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Saturday 22nd February 2020,
Hope for Nigeria
Jonathan

The President commiserates with wife, children and relatives – former Chief of General Staff, Vice Admiral Mike Akhigbe

In a press statement by his special adviser on media and publicity, Reuben Abati, President Goodluck Jonathan described the late Akhigbe as a courageous officer who served his country patriotically during his career in the armed forces. President Jonathan also [...]

October 29, 2013 General
Plotters of Nelson Mandela's murder sentenced

Plotters of Nelson Mandela’s murder sentenced

A South Africa court on Tuesday sentenced members of a white extremist group to jail terms ranging from five to 35 years for high treason, plotting to kill Nelson Mandela and other charges in one of the country’s biggest post-apartheid [...]

October 29, 2013 Africa
CBN Nigeria

Moves to Protect Bank Customers – CBN

The provision of Point of Sale terminals under the second phase of the cash-less policy in Lagos, Abia, Rivers, Anambra, Kano and Ogun states as well as the Federal Capital Territory, may have already gulped over N20bn. With over 200,000 [...]

October 29, 2013 General
Cash-less phase II N20bn spent on PoS terminals

Phase II Cashless Society – N20bn spent on PoS terminals

BY STANLEY OPARA The provision of Point of Sale terminals under the second phase of the cash-less policy in Lagos, Abia, Rivers, Anambra, Kano and Ogun states as well as the Federal Capital Territory, may have already gulped over N20bn. [...]

October 29, 2013 General
Nigeria, Germany Renew Pact on Energy Growth

Nigeria, Germany Renew Pact on Energy Growth

Chineme Okafor Nigeria and Germany have  extended the tenure of the  agreement on the development of energy across various states of the federation under the Nigerian-German Energy Partnership (NGEP) for a further five years.   The decision to extend the [...]

October 29, 2013 General
Minister-of-Power-Prof.-Chinedu-Nebo

PHCN workers threaten nationwide blackout by Friday Nov 1

Workers of the Power Holding Company of Nigeria have threatened to go on strike over the non-payment of severance benefits to about 55 per cent of the workforce. Over 2,000 workers under the aegis of the National Union of Electrical [...]

October 29, 2013 General
Trade Volume - Nigeria-Russia

Trade Volume – Nigeria-Russia hits $250m

The volume of trade between Nigeria and Russia currently stands at $250m, the Russian Ambassador to Nigeria, Mr. Nikolay Udovichenko, has said. He said this on Monday in Abuja at the Nigeria-Russia Business Forum tagged, ‘Nigeria-Russia cooperation: New opportunities.’ “In [...]

October 29, 2013 General
.CBN raises Dollar supply at RDAS

CBN raises Dollar supply at RDAS

By Obinna Chima Apparently concerned by the shortage of the United States dollar in the system, the Central Bank of Nigeria (CBN) yesterday increased its supply of the greenback at the Retail Dutch Auction System (RDAS) to $400 million. This, [...]

October 29, 2013 General
Fierce storm hits Britain cutting power lines, four killed

Fierce storm hits Britain cutting power lines, four killed

In what is supposed to be the fiercest storm to strike Britain in a decade, strong gales with speed of upto 99 miles per hour accompanied with heavy rains brought down trees which killed four people, other than causing power [...]

October 28, 2013 General
Doctor Conrad Murray Released

Doctor Conrad Murray Released

The former doctor convicted of causing Michael Jackson’s death has been released from jail. Jail records confirmed Conrad Murray’s release on Monday and the sheriff’s office said he left a downtown Los Angeles jail at 12.01am (1800 AEDT). The former [...]

October 28, 2013 Law
Import or Export to West Africa

5 Steps to Start Export/Import Business in Western Africa

There are 16 countries that make up West Africa. Namely: Benin, Burkina Faso, Ivory Coast, Cape Verde, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Mauritania, Niger, Nigeria, Senegal, Sierra Leone and Togo and each of these countries are rich in either [...]

October 28, 2013 Business, General
ADMIRAL OKHAI MIKE AKHIGBE

Nigerian Former Vice Military President Is Dead.

Nigeria’s Former Vice President, Admiral Mike Okhai Akhigbe is dead. He died at 68. Akhigbe, a former Military Governor of Lagos and Ondo States has been battling with with cancer. He underwent a medical procedure in Germany early this year, and has [...]

October 28, 2013 General
Chelsea beat Manchester City 2-1 at Stamford Bridge.

Chelsea 2 v Manchester City 1 at Stamford Bridge.

Fernando Torres scored an injury-time winner as Chelsea beat Manchester City 2-1 at Stamford Bridge. A fantastic goal from Sergio Aguero looked to have earned the visitors a point after Andre Schuerrle had given his side a first-half lead.   Schuerrle [...]

October 27, 2013 General
Repentant Boko Haram militants will not be killed-Nigerian Army

Repentant Boko Haram militants will not be killed-Nigerian Army

The army has evolved new strategies to tackle attacks on civilians, a commander said. Islamist Boko Haram fighters who lay their arms and surrender will be not be killed, the Nigerian military has said. The 21 Armoured Brigade of the [...]

October 27, 2013 General
Owners Of Private Wooden Bridges Make Millions Of Naira Daily

Owners Of Private Wooden Bridges Make Millions Of Naira Daily

For over 40 years, such investors have constructed wooden bridges, popularly called pako bridges, across the state, and tolled users. In recent years, the involvement of people in this business has reached an unprecedented level in recent years. In places [...]

October 27, 2013 General
Captured Boko Haram Member Claims Sect has Nothing to do With Islam

Captured Boko Haram Member Claims Sect has Nothing to do With Islam

Malam Bukar Modu, a detained Boko Haram member, said that the sect had nothing to do with Islam, as it was mainly involved in armed banditry, looting and killing of innocent people. Modu, who was captured on Oct. 6 after the sect’s early [...]

October 26, 2013 General
Tanker Explosion Kills Six in Kaduna

Tanker Explosion Kills Six in Kaduna

A tanker explosion killed six people in Kaduna State on Friday night. The Chairman of Igabi Local Government Area in Kaduna State, Abdullahi Kwarau, who confirmed the incident on Saturday, said those killed died from the fire that broke out [...]

October 26, 2013 General
Two planes collide at Lagos Airport

Two planes collide at Lagos Airport

Tragedy was averted Friday at the Murtala Muhammed International Airport, Lagos, when two aircrafts -Turkish and Max Air plane collided. Report says the wings of the Turkish plane collided with that of Max Air plane, which had brought in Pilgrims [...]

October 26, 2013 General
strike doctors

‘Resident Doctors Call Off Strike’

On Friday the nationwide strike by the National Association of Resident Doctors was suspended in the public interest, the association’s President, Dr Jibril Abdullahi has said. Abdullahi said this in an interview with Journalists in Abuja on Friday. The association [...]

October 25, 2013 General
jonathan_israel

Nigeria And Israel Sign Aviation Deal

Nigeria and Israel signed a bilateral aviation deal, the Bilateral Air Service Agreement (BASA), that enables airlines from both countries to fly directly to each other without stopovers. Before this agreement was signed, Nigerians, including Christian Pilgrims, traveling to Israel had endure several [...]

October 25, 2013 General

U-17 World Cup: Nigeria 5 – 0 Iraq – Well done

Nigeria Golden Eaglets emerged victorious on Friday as they thrashed their Iraqi counterparts with 5 goals to nil in the final group F match played at the Rasheed Dubai Stadium, Dubai. This sees them being qualified for the next round [...]

October 25, 2013 General
Army kills 74 Boko Haram fighters in Borno.

Army kills 74 Boko Haram fighters in Borno.

Nigeria’s army said Friday it had killed 74 suspected Boko Haram fighters in a raid in northeastern Borno state, as gunmen from the Islamist group battled security forces in a neighbouring area. The army, which is battling to crush a [...]

October 25, 2013 Uncategorized
Tax Payers' Association of Nigeria (TAPAN)

Harmonise Taxes and Levies Across the Country – TAPAN

Obinna Chima The Tax Payers’ Association of Nigeria (TAPAN) has called on the federal government to urgently harmonise taxes and levies across the country so as to stimulate economic growth. TAPAN, which commended the Coordinating Minister for the Economy and [...]

October 25, 2013 Business
NIPP plant sale target N512bn - FG

NIPP plant sale target N512bn – FG

BY EVEREST AMAEFULE The Federal Government has said it expects to garner $3.2bn (N512bn) from the sale of the 10 power plants constructed under the National Integrated Power Project. The Minister of Finance, Dr. Ngozi Okonjo-Iweala, said this in a [...]

October 25, 2013 Finance
ecobank

Ecobank Transnational opens first branch in Ethiopia

Pan-African banking group Ecobank Transnational has opened its first branch in Ethiopia, establishing a foothold in the fast-growing East African economy and extending its African network to 35 countries. Economic growth in Africa’s second most populous country is running at [...]

October 25, 2013 Finance
nigerian capital markets

Investments tribunal seeks funding from capital market transaction fees

The Investments and Securities Tribunal (IST) is seeking increased funding for its operations, particularly from the transaction fees accruing to the Nigerian capital market. Ngozi Chianakwalam, chairman, IST, while speaking at the opening session of the Capital Market Stakeholders Forum [...]

October 25, 2013 Finance
African Development Bank-Community Based Agriculture and Rural Development Project

African Development Bank-Community Based Agriculture and Rural Development Project – Seeking Renewal

Segun Awofadeji   The Federal Ministry of Agriculture has said it will seek for the renewal of the second phase of the African Development Bank-Community Based Agriculture and Rural Development Project (AfDB-CBARDP) on food security in the North-eastern part of [...]

October 25, 2013 General
Concessioning The Nigerian Railway Corporation

The Nigerian Railway Corporation – Meeting the Demand

By: Rowland Ataguba As the federal government  contemplates how best to attract private sector investment and best management practices to the Nigerian Railway Corporation (NRC) for  long term sustainability, it is imperative that issues that may influence its success need [...]

October 25, 2013 Transportation
EFCC-operatives-at-work

Skye Bank Staff Arraigned By EFCC For Alleged Money Laundering

The Economic and Financial Crimes Commission, EFCC, has arraigned a staff of Skye Bank, Mrs Yagana Ibrahim Bukar before a Federal High Court sitting in Kano for alleged money laundering.    Mrs Yagana was accused of depositing a large sum [...]

October 24, 2013 Crime
Nigerian Union of Teachers

Benue: Primary School Teachers Begin Strike Over Minimum Wage

Another indefinite strike started on Thursday in the country. Now it is about primary school teachers in Benue, who demand payment of the national minimum wage. The Chairman of the Nigeria Union of Teachers (NUT) in the state, Mr. Godwin Anya, [...]

October 24, 2013 General