Category: News

FG names Sumaila sole administrator for Ajaokuta Steel Complex
October 11, 2017 No Responses

FG names Sumaila sole administrator for Ajaokuta Steel Complex

The Minister of Mines and Steel Development, Dr Kayode Fayemi, has announced the appointment of Engr. Abdul-Akaba  Sumaila, as the Acting Sole Administrator of the Ajaokuta Steel Complex.   Sumaila replaces Mr Joseph Isah, who retired from the civil service...
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NPA boss implores PMAWCA on capacity development
October 11, 2017 No Responses

NPA boss implores PMAWCA on capacity development

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has implored women professionals in the Maritime sub-sector to invest more in capacity development.   Hadiza Bala Usman gave this charge in a key note address at the opening...
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ILO: Sluggish SME development hurts jobs, economy
October 11, 2017 No Responses

ILO: Sluggish SME development hurts jobs, economy

Investing in workers and innovation, and boosting trade and social dialogue are key to stemming rising global unemployment, the latest edition of the ILO’s flagship report shows.   With more than 201 million workers unemployed in 2017 – an increase...
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Oke wins NLNG ‘s $100, 000 Prize
October 10, 2017 No Responses

Oke wins NLNG ‘s $100, 000 Prize

Ikeogu Oke has emerged winner of the 2017 edition of Nigeria Prize for Literature, promoted by Nigeria LNG Limited (NLNG). The award goes with a cash prize of $100, 000.    Making the announcement in Lagos, the chairman of Advisory...
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FBNHoldings appoints Oluseye Kosoko Company Secretary
October 10, 2017 No Responses

FBNHoldings appoints Oluseye Kosoko Company Secretary

FBN Holdings Plc has announced the appointment of Oluseye Kosoko as Company Secretary subject to regulatory approval.   In the same vein, Tijjani Borodo, the outgoing Company Secretary will still be around for the next few months to navigate a...
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Group Protests in Abuja, asks Edo CP to comply with redeployment
October 10, 2017 No Responses

Group Protests in Abuja, asks Edo CP to comply with redeployment

Indigenes of Edo State under an umbrella group called Concerned Citizens of Edo State have demanded that the State’s Commissioner of Police, Mr Haliru Gwandu should immediately comply with his redeployment by the Police Service Commission (PSC).    The gro...
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Buhari mourns Gen. Malu
October 10, 2017 No Responses

Buhari mourns Gen. Malu

President Muhammadu Buhari extends heartfelt condolences to the Malu family as well as the government and people of Benue State on the death of Lt. General Victor Malu (retired), a former Chief of Army Staff (COAS). President Buhari also commiserates...
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NADDC Boss seeks involvement of more banks in auto financing
October 9, 2017 No Responses

NADDC Boss seeks involvement of more banks in auto financing

By Moses Ebosele, ebosele@hotmail.com –    The National Automotive Design and Development Council (NADDC), is to strengthen some components of the National Automotive Industry Development Plan (NAIDP).   Under the arrangement, a fund is to be establ...
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Shareholders task SEC on Oando crisis
October 9, 2017 No Responses

Shareholders task SEC on Oando crisis

Based on the directive given to the Securities and Exchange Commission (SEC) by the House Committee on Capital Market and Institutions to investigate allegations of financial impropriety and mismanagement of Oando Plc, shareholders of the company have cautione...
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UBA kicks off 4th annual essay competition
October 8, 2017 No Responses

UBA kicks off 4th annual essay competition

UBA Foundation, the corporate social responsibility arm of the United Bank for Africa Plc, is calling on all Senior High School students in Ghana to participate in the 2017 edition of the National Essay Competition (NEC).   Launched in 2014...
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Four Journalists emerge winners of PwC media excellence awards, gets N2million
October 7, 2017 No Responses

Four Journalists emerge winners of PwC media excellence awards, gets N2million

By citybusinessnews@yahoo.com –     Out of 123 entries, four Nigerian Journalists have emerged winners of the 2017 PwC’s media excellence awards.   The award ceremony was held on Friday evening in Lagos and had in attendance print, electronic and...
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Tony Elumelu Foundation to host 1,300 entrepreneurs, business leaders from 54 countries
October 6, 2017 No Responses

Tony Elumelu Foundation to host 1,300 entrepreneurs, business leaders from 54 countries

The Tony Elumelu Foundation (TEF), Africa’s largest philanthropy focused on supporting entrepreneurship, has announced that the 3rd annual TEF Entrepreneurship Forum will take place on October 13-14 in Lagos.   This is the first year the invitation-only For...
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FG releases N100b to Arab Contractors, CCECC, Dantata and Sawoe, others
October 6, 2017 No Responses

FG releases N100b to Arab Contractors, CCECC, Dantata and Sawoe, others

The proceeds of the N100 billion Sukuk bond has been released by the Federal Government to fund 25 key economic road projects of the Federal Ministry of Power, Works and Housing.  Minister of Finance, Mrs. Kemi Adeosun, on Thursday in Abuja, handed...
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‘Deep Seaports to gulp $16b’
October 6, 2017 No Responses

‘Deep Seaports to gulp $16b’

The construction of deep seaports in Warri, Delta State and Bonny in Rivers State, will gulp not less than $16b, the Minister of Transportation Rotimi Amaechi, has said.  Speaking on Thursday, the minister also disclosed that more coaches and locomotives...
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