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All posts tagged "featured"

  • Former Governor Ikedi Ohakim misappropriated N62bn – Okorocha

    Imo State Government has alleged that the former state Governor Ikedi Ohakim embezzled about N62bn during his term in office. The allegations were contained in a report presented to the present Governor, Rochas Okorocha yesterday by a...

    • Posted January 16, 2013
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  • Glo launches 0811 number series

    With a view to accommodating more of its growing subscriber base in the country, one of Nigeria’s GSM service provider, Globacom has launched a new 0811 series of numbers, to spread its reach and capacity in a...

    • Posted January 16, 2013
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  • President Jonathan sacks Immigration boss

    The Comptroller General of Immigration Service, Mrs. Rosemary Chinyere Uzoma, has been relieved of his duties, by President Goodluck Jonathan, who has appointed Mr. Rilwan Bala Musa as her successor. This new development was confirmed in a...

    • Posted January 15, 2013
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  • NNPC runs out of options, solicits stakeholders’ support for $1.5b loan

    The Nigerian National Petroleum Corporation (NNPC) is running out of options to get the $1.5 billion loan to offset creditors’ debts. After criticism from the media, debt management office and lawmakers, the NNPC has began to solicit...

    • Posted January 15, 2013
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  • Foremost Economist Condemns Central Bank’s Monetary Policies

    Foremost Nigerian economist, Mr. Henry Boyo has condemned the Central Bank of Nigeria for implementing faulty monetary policies that are holding the Nigerian economy to ransom. The renowned economist who is a staunch critic of the CBN...

    • Posted January 15, 2013
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  • N195b Pension Fraud: You have no hiding place – Senate tells Maina

    The Senate has continued to probe into the N195b pension fraud as it said yesterday that the Chairman of the Pension Reform Task Team (PRTT), Alhaji Abdulrasheed Maina, must face the law and pay for what he...

    • Posted January 15, 2013
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  • FG insist Nigerian farmers need cell phones irrespective of criticisms

    The Federal Government is bent at getting 10 million cell phones for farmers in the country irrespective of huge criticisms it has received. Speaking on the issue, the Minister of Agriculture, Dr. Akinwunmi Adesina said the farmers...

    • Posted January 15, 2013
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  • Lagos trains,equips 300 students in Technology

    As part of its resolve to develop the knowledge base and skills of secondary school students in the areas of Information Technology, the Lagos State Government has just concluded a training and workshop for 300 students. The...

    • Posted January 15, 2013
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  • Nigerian Stock Exchange Watch: ASI (+0.37) Continues Ascent, Nears 30000 Psychological Benchmark

    The All Share Index (+0.37%) gained in today’s trading on the back of a bullish performance from the banking sub-sector. The ASI closed at 29,309.69, nearing the 30,000 psychological level. Skye (+8.27%), Diamond (+6.43%), Fidelity (+4%), and Fidelity...

    • Posted January 14, 2013
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  • Power sector to be financed by syndication, financial clubs

    Knowing how enormous and capital intensive the power sector projects have become in the country, it has been revealed that syndication or club deals will create vital avenues for local banks to meet the huge financial demands...

    • Posted January 14, 2013
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