Federal Archives — Page 139 of 148

August 31, 2016 No Responses

Nigeria, Britain seal MoU on stolen funds

A Memorandum of Understanding (MoU) on modalities for the repatriation of Nigeria’s stolen assets has been signed by Nigeria and British Government The Attorney-General of the Federation, Abubakar Malami, who signed onbehalf of Nigeria explained that the MoU is...

August 31, 2016 No Responses

FG to award Lagos-Ibadan railway contract

The Federal Government has concluded plans to award the contract for the construction of Lagos-Ibadan railway contract. According to the Minister of Transport, Rotimi Amaechi, plans are also underway to sign the contracts for Kano-Kaduna and Calabar-Port Har...

August 30, 2016 No Responses

NSE tasks dealing clerks on professionalism, integrity

The Nigerian Stock Exchange (NSE) has challenged recently qualified dealing clerks to maintain internal values of Professionalism, Integrity, Transparency and Reliability. Speaking at the induction ceremony on Monday, the Chief Executive Officer of NSE, Mr ...

August 30, 2016 No Responses

Pay Siasia his emoluments, Dalung tells NFF

The Minister of Youth and Sports, Solomon Dalung, has directed the Nigeria Football Federation (NFF) to pay the U-23 national team’s Coach, Samson Siasia, all his emoluments. Speaking during the visit of Siasia and his wife, Eunice, to Dalung...

August 27, 2016 No Responses

Buhari approves governing boards for NPA, NIMASA

President Muhammadu Buhari has approved the composition of the Governing Boards of the Nigerian Ports Authority (NPA) and the Nigerian Maritime Administration and Safety Agency (NIMASA). A statement issued by the Director (Press) in the office of the Secretary...

August 27, 2016 No Responses

Super Falcons maintains position as Africa’s best in FIFA ranking

Nigeria’s female foot ball team, Super Falcons retain position as the best within the Africa continent in the new FIFA ranking released on its website on Friday. However, the seven-time Africa Women’s Cup of Nations Winners remained at number...

August 26, 2016 No Responses

Skye Bank, Fidelity, FBN, others sustain sliding profile

For the second day, investors on the floor of the Nigerian Stock Exchange (NSE) have continued to dump the shares of Banks suspended from participating in Foreign Exchange (Forex) transactions by the Central Bank of Nigeria (CBN). The restriction...

August 26, 2016 No Responses

UBA proposes 20 kobo interim dividend for half year

United Bank for Africa Plc (UBA) has announced its audited 2016 Half Year Financial Results for the period ended 30 June 2016, showing the bank recorded gross earnings of N166 billion, net operating income of N109 billion and profit before...

August 26, 2016 No Responses

‘Heritage Bank did not conceal NPA’s N11.2Billion’

An investor of Heritage Bank has absolved the Bank of any involvement in the alleged concealment of N11.2 Billion belonging to the Nigerian Ports Authority (NPA). The source who preferred to remain anonymous on Thursday described the allegation as false,...

August 26, 2016 No Responses

Ministry signs MoU with British Council on dormant festivals, traditional games

The Minister of Information and Culture, Alhaji Lai Mohammed, has signed a Memorandum of Undrstanding (MoU) with the Chief Executive of the British Council, Sir Ciaran Devane, with a request for partnership to help train festival managers, revive the country...

August 25, 2016 No Responses

FG approves 2017-2019 Fiscal Strategy Framework

The Federal Executive Council (FEC) on Wednesday approved a three-year Fiscal Strategy Framework from 2017 to 2019. Identified as the Medium Term Expenditure Framework (MTEF), the process starts the process for the preparation of the 2017 budget. The Ministe...

August 25, 2016 No Responses

FG pledges support for Artists

The Minister of Information and Culture, Alhaji Lai Mohammed, has reassured the Artists’ Village community at the National Theatre, Lagos, that the government has not abandoned them. The Minister, who stated this in Lagos at a meeting with the representative...

August 24, 2016 No Responses

CBN suspends First Bank, Diamond, others from forex transactions

Citing non-remittance of all outstanding Nigerian National Petroleum Corporation (NNPC) funds in their vaults into the Treasury Single Account (TSA), the Central Bank of Nigeria (CBN) has suspended nine banks from further dealing in foreign exchange transact...

August 24, 2016 No Responses

Workers fault proposed airport concession

The National Union of Air Transport Employees (NUATE) and Air Transport Services Senior Staff Association (ATSSSAN) on Tuesday in Lagos and Abuja, staged a protest against the proposed concession of four international airport terminals by the Federal Governmen...