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Friday 19th October 2018,
Hope for Nigeria

Kaduna, Skye Bank entered into partnership with IGR

Kaduna State Government as well as Skye Bank Plc have joined into a partnership with the goal of increasing the state’s internally generated revenue (IGR). This partnership is expected to accelerate the pace of development in the state. Kaduna State [...]

September 29, 2014 Business, Economy

CBN Reviews Nigeria’s Guidelines on International Money Transfer

The Central Bank of Nigeria (CBN) has evaluated the guidelines on international monetary transfer services. The review, according to the bank, was carried out in order to accommodate inbound as well as the outbound money transfer services that was introduced [...]

September 29, 2014 Business, Economy

Meet the snake boy who has shed his skin every 41 days

[cleveryoutube video=”OWzkhQhWkVc” vidstyle=”1″ pic=”” afterpic=”” width=”580″ quality=”inherit” starttime=”” endtime=”” caption=”” showexpander=”off” alignment=”left” newser=”Meet the snake boy”] A 16-year-old Indonesian boy named Ari Wibowo, has a horrible skin disorder, making him sheds his own skin similar to a snake every 41 [...]

September 27, 2014 Health issues

AEDC to unveil 100,000 prepaid meters annually

To start dealing with the metering gap in the coverage area, the Abuja Electricity Distribution Company (AEDC) will rollout 100,000 pre-paid meters every year. Managing Director of AEDC, Mr Neil Croucher, stated this on Friday while addressing journalists. Croucher said [...]

September 27, 2014 Economy, Power

Etihad expands services throughout Africa

Etihad Airways is going to expand its African route network having the launch of the daily service to Dar es Salaam,Tanzania's larget city. Flights between Abu Dhabi and Dar es Salaam, which commence on 1 December 2015, will be operated [...]

September 27, 2014 Economy, Technology

Poultry faces growing feeds’ prices

Poultry is dealing with hard times after the rising costs of feeds. Poultry  feeds account for  about 70  per cent of  the  total  cost of  chicken production. Speaking with The Nation, the   President, Poultry Association of Nigeria(PAN), Dr Ayo Oduntan  [...]

September 27, 2014 Economy

National Civil Aviation Authority inspects Bayelsa State Airport project

The Bayelsa State government has stated that sand-filling job was finished at the state-owned International Cargo Airport project site at Amassoma. The state Commissioner for Works and Infrastructure, Mr Lawrence Ewhrudjakpo, made the disclosure while conducting a delegation of the [...]

September 27, 2014 Economy

FAAN – Lagos Hajj terminal facilities still intact

The Federal Airports Authority of Nigeria ( FAAN), has confirmed that facilities located at the Hajj camp as well as Cargo terminals of the Murtala Muhammed International Airport, Lagos are in good shape to facilitate pilgrims airlift to Saudi Arabia [...]

September 27, 2014 Economy

Oil palm plantations can make 100,000 jobs

According to an expert, Dr Umoru Omodi, oil palm plantations can create about 100,000 jobs. Omodi, a former Executive Director, National Institute For Oil Palm Research(NIFOR), Benin, Edo State,  said  the  palm oil industry can  provide  jobs  in rural areas [...]

September 27, 2014 Africa, Agriculture, Business, Economy

LCCI decries several business permits

The lagos Chamber of Commerce & Industry (LCCI) has got decried the multiple business permits issuance in the state. The President, Mr. Remi Bello stated the movement of delivery trucks and vans in the metropolis has turned into a nightmare [...]

September 27, 2014 Business, Economy

FG gets $500m loan from World Bank for MSMEs

The Federal Government has got a $500 million loan from the World Bank to fund medium and small scale enterprises (MSMEs). A statement from the World Bank said its “Board of Executive Directors has approved a US$500 million International Bank [...]

September 27, 2014 Business, Economy, Finance

‘Killed’ leader of Boko Haram continuously threaten Nigeria

[cleveryoutube video=”xRu4W5usRi8″ vidstyle=”1″ pic=”‘Killed’-leader1.jpg” afterpic=”” width=”580″ quality=”inherit” starttime=”” endtime=”” caption=”” showexpander=”off” alignment=”left” newser=”‘Killed’ leader of Boko Haram continuously threaten Nigeria”] The Boko Haram leader Abubakar Shekau, or perhaps a man that claims to be him, has been killed around 3 [...]

September 27, 2014 Government and politics, Military

Local herbs cure malaria

Nigerian researchers currently have discovered as well as confirmed local plants that cure malaria similar to World Health Organisation (WHO)- recommended drugs like Artemisinin-based Combination Therapies (ACTs), amodiaquine, mefloquine and sulphadoxine/pyrimethamine. A recent study published in Malaria Journal has identified [...]

September 26, 2014 Health issues

Nigeria Internet to Invest $300bn to Africa’s GDP by year 2025

Nigeria's Minister of Communications Technology, Dr. Omobola Johnson, the other day in Lagos declared that research shows that the Internet can possibly contribute as much as $300bn to Africa’s GDP by 2025; and that is from approximately 18 billion in [...]

September 26, 2014 Business, Economy

Niger finished N2.590b Shiroro bridge

The government of Niger State has revealed that N2.590b Shiroro bridge work in Shiroro local state council has been finished as well as the project is all set for commissioning. The State Commissioner for Works and Infrastructural Development, Alhaji Muazu [...]

September 26, 2014 Business, Economy

6 Ships Arrive at Lagos Ports loaded with Petroleum Products

No less than 6 vessels filled with assorted kinds of petroleum products currently have arrived at the Lagos ports, said by the Nigerian Ports Authority (NPA). The petroleum products being in four of the vessels vessels include fuel, kerosene and [...]

September 26, 2014 Economy, Oil & Gas

Nigeria’s Export to China Goes up by 117.9%

The Peoples Republic of China Consul General, Mr. Liu Kan, the other day set the trade volume among Nigeria as well as China in the first 6 months of 2014 at $11.76 billion. Kan who spoke in Lagos at the [...]

September 26, 2014 Business, Economy

Ecobank and MasterCard Facilitate the Use of Cards for Purchases

Ecobank Transnational Incorporated (ETI) as well as MasterCard have signed an agreement that will help consumers make use of their MasterCard prepaid, debit and also credit cards at Automated Teller Machines (ATMs) of Ecobankm and Point of Sale (PoS) terminals [...]

September 26, 2014 Business, Economy

Cape Town plans to create open data portal

Cape Town joined yesterday San Francisco, London as well as Barcelona when it officially implemented an open data policy that will see brand new troves of economic as well as civic data put into the data portal of the city. [...]

September 26, 2014 Africa

Senate Approves External Loan of U.S.$1 Billion Dollars for FG

The Senate approved on Thursday a request intended for external borrowing of not greater than N1 billion dollars by President Goodluck Jonathan to handle security issues in the country. This followed the consideration of the report of the Joint Committees [...]

September 26, 2014 Business, Economy

Nigerian Government Revealed Plan For Members of Boko Haram Who Surrendered Their Weapons

The Federal Government has stated it will very soon start the entire process of rehabilitating and re-radicalising the members of Boko Haram, who have surrendered their weapons last week. Coordinator of the National Information Centre Mr. Mike Omeri, who briefed [...]

September 26, 2014 General, Military

ISIS militant identified in beheading videos – FBI

[cleveryoutube video=”DOwdXPEJ4sM” vidstyle=”1″ pic=”” afterpic=”” width=”580″ quality=”inherit” starttime=”” endtime=”” caption=”” showexpander=”off” alignment=”left” newser=”ISIS militant identified in beheading videos”] The US Federal Bureau of Investigation (FBI) director, James Comey said on Thursday they have identified the disguised ISIS militant that has [...]

September 26, 2014 International

South African survivors of the Nigeria church building collapsed acquired poor medical treatment

[cleveryoutube video=”UOBnmovmvYw” vidstyle=”1″ pic=”” afterpic=”” width=”580″ quality=”inherit” starttime=”” endtime=”” caption=”” showexpander=”off” alignment=”left” newser=”SA survivors of the Nigeria church building collapsed received poor medical care”] The personnel at the Steve Biko Academic Hospital in Pretoria said that the 25 South African [...]

September 25, 2014 General, Video

Denmark sends transport ships to Ebola-stricken countries

The government has made a decision to increase the aid contribution to Ebola-stricken countries throughout western Africa by an additional 40 million kroner. Furthermore, a Danish transport ship was offered to the UN to provide aid to the population being [...]

September 25, 2014 Health issues

Microsoft 4Afrika Declares AfriLabs To Enhance Innovation Hubs Throughout Africa

Microsoft 4Afrika has got introduced a new Collaboration Challenge along with AfriLabs to improve knowledge sharing throughout the hub network in Africa and encourage innovation. The challenge, formally launched at this year’s DEMO Africa event, is tasking hub members along [...]

September 25, 2014 Africa, Business, Economy

Firm to invest $150 million on rice production throughout Anambra

To help restore and broaden the state’s Omor Rice Mill via a Public-Private Partnership agreement, Joseph Agro Industries Limited (JAI) has signed a backward Integration Memorandum of Understanding along with the Anambra State Government to invest an initial $150 million [...]

September 25, 2014 Agriculture, Economy

Cable Vandal Man Electrocuted

An unknown middle-aged person suspected as a cable vandal has been discovered dead near the transformer sub-station in the municipal of Katsina. It was gathered that the lifeless body of the suspected cable vandal was found, Wednesday, near a transformer [...]

September 25, 2014 General

EFCC Blames Fishermen For Unauthorised Fishing

The Economic and Financial Crimes Commission (EFCC) the other day blamed 6 fishermen as well as their company, Oshine Resources Ventures Limited before the Federal High Court in Lagos, for presumably doing illegal fishing. The accused persons; Adekunle Oshingbosi; Momodu [...]

September 25, 2014 Business, Economy

Sterling Bank Aims N8.5bn Deposit Coming from New Initiative

Sterling Bank Plc has established a target deposit of N8.5 billion from the new initiative, Third Party Acquirer (3PA), by end of December 2014, having realised more than N2 billion deposit within the first 6 months of their introduction. The [...]

September 25, 2014 Business, Economy

Nigeria Endorse UN Global Strategy to Reduce Emissions

Nigeria, which is 6th in the ranking of global oil producing states, has got joined some other major producing countries to embrace a worldwide strategy that targets to reduce methane emissions. Multinational oil and gas companies, major producing states and [...]

September 25, 2014 Business, Economy, Oil & Gas