Rising from its 60th meeting yesterday, the National Economic Council (NEC) confirmed that 11 states have been issued with the federal government bonds to offset loans owed to commercial banks. The 11 states were among the 22 that applied for the bonds. The Council received briefings on development in the power sector from the Governor of the Central Bank of ... Read More »
Lagos State Governor, Mr. Akinwunmi Ambode on Wednesday approved the termination of the concession granted by the Lagos State Development and Property Corporation (LSDPC) to Afriland Properties for the redevelopment of the Falomo Shopping Centre, Ikoyi. In a statement signed by his Chief Press Secretary, Mr. Habib Aruna, the Governor said that the decision was carried out based on a ... Read More »
The Kwara State Governor, Alhaji Abdulfatah Ahmed says his administration’s new revenue drive will generate funds for new development projects, stimulate the economy and create jobs in view of dwindling federal allocation and need to improve the welfare of citizens on a sustainable basis. Speaking during an interaction with community leaders in his office on Tuesday, Governor Ahmed said that ... Read More »
It has been reliably learnt that some members of staff of Daily Independent newspaper have staged a demonstration at their headquarters in Lagos, Aproko247 reports. According to Aproko247, members of staff of the media organisation are aggrieved with management of the company over non-payment of their salaries and poor salary structures. Similarly, the report reveals that that the employees of ... Read More »
Kola Popson Dr. Ifeanyi Patrick Ubah, the owner of Ifeanyi Ubah FC, has sealed a partnership deal with West Ham United of England. In a bid to finalise this deal, Ifeanyi Ubah was accompanied to West Ham United by the former Super Eagles Captain, Austin Jayjay Okocha. Below are the pictures taken while signing the partnership deal with the Management ... Read More »
FleishmanHillard South Africa, the world’s most complete global communications firm, specializing in public relations, public affairs, marketing, paid media, and transmedia and social content, has announced the expansion of the firm’s offering in Africa through a newly concluded affiliation agreement with Mediacraft Associates in Nigeria. Mediacraft Associates is one of the leading full-service public relations firms in Nigeria, with ... Read More »
Nigeria’s President Muhammadu Buhari has demanded for a comprehensive report on sale of Nigerian Telecommunications Limited (NITEL), and Nigerian Mobile Telecommunication (Mtel), from the Ministry of Communications Technology. The President made the request after briefing by the Permanent Secretary of the Ministry, Dr. Tunji Olaopa in Abuja on Tuesday. The National Council on Privatisation (NCP), at its meeting of Feb. ... Read More »
Ibrahim Lamorde, chairman of the Economic and Financial Crimes Commission, EFCC, has stated that currency declaration by travellers out of Nigeria amounted to $12.058 billion in three years. He made the disclosure in Abuja at the opening ceremony at the opening ceremony of a five-day inter-agency training programme on, Cross Border Financial Investigation organized by the United States Department of ... Read More »
Delta State Governor, Senator Dr Ifeanyi Okowa, signed the Delta State Oil Producing Areas Development Commission, DESOPADEC Amendment bill into law, yesterday, after the cause of disagreement was resolved with oil communities. Speaking after signing the bill, Governor Okowa said, “You have just witnessed the signing into law of the DESOPADEC amendment bill, 2015 to the original law of 2006 ... Read More »
The influential Time Magazine has rated Adebayo Ogunlesi, 58 as the 7th most powerful American and by far the most influential black business tycoon in the United States. Ogunlesi has over 5.6 billion dollars investment under his watch. Adebayo, the son of Nigeria’s first Professor of Medicine, hails from Sagamu, Ogun State in Nigeria’s South West. He is the Chairman ... Read More »
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