Nigeria Archives — Page 533 of 636

April 19, 2017 No Responses

FRSC sets aside N300m for DCMs accommodation, N8.3b for allowances in 2017

Barring any last minutes adjustment, the Federal Road Safety Corps (FRSC) will before the end of this year purchase Abuja residential accommodation for Deputy Corps Marshalls (DCMs) at a cost of N300 million. Also within the year, the management of...

April 19, 2017 No Responses

World Economics: Nigeria out of recession

The Nigerian economy is looking up, signalling an end of the recession, the World Economics declared on Tuesday. However, the London based organisation cautioned that “conditions remain difficult for businesses.” According to the body,“April Sales Manage...

April 19, 2017 No Responses

37 ships to fly Saudi Arabia’s flag

National Shipping Company of Saudi Arabia (Bahri) has revealed plans to re-flag 32 of its very large crude tankers (VLCCs) and five of its mid-size carriers under the domestic flag by the end of 2017. The move comes amid a...

April 19, 2017 No Responses

Buhari lauds re-opening Of Abuja Airport

President Muhammadu Buhari has commended the efforts of the Ministries of Transport, Power, Works and Housing, the security agencies, Kaduna State Government, the contractor, Julius Berger, and others, on the successful completion of work on the runway and re-...

April 19, 2017 No Responses

Photo News

L-R: President, Lagos Chamber of Commerce and Industry, LCCI, Dr Mrs Nike Akande, CON with the Head of Market Structure Strategy, Middle East and Africa, Bloomberg, Salloua Chakri during the Courtesy Visit of Salloua Chakri to the LCCI on Tuesday.

April 18, 2017 No Responses

NCAA: Abuja airport ready for operations

The Nnamdi Azikiwe International Airport runway, Abuja, is ready for operation and can be opened on Wednesday, Director-General, Nigerian Civil Aviation Authority, NCAA, Usman Muktar, has said. Speaking with Journalists on Monday during an inspection of the ...

April 18, 2017 No Responses

Amaechi demands apology, N2b from Fani-Kayode, Fayose’s aide

Citing character defamation, Minister of Transportation, Mr. Rotimi Amaechi, has written to a former Minister of Aviation, Chief Femi Fani-Kayode and an aide to Governor Ayodele Fayose of Ekiti State, Mr. Lere Olayinka, over his alleged ownership of $43m (N1...

April 17, 2017 No Responses

FG canvasses support for whistle-blower policy

The Federal Government has hailed its whistle-blower policy, which has led to the recovery of looted funds in many currencies that may otherwise not have been discovered, describing it as an effective tool of fighting corruption in Nigeria. In a statement is...

April 17, 2017 No Responses

CMG eyes stake in Brazilian container port

Chinese state-owned corporation China Merchants Group (CMG) is looking to spread its footprint in Brazil as the company is reportedly in negotiations to buy Advent International Corp’s 50 percent stake in TCP Terminal de Contêineres de Paranaguá SA, loc...

April 17, 2017 No Responses

China’s first quarter growth beats expectations at 6.9%

(BBC) China’s economy grew by 6.9% in the first quarter of 2017, according to official figures. The growth rate, which compares expansion with the same three months in the previous year, was slightly higher than many economists had forecast. State-led...

April 17, 2017 No Responses

Turkey referendum grants President Erdogan sweeping new powers

Turkish President Recep Tayyip Erdogan has narrowly won a referendum to expand presidential powers, which could keep him in office until 2029. With 99.45% of ballots counted, the “Yes” campaign had won 51.37% and “No” 48.63%, and the el...

April 16, 2017 No Responses

‘Imbibe the spirit of love, sacrifice, peaceful co-existence’

Lagos State Governor, Mr. Akinwunmi Ambode has called on Nigerians to collectively imbibe the spirit of love, sacrifice and peaceful co-existence. According to Ambode, it is only when such virtues exist that the nation can make meaningful progress. In his...

April 16, 2017 No Responses

Egypt, Nigeria, 10 others battle for YOG slots

Africa’s table tennis power houses – Egypt and Nigeria as well as 10 others will vie for the four slots available for Africa in the 2018 Youth Olympic Games (YOG) holding in Argentina. The teams – Egypt, Nigeria, Algeria, Tunisia,...

April 15, 2017 No Responses

Volkswagen to build new five-seat SUV

By David Shepardson, Reuters – Volkswagen AG plans to build another new SUV at its plant in Chattanooga, Tenn., as demand surges for larger vehicles, the German company’s top U.S. executive said on Wednesday. VW Group of America CEO Hinrich...