Buhari approves governing boards for NPA, NIMASA

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 to...
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Skye Bank, Fidelity, FBN, others sustain sliding profile

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

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

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...
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FG approves 2017-2019 Fiscal Strategy Framework

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...
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FG pledges support for Artists

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

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...
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Niger Delta Avengers declare ceasefire

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...
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Police recruitment test begins today

Police recruitment test begins today

Barring any last minute test, the Police Service Commission  will conduct aptitude test for shortlisted applicants for recruitment into the Nigeria Police Force on August 22 across the country.  According to a statement issued by the Head, Press and Public.....
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How to tackle unemployment through Culture, tourism, by Minister

How to tackle unemployment through Culture, tourism, by Minister

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Customs impounds 14,000 bags of rice at Tin-Can Island Command

Customs impounds 14,000 bags of rice at Tin-Can Island Command

The Nigeria Customs Service (NCS), Tin-Can Island Command has intercepted 31 containers of 14,000 bags of rice.  Briefing Journalsits on Friday, the Comptroller General of Customs, Col Hameed Ali (rtd), represented by  Deputy Comptroller Generals Dan Ugo and...
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Kano registers 1,042 for mass wedding

Kano registers 1,042 for mass wedding

 (NAN)The Kano State Hisbah Board said on Thursday that it had registered 1, 042 prospective couples in 18 local government areas of the state for the state government’s mass wedding programme. The Director-General of the board, Abba Sufi, told the...
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First Bank denies alleged concealment of NPA’s N11.2Billion

First Bank denies alleged concealment of NPA’s N11.2Billion

By Moses Ebosele –   First Bank Nigeria has denied any involvement in the alleged concealment of N11.2 Billion belonging to the Nigerian Ports Authority (NPA).   In a statement sent to the Nigerian Stock Exchange (NSE) and obtained by City BusinessNe...
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‘Creative industry can generate one million jobs”

‘Creative industry can generate one million jobs”

By Moses Ebosele –  The creative industry in Nigeria is capable of creating one million jobs in the next three years if properly harnessed, Minister of information and Cukture, Alhaji Lai Mohammed has said.  The creative industry encompasses television...
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