Federal Archives — Page 120 of 138

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 Adamu and...

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

IMF declares Nigeria Africa’s biggest economy

Despite ongoing economic challenges, the International Monetary Fund (IMF) has affirmed Nigeria as the biggest economy in Africa ahead of South Africa and Egypt. However, the IMF’s World Economic Outlook for October 2016, puts South Africa’s GDP at 28...

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,...

October 20, 2016 No Responses

MAN Photo News

L – R The Nigerian Stock Exchange (NSE) Executive Director, Market Operations and Technology, Mr. Ade BajomoVice President, Multinational, , Mr. Christos Giannopoulos, Director General, Manufacturer Association of Nigeria (MAN); Mr. Segun Ajayi-Kadir, Chief ...

October 19, 2016 No Responses

Critical role of capital market data delivery in economic development, by NSE boss

Capital Market data delivery play critical role in economic development, the Chief Executive of Nigerian Stock Exchange (NSE), Mr Oscar Onyema has said. In his key note address at NSE market data workshop on Tuesday in Lagos, Onyema said...

October 19, 2016 No Responses

Conduct Census in 2018, Senate tells Buhari

The Senate on Tuesday passed a resolution urging President Muhammadu Buhari to issue a proclamation for the conduct of the National population and Housing census in 2018. The resolution was based on a motion sponsored by Senator Suleiman Othman...

October 18, 2016 No Responses

LCCI holds public-private dialogue on port efficiency, maritime sector roadmap

The Lagos Chamber of Commerce and Industry (LCCI), in collaboration with the Financial Derivatives Company, a renowned economic consultancy firm, is to hold a Public-Private Dialogue on Port Efficiency & Maritime Sector Roadmap in Nigeria. According to ...

October 18, 2016 No Responses

Fidelity Bank empowers 500 unemployed youths in Kebbi State

Fidelity Bank Plc in strategic partnership with Gazelle Academy and Waziri Umaru Federal Polytechnic, Birnin Kebbi has empowered 500 Nigerians with entrepreneurial skills. The programme, which is part of the Bank’s Corporate Social Responsibility (CSR) ini...

October 17, 2016 No Responses

Chibok Girls: FG appeals against ‘dangerous comments’

The Minister of Information and Culture, Alhaji Lai Mohammed, has appealed to commentators and analysts to refrain from making statements that can jeopardize the release of the Chibok girls who are still in captivity. The Minister made the appeal on Sunda...

October 17, 2016 No Responses

Customs dismisses 17 officers for drug addiction, certificate forgery

Seventeen (17) Junior Officers of the Nigeria Customs Service have been dismissed from the Service for offences ranging from drug addiction, certificate forgery, theft and absence from duty from January to September 2016. A statement issued by the Pub...

October 17, 2016 No Responses

African leaders sign charter on maritime security

(Channels) African leaders have adopted and signed a draft Charter on Maritime Safety, Security and Development. African leaders have adopted and signed a draft Charter on Maritime Safety, Security and Development. The agreement is aimed at establishing ...

October 17, 2016 No Responses

Group tasks FG on proposed N25b car loans

Reported plan by the Federal Government to float a car purchase loan scheme to help Nigerians acquire new made-in-Nigeria cars has been described as a ‘refreshing one’. Though details of the operations remain skectchy as at press time, a...