Nigeria targets to provide derivatives by 2016 – The Nigerian Stock Exchange intends to start allowing trading by 2016 of derivatives like futures and options in interest rates, currencies as well as equity indexes, said by its chief executive. The exchange, [...]
FG raises warning over smuggling of frozen chicken – The Nigerian Federal Government has cautioned people involved in smuggling of frozen chicken to desist in order to avoid the return of Ebola Virus Disease (EVD) towards the country. According to [...]
Akwa Ibom Gov challenges NERC to impose high quality delivery, efficient pricing – Chief Godswill Akpabio, Akwa Ibom Governor, has called on Nigerian Electricity Regulatory Commission (NERC) to impose service quality delivery as well as control efficient pricing all over the [...]
Osun State Government has begun the distribution of unified uniforms to about 750,000 public primary and secondary school pupils in the state even as it said that about N2.6billion has expended on education in the past two years. Governor Rauf [...]
UN Secretay General Named the New Ethiopian Commander for UNISFA – Ban Ki-moon, the United Nations Secretary-Common, has declared the appointment of Significant Basic Birhanu Jula Gelalcha from Ethiopia as being the new force commander of the UN Interim Security [...]
Falling crude price: Ripple results of global politics on Nigerian economy – The current loss of the crude oil value was noticed by many stakeholders being a single tool used by the world powers, such as the United States, as [...]
Abu Dhabi Ethiopian Embassy Inaugurated – Foreign Minister Dr. Tedros Adhanom together with the United Arab Emirates’ Minister of Foreign Affairs, Sheikh Abdullah bin Zayed bin Sultan Al Nahyan, inaugurated on Saturday the Abu Dhabi Ethiopian embassy . The ceremony [...]
Unity Bank improves profitability – Unity Bank Plc, the Nigeria’s top retail bank was incorporated in Nigeria being a private limited company on 27th April, 1987 under the name Intercity Bank Limited. It was granted license on 28th October, 1987 [...]
his leg touched a cable line which caused a spark and fire which spread over his body while he persistently shouted for help. A 16-year-old boy, Terseer Iorparegh, was yesterday caught stuck in a high tension cable while attempting to [...]
FG desperate to expand and improve high quality cassava products – Dr Akinwumi Adesina, the Minister of Agriculture, has mentioned the Federal Government is ‘desperate’ to expand and improve high quality cassava products to serve the wants of the current [...]
FG Restricts importation of animals due to Ebola – The Centre for Control of Zoonotic Diseases, University of Ibadan, has called on the Federal Government to limit animal importation, for both research and backyards, from countries trapped by Ebola virus. Dr [...]
FG requests shutdown of cargo shed at Lagos airport – The Federal Government has insisted that the cargo shed should remain close at the Murtala Muhammed International Airport, Lagos, until terminal operators adhere to new operational procedures. The government issued this [...]
2 policemen, 1 corps member, others killed in Ekiti bank robbery – Two policemen, considered a male and a female and 2 others, together with a female corps member, was killed in another robberyin a branch of first generation bank in [...]
Bharti to Sell Nigerian Towers to American Tower Corp for $1 Billion – The India’s largest telecommunications firm, declared that its Netherlands-based unit has decided to sell its telecommunications towers in Nigeria to American Tower Corp. Bharti Airtel International Netherlands B.V., [...]
Uganda house maid who brutalized toddler to face attempted murder charges – Uganda police have proved that Jolly Tumuhirwe (22), the house maid who had been secretly recorded brutalizing a 2-year-old child, will be charged with attempted murder. Patrick Onyango, who [...]
Court Frees Suspect of Nyanya Bombing – Justice Adeniyi Ademola of a Federal High Court in Abuja the other day struck out the charge filled out by the federal government against Aminu Sadiq Ogwuche, the alleged mastermind of the April 14 [...]
Kogi state Governor, Idris Wada, has been seriously injured in an autocrash today. Unconfirmed reports said Wada may be in coma at the SMC where he was rushed to. The accident reportedly occurred after the governor and his convoy were [...]
Nigeria’s Oil Export Experiences Problem As Shell Closes Facility – Nigeria’s oil exports was disrupted after Shell’s local unit closed down a pipeline that carries a important grade after a leak was discovered on Saturday, the company stated the other day. [...]
As federal allocation decreases, states consider IGR – Challenged with continual decreasing income from the Federation Account because of sinking worldwide crude oil prices, states currently venture to take more people and organisations to the tax net as a means [...]
The Fight against terrorism in Nigeria received a big boost, as the National Assembly endorsed death penalty for culprits of terror and related offences in country. Earlier on the Senate proposed a Life Imprisonment, while their House of Representative counter-path [...]
Rice valuation cycle increase in Nigeria and Africa – Nigeria is the biggest rice producer throughout West Africa sub-area. Nowadays, rice isn’t a luxury food to a lot of Nigerians but has come out to be the cereal that provides [...]
UBA Announces Foreign Currency Transfer on Online Banking System – The United Bank for Africa Plc (UBA) has declared the introduction of forex transfer capacity on its internet banking platform, U-Direct. The new service allows the bank’s customers to transfer funds [...]
Cocoa farmers, stakeholders want expanded assistance – The numerous stakeholders within the cocoa value sequence gathered the previous week at the Cocoa Analysis Institute of Nigeria (CRIN), Ibadan, to talk about concerns regarding the development in cocoa transformation agenda. Despite [...]
Burkina Faso declares a transitional government – Burkina Faso’s transitional leaders have agreed upon a new government to guide the country’s election in the coming year, assigning a few key cabinet posts to the military. Authorities issued a decree on [...]
Petrol subsidy to be cut by 50 % next year – Nigeria wants to reduce subsidies on petroleum products by 50 % next year following sudden falls in global crude costs sparked the government to modify its 2015 budget downwards, data [...]
Friendship of Tanzania-China must be treasured – A saying goes “A friend in need is a friend indeed”, means, a good friend will be the one who saves a friend trapped in unresolved problems. This year China and Tanzania mark their [...]
Islamist Gunmen Kill 15 in Nigeria by Slitting Throats – The assault happened early on Friday morning in the village of Musari on the outskirts of Maiduguri. The gunmen, suspected of being members of Boko Haram, shouted religious slogans and [...]
DA Demands Parliamentary Inquiry Into SAA CEO’s Appointment – Nico Bezuidenhout, the acting SAA CEO, must immediately be suspended pending the result of an inquiry into his SAA appointment. Reports today confirm that Mr Bezuidenhout has mislead SAA and does not [...]
IGP Cautions Youths Against Cultism – Mr Suleiman Abba, the Inspector-General of Police, on Sunday in Abuja was concerned about the current reports coming from several states about the participation of youths in cult activities as well as thuggery. A [...]
FG distributes nine million palm seedlings – In bid to bring back the production of palm oil in the country, the Federal Government has allocated 9 million sprouted nuts of very high quality palm oil seedlings to growers throughout the states. [...]
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