All posts tagged "headline"
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Fashola approves construction of 70 new roads
The Governor of Lagos State, Babatunde Fashola, SAN, has said that 70 more roads will be reconstructed in the state this year. Fashola made this known yesterday, Monday, during a joint courtesy visit by the executive members...
- Posted June 25, 2013
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African Union calls for more investments to promote jobs
The African Union, AU, has called for more investments to promote job creation, achieve all inclusive growth and eradicate poverty in the continent. Speaking during the 102nd session of the International Labour Conference, ILC, in Geneva, Switzerland,...
- Posted June 25, 2013
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NNPC frets over US shale oil discovery
The discovery of shale oil by the United States to meet its domestic crude oil needs may adversely affect Nigeria’s revenue. As a result, the Nigerian National Petroleum Corporation has expressed fears, saying the US might go...
- Posted June 24, 2013
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Power cuts worsen as generation drops by 1,598MW
Power generation in the country dropped by 1,598 megawatts on Sunday, the Transmission Company of Nigeria said. The company explained that the massive load shedding being experienced nationwide was caused by vandalism of two major gas pipelines...
- Posted June 24, 2013
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Union Bank’s shareholders demand better performance
Shareholders of Union Bank Plc have demanded improved performance from the board and staff of the bank, even as the board promised to address all the problems confronting the bank. At the 44thAnnual General Meeting of the...
- Posted June 24, 2013
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Labour, stakeholders disagree on poaching, bonding in banks
Organised labour and shareholders have disagreed over the appropriateness of staff poaching and bonding in the banking industry. Under the umbrella of the Association of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, labour maintained that...
- Posted June 24, 2013
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IMI builds integrated power plant
THE Rivers State Government is to develop an alternative economy to oil. Chairman of Integrated Medical Industries, IMI, and Commissioner for Health, Dr Sampson Parker, who disclosed this during the first test run of the integrated medical...
- Posted June 24, 2013
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Nigeria spends N600bn on vehicles importation annually – NAC
The Director-General, National Automotive Council (NAC), Mr Aminu Jalal, has disclosed that Nigerians spend about N600 billion annually on import of vehicles. Jalal told newsmen in Abuja that about 50,000 new and 150,000 used vehicles were imported into the country yearly. “Nigerians...
- Posted June 24, 2013
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Insurers need to be vocal on national issues — Lawal
Managing Director, Sterling Assurance Nigeria Limited, Mr. Fatai Lawal, has just emerged as President, Chartered Insurance Institute of Nigeria. He spoke with NIKE POPOOLA on how to make insurance more relevant to the economy Many years ago, did you ever...
- Posted June 23, 2013
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We’ll continue to invest in Nigeria — Turkish ambassador
The Turkish ambassador to Nigeria, Mr. Mustafa Pulat, has said despite the security challenge in the country, his home country and investors will continue to invest in Nigeria. He said in a statement obtained on Friday that...
- Posted June 23, 2013