Latest News
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NDI commends Justice Bello and Bamidele Aturu on landmark court judgement on deregulation
The National Development Initiative (NDi), a non-state and independent think tank on policy and strategic development wishes to commend Justice M. Bello of the Abuja High Court and Mr. Bamidele Aturu over the landmark judgement that exposed...
- Posted March 20, 2013
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Airtel unveils new advert campaign in Nigeria
Demonstrating its robust and extensive network coverage across the country, Leading Telecommunications Services Provider, Airtel Nigeria has again unveiled a new campaign to capture its numerous corporate milestones while emphasising its readiness to take advantage of the...
- Posted March 20, 2013
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UBA Announces Senior Management Appointments
Following its recent restructuring and the spin-off of non-commercial banking operations in line with regulatory guidelines, the United Bank for Africa (UBA) Plc has announced some key senior level appointments to strengthen its operations. The bank revealed...
- Posted March 19, 2013
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2013 budget: Jonathan sends amendment to National Assembly
President Goodluck Jonathan on Tuesday forwarded 2013 Appropriation Act Amendment Proposal to the National Assembly for approval. He also forwarded the 2013 Subsidy Reinvestment and Empowerment Programme (SURE-P) budget amendment proposal for consideration. The requests were contained...
- Posted March 19, 2013
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Full text of President Jonathan’s speech at the Economist Magazine’s Nigeria Summit 2013
OPENING REMARKS BY HIS EXCELLENCY PRESIDENT GOODLUCK EBELE JONATHAN, GCFR, AT THE ECONOMIST MAGAZINE’S NIGERIA SUMMIT ON TUESDAY, 18TH MARCH, 2013. PROTOCOLS 1. It gives me great pleasure, being here at this Summit with you all today, to...
- Posted March 19, 2013
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FG terminates offer of purchase of ALSCON by BFI Group Corporation
The Bureau of Public Enterprises, BPE, on Tuesday announced the cancellation of the sale of the Aluminium Smelter Company of Nigeria to US-based BFI Group Corporation. A statement by the Head of Public Communications, Chigbo Anichebe, confirmed...
- Posted March 19, 2013
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Akwa Ibom, 5 other states get DMO warning on dangerous domestic debt profile
Akwa Ibom, Edo, Kwara, Ondo, Plateau and Taraba states have received the Debt Management Office, DMO, warning alerts as their financial health appears to be tottering delicately near the insolvency bar. The debt management agency has categorised...
- Posted March 19, 2013
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FG seeks enhanced economic ties with China
The Federal Government on Monday called for enhanced economic ties with the Chinese Government. The Minister of Foreign Affairs, Ambassador Olugbenga Ashiru, made the call at a meeting with Mr Zhong Jianhua, Special Representative, African Affairs for...
- Posted March 19, 2013
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Nigeria to formulate salary policy in public service – SGF
The Federal Government on Tuesday in Abuja said it would formulate a pay policy to guide payment of remunerations in the public service. The Secretary to the Government of the Federation (SGF), Pius Anyim, made the announcement...
- Posted March 19, 2013
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Airtel alleged illegal lottery: Court joins NCC as defendant
A Federal High Court in Lagos has joined the Nigerian Communications Commission, NCC, as a defendant in a suit seeking to revoke the operating licence of Airtel Nigeria Limited for allegedly operating an illegal lottery. Trial judge,...
- Posted March 19, 2013
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Reps frustrate NNPC’s effort to cover finances of 16 subsidiaries
The House of Representatives, yesterday, frustrated efforts by Nigerian National Petroleum Corporation, NNPC, to cover the financial records of its 16 subsidiaries. This was disclosed by Chairman of the House Committee on Finance, Abdulmumuni Jibrin, during an...
- Posted March 19, 2013
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Dana Airline resumes operations
The Minister of Aviation, Stella Oduah, on Monday disclosed that the suspension placed on Dana airline operation has been lifted and that the company can resume flights immediately. In a statement released by her Special Assistant on Media, Joe...
- Posted March 19, 2013
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Aero Airline workers asks company to withdraw sack letters
Hundreds of employees of Aero Airlines on Monday besieged the headquarters of the company in protest of their sack. They accused the organization of dropping the sack letters at their residence without their consent. An action they...
- Posted March 18, 2013
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DPR to recover undeveloped oil marginal fields
Department of Petroleum Resources (DPR) has directed all owners of under-developed marginal fields the next one-year to put the fields into production or lose their operating licences granted by the agency. Director of DPR, Osten Olorunsola, who...
- Posted March 18, 2013