News Archives — Page 623 of 649

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

NHRC indicts Iwu, Uduaghan, others of violence

A report put together by National Human Right Commission (NHRC) has indicted 118 person of allegedly committing various offences including violence. According to the report, those indcted alledgly committed the offence during the 2007 and 2011 general e...

August 12, 2016 No Responses

Lagos unveils helipad for medical emergencies

By Moses Ebosele – Lagos State Governor, Mr. Akinwunmi Ambode on Thursday commissioned the first state-owned Helipad for medical emergencies in Nigeria at the Lagos State University Teaching Hospital (LASUTH), Ikeja. The Governor also said the...

August 12, 2016 No Responses

Diamond Bank explains online loan application platform

By Moshood Aliyu – Diamond Bank has raised the bar in Nigeria’s financial services sub-sector with the introduction of an online loan application platform that allows customers to request for a loan, monitor and receive automatic feedback on the...

August 12, 2016 No Responses

Zenith Bank posts 15.68 % drop in profit

For the half year ended June 30, 2016, Zenith Bank Plc reported Profit After Tax (PAT) of N44.8 Billion, down by 15.68 per cent when compared with N53.1 Billion recorded within same period in 2015. Details of the result...

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

South Africa overtakes Nigeria

By Adebisi Emmanuel – As Nigerians struggle with the reality of economic recession, South Africa’s economy has regained the position of Africa’s largest in dollar terms more than two years after losing it to Nigeria. Indeed, based on gross.....

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

UK unveils 24-hour visa service in Nigeria

By Adebisi Emmanuel – The United Kingdom has unveiled a Super Priority Visa Service in Nigeria to allow customers to process applications within 24 hours. The British High Commission, in a statement posted on its website, quoted the British High...

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...