Minister for Power gives reason why FG can’t sanction DISCOs, GENCOs over...
Babatunde Fashola The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has said it would be difficult for the federal government to randomly punish the operational inefficiencies of...
View ArticleNLC urges govt to invest recovered funds in infrastructure development
NLC logo The Nigeria Labour Congress (NLC) has urged the Federal Government to invest the recently recovered looted funds in critical infrastructure towards developing the country. The advice...
View ArticleIOSCO issues Statement on Non-GAAP Financial Measures to assist issuers in...
IOSCO The Board of the International Organisation of Securities Commissions (IOSCO) today issued the Statement on Non-GAAP Financial Measures. The Statement is intended to assist issuers in providing...
View ArticleBank strengthens Nordic partnerships – “our priorities are aligned”
Akin Adesina The Bank strengthens its longstanding partnerships with the Nordic countries this week as its President, Akinwumi Adesina, visits Norway, Denmark, Finland and Sweden. “The Nordic...
View ArticleRoyal Exchange to further delay Release of 2015 Audited Report
Royal Exchange logo Risk Company, Royal Exchange Plc said on Tuesday that it will further delay its release of 2015 audited accounts. The underwriting firm in a notice to the Nigerian Stock...
View ArticleLafarge Africa Seeks SEC Approval to Issue N100bn Bond
Lafarge Africa logo Lafarge Africa Plc on Tuesday said its seeking the approval of the Securities and Exchange Commission (SEC) to issue a N100 billion Series I and II Bond. The Cement producer...
View ArticleSSNIT to rebuild Labour College
SSNIT The Social Security and National Insurance Trust (SSNIT) is to construct a five-storey building to replace the current dilapidated Ghana Labour College in Accra. This is part of the Trust’s...
View ArticleAfrica has a job crisis – AfDB president
Akinwunmi Adesina, President of AFDB Africa is in a job crisis, the president of the African Development Bank (AfDB), Akinwunmi Adesina has said. Contributing to a panel session at an event on ‘Jobs...
View ArticleAlleged $40m Fraud : Trial of Jonathan’s cousin, wife to commence June 28,...
Azibaola Robert and Stella Robert in court Justice Nnamdi Dimgba of the Federal High Court, Abuja on Wednesday granted bail to former President Goodluck Jonathan’s cousin, Roberts Azibaola and his...
View ArticleNaira devaluation seen coming too little, too late
Naira The Nigerian government may not devalue its currency enough to restore credibility in its economy, leaving potential investors stuck on the sidelines waiting for more, say analysts and investors....
View ArticleBuhari not mentally, physically ready to rule Nigeria – Says PDP
President Muhammadu Buhari The Peoples Democratic Party, PDP, has berated President Muhammadu Buhari, saying he is not mentally and physically ready to rule Nigeria. The opposition party which took...
View ArticleBorn Free calls on Zambia to abandon hippo cull
International wildlife charity, Born Free Foundation, has condemned Zambia’s plan to kill 400 hippopotamuses a year over the next five years in the Luangwa River Valley, an area world-famous as a...
View ArticleLenovo drives deeper into $87b data center market
Lenovo today intensified its focus on the $87 billion data center technology market[1] by unveiling an expanded arsenal of IT solutions, including next-gen software defined storage, enterprise...
View ArticleAregbesola, Agric Minister, Ogbeh flag-off 2016 Cashew Plantation season
Governor Rauf Aregbesola The Governor of Osun, Ogbeni Rauf Aregbesola has called on all able bodied Nigerians to take to farming on full or part time basis as alternative to the over-dependence on...
View ArticleGov Oshiomhole, Sen. David Mark, TUC mourns Stephen Keshi
Late Stephen Keshi Former Senate President, Senator David Mark has described the sudden death of former Super Eagles captain and coach Stephen Keshi as a monumental loss to Nigeria and indeed Africa....
View ArticleIMF Says Antoinette Sayeh, Director of the African Department to Retire
Antoinette Sayeh IMF Ms. Antoinette Sayeh, Director of the African Department at the International Monetary Fund (IMF), has notified IMF Managing Director Christine Lagarde of her intention to...
View ArticleAccra becomes city 467 – next smart African city to offer Uber
Uber Accra has been named as the next city to join Uber’s booming network in Africa (www.Uber.com). The economically vibrant hub is the first city in Ghana to receive the service. With a thriving...
View ArticleGov. Ambode approves dissolution of caretaker committees of 57 LGs/LCDAs
Akinwunmi Ambode Following the resolution of the Lagos State House of Assembly on Thursday relieving the Executive Secretaries of the 57 Local Governments Councils and Local Council...
View ArticleGEF steps up efforts to combat wildlife crime with additional $40m
The Global Environment Facility (GEF) Council has approved an additional $40 million for the Global Wildlife Program (GWP) expanding its support in the fight against illegal trafficking to 19...
View ArticleBoko Haram: Troops carry out joint clearance operations, kill two terrorists
Nigerian Army said troops of 26 Battalion, 151 Task Force Battalion, 155 Task Force Battalion and some elements of 21 Brigade have carried out a joint clearance operations to destroy remnants of...
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