Latest News
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New transport policy: FCTA fails on its promise to provide more buses
Two weeks after the FCT administration banned mini buses from operating within the Abuja city centre, it is yet to make good its promise to provide adequate number of high capacity buses, News Agency of Nigeria has...
- Posted June 15, 2013
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British American Tobacco Nigeria Foundation inaugurates N7m palm-oil processing mill
The British American Tobacco Nigeria Foundation, has said that the N7m palm-oil producing mill inaugurated in Ekpenyong Ufum community in Essien Udim Local Government, Akwa Ibom State, will help local farmers reduce agricultural produce waste. The palm-oil...
- Posted June 15, 2013
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Tinapa witnesses high volume of trade – MD
The Management of Tinapa Business Resort Calabar says the resort is currently witnessing high volume of trade and investment. The Managing Director of the resort, Mr. Bassey Ndem, said this on Thursday at an interactive session with...
- Posted June 15, 2013
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Ogun seals off 36 filling stations
No fewer than 36 filling stations in Ogun State have been sealed following the discovery that they contravened the State’s town planning laws. The affected filling stations located in Ota and Abeokuta were found to have altered...
- Posted June 15, 2013
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MTN Nigeria halts SIM swap by proxy
Mr Akinwale Goodluck, the Corporate Services Executive of MTN Nigeria, has announced the decision of the company to discontinue SIM swaps by proxy with effect from June 7. Goodluck said this in a statement made available on...
- Posted June 14, 2013
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Rivers state host French investors
The President of Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA), Engr. Emeka Unachukwu, the Deputy speaker of the Rivers state House of Assembly, Hon. Leyii Kwanee, the Deputy Managing Director of Total E&P, Nicolas...
- Posted June 14, 2013
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Lagos plans Hi-Tech traffic management system
Lagos state Government yesterday concluded a one-week training course for over 500 officers of the Lagos State Traffic Management Authority, LASTMA, aimed at equipping them with necessary knowledge and skills to manage traffic with Hi-Tech equipments. Commissioner for...
- Posted June 14, 2013
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FG uncovers N58bn scam by revenue agencies, banks
Federal Government, yesterday, announced a discovery of about N58 billion, which some revenue-generating agencies of government refused to remit to the Consolidated Revenue Fund (CRF) in collaboration with some banks. In a statement, the Co-ordinating Minister for...
- Posted June 14, 2013
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Ikuru calls for paradigm shift in Agric sector
Rivers State Deputy Governor, Engr. Tele Ikuru, has called for a paradigm shift in the way the agricultural sector is managed. Engr. Ikuru made this call today while delivering the 2nd Professor Uche Godwin Nzuko Anazodo Memorial...
- Posted June 14, 2013
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States walk out of FAAC meeting
States and local governments yesterday aborted the May 2013 Federation Account Allocation Committee (FAAC) meeting. They walked out on Minister of State for Finance Dr Yerima Lawal Ngama and left Abuja without any cash. The meeting is...
- Posted June 14, 2013
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Fastjet signs MoU with Nigeria’s Red 1 Airways Limited
Fastjet Plc, Africa’s lowcost airline, on Thursday signed a Memorandum of Understanding with Nigeria’s Red1 Airways Limited to create a low cost airline operating within Nigeria and to destinations across Africa. The MoU brings together fastjet’s strong...
- Posted June 14, 2013
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FG uncovers N58bn unremitted revenue
Ministry of Finance has traced N58 billion unremitted revenue of the Federal Government to various bank accounts. It said the funds were ‘hidden’ by unscrupulous bank managers and collaborators in ministries, departments and agencies. The Coordinating Minister...
- Posted June 14, 2013
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Oil, gas deposits to deplete in 40 years
A PROFESSOR of Medicine and sustainable environment advocate, Prof. Vincent Idemyor, has predicted that Nigerian oil and gas deposits, particularly in the Niger Delta region will not last beyond the next 40 years. The US-based Idemyor, currently...
- Posted June 14, 2013
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Wapic Insurance’s N3.51bn rights issue excites shareholders
Shareholders of Wapic Insurance Plc have expressed satisfaction over the N3.51 billion rights issue being embarked on by the company, calling all the existing shareholders to take advantage of the offer to increase their holding. They observed...
- Posted June 14, 2013