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Wednesday 23rd January 2019,
Hope for Nigeria
Russia plane crash leaves 50 dead

Russia plane crash leaves 50 dead

A Boeing 737 jetliner crashed and burst into flames Sunday night while trying to land at the airport in the Russian city of Kazan, killing all 50 people aboard in the latest of a string of deadly crashes across the [...]

November 18, 2013 General
Conoys in Nigeria

This madness in the name of convoys

The convoy was intimidating, People scampered for safety, other road users veered off the road in what looked like a scene in Hollywood movies, if you thought it was a war scene, you were wrong.  Because making use of that [...]

November 17, 2013 Incidents
Ethiopia coach congratulates Nigeria for World Cup spot

Ethiopia coach congratulates Nigeria for World Cup spot

Ethiopia coach Sewnet Bishaw congratulated Nigeria national football team for reaching the 2014 World Cup in Brazil, believing the Super Eagles showed class and experience to overcome his team.   Nigeria booked their place in the 2014 World Cup finals [...]

November 17, 2013 Sports

Anambra Elections: Accreditation of voters in progress

By Tony Edike UKPO DUNUKOFIA –  Accreditation of voters for the Anambra governorship election commenced at most polling centres in Awka South, Njikoka and Dunukofia local government areas a early as 8.10 am. Many anxious  voters  were  seen on queue [...]

November 16, 2013 General

INEC releases names, contacts of officials for Anambra Poll

The Independent Electoral Commission,INEC,  has released the names and contacts of its officials namely, the Resident Electoral Commissioner, Electoral officers, EOs for today’s Anambra governorship election. Resident Electoral Commissioner (REC), Prof. (Pastor) C. E. Onukaogu 08034001141; Administrative Secretary, INEC, Mr. [...]

November 16, 2013 General
Saheed Adepoju Inye

Nigeria’s Saheed Adepoju is a young man with big dreams. He is the inventor of the Inye

  Nigeria's Saheed Adepoju is a young man with big dreams. He is the inventor of the Inye, a tablet computer designed for the African market. According to the 29-year-old entrepreneur, his machine's key selling point is its price – [...]

November 15, 2013 Technology
SEC Promises Effective Regulation of Private Equity Firms

SEC Promises Effective Regulation of Private Equity Firms

Eromosele Abiodun As part of efforts to perform its investor protection mandate, the Securities and Exchange Commission (SEC) Thursday promised to effectively regulate the private equity/hedge funds space in line with global best practices. Speaking at a seminar on private [...]

November 15, 2013 Finance

UN, NESG Harp on Agriculture Development

The United Nations (UN) and the Nigerian Economic Summit Group (NESG) have stressed the need for government as well as the private sector to take decisive measures towards developing the agricultural sector.   As a follow up on the recently [...]

November 15, 2013 Agriculture
ASUU leaders chase Kogi gov away from hospital

ASUU leaders chase Kogi gov away from hospital

Angry leaders of the Academic Staff Union of Universities allegedly chased away the Governor of Kogi State, Captain Idris Wada (retd.) from the emergency ward of the  Lokoja General Hospital on Tuesday. Wada had gone to the hospital  to visit [...]

November 14, 2013 Incidents
Bayelsa State Governor

Bayelsa plans partnership to create 30,000 jobs

Bayelsa State Government in partnership with the Organized Private Sector, is planning to create about 30,000 jobs in oil and gas and other sectors of the economy. To realise this, the government has initiated a bilateral agreement with a United [...]

November 14, 2013 Government and politics

World Bank to spend $1.4bn on power transmission

BY EVEREST AMAEFULE   The World Bank will, in the next three years, spend about $1.4bn on the nation’s power industry, especially on transmission infrastructure. The World Bank Country Director for Nigeria, Marie-Francoise Marie-Nelly, stated this in an interview with [...]

November 14, 2013 Power
Lamido Sanusi

Revive market for commercial papers market – Sanusi charges FMDQ

GOVERNOR, Central Bank of Nigeria (CBN), Mallam Lamido Sanusi has called on the board of the Financial Market Dealers Quote to revive the market for commercial papers in Nigeria. Commercial papers are unsecured promissory notes  with a fixed maturity of  [...]

November 14, 2013 Finance, Real Estate
NEPAD Advocates Increased Development in Cassava

NEPAD Advocates Increased Development in Cassava Value Chain

By Biyi Adedapo The New Partnership for African Development (NEPAD) has advocated increased development of the cassava production in Nigeria, in order to enhance the cassava value chain. Chairman NEPAD Business Group Nigeria (NBGN), Mr. Chris Ezeh, made the call [...]

November 14, 2013 Agriculture
Kogi Gov's Convoy Kills Ex-ASUU President, Iyayi

Kogi Gov’s Convoy Kills Ex-ASUU President, Iyayi

The four month-long strike of the Academic Staff Union of Universities, ASUU, yesterday took the life of a former president of the union, Professor Festus Iyayi of the University of Benin. Iyayi, who died in a car accident on his [...]

November 13, 2013 General
Emergency Rule - Jonathan Presents Security Report to House

Emergency Rule – Jonathan Presents Security Report to House

BY NDUKA NWOSU AND MUHAMMAD BELLO President Goodluck Jonathan Tuesday sent a report on the security situation in Adamawa, Borno and Yobe States to the House of Representatives to back up his request for the extension, by another six months, [...]

November 13, 2013 Law

Baraje Resigns As Chairman Nigerian Railway Corporation

One of the suspended members of the ruling Peoples Democratic Party (PDP), Mr Abubakar Kawu Baraje, has resigned as the Chairman, Nigeria Railway Corporation Governing Board.   In a letter to the Nigerian government, Mr Baraje, who is the leader [...]

November 13, 2013 Transportation
Broadband Nigeria

Sanusi Hails CFA Society’s Contributions to Financial System

The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, has hailed the CFA Society of Nigeria for its role of producing professionals who have contributed to the smooth functioning of the Nigerian financial system.   Sanusi [...]

November 13, 2013 Finance
Broadband Nigeria

FG plans GIS mapping to guide investors on broadband opportunities

The Federal Government is embarking on a GIS (Geographic Information System) mapping of all existing fibre networks in the six geo-political zones of the federation. This is one of the series of interventions fully backed by the presidency specifically aimed [...]

November 13, 2013 Technology
Nigeria food imports reducing

Nigeria food imports reducing ­—FG

The quantity of food imported into Nigeria has continued to drop on a yearly basis, the Federal Government has said. It said efforts by indigenous farmers were yielding meaningful results as most foods consumed in the country were produced locally. [...]

November 13, 2013 Agriculture
Mr. Jonah Ogunniyi Otunla

AGF advocates new accounting policies

By Olasunkanmi Akoni Accountant-General of the Federation, AGF, Jonah Ogunniyi, has stressed the need for accountants-general across the states to ensure the success of the implementation process of International Public Sector Accounting Standards, IPSAS, by 2014. The process aims at [...]

November 13, 2013 Finance

Nigeria’s debt rises to N8.32tn

The nation’s total debt now stands at N8.32tn ($53.42bn), the Debt Management Office has said. The latest statistics released by the DMO on its website on Monday showed that as of September 30, 2013, the total debt comprised the external [...]

November 13, 2013 Finance
Nigeria’s parliament postponed President Goodluck Jonathan’s budget .

Nigeria Postpones Budget Speech That Seeks Spending Curbs

Nigeria’s parliament postponed President Goodluck Jonathan’s budget speech in which he’s expected to propose spending limits as revenue falls in Africa’s largest oil producer. The presentation will be made on Nov. 19 instead of tomorrow, Enyinnaya Abaribe, chairman of the Senate Committee [...]

November 12, 2013 Finance

FG Jumpstarts Process to Host WEF, Targets Increased FDI

Okonjo-Iweala:  Hosting is a sign of global confidence in Nigeria Ndubuisi Francis and Kunle Aderinokun The federal government Monday, jumpstarted the process of hosting the 24th  edition of the World Economic Forum (WEF), expressing optimism that the event would boost [...]

November 12, 2013 Business
Chief Innocent Ifediaso Chukwuma founder Innoson Motor Manufacturers

An Interview with Chief Innocent Ifediaso Chukwuma founder Innoson Motor Manufacturers

  An Interview with Chief Innocent Ifediaso Chukwuma founder Innoson Motor Manufacturers Nigeria Breaks Through In Automotive Technology, Thanks to Innoson Vehicle Motors Of Nigeria People of the World, Nigeria, and Africa at large, I bring you good news! The [...]

November 11, 2013 Technology
‘My Next Target Is To Build An Aeroplane’

17-Yr-Old Engineering Prodigy – ‘My Next Target Is To Build An Aeroplane’

A 17-year-old secondary school student, Ismaila Suraju, has built a planting machine and a locally-made power generator that uses water and batteries, among others.   The boy doesn't plan to stop, he says his next goal is to build an [...]

November 10, 2013 Technology
Super Typhoon Haiyan '10,000 Could Be Dead'

Super Typhoon Haiyan: ‘10,000 Could Be Dead’

At least 10,000 people are thought to have been killed in the Philippine city of Tacloban by Typhoon Haiyan, officials believe.     A further 300 are confirmed dead with 2,000 missing in the neighbouring island of Samar. Up to [...]

November 10, 2013 Uncategorized

CBN Mandates Banks to Get Security Certification by 2015

James Emejo The Central Bank of Nigeria (CBN) has mandated all commercial banks to be information security-certified by 2015. The CBN Deputy Governor (Operations), Mr. Tunde Lemo, dropped the hint in Abuja on Wednesday, during the conferment of the ISO [...]

November 8, 2013 Finance
Bids for 10 NIPP plants close today

Bids for 10 NIPP plants close today

Bids for the 10 National Integrated Power Project plants owned by the Niger Delta Power Holding Company Limited will close today (Friday) in Abuja, the Managing Director of the company, Mr. James Olotu, has said. Olotu said on the sidelines [...]

November 8, 2013 Power
National Assembly Increases Oil Benchmark to $76.5pb

National Assembly Increases Oil Benchmark to $76.5pb

Reuben Buhari A report by the Joint Committees of the National Assembly on Finance and Appropriation which was submitted on the floor of the Senate Thursday has recommended an upward review of the oil benchmark price from $74 per barrel [...]

November 8, 2013 General
Typhoon Phillipines

Typhoon kills at least two as 125,000 people evacuated in Philippines

AT LEAST two people have died after one of the most powerful typhoons on record has slammed into the Philippines, setting off landslides, knocking out power in one province and cutting communications in island regions. Telephone lines appeared down as it [...]

November 8, 2013 Uncategorized