Category: News

Turkey wants 17 “Turkish” schools closed in Nigeria
July 29, 2016 No Responses

Turkey wants 17 “Turkish” schools closed in Nigeria

 (NAN)-The Turkish Ambassador to Nigeria, Hakan Cakil, has called on the Nigerian Government to close 17 Turkish schools in Nigeria for their alleged links with a movement his government says was involved in the July 15 failed coup attempt in...
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Flour Mills posts N4.3b loss
July 26, 2016 No Responses

Flour Mills posts N4.3b loss

For its fourth quarter (Q4), Flour Mills Nigeria Plc has posted  profit before tax of N4.3billion.  In a report to the Nigeria Stock Exchange (NSE), the company said: “the pre-tax loss was mainly driven by a combination of factors including a...
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Trailing Abdullahi’s foot note at NPA
July 25, 2016 No Responses

Trailing Abdullahi’s foot note at NPA

By Moses Ebosele –    Blocking revenue leakages and clamour for efficiency through deployment of information technology were some of the notable achievements of the immediate past Managing Director of Nigerian Ports Authority (NPA), Habib Abdullahi.  ...
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Ministry to partner British Council, Elumelu Foundation on capacity building for culture, tourism managers
July 25, 2016 No Responses

Ministry to partner British Council, Elumelu Foundation on capacity building for culture, tourism managers

By Moses Ebosele –  The Minister of Information and Culture, Alhaji Lai Mohammed  has reiterated resolve to partner the  British Council and Tony Elumelu Foundation  as part of measures to enhance capacity building initiative of culture and tourism m...
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Minister seeks BBC, FRCN partnership
July 24, 2016 No Responses

Minister seeks BBC, FRCN partnership

By Moses Ebosele –  The Minister of Information and Culture, Alhaji Lai Mohammed, has stressed the need for a robust partnership between the British Broadcasting Corporation (BBC) and the Federal Radio Corporation of Nigeria (FRCN).    According to th...
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Munich shooting: ‘Attacker researched rampage killings’
July 24, 2016 No Responses

Munich shooting: ‘Attacker researched rampage killings’

(CNN)—The teen gunman who killed nine people in a shooting rampage in Munich on Friday was a mentally troubled individual who had extensively researched spree killings and had no apparent links to ISIS, police said. Speaking at a press conference...
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FG begins negotiation with militants
July 22, 2016 No Responses

FG begins negotiation with militants

The Federal Government has commenced negotiation with militants through  oil companies and law-enforcement agencies.   President Muhammadu Buhari who spoke at farewell audience with the outgoing Ambassador of Germany, Mr Michael Zinner on Thursday said the m...
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NSE partners Dangote Cement on price information scheme
July 21, 2016 No Responses

NSE partners Dangote Cement on price information scheme

By Moses Ebosele –    The Nigerian Stock Exchange (NSE) has entered into a contract to provide Dangote Cement Plc its Issuers Share Price Information service.  The Issuers Share Price Information is an offering that enables companies listed on the...
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Turkey declares three months state of emergency
July 21, 2016 No Responses

Turkey declares three months state of emergency

Turkey will impose a three-month state of emergency as the government pursues those responsible for a failed military coup, President Recep Tayyip Erdogan has  said. Agency report quoted Erdogan as saying the  country won’t be under military rule, with arm...
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Minister insist on ports’ audit
July 20, 2016 No Responses

Minister insist on ports’ audit

By Moses Ebosele –  The Minister of Transportation, Rotimi Amaechi has reiterated Federal Government resolve to audit operations and activities at the nation’s Seaports.     Speaking in Abuja after a meeting with the management of Nigeria Shippers ...
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Expert cautions against mass retrenchment
July 20, 2016 No Responses

Expert cautions against mass retrenchment

By Moses Ebosele –    AN economist, Matthew R. Otoide has challenged the Federal Government to ‘do everything within its power’ to stop ongoing retrenchment across the country.  In a chat with City BusinessNews, Otoide explained that the developme...
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UBA partners Mastercard on payments infrastructure
July 20, 2016 No Responses

UBA partners Mastercard on payments infrastructure

TO further consolidate on its activities, United Bank for Africa (UBA) has partnered Master Card on payment infrastructure across the Africa continent.   The partnership  which cuts across the 19 African countries in which UBA currently operates include Nige...
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Anxiety as inflation hits 16.5 per cent
July 19, 2016 No Responses

Anxiety as inflation hits 16.5 per cent

By Moses Ebosele –    Economic challenges confronting Nigeria assumes more disturbing dimensions as the Consumer Price Index (CPI) increased to its highest point of 16.5 per cent since 2005. The report released by the National Bureau of Statistics (NBS...
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ENL Consortium disowns Protesters
July 19, 2016 No Responses

ENL Consortium disowns Protesters

By Moses Ebosele –   ENL Consortium, operator of Terminals C and D of the Lagos Port Complex, Apapa  has disowned dockworkers who staged a protest at the Nigerian Ports Authority (NPA) Headquarters in Marina, Lagos on Monday, July 18, 2016....
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