Monthly Archives: March 2016
(Opinion) Electricity regulation and fairness
Segun Oni Undoubtedly, the Nigerian Electricity Regulatory Commission called NERC is the sole authority for the generation, transmission, and distribution of electricity in Nigeria. As a regulator, part of its duties is to instill discipline in the electricity industry and make sure that participants and stake holders in the industry …
Read More »File claims for payment now — NDIC asks failed banks’ customers
Nigerian Deposit Insurance Corporation (NDIC) on Thursday in Enugu informed depositors of liquidated banks across the country to file their claims for payment, insisting that the corporation remained committed to ensuring that no depositor lost any money for reasons of bank liquidation. The agency specifically asked depositors of four banks …
Read More »Abducted Kaduna clerics regain freedom
President of the United Church of Christ in Nigeria, Rev. Emmanuel Dziggau and two other clergymen who were abducted along Kaduna – Abuja Expressway by armed gunmen have regained their freedom after ten days in captivity. A senior top official of United Church of Christ who pleaded anonymity said Dziggau …
Read More »U.S to invest over $600m in Nigeria in 2016, return billions of dollars of looted funds – Kerry; I’ll critically review budget passed by NASS before assenting – Buhari
United States Secretary of State, John Kerry has ssured that his country will invest more than $600 million in Nigeria this year. He disclosed this during the opening session of the U.S.A – Nigeria Bi-National Commission meeting. The delegation from Nigeria was headed by Foreign Affairs Minister, Geoffrey Onyema, flanked …
Read More »Gov. Ambode orders repair works on Lagos-Badagry expressway
Lagos State Governor, Mr. Akinwunmi Ambode has ordered the State Public Works Corporation (LSPWC) to immediately embark on extensive repair on the ever busy Lagos-Badagry Expressway so as to improve driving experience of motorists in the area. Special Adviser to the Governor/C.E.O, Public Works, Engr. Ayotunde Sodeinde, told journalists, Thursday, …
Read More »Musicians no longer want to learn music; they just want instant fame — Sir Victor Uwaifo
Fondly called ‘the Guitar Boy’, Edo-born Nigerian music icon, Professor Victor Efosa Uwaifo, is also a sculptor, a visionary, a philosopher and inventor. The super star music maestro and world famous artist whose song ‘Joromi’ won Africa the first Gold disc 50 years ago, in this interview by AGENE GODWIN, …
Read More »Rivers Rerun: PDP worries over non-release of election results by INEC; alleges favouritism
Opposition Peoples Democratic Party (PDP) has expressed concern over the non-release of outstanding results of the March 19 Rivers State and National Assembly rerun elections by the Independent National Electoral Commission (INEC). In the results so far declared by the state Resident Electoral Commissioner (REC), Mr. Aniedi Ikoiwak, the PDP …
Read More »Access Bank invests in NCR’s multi-function ATMs
NCR Corporation, the global consumer transaction technologies and Access Bank Plc, have partnered to enhance the bank’s Automated Teller Machine (ATM) portfolio with the company’s latest SelfServ ATMs to improve speed. The new NCR’s next generation ATMs will help the bank to enhance customer experience with reduced ATM downtime and …
Read More »Chibok girls not missing –Fayose insists
Ekiti State Governor, Ayodele Fayose, Wednesday, declared that no pupil was abducted by Boko Haram from Government Girls Secondary School, Chibok, Borno State. Over 200 pupils of the school were reportedly abducted in 2014 by the terror group. The governor said the report was politically motivated to influence public opinion …
Read More »I have no regrets hiring Sunday Oliseh — Pinnick ; vows he will not resign
President of the Nigeria Football Federation (NFF), Amaju Pinnick, Wednesday, in Abuja said he had no regrets hiring Sunday Oliseh as the Super Eagles’ Head Coach. This is also as the football boss insisted that he would not resign amid public outcry that has trailed the failure of the Super …
Read More »Boko Haram not in control of 2 LGs in N/East — Defence minister denies report
Minister of Defence, retired Brig.-Gen. Mansur Dan-Ali, has denied reports credited to him in which he claimed that Boko Haram insurgents still controlled two local government areas in the North-East. The minister stated this in a statement issued in Abuja, Wednesday, by Col. Tukur Gusau, Public Relations Officer in his …
Read More »High number of persons awaiting trials due to poor investigation — Dambazau
Minister of Interior, retired Lt.-Gen. Abdulrahman Dambazau has attributed the high number of persons awaiting trials in prisons across the country to poor investigations by the police. The News Agency of Nigeria (NAN), reports that over 70 to 80 per cent of inmates across Nigerian prisons are awaiting trials. Dambazau …
Read More »Aisha Buhari donates relief materials to IDPs in Benue
Wife of the President, Mrs Aisha Buhari, Wednesday, donated assorted relief materials to Internally Displaced Persons (IDPs) in Benue. Mrs Buhari, who was in Benue to empathise with the state government on the recent farmers/herdsmen crisis, was represented by the wife of the Vice President, Mrs Oludolapo Osinbajo. Donating the …
Read More »French agency claims spending €1bn on projects in Nigeria
Country Office of the French Development Agency (Agence Francaise de Developpement), Wednesday, said it has spent about one billion euros to fund various projects in Nigeria since 2008. A statement issued by Mr Olivier Delefosse, AFD’s Country Director, on Wednesday in Abuja, said the agency’s support for the private sector …
Read More »13 sacked VCs will not be recalled despite Buhari’s apology – FG reaffirms
Federal Government, Wednesday, reaffirmed its earlier position over the dismissal of 13 Vice Chancellors of some government-owned tertiary institutions, including the dissolution of their Governing Councils, insisting the affected officers will not be recalled despite the public apology tendered by President Muhammadu Buhari over their matter. It would be recalled …
Read More »(Photonews) Gov. Umahi, Rev. Uma Ukpai others at service of songs for Umahi’s late mother
Saraki donates N5m to victims of Kano market inferno
Senate President Bukola Saraki has donated N5 million to victims of the recent fire incident at Sabon Gari market in Kano State. The Chairman, Senate committee on Works, Sen. Kabiru Gaya, announced the donation when he paid a sympathy visit to Gov. Abdullahi Ganduje in Kano, Wednesday. Gaya, who represents …
Read More »CBN to sell N219bn worth of treasury bills at auction, April 7
Central Bank of Nigeria (CBN) says it plans to sell N218.89 billion worth of treasury bills on April 7. The CBN disclosed this in its treasury bills issuing calendar for second quarter of 2016. It said it would sell N55.40 billion worth of three-month tenored bills at the auction and …
Read More »Braithwaite paid his dues, deserves to be celebrated – Gov. Ambode assures late politician’s family
Lagos State Governor, Mr. Akinwunmi Ambode on Wednesday paid a condolence visit to the family of late elder statesman and legal luminary, Dr. Tunji Braithwaite, saying that his contributions to the emancipation of the masses and constitutional development in Nigeria would remain indelible. Governor Ambode, who visited the family House …
Read More »FG working hard to relieve pains of Nigerians — Minister
Federal Government has said it is keenly aware of the difficulties that Nigerians are currently facing over the lingering fuel scarcity and poor power supply, and that it is working round the clock to provide the relief for the citizenry. ”As a government that was propelled into office by the …
Read More »Nigerian Air Force, Innoson formally sign MoU for fighter jets’ spare parts production + CNN story on Innoson
Nigerian Air Force (NAF), Wednesday, signed a Memorandum of Understanding (MoU) with an indigenous vehicle manufacturing firm, the Innoson Vehicle Manufacturing Company, for research and production of spare parts for its fighter jets. According to NAF, the agreement is geared towards ensuring that aerial battles against the Islamic fundamentalists were …
Read More »Sports minister apologises for Super Eagles’ 2017 AFCON crash
In a series of tweets, Wednesday, Minister of Youth Development, Mr. Solomon Dalung, apologised to Nigerians for the failure of the Super Eagles to qualify for the 2017 African Cup of Nations to be hosted by Gabon. He noted that the country has no good reason for failure to qualify …
Read More »(Photonews) Gov. Ikpeazu receives traditional rulers; Addresses the media
NLNG opens $2m NLNG-UI Engineering Laboratory Complex
Nigeria LNG Limited (NLNG), on Tuesday, at the University of Ibadan (UI) commissioned the NLNG-University of Ibadan Engineering Laboratory Complex as part of the company’s $12 million University Support Programme. The University of Ibadan laboratory complex is the second of six laboratories to be commissioned by the company after the …
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