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Tesla Chief Executive Officer, ELON MUSK has acquired a 9.2 per cent stake in social media platform, Twitter, making him its largest shareholder. This was revealed in the US Securities and Exchange Commission 13G filing released by MUSK which indicates that the stake is worth 2.89 billion dollars, based on Twitter’s closing price last Friday. […]

The some retailers of sachets water and bread in Port Harcourt have blamed the prices increase in their produce on the rise of raw materials used for production.The retailers who spoke to my DORMOT CREW who visited some parts of Port Harcourt said the increment in raw materials led to the hike in price of […]

Traders and consumers at Mile One Market in Port Harcourt are lamenting over the high cost of perishable goods. Speaking to our correspondent who visited the market over the weekend, some of the traders lamented that price of perishable produce recorded an increase every day. Similarly, one of the traders ELIZABETH ONUOHA urged President MUHAMMADU […]

The Federal government has extended the ongoing national identification number (NIN) and subscriber identity module (SIM) integration exercise till June 30. Minister of communications and digital economy, Isa Pantami, announced this in a statement jointly signed by Ikechukwu Adinde, director of public affairs and Kayode Adegoke, head of corporate communications at the National Identity Management […]

Rivers State Governor, NYESOM WIKE says his administration has successfully completed the State cassava processing factory that will buy-off cassava tubers from 3000 Rivers farmers regularly. Governor WIKE who disclosed this when members of Management and Board of the Rivers State Cassava Processing company presented   processed cassava flour to him said the facility will be […]

Some customers of Port Harcourt Electricity Distribution, P.H.E.D. PLC have concluded plans for a protest today to the company’s headquarters over repeated cases of alleged over-billing of customers. The electricity consumers said all efforts to interface with PHED officials to solve several issues affecting them had yielded no results, forcing them to take their complaints […]

The Managing Director of Port Harcourt Refinery Company, AHMED DIKKO, has signed the contract with the Tecnimont SpA, for the rehabilitating of the refinery. The Managing Director, Tecnimont, the contractor for the project DAVIDE PELLIZOLA signed on behalf of the company for the contract which is expected to last 44 months. The Group Managing Director […]

The Federal Government says the rehabilitation of the Port Harcourt refinery in Rivers State will not significantly add to the nation’s burden. A total of 1.5-billion-dollars has been proposed by the government to fund the project, a decision that has sparked controversy and debates in various parts of the country. In what seems to be […]

A Bill for a law to amend section 32 of the Rivers State Public Procurement law number 4 of 2008, has scaled through the first reading on the floor of the Rivers State House of Assembly. This follows a letter sent to the state assembly by the state Governor, NYESOM WIKE requesting that the bill […]

The people of Okogbe Clan, Okodua Kingdom, in Ahoada West Local Government Area have insisted that their farmlands and forest reserves were burnt down following a fire from installations owned by Shell Petroleum Development Company, SPDC. The Ada of EkpeyeLogbothe Second,Doctor PATRICIA WADHIGA  told our correspondent KINGSLEY VIGAAGE Okogbe people noticed the fire incident on […]