Federal Archives — Page 127 of 133

August 13, 2016 No Responses

Minister explains payment of Hotel’s bill for Team Nigeria

The Ministry of Youth and Sports has denied reports which suggest that Team Nigeria’s Captain John Mikel Obi paid hotel bills for the eight unaccredited players and officials in Rio with the National U-23 team. A statement issued by...

August 12, 2016 No Responses

Road contractors get N70Billion

By Moses Ebosele – AS part of measures to stimulate the Economy, the Federal Government has paid road contractors who had not been paid in over two years N70 Billion. Speaking on Thursday in Lagos the Vice President,...

August 11, 2016 No Responses

FRSC begins enforcement of speed limiters October 1

By Moses Ebosele – After several months of campaign and public enlightenment, the Federal Road Safety Corps (FRSC) is to commence enforcement of the speed limiters on commercial vehicles October 1, 2016 nationwide. Speaking with stakeholders ...

August 11, 2016 No Responses

SEC to stop dividend warrant in 2017

By Moses Ebosele – AS part of measures to encourage investors in the Nigerian capital market to embrace e-dividend, the Securities and Exchange Commission (SEC) has concluded plans to abolish dividend warrant in June 2017. Briefing Journalists i...

August 11, 2016 No Responses

Strategic role of women in maritime sector, by NIMASA DG

By Moses Ebosele – Women have critical role to play in the development and growth of the maritime sector, the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside, has said Dr. Peterside who...

August 11, 2016 No Responses

Columbia defeats Nigeria

Colombia last night defeated Nigeria Dream Team 2 – 0 in Men’s First Round Group B match of Rio 2016 Olympic Games at the Corinthians Arena, in Sao Paulo, Brazil. At the end of the match, Colombia secured their...

August 10, 2016 No Responses

400 contractors bid for Railway’s canteens, carpark, others

No fewer than 400 contractors are competing to participate in the Nigeria Railway Corporation (NRC) capital projects for 2016. According to the Corporation, the bidders are bidding for alternative revenue streams “like canteens, clubs and car parks, commu...

August 10, 2016 No Responses

Declare state of emergency on economy, NUPENG tells Buhari

By Moses Ebosele – The Nigerian Union of Petroleum and Natural Gas workers (NUPENG) on Tuesday expressed worry over what it described as “parlous state” of the Nigerian economy. The union in a statement issued by its President, Dr Igwe...

August 10, 2016 No Responses

How to revive Nigeria’s economy, by NECA

By Moses Ebosele – Effort by the Federal Government to revamp the economy and stimulate growth in the face of the global economic downturn has been commended by the Nigeria Employers’ Consultative Association (NECA). The Association in a state...

August 10, 2016 No Responses

‘Don’t sell more than $30,000 per week to BDC’

The Central Bank of Nigeria (CBN) on Tuesday directed Bureau De Change (BDCs) operators not to sell foreign exchange above two per cent margin of the buying rate. This is contained in a statement in Lagos signed by W.D Gotring,...

August 10, 2016 No Responses

NAHCO facilitates lifting of thousands to Hajj

By Moses Ebosele – The Nigerian Aviation Handling Company Plc (NAHCO) is facilitating the ongoing airlift of thousands of pilgrims to Saudi Arabia. The company has also pledged to protect the interet of all stakeholders especially investors as...

August 9, 2016 No Responses

Shareholders, NUATE seek support for NAHCO’S Board, Management

By Moses Ebosele – Citing sustained growth and development, shareholders of Nigerian Aviation Handling Company Plc (NAHCO)have urged all stakeholders to support the board and management of the company. According to the shareholders, the company in ...

August 9, 2016 No Responses

Nigeria to raise $1B Eurobond

The Federal Government has concluded plan to raise $1 Billion from International Capital Market in 2016. According to the Debt Management Office, the $1billion sale is the first tranche of a $4.5 billion Nigeria Global Medium-Term Notes Issuance Programme.....

August 9, 2016 No Responses

Customs generates N130.7B at Tin Can Island in seven months

By Moses Ebosele – The Tincan Island command of Nigeria Customs Service (NCS) generated N130. 7 Billion within a period of seven months. Controller of the command, Comptroller Y. U. Bashar, who made the disclosure during an interactive...