By Moses Ebosele – Shareholder activist and Co-Founder of Nigeria Shareholders Solidarity Association (NSSA), Alhaji Gbadebo Olatokunbo, has commended recent Central Bank of Nigeria (CBN) directive approving payment of cheques into savings account. Olatokunbo in a statement on Wednesday…
Railway workers fault alleged sales of scraps, outsourcing
By Moses Ebosele – Workers of Nigerian Railway Corporation (NRC) have called for the suspension of alleged sales of iron scraps and outsourcing of recreational facilities. Under the aegis of Nigeria Union of Railway Workers (NUR) and Senior Staff Association…
Jonathan visit Buhari, task Nigerians on unity
Former President Goodluck Jonathan has called for the protection and defend of the nation’s unity. Speaking with reporters after paying a courtsy visit to President Muhammadu Buhari, he said: “We are great because of our size, the human resources…
Firefighter dies as Emirates plane with 300 passengers crash-land at Dubai airport
(Sky News)- A firefighter was killed while responding to a plane that crash-landed at Dubai airport and became engulfed in fire, the Emirates airline chairman has said. The passenger jet, carrying 300 people, crash-landed at Dubai International Airport and burst into flames….
Stanbic IBTC Bank expands SME capacity building initiative
Following the enthusiastic participation by operators since the initiative was launched two years ago, Stanbic IBTC Bank, a member of Stanbic IBTC Holdings Plc, has expanded the scope of its capacity building workshop for Small and Medium Scale Enterprises (SMEs)….
‘Beware of unregistered money transfer operators’
By Moses Ebosele – The Central Bank of Nigeria (CBN) on Tuesday cautioned Nigerians within and outside the country to beware of the unwholesome activities of some unlicensed International Money Transfer Operators (IMTOs) in Nigeria. In a statement issued by…
PDP faction unveils national convention committee
Ahmed Makarfi led faction of the Peoples Democratic Party (PDP) has announced members of the party’s national convention committee despite a court ruling declaring the leadership illegal. In a statement issued by Secretary of the faction, Senator Ben Obi,…
Lagos to partner private sector on $1b rail line
To successfully construct $1 Billion urban rail line, the Lagos State Government has announced plan to partner the private sector. Speaking in Lagos during a seminar organized by the Lagos Metropolitan Area Transport Authority in conjunction with the Japan…
‘Dangote refinery will enhance West Africa’
By Moses Ebosele – President of Togo, Faure Gnassingbe and Governor of Lagos State, Akinwunmi Ambode on Tuesday canvassed support for the proposed Dangote Refinery project. Gnassingbe and Ambode who spoke during a tour of Dangote Refinery project in Lekki,…
Benefits of town hall meetings, by Minister
By Moses Ebosele – Town hall meetings being held across the country by the Federal Government will provides an avenue for both the government and the governed to exchange ideas, thus fostering good governance, the Minister of Information and Culture,…
Forte Oil to raise N50 Billion Capital
By Moses Ebosele – The board and management of Forte Oil Plc has concluded plan to raise N50 billion debt capital before the end of this year, December 31, 2016. Presenting its “facts and figures” to Nigeria Stock Exchange (NSE)…
NPA to renovate headquarters with N800 Million in 2016
By Moses Ebosele – Barring any last minute adjustment, the contractor handling the rehabilitation of the headquarters building of Nigerian Ports Authority (NPA) in Lagos will receive N800 Million payment in 2016. According to NPA’s 2016 Budget and…
Change agenda is real, irreversible, says minister
By Moses Ebosele – The change agenda of the present administration is real and irreversible, Minister of Information and Culture, Alhaji Lai Mohammed, has said. Speaking at the South-East edition of the Federal Government’s Town Hall Meeting in Enugu…
NIMASA is committed to full implementation of Cabotage Act, says DG
By Moses Ebosele – The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside has reiterated the Agency’s determination to ensure the Coastal and Inland Shipping Act 2003 also known as the Cabotage Act is…