Author: News Room

The Chief Operating Officer of Lekki Deep Seaport, Lawrence Smith, has said the sailing time of vessels using the Lekki Deep Seaport is usually shortened by about a week. Smith said this in an interview in the December edition of ‘Nigerian Ports Today’, a monthly publication of the Nigerian Ports Authority. He added that the deep seaport will boost the economy of the country. “Obviously, we are here to make money. The major influence of the Lekki deep seaport… Read the full article here

The Nigeria Football Federation has been urged to dump the Moshood Abiola National Stadium, Abuja for the Mobolaji Johnson Arena,  saying it will help the Super Eagles return to their best. A former First Bank of Lagos goalkeeper, Belock Zuokemefa, who spoke on the Eagles’ poor run, especially at home, said the biggest challenge of the team was that the players play on a home turf that is completely different from what they are used to in Europe. “In Lagos the… Read the full article here

Controversial Nigerian singer, Habeeb Okikiola, known better as Portable, has explained what led to police showing up at his lounge in an attempt to arrest him. He said he beat the person who brought policemen to arrest him over an issue bordering internet fraud. Explaining what transpired in a new video shared on his Tiktok page, Portable maintained that the alleged fraudster he beat was his apprentice and that it was a personal matter that should not have involved… Read the full article here

SailingBeautiful skies and a lot of wind in The Ocean Race Daily Recap for Thursday March 30. There are plenty of incredible sights to be seen as the teams enter the final 1,000 nautical miles of the incredibly gruelling Leg 3. Stream top action from The Ocean Race live on discovery+, the Eurosport app and at eurosport.com00:02:51, an hour ago Read the full article here

In 2020, it seemed like the Oura Ring was everywhere. Researchers were studying whether the smart ring (and other wearables) could one day detect illness, and right on cue, the NBA announced it bought 2,000 Oura Rings to monitor athletes. Prince Harry has been a fan for years, and celebrities like Jennifer Aniston and Kim Kardashian West have also been spotted wearing the sleep tracker. That’s already a lot of buzz for a niche gadget, but the third-generation Oura Ring, which launched in… Read the full article here

Wall Street bonuses fell last year by the most since the financial crisis, dropping 26 per cent to an average of $176,000 amid higher rates and a decline in dealmaking, according to a report from the New York state comptroller.The drop in payouts — the biggest since 2008, when year-end incentive payments fell 43 per cent — came as a rocky stock market led to a dearth of deals last year. The comptroller’s office blamed the drop in bonuses on a rise in interest rates, recession… Read the full article here

In Cointelegraph Markets Pro’s latest VORTECS™ Report, the institutional-grade crypto trading platform displayed how its members could have captured a cumulative 390% gain by following seven trades based on four different advanced data indicators. The report depicts trading alerts generated between March 11 – 18, 2023. The potential gains available to Cointelegraph Markets Pro subscribers significantly outperform a simple buy-and-hold strategy during the same period, which would’ve… Read the full article here

As Zach Shallcross and Kaity Biggar continue their post-Bachelor press tour, Gabi Elnicki is starting to speak out about her side of the story — and the fantasy suites. “It’s gonna become a he-said, she-said thing here and I don’t want to do that. And ultimately, at the end of the day, like, he has a relationship he’s trying to protect,” the 25-year-old runner-up began on the “Click Bait” podcast on Thursday, March 30, before denying Zach’s… Read the full article here

Ocean and Oil Development Partners Limited (OODP), the core shareholder of Oando Plc, is taking the energy firm private more than three decades after the driller listed in Lagos as a public firm. Wale Tinubu, Oando’s chief executive officer, holds a 66.7 per cent stake in OODP, where he is a non-executive director, while his deputy Omamofe Boyo, owns the remaining 33.3 per cent. Mr Boye is also a non-executive director at OODP. Oando said in a Thursday statement it is in receipt… Read the full article here

Nigeria’s total public debt stock rose to N46.25 trillion or $103.11 billion at the end of December 2022, the Debt Management Office (DMO) announced on Thursday. The figure consists of the domestic and external debt stocks of the Federal Government, 36 state governments, and the Federal Capital Territory The figure reflects a 14.46 per cent increase when compared to N39.56 trillion (USD95.77 billion) recorded on 31 December, 2021. According to a statement issued by the DMO, in… Read the full article here