Category: News

‘Samsung Galaxy Note 7 too dangerous to use’
September 10, 2016 No Responses

‘Samsung Galaxy Note 7 too dangerous to use’

The U.S. Consumer Product Safety Commission says owners of the  Galaxy Note 7 smartphones should turn them off and stop using them because of the risk that their batteries can explode. The agency also says it’s working with Samsung on an...
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N500b bond: Lagos to access N60b in 2016
September 9, 2016 No Responses

N500b bond: Lagos to access N60b in 2016

The Lagos State Bond will span over a period of three to five years, the State Governor, Akinwunmi Ambode has said.     According to the Governor, for the current appropriation year, the state can only draw N60 billion from the...
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Frsc deploys 20,000 personnel, 697 vehicles for Sallah patrols
September 9, 2016 No Responses

Frsc deploys 20,000 personnel, 697 vehicles for Sallah patrols

The Federal Road Safety Corps (FRSC) has deployed 20,000 for the sallah celebration scheduled for Monday and Tuesday.    According to the FRSC Corps Marshall, Boboye Oyeyemi, the agency was not comfortable with road clashes and casualties, deposit their red...
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Council of State Confirms IGP, approves Commissioners for INEC, NPC
September 8, 2016 No Responses

Council of State Confirms IGP, approves Commissioners for INEC, NPC

The Council of State and the Police Service Council have confirmed the appointment of Mr Ibrahim Idris as the Inspector General of Police.  Briefing State House Correspondents on the outcome of the meeting, the Governor of Jigawa State, Mr Abubakar...
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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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