Pin It
Sunday 22nd July 2018,
Hope for Nigeria

CBN deploys 2,000 machines to banks in Lagos

The Central Bank of Nigeria (CBN) said it is deploying over 2,000 capturing machines to 1,000 branches of 1,401 branch networks targeted in Lagos State. In an exclusive telephone interview with Daily Sun, the spokesman of the CBN, Mr. Isaac [...]

June 10, 2014 Economy

FG rakes in N118bn from Orlean Invest

From ROMANUS UGWU, Abuja An oil and gas logistic company, Orlean Invest West Africa Limited, has disclosed that it remitted $724.651 million (about N118 billion) into the coffers of the Federal Government since it got the 25-year concession on Onne Oil [...]

June 10, 2014 General

Access Bank to support SMEs grow GDP

Access Bank has disclosed its readiness to support the small and medium sized enterprises (SMEs) in the country, to boost employment generation, improvement of local technology, output diversification and development of indigenous entrepreneurship. Speaking at a business forum organized by [...]

June 10, 2014 Business, Economy

NBCA sets agenda for new CBN governor

The Nigerian Bank Customers Award (NBCA) has tasked the new Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on the need to make bank customers the focal point of his administration. In a statement by its team [...]

June 10, 2014 Economy

Nigeria to export ceramic tiles – Official

Nigeria is largest manufacturer of ceramic tiles in West Africa. The Minister of Mines and Steel Development, Musa Sada, on Monday said Nigeria had concluded plans to begin the exportation of ceramic tiles to other countries. The minister made this known [...]

June 10, 2014 Business, Economy

FCT Records Zero Polio Since Jan. 2013 – Minister

The Minister of State for FCT, Ms Olajumoke Akinjide, said there had been no case of wild polio virus when only one was recorded in Jan. 2013 in Abuja. Akinjide made the remark at the inauguration of the Maternal, Newborn [...]

June 10, 2014 Health issues

Why I Am Backing Nigeria to Make Second Round – Mourinho

Chelsea manager Jose Mourinho is backing Nigeria to qualify from group F into the knockout stages of the 2014 FIFA World Cup tournament, because one of his players is in the team. The Super Eagles have been drawn in the [...]

June 10, 2014 Sports

Two Covenant Varsity Students Abducted in Abuja

Gunmen have kidnapped two female students of Covenant University, Ota, Ogun State from their home in Karmo, Abuja on Sunday. The girls, Ejura and Onekwu Opaluwah, were taken away in the booth of a blue Honda car with number plate, HR [...]

June 10, 2014 General

Int’l Confab On Africa’s Agric Development Programme Begins

An international conference which is discussing the “Comprehensive Africa Agriculture Development Programme (CAADP)” over the next five years opened on Monday in Kigali, Rwanda. Participants included politicians and experts in the agricultural sector. They are to evaluate achievements of the [...]

June 10, 2014 Business, Economy

FG Plans To Concession Railway Facilities To Boost Foreign Direct Investment

The Federal Government has stated its plans to concession railway facilities on completion to capable private concerns which will boost Foreign Direct Investment (FDI). To this end, the government has articulated broad latitudes to facilitate beneficial private sector participation and [...]

June 10, 2014 Business



June 9, 2014 Incidents

Ondo pays N396m in bursary, scholarship

The Ondo State Government says it is disbursing N396m to 32,784 indigenous students of the state in the country’s tertiary institutions as bursaries and scholarships for the 2013 scheme, the News Agency of Nigeriareports. Chairman of the Ondo State Scholarship Board, [...]

June 9, 2014 Economy

Germany Boosts Nigeria’s Entrepreneurship Drive with €20m

German Agency for International Corporation (GIZ) has earmarks 20 million euros to improve its support for entrepreneurship and trade development, especially the micro, small and medium-size enterprises (MSMEs) in Nigeria for a period of three years. GIZ Country Director, Mr. [...]

June 9, 2014 Economy

Update On Kefee’s Health: Doctor’s Diagnosis Finally Revealed

Gospel singer, Kefee, who collapsed after embarking on a 14-hour flight to Chicago for an event days ago, is still in a coma and her doctor has revealed that she needs a miracle to survive as she has been diagnosed [...]

June 9, 2014 Nollywood

Delta To Disburse N22m To Rural Farmers

The Delta government has earmarked N22 million for disbursement to rural farmers under the National Programme for Food Security (NPFS), Mr Misan Ukubeyinje, the Commissioner for Agriculture and Natural Resources, said. Ukubeyinje told the News Agency of Nigeria (NAN) in [...]

June 9, 2014 Economy

Nigerian economy to grow by 15 percent if energy crises resolved

Austin Avuru, CEO of SEPLAT has said that the “Nigerian economy which is presently growing at 7 percent will leapfrog to 15 percent per annum if we get the power situation right.” Avuru was responding to questions in Monte Carlo [...]

June 8, 2014 Economy

‘Despite security challenges, Nigeria remains an investment haven’

Dr. Nimota Nihinlola Akanbi is Ambassador of the Federal Republic of Nigeria to the Royal Kingdom of the Netherlands. Prior to her present position, she was Permanent Representative of Nigeria to the Organization for the Prohibition of Chemical Weapons. She [...]

June 8, 2014 Economy

’60 foreign, 4,000 local firms exploring Nigeria’s minerals’

THE Federal Government said on Sunday that 60 foreign and 4,000 local companies were participating in the country’s mineral exploration. The Minister of Mines and Steel Development, Mr Musa Sada, told the News Agency of Nigeria (NAN) in Abuja that [...]

June 8, 2014 Business

Shareholders approve FCMB’s N5.94bn dividend

FCMB Group Plc has received the approval of its shareholders to pay a total of N5.94bn as dividend for the financial year ended December 31, 2014. The amount represents a payment of 30 kobo per ordinary share held. The group [...]

June 8, 2014 Economy

Importers Commend Emefiele’s Policies

Importers in the maritime sector have commended the new Central Bank of Nigeria (CBN) Governor, Godwin Emefiele’s policies, saying that they would improve business. Some of the shippers and importers in the maritime industry reacted to Emefiele’s vision to cut [...]

June 8, 2014 Business

NLNG targets 10% of global LNG supplies

THE Nigerian Liquefied Natural Gas (NLNG) has stated that it is targeting to increase its global supplies of LNG from the current seven per cent to 10 per cent when the Train7 is finally completed. The company currently operates six [...]

June 8, 2014 Business

Female suicide bomber, soldier die as bomb explodes at Gombe army barracks

A female suicide bomber and one soldier died while another soldier was wounded when a bomb exploded at a Nigerian army barracks in Gombe, on Sunday. Director of Defence Information, Major-General Chris Olukolade, confirmed that a bomb exploded at the [...]

June 8, 2014 General

‘FG to partner agencies on employment for newly graduated 127 pilots, engineers’

The Senior Special Adviser to the Presidency on Aviation Matters, Captain Shehu Usman Iyal, said that the relevant agencies of government were collaborating to ensure that the 127 pilots and aircraft engineers type-rated after their training from the Federal Government’s [...]

June 8, 2014 Technology
Nigerian Caps

How to Wear Nigerian Cap with “SWAGGER”

Africa Fashion – essential to any traditional Nigerian outfit, but often overlooked by international fashion design…. [...]

June 8, 2014 Culture
DJ Sax

Meet Nigeria’s Youngest Saxophonist

Meet Nigeria's Youngest Saxophonist – Witness the interview about the Nigeria's youngest Saxophonist – DJ Sax! – that has played for 2Face, the Presidency, and many more! [...]

June 8, 2014 Music and film
Lagos China Town

Tour the China Town in Nigeria

Lagos's Chinatown (or China Commercial City, 中国商城) was built in 2004.  It was raided in 2006 by Nigerian customs authorities and temporarily shut down.  A Nigerian lawyer connected to the raid claims that Chinese were given impunity to sell pirated [...]

June 8, 2014 Demographics, Language

South African footwear union to strike from Monday

A South African footwear manufacturing union said on Friday it would go on a wage strike from Monday, the latest industrial action to hit an economy already reeling from a five-month stoppage in the platinum sector. Thousand of Members of [...]

June 7, 2014 Economy

UNILAG students protest penalty on late registration

Akoka area of Lagos was locked down in a heavy traffic on Friday as students of the University of Lagos protested in the school, accusing the management of extortion. The students locked the school gates for over six hours and [...]

June 7, 2014 Education, Societal issues

Groups canvass speedy rescue of Chibok girls

The Coordinator of Civil Society Action Coalition for Education for All, Hajia Nimat Laibaika, and the National President of the Women in Management and Leadership Association, Dr. Ijeoma Felix, have said the continued captivity of over 200 girls of the [...]

June 7, 2014 General

Group advocates environmental protection

The Director and Head of the Department of Sustainable Forest Management at Forestry Research Institute of Nigeria, Mrs. Aderonke Adio, has urged Nigerians to desist from polluting the sea and rivers around them in order to ward off disaster associated [...]

June 7, 2014 Environmental issues, Geography