NIMASA reiterates support for amnesty programme

NIMASA reiterates support for amnesty programme

The Nigerian Maritime Administration and Safety Agency (NIMASA) has reiterated its commitment to Presidential Amnesty Programme as part of measures to ensure proper rehabilitation and reintegration of the ex-agitators in the Niger Delta Region. The Director General of NIMASA, Dr....
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Ministers lauds Academy Press N2b investment in modern equipment

Ministers lauds Academy Press N2b investment in modern equipment

The Minister of Information and Culture, Alhaji Lai Mohammed, has lauded the Lagos-based printers Academy Press Plc for showing great confidence in the country’s economy through the investment of N2billion in acquiring modern equipment within one year. T...
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First Bank explains FirstStars Reality TV Show

First Bank explains FirstStars Reality TV Show

In September 2015, First Bank of Nigeria Limited launched FirstStars,  a premier filmmaking competitive reality TV show where Nigerian youths were given the opportunity to project their creative skills in directing, producing, art directing, script writing an...
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Channels Photo News

Channels Photo News

From left: Chairman and Chief Executive of Channels Television, Mr John Momoh, his wife, Mrs. Olusola Momoh; Chairman, Dangote Group, Alhaji Aliko Dangote and the Minister of Information and Culture, Alhaji Lai Mohammed at the 21st Anniversary of Channels Tele...
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‘Millions of jobs are needed to ensure essential health care’

‘Millions of jobs are needed to ensure essential health care’

An estimated 50 million decent jobs are needed to address essential global health requirements through Universal Health Coverage (UHC), International Labour Organisation (ILO) has revealed. The report explained that it is the only way to ensure human security,...
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FG to construct 400 dams before 2019

FG to construct 400 dams before 2019

The Federal Government is to construct additional 400 dams to boost irrigation across the country before 2019. Speaking in Abuja at the 32nd Annual Meeting of the Food Crisis Prevention Network, President Muhammadu Buhari explained that due to the growing...
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‘Nigeria’s 2017 budget’ll tackle recession’

‘Nigeria’s 2017 budget’ll tackle recession’

President Muhammadu Buhari has assured Nigerians that the 2017 Appropriation Bill would take Nigeria out of the ongoing economic recession. In his Eid-el Maulud message, Buhari explained that with collective dedication and hard work, Nigerians would in 2017 ov...
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Nigeria Energy Sector Fund declares N51 coupon payment

Nigeria Energy Sector Fund declares N51 coupon payment

The Nigeria Energy Sector Fund (NESF), a closed-end investment vehicle quoted on the Nigerian Stock Exchange (NSE) has declared a coupon payment of N51 per note to unitholders for the financial year ended March 31st 2016. The coupon translates to...
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Banks to boost Agric, SME fund with N30billion

Banks to boost Agric, SME fund with N30billion

As part of measures to support the newly created Agriculture/Small and Medium Enterprises (SME) fund, the Bankers Committee at the weekend pledged to  contribute  N30 billion from their Profit After Tax (PAT).   Speaking at the end of the 8th...
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10 GM models to get 9-speed automatic in 2017

10 GM models to get 9-speed automatic in 2017

(Auto News) Chevrolet’s new nine-speed automatic transmission illustrates the difficulty of eking out fuel economy improvements as automakers work to meet increasingly stringent fuel efficiency standards. Launched in the Chevrolet Malibu in September, th...
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I will contest my election defeat in court, Jammeh insist

I will contest my election defeat in court, Jammeh insist

(BBC) Gambian leader, Yahya Jammeh says he will launch a legal challenge to contest an election defeat that will bring an end to his 22-year rule. President Jammeh initially conceded after rival Adama Barrow won last week’s vote, but then...
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Magnus Abe wins Rivers South East Senatorial election

Magnus Abe wins Rivers South East Senatorial election

The candidate of the All Progressives Congress (APC) for Rivers South East senatorial district election, Magnus Abe, has been declared winner by the Independent National Electoral Commission (INEC). He polled a total of 125,938 votes to defeat Olaka Nwogu of ...
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Cocaine found in container carried by Maersk Ship

Cocaine found in container carried by Maersk Ship

Mexican authorities have seized some 278 kilograms of cocaine from a container carried by the 63,200 dwt containership Laura Maersk. According to the information provided by the Mexican government, the vessel, operated by Danish shipping giant Maersk, brough...
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Maersk Line, MSC, HMM enter strategic cooperation

Maersk Line, MSC, HMM enter strategic cooperation

Maersk Line, Mediterranean Shipping Company (MSC) and Hyundai Merchant Marine (HMM) have reached an agreement to enter into a new strategic cooperation. The cooperation is a combination of slot exchanges and slot purchases between the three parties, as well a...
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