News Reality

Shell’s Afam power plant gets 10-year licence renewal

’Femi Asu Shell Petroleum Development Company of Nigeria Limited on Tuesday said the Nigerian Electricity Regulatory Commission had renewed the power generation licence for the Afam VI Power Plant. The SPDC said in a statement that the 650 megawatts plant had delivered over 25.97 million megawatts hour of electricity into the nation’s power grid since […]
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Washington has allocated $214 million to build airfields, training sites, ranges and other military installations in an unprecedented military buildup in Eastern and Northern Europe aim
Around 80,000 people took to the streets in the Indonesian capital, Jakarta, on Sunday to again decry US President Donald Trump's decision to recognize Jerusalem as the Israeli capital.
While ostensibly a season of celebration and gift-giving, Christmas has found itself embroiled in number of controversies over its Christian character involving college campuses, figuri
Festus Abu Portuguese Primeira Liga giants Porto have reportedly won the race to sign Nigeria’s Oghenekaro Etebo from   their struggling rivals Feirense during  the January transfer window.  The
Idris Adesina Nigeria’s two representatives Kano Pillars and Gombe Bulls are out of the 2017 FIBA Africa Champions Cup in Tunisia after losing their final group matches. However on Monday, they face
’Tana Aiyejina Organisers of GOtv Boxing Night 13 Flykite Promotions have assured fans  adequate security at  Landmark Centre, Victoria Island Annex, Lagos, venue for the event on December 26. Fly
Idris Adesina Nigeria ended  the 2017 Commonwealth Wrestling Championships in South Africa on Sunday with  one gold, two silver and one bronze. Five wrestlers Kemasuodei Dressman, Winnie Gofit, Bles
Tyson Fury has warned heavyweight rival Anthony Joshua that if his demands are not met then he can forget about their £50m all-British showdown, according to Daily Mail. Fury has not fought since tha
The manufacturing sector, which fell from a positive outlook to negative during the 2016 recession, rose briefly in the first quarter of 2017, aided by some policy initiatives. However, it plunged bac
Oyetunji Abioye The naira depreciated marginally by 0.55 per cent at the parallel market week-on-week to close at N365 on Friday. The local currency had closed at 363/dollar last Friday. Currency reta
Russia’s forthcoming election is due on March 18, 2018
The Lagos State Government has commended Ecobank Nigeria for renovating and furnishing the main building at the Agbala Pediatric Centre in Ikorodu, as part of the lender’s corporate social responsib
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Heritage Bank has won in the inaugural Nigeria Sustainable Banking Award convened by the Central Bank of Nigeria. The lender said in a statement on Sunday that it won the award for “For Sustainable
Oyetunji Abioye Fhe Deposit Money Banks in the country borrowed the sum of N671.47bn from the Central Bank of Nigeria in the past five working days, data from the CBN have revealed. The CBN Standing L
US President told his Russian counterpart that he and the entire United States intelligence community were pleased to have helped save so many lives
Providus Bank says it has launched the World Elite MasterCard offering in Nigeria, providing affluent consumers and frequent travellers with a range of priceless travel benefits and lifestyle privileg
The sub-Saharan Africa faces a potential debt crunch unless commodity prices improve and boost the pace of economic growth, the International Monetary Fund has said. The Washington-based Fund said the
Fund managers seek U-turn by regulators after start of cryptocurrency futures trading. Bitcoin mania has reignited a race to launch an exchange-traded fund in the US that would track the volatile cryp

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