Tag: Business

Minister faults report on excessive rice consumption
September 16, 2016 No Responses

Minister faults report on excessive rice consumption

The Minister of Agriculture and Rural development, Chief Audu Ogbeh has dismissed news report quoting him as saying ‘Nigerians eat too much rice, that’s why it is expensive’. A statement issued by his Adviser on New Media, Aishat Ayijimoh Onusi,...
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Motorists, commuters groan on Lagos-Ibadan Expressway
September 16, 2016 No Responses

Motorists, commuters groan on Lagos-Ibadan Expressway

Motorists and commuters playing the Lagos-Ibadan Expressway have continued to groan over the slow-pace of work on the stretch of the road with most of them spending several hours for a journey that was supposed to last for 15minutes,  ...
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Lagos, NPA to tackle Apapa gridlock
September 15, 2016 No Responses

Lagos, NPA to tackle Apapa gridlock

The Nigerian Ports Authority (NPA) in collaboration with the Lagos State Government is to commence decongestion of traffic gridlock along Seaports’ access roads in Apapa in the next few weeks.   Speaking with Journalists after a meeting with Lagos State...
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NCC to sanction Globacom
September 15, 2016 No Responses

NCC to sanction Globacom

(NAN) The Nigerian Communications Commission (NCC) is to sanction Globacom for not adhering to the 10 per cent threshold for interconnect traffic by telecom companies. This is contained in the organisation’s 2016 Q1 Compliance Monitoring and Enforcement Repo...
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First Bank gets ‘most customer friendly award’
September 15, 2016 No Responses

First Bank gets ‘most customer friendly award’

FBN Holdings Plc recently garnered awards at the BusinessDay 2016 Annual Banking Awards.   First Bank of Nigeria Limited and FBN Capital Limited, both subsidiaries of the FBNHoldings Group were recipients of double laurels at the event. First Bank of...
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Resign, PDP tells Buhari
September 15, 2016 No Responses

Resign, PDP tells Buhari

The Peoples Democratic Party (PDP) has called on President Muhammadu Buhari to resign over alleged inability of the present administration to tackle  the nation’s economic challenges. Spokesman for the PDP caretaker committee,    Dayo Adeyeye in a statem...
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Guinness Nigeria targets South African market
September 15, 2016 No Responses

Guinness Nigeria targets South African market

(Bloomberg)  Guinness Nigeria Plc plans to increase exports to improve sales and generate more foreign exchange as the country’s second-largest brewer battles to overcome an economic slump in its home market.   The unit of London-based Diageo Plc will cons...
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Unity Bank sacks 213 workers
September 15, 2016 No Responses

Unity Bank sacks 213 workers

The Management of Unity Bank Plc sacked 213 of its workforce.   A source explained that the exercise form part of the financial institution’s plan to reposition its operations.   Contacted on Wednesday, a highly placed source within the Bank...
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FG raises 10-member team on agric roadmap
September 14, 2016 No Responses

FG raises 10-member team on agric roadmap

 A ten-member committee has been inaugurated by the Federal  Ministry of Agriculture and Rural Development (FMARD) to drive the successful Implementation of Nigeria’s Agric Sector Policy Roadmap, the “Green Alternative”.   According to the ministry, t...
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‘Promote national unity, stop agitation for actualisation of Biafra’
September 14, 2016 No Responses

‘Promote national unity, stop agitation for actualisation of Biafra’

Citing need for national unity, President Muhammadu Buhari has called on Nigerian yourths particularly those from the South-East to stop agitation for the acualisation of Biafra Republic   Addressing some Corp Members in Daura, Katsina State on Tuesday, Buhar...
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Law on DNA before issuance of birth certificate underway
September 14, 2016 No Responses

Law on DNA before issuance of birth certificate underway

From 2017 onwards, all babies born to South African parents will be required to undergo DNA tests to confirm their paternity before they can be allowed to take on their fathers’ surnames, Minister of Home Affairs, Mr Malusi Gigaba has...
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‘No going back on October 1 deadline for speed limiting device’
September 14, 2016 No Responses

‘No going back on October 1 deadline for speed limiting device’

The Federal Road Safety Commission (FRSC) has said the installation of speed limiting device on vehicles is in accordance with the commission’s Establishment Act.  Assistant Corps Marshall Kayode Olagunju, told the News Agency of Nigeria (NAN) in Calabar th...
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Protest Rocks Zimbabwe
September 14, 2016 No Responses

Protest Rocks Zimbabwe

(CNN) Zimbabwe has known only one leader since independence. First as prime minister, then president, there has only been Robert Mugabe at the top for the last 36 years. There have been challenges, opposition and violence, but the 92-year-old leader...
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‘How Venus and Serena Williams failed drug test’
September 14, 2016 No Responses

‘How Venus and Serena Williams failed drug test’

Hacking group, Fancy Bear group has alleged that the  World Anti-Doping Agency allowed United States  tennis players Serena and Venus Williams to take banned substances, while gymnast Simone Biles failed a doping test yet avoided disqualification.   Accord...
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