Pin It
Sunday 22nd July 2018,
Hope for Nigeria

Otti: Our Cutting Edge is Retail Banking

Managing Director/Chief  Executive Officer of Diamond Bank Plc, Dr. Alex Otti, was one of the visible conference participants at the last Spring Meetings of the IMF/World Bank in Washington D.C., USA. Otti, an economist, took time off his busy schedule [...]

April 28, 2014 Business

Jonathan recognises cement industry’s contribution to economy

Jonathan recognises cement industry’s contribution to economy – President Goodluck Jonathan on Friday said that the cement industry had attracted six billion dollars about N960 billion local and foreign investments into the country. Jonathan made this known at the ground [...]

April 26, 2014 Economy

Lagos To Axe 2,650 Hotels Over Non-Registration

For refusing to register their hotels and restaurants, Lagos State Government yesterday said it may shut over 2,650 hotels and restaurants in the state. Commissioner for Tourism and Inter-Governmental Relations, Disun Holloway, who disclosed this at a briefing in Lagos [...]

April 26, 2014 Economy
Chris Nkulor nollywood

Nollywood Actor Dies Of Kidney Ailment

The movie industry has once again recorded the sad loss of one of its members. Nollywood actor, Chris Nkulor, passed on after a battle with a kidney related disease. The veteran actor was said to have died Tuesday night at [...]

April 26, 2014 Nollywood

Dagrin: Industry Celebrates His Relevance

Since his tragic demise, his influence on the indigenous rap music has been massive. Rap artistes like Olamide, Reminisce and others namely Seriki and Oritshefemi to name a few have been inspired by his originality and doggedness to stray to [...]

April 26, 2014 Nollywood

FCT Rural Communities Laments High Cost Of Water

The dry season water shortage in many FCT rural communities and continued vandalisation of water pipes forced an alternative arrangement by the FCT Water Board. But that arrangement has come with whinges as some rural dwellers are lamenting of exploitation. [...]

April 26, 2014 Economy

Katsina: Enhancing Development Through Road Construction

Since coming into office, Governor Ibrahim Shema of Katsina State has embarked on various road projects to better the lives of the citizens of the state. Muazu Elazeh writes on the levels of these road projects. It is an established [...]

April 26, 2014 Economy

Alison-Madueke And Challenges Of Repositioning Petroleum Sector

By the token of its reckoning and standing in both local and international calculations the release of the rebased Gross Domestic Product (GDP) has put Nigeria’s economy as the strongest in Africa and the 26th strongest economies of the world. [...]

April 26, 2014 Oil & Gas

I Turned Down Pillars For Fear Of Boko Haram – Ezeji

Former Dolphin FC of Port Harcourt captain, Victor Ezeji, has revealed he turned down the opportunity to play for Nigeria Premier League Champions, Kano Pillars this season for fear of Boko Haram insurgency in the north. reported that Ezeji [...]

April 26, 2014 Sports

UBA Rejigs Operations

In pursuit of its Project Alpha plans, United Bank for Africa (UBA) Plc has announced key appointments to drive its quest for industry leadership by 2015. UBA’s Project Alpha is a 3-year road map of key transformation initiatives, designed to [...]

April 26, 2014 Business

IMF Forecasts ‘Quickened’ Growth For Nigeria Over Improved Oil Production

The International Monetary Fund(IMF) said yesterday  that it expected growth in Nigeria – Africa’s biggest economy – to quicken as oil production picked up after recent supply disruptions. It stated that South Africa, now ranked second largest in the continent [...]

April 25, 2014 Oil & Gas

Why Artists Need Grant To Boost Arts

The buzz about making arts a revenue generation base for the economy apart from oil is a multifaceted task that requires collective efforts from both the art sector and stakeholders generally. This project would amount to a wild goose chase [...]

April 25, 2014 Business

Brazil 2014: Eagles not ready for W/Cup – Keshi

Super Eagles head coach, Stephen Okechukwu Keshi, has noted that it is too early to give Nigerians any form of assurance regarding the readiness of his team for the Brazil 2014 FIFA World Cup, urging them to exercise patience until [...]

April 25, 2014 Sports

WAFU B U-17: Benin set up semi-final clash against Nigeria

Nigeria and Benin would meet face-to-face in a competitive Under-17 match for the first time in six years at the semi-finals of WAFU B Tournament at the Stade Municipal in Togo on Friday. The Nigeria-Benin clash would kick off at [...]

April 25, 2014 Sports

Greensprings/Kanu Football Camp to train 100 coaches

The 3rd Greensprings/Kanu Annual Football Camp kicks off this weekend with a coaching clinic for 100 coaches in Lagos. The coaches will undergo intensive training at the one-week clinic. The two-day training is in partnership with the Lagos State Football [...]

April 25, 2014 Sports

BOA, Kano disburse N2bn to farmers

Kano State Government, in collaboration with the Bank of Agriculture (BOA), has disbursed N2 billion as loans to farmers in the state, as part of efforts to boost smallholder farmer businesses, the state Governor, Rabi’u Kwankwaso, has announced. Speaking during [...]

April 25, 2014 Agriculture, Economy

LASG lauds Ecobank, others over support for tourism

The Lagos State Government has commended Ecobank and some other corporate organisations for their consistent support to the development of tourism in the state.  Speaking at the 2014 Lagos Water Regatta held recently, the Commissioner for Tourism and Intergovernmental Relations, [...]

April 25, 2014 Business

LTC JWT wins Shell’s global excellence award

Indigenous and leading advertising firm, LTC-JWT has won the first prize for Shell advertising global awards in the just concluded Shell Global VI Excellence Awards. The award, which is Nigeria’s Shell “Let’s Go” Digital and Print Campaign materials that won [...]

April 25, 2014 Oil & Gas

Depositors laud Sterling for loyalty reward

Impressed by the “One Customer” experience they had at the exclusive private pre-release screening of the award winning film, “Half of a Yellow Sun,” customers lauded Sterling Bank Plc for providing a platform to access the film before its presentation [...]

April 25, 2014 Economy

IMF sees SA growth firming on rising global demand

ECONOMIC growth in South Africa will improve modestly this year amid an upturn in world demand, the International Monetary Fund (IMF) said in its latest sub-Saharan Africa regional economic outlook report, released on Thursday. But supply constraints and infrastructure bottlenecks [...]

April 25, 2014 Economy

African Sign expo gets APCON boost

The much anticipated first international African Outdoor Advertising Sign Expo Lagos which is scheduled for June 25 – 27, 2014 recently received a major boost with the Advertising Practitioners Council of Nigeria (APCON) the apex regulatory body for advertising practice in Nigeria [...]

April 25, 2014 Africa, Business

Why Nigeria’s Economic Potential Matters

Nigeria was in the news last week for two big reasons. About 100 girls were allegedly abducted by the Islamist group Boko Haram, which is also believed to be behind a recent attack on the country's capital, Abuja, that left 71 people [...]

April 24, 2014 Economy

Cargo Information Transmission Delay Worries Customs

THE Nigeria Customs Service (NCS) may have decided to dump MTN, as providers of transmission services for clearing information in cargo delivery process. Disclosing this to Vanguard in Lagos, Mr. Ony Ogbonna, Deputy Comptroller in charge of Customs' Pre- Arrival [...]

April 24, 2014 Technology

The Nigerian Constitution, States and Electricity Regulation

We had specifically stated that, in countries which practice constitutional democracy, the constitution is the fundamental law of such countries. Furthermore, we had also specifically stated that Nigeria’s Constitution places electricity generation, transmission and distribution on the Concurrent Legislative List. [...]

April 24, 2014 Power

NPDC to Begin Production of 250,000 bpd in 2015-NNPC

The Nigerian National Petroleum Corporation (NNPC) on Wednesday said Nigerian Petroleum Development Company (NPDC), its subsidiary, would begin production of 250,000 barrels of oil daily in 2015.The Group Managing Director of NNPC, Mr Andrew Yakubu, who said this, added that NPDC was already being [...]

April 24, 2014 Oil & Gas

Mikel, Moses, Echiejile Bench Warming Don’t Bother Me — Keshi

With 50 days to the kickoff of the 2014 FIFA World Cup in Brazil, Super Eagles coach, Stephen Keshi has declared that he is not bothered about the  bench warming roles most of his players are undergoing in their clubs. [...]

April 24, 2014 Sports

Poor Funding, Bane of Steel Industry

A major challenge to the development of the nation’s steel sector is the near neglect  of the Ajaokuta Steel Complex and the under utilisation of the nation’s National Steel Raw Materials Exploration Agency (NSRMEA) due to poor funding. Ruth Tene [...]

April 24, 2014 Economy

Construction Of Tegina-Kotangora Transmission Line By-Pass Ongoing – TCN

The Transmission Company of Nigeria (TCN) has said necessary materials for the construction of a transmission by-pass which would temporarily replace the 132kV transmission line from Tegina to Kotangora in Niger State has been mobilised to site. The line was [...]

April 24, 2014 Telecomms

Marginal Field Bid Round Failure Raises Concern Among Investors

There is uneasy calm in Nigeria’s oil industry following inexplicable reasons trailing the federal government’s lack of political will to conduct marginal field bid round since the last quarter of 2013. The industry regulator, the department of petroleum resources (DPR), [...]

April 24, 2014 General

CFAO To Begin Local Vehicle Assembly

French automobile manufacturer, CFAO Automotive Group, has announced  that  it was making necessary logistic arrangements to begin vehicle assembly operations in the country. Managing director of CFAO, Mr Olivier Levigne, made this disclosure during a visit to the director-general of [...]

April 24, 2014 Technology, Transportation