Information Archives — Page 464 of 466

August 31, 2016 No Responses

I’m in Nigeria to learn, listen, says Zuckerburg

The founder and Chief Executive Officer of Facebook, Mark Zuckerburg said he is in Nigeria to listen, learn and take ideas back to California on how Facebook can better support tech development and entrepreneurship across Africa. Zuckerburg who arrived...

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 ...

August 31, 2016 No Responses

Developer acquires Tribune Tower

By Robert Channick – Los Angeles-based developer CIM Group has agreed to buy Tribune Tower for up to $240 million, marking the end of media ownership for the historic North Michigan Avenue building and the beginning of a new...

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

Ambode appoints Dabiri MD of LAMATA

The Head of Procurement, Lagos Metropolitan Area Transport Authority (LAMATA), Engr. Abiodun Dabiri, has been named the substantive Managing Director of the Authority by the Lagos State Governor, Mr. Akinwunmi Ambode. His appointment comes about one year aft...

August 30, 2016 No Responses

Peterside condemns assassination of Ken Atsuwete

Dr. Dakuku Peterside has condemned the “barbaric and gruesome assassination” of Barrister Ken Atsuwete in Port Harcourt, the Rivers State capital. The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) who was reacting to t...

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 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

‘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 25, 2016 No Responses

Shareholders of Diamond Bank, FCMB, others lose N8.1B over non-remittance of funds

The Foreign Exchange (FOREX) restriction order placed on Diamond Bank Plc, First City Monument Bank Plc (FCMB) and others by the Central Bank of Nigeria (CBN) reverberated yesterday on the floor of the Nigerian Stock Exchange (NSE). Two of...

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 23, 2016 No Responses

TUC faults proposed 9% hike on telephone calls, SMS, others

The Trade Union Congress of Nigeria (TUC) has condemned Federal Government’s proposed imposition of Communication Service Tax (CST) “as recently mooted by the Minister of Communication, Mr. Adebayo Shittu”. TUC in statement issued by Its President B...

August 22, 2016 No Responses

Niger Delta Avengers declare ceasefire

The militant group, Niger Delta Avengers has declared ceasefire and announced its willingness to dialogue with the Federal Government. “We are going to continue the observation of our announced ceasefire of hostilities in the Niger Delta against the m...