News Archives — Page 580 of 602

October 24, 2016 No Responses

CBN canvasses support for 2000-hectare Coscharis rice farm

As part of measures to sustain ongoing diversification into agriculture, the Central Bank of Nigeria (CBN) is to fund the rice milling plant for the 2000-hectare Coscharis Farm located at Anaku, in Anambra State. CBN Governor, Godwin Emefiele, who made...

October 24, 2016 No Responses

NLC faults alleged violence against workers in Ogun

The Nigeria Labour Congress (NLC) has accused the Ogun State Government of instigating alleged violence against workers in the State. In a statement issued at the weekend, NLC condemned the non-payment of salaries in Ogun, adding that the State...

October 24, 2016 No Responses

NJC bars judges from accepting gifts

The National Judicial Council (NJC) has barred Judges and other Judicial officers from accepting gifts. NJC has also outlined new measures to curb corruption and other unethical conduct among judicial officers and other court staff. The measures form part.....

October 23, 2016 No Responses

Minister hails rich cultural history of Benin Kingdom

The Minister of Information and Culture, Alhaji Lai Mohammed, has hailed the very rich cultural history and tradition of the ancientBenin Kingdom, one of the famous destinations during the exploitation of the African continent by the Europeans. Speaking at ...

October 23, 2016 No Responses

AT&T explains $86B deal with Time Warner

(BBC) The US telecoms giant AT&T has announced that it will buy entertainment group Time Warner for nearly $86bn (£70bn). The deal was agreed at a meeting of the two boards on Saturday but will still need to be approved...

October 21, 2016 No Responses

AfDB approves $40m loan for Afe Babalola University

The Board of Directors of the African Development Bank (AfDB) Group has approved an eight-year $40-million corporate loan to the Afe Babalola University (ABUAD) in Ado Ekiti (Nigeria), to finance part of the university’s expansion plan. According to the.....

October 21, 2016 No Responses

Dangote canvasses tax relief for SMEs

Foremost Businessman and President/ Chief Executive of Dangote Group, Aliko Dangote, on Thursday urged government at all levels to reduce the multiple taxes placed on small and medium businesses (SMEs). Dangote said in a statement in Lagos explained that...

October 20, 2016 No Responses

FERMA comes under scrutiny

The Federal House of Representatives has resolved to probe how the Federal Roads Maintenance Agency (FERMA) utilised its budgetary allocation from September, 2015 till date. The resolution was based on the adoption of a motion by Representative Kamale Adam...

October 20, 2016 No Responses

Customs arraigns two smugglers

The Nigeria Customs Service, Federal Operations Unit, (Zone A) on Tuesday arraigned two alleged smugglers before Magistrate Y.A. Aje-Afunwa of the Magistrate Court, Ikeja, Lagos State on nine (9) counts charge of smuggling prohibited items. According to ...

October 20, 2016 No Responses

FG approves transaction adviser on rail concessioning

The Federal Executive Council (FEC) on Wednesday approved the appointment of transaction advisers to negotiate with General Electric (GE) on railline concessioning. Speaking at the end of the meeting presided over by President Muhammadu Buhari, Minister ...

October 20, 2016 No Responses

FG approves N30 billion for mining

The Federal Executive Council (FEC) on Wednesday approved N30 billion intervention fund for mining exploration in the country. Addressing Journalists after the meeting presided over by President Muhamadu Buhari, the Minister of Mining and Steel Development,...