By Moses Ebosele – The Federal Government has described the reported appointment of new Boko Haram leader as cheap propaganda. Speaking on Thursday at the All Nigerian Conference of Editors (ANEC) in Port Harcourt, Rivers State, the Minister…
Buhari seeks stronger economic ties with Italy
(NAN)President Muhammadu Buhari has called for stronger trade and economic relations between Nigeria and Italy. A statement issued by the senior special assistant to the president on media and publicity, by Garba Shehu, explained that Buhari made the call when…
FG blacklist firm for allegedly diverting explosives
For allegedly diverting explosives, the Federal Government has blacklisted the Nigerian Development and Construction Company (NDCC), an importer and seller of explosives in Koko, Delta State. The Minister of Solid Minerals Development, Kayode Fayemi, in a statement said the…
Minister congratulates football team for their victory over Japan
By Moses Ebosele – The Honourable Minister of Youth and Sports, Barrister Solomon Dalung has congratulated the National U-23 football team for their outstanding 5-4 victory over Japan in their opening Group B game. Dalung said “The Dream Team VI…
Dangote Cement opts for coal, revenue hits N292.2 billion
By Moses Ebosele – Come September this year (2016), Dangote Cement will commence use of coal as part of measures to tackle challenges associated with shortage of gas supply. Briefing the Nigeria Stock Exchange (NSE) on Wednesday in Lagos,…
FG approves Badagry Seaport
The Federal Ececutive Council (FEC) on Wednesday approved the construction of $2.6 Billion Badagry SeaPort in Lagos State. The private sector project will be constructed over a period of five years. Briefing Journalists after the meeting, Minister of information and…
First Bank reiterates support for customers
By Moses Ebosele – First Bank of Nigeria Limited has reiterated its resolve to strengthen its commitment to provide best financial solutions for customers. The Bank in a statement on Wednesday said it has through the years demonstrated an…
Shareholders laud CBN policy on cheque deposit into savings account
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,…