All posts tagged "headline"
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FG to establish 18 cassava processing industries
The federal government is to collaborate with the private sector to establish 18 cassava processing industries with machines that can process 240 tonnes of cassava per day. Olusegun Adewunmi, the President, Nigeria Cassava Growers Association (NCGA), stated this in...
- Posted March 7, 2013
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PHCN abandons surveillance helicopters at Lagos airport
Indications emerged on Wednesday that the Power Holding Company of Nigeria had abandoned four helicopters worth millions of dollars at the Murtala Muhammed Airport, Lagos. Investigations by our correspondent revealed that the German-made Bolkow 105 helicopters had...
- Posted March 7, 2013
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195,534 jobs created through contracts in 2012 – FG
The Federal Government generated a total of 195,534 jobs through the various contracts awarded by the Federal Executive Council in 2012. The Minister of Information, Mr. Labaran Maku, disclosed this to State House correspondents at the end...
- Posted March 7, 2013
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Manchester United Champions League exit to cost at least £22m
Manchester United’s elimination from the Champions League by Real Madrid, who won at Old Trafford, could cost them at least £22 million. Sir Alex Ferguson’s side had looked set to progress as they led the Spanish side...
- Posted March 6, 2013
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Jumia, Nigeria’s largest e-commerce retailer, receives 20m Euros funding from Summit Partners
Jumia, Africa’s largest and fastest-growing e-commerce retailer with websites in Nigeria and in Egypt and Morocco, announced today that it has received an investment of €20 million from leading growth equity investor Summit Partners. Summit Partners will...
- Posted March 6, 2013
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Forbes’ World’s Richest: Aliko Dangote now number 43
Two Nigerian billionaires have retained their presence in the Forbes’ list of the world’s richest in the latest list of about 1,500 billionaires. Dangote Group of Companies President, Aliko Dangote is number 43, moving up from 76...
- Posted March 5, 2013
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PIB: Senators reach truce, begin 3-day plenary tomorrow
Finally, northern and southern caucuses in the Senate have reached a middle ground on the new Petroleum Industry Bill (PIB) with the debate on the document scheduled to begin tomorrow. The first reading was done in 2012,...
- Posted March 4, 2013
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Heritage Bank Puts SGBN Deposit At N21b, Commences Operations Today
The Managing Director/CEO of Heritage Bank, Mr. Ifie Sekibo, has disclosed that the initial deposit for the defunct Societe Generale Bank of Nigeria (SGBN), now Heritage Bank, is N21 billion. He said that the customers validation of account...
- Posted March 4, 2013
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FG Will Build Mega Varsities – Jonathan
President Goodluck Jonathan has assured Nigerians of the federal government’s commitment to improving the quality of tertiary education in the country. President Jonathan, who was represented by Vice President Namadi Sambo at the Ahmadu Bello University’s fundraising...
- Posted March 3, 2013
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Nigeria Lacks Good Leaders – Obasanjo
Former president Olusegun Obasanjo on Saturday in Abeokuta, the Ogun State capital, declared that Nigeria lacked good leaders. Obasanjo lamented that the dearth of good leaders in the country as well as on the African continent, had...
- Posted March 3, 2013