Category: News

Buhari mourns Olorogun Michael Ibru
September 8, 2016 No Responses

Buhari mourns Olorogun Michael Ibru

President Muhammadu Buhari has consoled the family of Olorogun Michael Ibru, who died on Tuesday in the United States of America (USA) at 85.  The President also commiserated with the Government and people of Delta State and the Urhobos in...
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‘Nigeria begins visa on arrival for foreign investors soon’
September 7, 2016 No Responses

‘Nigeria begins visa on arrival for foreign investors soon’

As part of measures to encourage foreign investors, the Federal Government is to commenece issuance of Visa at point of entry into Nigeria.   According to the Vice President, Prof Yemi Osinbajo, the development is expected to curtail perceived bureaucratic b...
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IBM Appoints Dipo Faulkner as Country General Manager for Nigeria
September 7, 2016 No Responses

IBM Appoints Dipo Faulkner as Country General Manager for Nigeria

IBM has announced the appointment of Ernest Oladipo Faulkner as Country General Manager, IBM Nigeria. He succeeds Taiwo Otiti who served as Country General Manager, West Africa, since 2010. Dipo will be responsible for IBM’s overall business in Nigeria w...
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Shareholders seek adequate awareness on proposed amendments to CAMA
September 7, 2016 No Responses

Shareholders seek adequate awareness on proposed amendments to CAMA

Members of the Proactive Shareholders Association of Nigeria have urged relevant Government agencies to prevail on the Corporate Affairs Commission (CAC) to extend till end of the year proposed amendment of the Companies and Allied Matters Act (CAMA).  Accord...
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Nigerians mourn Olorogun Michael Ibru
September 7, 2016 No Responses

Nigerians mourn Olorogun Michael Ibru

Tributes have continued to pour in for Olorogun Michael Ibru, the patriarch of the Ibru family and chairman of the Ibru organization, who died in the United States of America at the age of 86 years.   An economist, Dr...
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NSE unveils 2016 essay competition
September 7, 2016 No Responses

NSE unveils 2016 essay competition

The Nigerian Stock Exchange (NSE) has announced the commencement of its 2016 edition of essay competition for students in Senior Secondary Schools in all states of the federation.  The topic for this year’s edition is “What is the biggest obstacle...
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Customs FOU impounds N250 M contrabands in two months
September 7, 2016 No Responses

Customs FOU impounds N250 M contrabands in two months

The Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone ‘A’ Ikeja  Lagos within the period of July-August 2016 intensified its  anti-smuggling operations by intercepting various contrabands with a  duty paid value (DPV) of 186,911,500.00 ...
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LCCI holds 2016 members day exhibition
September 6, 2016 No Responses

LCCI holds 2016 members day exhibition

The Lagos Chamber of Commerce and Industry (LCCI) has concluded plans to  hold its 2016 Members’ Day exhibition and networking event with the theme “Increasing the Visibility of Members”.   The event is an opportunity for all members of the...
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Tincan Island Port generates N26.2 Billion in August
September 5, 2016 No Responses

Tincan Island Port generates N26.2 Billion in August

For the Month of August 2016, the Nigeria Customs Service (NCS), Tincan Island Command generated N26.2 Billion revenue.   According to the command, the figure represents a positive signal “going by the indices of the previous month”.   It will...
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FG faults US Congressman’s report on Nigeria
September 5, 2016 No Responses

FG faults US Congressman’s report on Nigeria

The Federal Government has described as ‘sadly out of tune with reality’ the published letter from US Congressman Tom Marino to Secretary of State John Kerry, asking the US to withhold security assistance to Nigeria on the strength of ‘some...
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Catholic Church declares Mother Teresa a Saith
September 5, 2016 No Responses

Catholic Church declares Mother Teresa a Saith

Nineteen years after her death,  Mother  Teresa of Calcutta, known as the “saint of the gutters” during her life wason Sunday  declared a saint of the Roman Catholic Church by Pope Francis.  According to Agency reports, Tens of thousands of...
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Apapa Customs generates N35Billion in August
September 3, 2016 No Responses

Apapa Customs generates N35Billion in August

 For the month of August, 2016, the  Apapa Command of Nigeria Customs Service (NCS) generated N34.9 Billion revenue, about N8 Billion higher than the N27 Billion realised in July.   According to the command, the collection is the highest monthly...
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Elumelu seeks stronger business tiers between Africa, France
September 2, 2016 No Responses

Elumelu seeks stronger business tiers between Africa, France

The chairman of Heirs Holdings and United Bank for Africa (UBA), Tony Elumelu has called for stronger business relationship between Africa and France.   Speaking at the  MEDEF Summer University Forum in Paris , Elumelu who is also founder of...
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FG to partner Northern States on revival of Durbar Festival
September 2, 2016 No Responses

FG to partner Northern States on revival of Durbar Festival

The Federal Government is to work with the states in Northern Nigeria to revive the Durbar Festival because of its huge potential to showcase the pristine African culture and also create jobs. The Minister of Information and Culture, Alhaji Lai Mohammed,...
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