Ikoyi area of the city.
“He was taken in this morning around 10am. Some of our other officials have also been summoned while EFCC operatives have been conducting discreet investigation here. There is tension everywhere.
“One of our people just returned from EFCC and he told me the former DG is still there, sweating profusely as he was being questioned by investigators.”
The source said while at NIMASA headquarters, EFCC operatives asked questions about curious multi-billion naira transactions approved by Mr. Akpobolokemi, especially in the last days of the last government.
“For instance, they wanted to know how a whopping N13billion was spent on the acquisition of land for the permanent site of the Nigerian Maritime University in Delta,” our source said.
“They also asked about other transactions they believed were fraudulent, including transfers of millions of dollars from NIMASA accounts to other accounts.”
President Muhammadu Buhari had on July 16 sacked Mr. Akpobolokemi and directed him to immediately hand over all government property in his possession and vacate office.
There have been allegations of financial impropriety against NIMASA during Mr. Akpobolokemi’s tenure, including those which suggested the agency funded the lavish lifestyles of some Niger Delta militants and bankrolled most of the wicked campaigns against President Buhari before the elections.
A source in NIMASA told PT that Mr. Akpobolokemi was arrested in Lagos on Thursday morning and was detained at the Lagos office of the EFCC in the Ikoyi area of the city.
“He was taken in this morning around 10am. Some of our other officials have also been summoned while EFCC operatives have been conducting discreet investigation here. There is tension everywhere.
“One of our people just returned from EFCC and he told me the former DG is still there, sweating profusely as he was being questioned by investigators.”
The source said while at NIMASA headquarters, EFCC operatives asked questions about curious multi-billion naira transactions approved by Mr. Akpobolokemi, especially in the last days of the last government.
“For instance, they wanted to know how a whopping N13billion was spent on the acquisition of land for the permanent site of the Nigerian Maritime University in Delta,” our source said.
“They also asked about other transactions they believed were fraudulent, including transfers of millions of dollars from NIMASA accounts to other accounts.”
President Muhammadu Buhari had on July 16 sacked Mr. Akpobolokemi and directed him to immediately hand over all government property in his possession and vacate office.
There have been allegations of financial impropriety against NIMASA during Mr. Akpobolokemi’s tenure, including those which suggested the agency funded the lavish lifestyles of some Niger Delta militants and bankrolled most of the wicked campaigns against President Buhari before the elections.
Shell Is Cutting Spending; To Sack 6,500 Workers
Shell petroleum development company, SPDC, says it will axe 6,500 workers this year and begin a process of cutting spendings, to deal with an extended period of lower oil prices in the global market.
Shell wants to sack 6,500 staff and direct contract workers from a total of nearly 100,000 employees.
“We have to be resilient in a world where oil prices remain low for some time, whilst keeping an eye on recovery,” said Ben van Beurden, Shell's Chief Executive Officer.
Besides, the company announced on Thursday in London the sale of a 33 percent stake in the Showa Shell refinery in Japan to Idemitsu, for about $1.4 billion.
The Anglo-Dutch company also said it was planning more asset disposals, bringing total asset sales between 2014 and 2018 to $50 billion.
Lower oil prices have contributed to a 37 percent drop in the oil and gas group’s second-quarter profits. And the group said it would reduce 2015 capital investment for the second time this year to $30 billion by 20 percent from a year ago.
Big oil companies have cut 2015 spending by 10 to 15 percent from 2014, to cope with fall in oil prices over the past year to below $55 a barrel from over a $100.
Shell said its operating costs were expected to fall by $4 billion, or around 10 percent, in 2015 as part of a broad efficiency drive to boost its balance sheet.
The Anglo-Dutch company also said it was planning more asset disposals, bringing total asset sales between 2014 and 2018 to $50 billion.
Lower oil prices have contributed to a 37 percent drop in the oil and gas group’s second-quarter profits. And the group said it would reduce 2015 capital investment for the second time this year to $30 billion by 20 percent from a year ago.
Big oil companies have cut 2015 spending by 10 to 15 percent from 2014, to cope with fall in oil prices over the past year to below $55 a barrel from over a $100.
Shell said its operating costs were expected to fall by $4 billion, or around 10 percent, in 2015 as part of a broad efficiency drive to boost its balance sheet.
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