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Sunday 22nd July 2018,
Hope for Nigeria

Aregbesola Promised To Improve Health Condition Of Osun People

Rauf Aregbesola, Osun State governor has re-echoed his dedication to improve the health condition of people of Osun State. Addressing supporters of the All Progressives Congress (APC) who thronged the ancient town of Ede for his re-election campaign rally in [...]

July 10, 2014 Health issues

Omisore Promises Promptness of Payments on Allowances and Salaries of Workers

Just a month towards the conduct of the Osun State governorship election, the Peoples Democratic Party (PDP) flag bearer, Senator Christopher Iyiola Omisore has got assured of quick payment of wages of employees in the state government service. Addressing party [...]

July 10, 2014 Economy, Employment

FG Floats Support N30bn Fund for Victims of B’Haram

President Jonathan declared the other day that the federal government has worked out plans to float a N30 billion assistance fund for Boko Haram victims attack throughout the country. It was gathered that, while the victims support fund got the [...]

July 10, 2014 Government and politics, Military

Bamidele Aturu, Rights Activist Lawyer, Dies At 49

The well known Lagos-based human rights activist and also lawyer, Mr. Bamidele Aturu, has passed away in Lagos at 49 years old. Though circumstances surrounding his death were sketchy at press time, sources said that the late lawyer was preparing [...]

July 10, 2014 General

House of Reps to Probe Contract on Abuja, Lagos CCTV worth N76 Billion

Yesterday, the House of Representatives led its Committees on Information and Communication Technology, ICT, Public Safety and National Security to probe the ZTE Corporation's failure to carry out agreement for installing Close Circuit Television Cameras, CCTVs, throughout Abuja and also [...]

July 10, 2014 Economy, Telecomms

Nigeria Football Federation was suspended by FIFA

The Nigeria Football Federation (NFF) on Wednesday was suspended by FIFA due to government disturbance, world soccer's ruling body stated in the report. FIFA sent a letter to the NFF last week expressing its concern after the NFF was served [...]

July 10, 2014 Sports

Power companies got N11bn from government within June

The Federal Government in the previous month disbursed more than N11bn as pay outs to market participants within the Nigerian electricity supply industry for the month of April. It said the disbursement was made through the new payment system, the [...]

July 9, 2014 Economy, Power

Kia Motors announced 4.3% growth of sales

Kia Motors Corporation has declared a 4.3% increase in its worldwide sales figures for passenger vehicles, recreational cars and also commercial vehicles for the 1st 6 months of 2014. The company said in a statement on Tuesday that it sold [...]

July 9, 2014 Economy, Technology

Unity Bank clears with 91.5% increase in 6-month profit

Unity Bank presented still more proof of the strength of the Nigeria banking industry when the lender reported half-year profit up by 91.5%. Unity Bank reported revenues of N30.85 billion for that six-month period to June 2014, a growth of [...]

July 9, 2014 Economy

The upgrade of MMA2 facilities will be completed by 2016

The operators of Murtala Mohammed Airport Two (MMA2), Bi-Courtney Aviation Services Limited (BASL), upon Tuesday, declared the facility upgrades at the terminal worth N500 million will likely be completed by 2016. Speaking at the commissioning of the newly installed escalator [...]

July 9, 2014 Economy

OPEC price lowers to $109.39 each barrel

The price of Organisation of Petroleum Exporting Countries’ (OPEC’s) 12 crudes has decreased from $109.63 to $109.39 for each barrel, in the weekend, reported by OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes (ORB) is made up of [...]

July 9, 2014 Economy, Oil & Gas

Lagos Airport on high security due to Al-Qaeda threat

The issue pressured lots of passengers, particularly those heading on the international flights, to travel to the Lagos airport so as not to miss their flight schedule flight. When the reporter went round the airports, the Nigerian Police, anti-terrorism squad, Air [...]

July 9, 2014 Economy

Boko Haram spiritual teacher: Chibok Girls are in good condition

According to the unnamed spiritual teacher of Boko Haram, the 200 Chibok schoolgirls are abducted 85 days back in Chibok, Borno State, are reported to be in good health and feeding properly. He said that some of the girls had [...]

July 9, 2014 General

Eket oil spill causes intense burden to the community

They appeared sadly trapped, all in Akwa Ibom State, it's been a long evening of oil despoliation. Extremely, the Niger Delta region of the nation is becoming infamous for the repetitive clamour from the environmental destruction of their communities after [...]

July 9, 2014 Economy, Oil & Gas

World Bank starts new partnership approach to help generate Nigeria’s development

The World Bank on Monday presented the new Country Partnership Strategy (CPS), focused at assisting the Nigerian Federal and State Governments to improve development for their people. Over 200 participants from the Donor Agencies, federal and state government’s Ministries Departments [...]

July 9, 2014 Economy

FAAN – Abuja Int’l airport will be closed for 30 hours

The Federal Airports Authority of Nigeria (FAAN) has got declared that Nnamdi Azikiwe International Airport Abuja runway will be closed once again for another 30 hours for rehabilitation work. FAAN had previously closed the runway for 30 hours between last [...]

July 9, 2014 Economy, Technology, Transportation

Diamond Bank Has Top Customer Service ICT Bank

Diamond Bank PLC, has showed up as Nigeria's best Bank when it comes to Customer Service as well as ICT in 2014 . It was granted the award within the Annual Banking Awards organised by Businessday newspapers. Now in its [...]

July 8, 2014 Economy

Bobby East Denies Producing Porno Video

Bobby East, a Zambian singer, whose claimed sex video along with a NIPA Student gone viral throughout the long weekend has got refused producing porn. According to a report circulating, the XYZ singing member who is on police watch with [...]

July 8, 2014 Nollywood, Societal issues

National Auto Policy Full Implementation Starts

The National Automotive Council (NAC) has stated the Federal government has maintained the July 1, 2014 date intended for complete implementation of the Nigerian Automotive Industrial Development Plan (NAIDP). In a statement released during the flag off of the Peugeot [...]

July 8, 2014 Economy, Technology, Transportation

FG slash controversial 110% import duty on rice

In its dedication to motivate investment in the rice benefit cycle by means of in reverse integration, the Federal Government has got approved plans to reduce the questionable 110% import duty as well as tax levy on rice. This is [...]

July 8, 2014 Economy

UBA starts Twitter transaction alert for customers

The United Bank for Africa (UBA) Plc comes with twitter based transaction notifications for clients. The bank has declared that clients will have the choice of getting transaction notifications in their Twitter direct inbox. Before now customers can only receive [...]

July 8, 2014 Africa, Economy

Ethiopia approves 15% 2014/2015 budget

Ethiopia’s parliament okayed a 178.6 billion-birr ($9.2 billion) 2014-2015 budget on Monday, a 15 % rise from the past year which will increase paying on education, health {and|as well as} road building. Strong state intervention has boosted the economy over [...]

July 8, 2014 Africa

Stakeholders point out export competition hinged on innovation and value

Stakeholders within the governance and also non-oil exports industry have encouraged the nation's non-oil exporters to increase their product value, adopt innovation as well as technology, while making sure their goods are thoroughly packed if they're eager to competie positively [...]

July 8, 2014 Business, Economy

GGML progresses towards Nigeria’s Methanol Plant

The symbol of improvement in efforts to improve gas utilisation in the nation, Gulf of Guinea Methanol Limited (GGML) has designated IHS Global Limited UK, a firm having expertise in engineering as well as energy related consulting, to help perform a [...]

July 8, 2014 Economy, Oil & Gas

FG aims pension assets of N15.5trn by 2024

The Federal Government forecasts it can increase the nation’s pension plan assets by nearly 300% from $27.2 billion (about N4.216 trillion) March 2014 figure to $100 billion (N15.5 trillion) over the next 2 years. From a deficit of about N2 [...]

July 8, 2014 Economy

Nigeria Receives Extended Credit Windows with IDA, IBRD

Finally, the World Bank found Nigeria credit deserving as well as accorded this with all the much awaited ‘Blend Status', enabling the nation to currently find developmental loans coming from the two International Development Association (IDA) and also International Bank [...]

July 8, 2014 Economy

Shagaya, Konga CEO/Founder will contribute 10 % to GDP

Simdul Shagaya, founder/CEO, had an engaging discussion with SULAIMON OLANREWAJU forecasting it is just a point of time before electronic shopping become the trend in Nigeria. How did Konga start? What gave you the idea of going into this [...]

July 7, 2014 Business, Economy

Benefits of availing a Nigerian car

Driving a Nigerian car is inspired by 5 important aspects. These are generally to help make the country less dependent on import, increase local manufacturing activities, develop job opportunities, protect against investment flight and also to help make purchase of [...]

July 7, 2014 Economy, Technology, Transportation

21-yr-old arrested by killing his father at Redemption Camp

A man named Tolani Ajayi, was arrested by the Ogun State police command for killing his father named Mr Charles Ajayi, within the Redemption Camp, on Tuesday at Lagos-Ibadan Expressway. The suspect, a 300-level student of the Department of History [...]

July 7, 2014 Environmental issues, General, Law

Wema Bank Plc secured $50m credit line from foreign banks

Wema Bank Plc had secured more than $50 million trade lines from many international correspondent banks. The bank also got development finance in excess of $20 million to support Small and Medium Scale Enterprises (SMEs) among, others. Through these development, [...]

July 7, 2014 Economy