• PTAD prepares 2500 new pensioners, others for payment

    The Pension Transitional Arrangement Directorate (PTAD) is preparing 2500 NICON Insurance defunct New Nigeria Newspaper, Nigeria Reinsurance and Nigerian Defence Academy (civilians) pensioners for payment by verifying them. The pensioners, many of who were owed gratuity and pension for about 18 years are from Federal Government owned agencies that were ...

  • N100b capital vote coming this week

    Senators are not pleased that the Federal Government plans to release only an “insignificant” fraction of the N2.177 trillion capital vote in this year’s budget. Minister of Finance Mrs. Kemi Adeosun told the lawmakers that the government would release only N440 billion of the vote. Mrs Adeosun, joined by the ...

  • Dimite el consejero delegado de Neuron Bio

    El consejo de administración de Neuron Bio celebrado este martes ha decidido aceptar la dimisión del hasta ahora consejero de la compañía, José Maria Medina Jiménez, y ha acordado el nombramiento por cooptación de los accionistas Inocencio Arroyo Egido y Joseba Elorriaga Iturri como nuevos consejeros, según ha informado al ...

  • Economía/Empresas.- Dimite el consejero delegado de Neuron Bio

    br /> MADRID, 3 (EUROPA PRESS) El consejo de administración de Neuron Bio celebrado este martes ha decidido aceptar la dimisión del hasta ahora consejero de la compañía, José Maria Medina Jiménez, y ha acordado el nombramiento por cooptación de los accionistas Inocencio Arroyo Egido y ...

  • Nigeria: Aiteo Driving Oil, Gas Investment in Nigeria

    [Vanguard] Intergrated energy group Aiteo, has proven itself as a significant player in the petroleum industry, taking bold steps in terms of investment and contributing meaningfully to the economy of the nation.

  • Arrest of commissioner, AG unconstitutional – Ekiti

    Olusola Fabiyi, Abuja The Ekiti State Government on Monday in Abuja described the arrest of two of its commissioners by the Economic and Financial Crimes Commission as unconstitutional. The Commissioner for Finance, Toyin Ojo, and the Accountant General of the state, Yemisi Owolabi, were picked by the EFCC for allegedly ...

  • US buys $2.7bn Nigerian crude in six months

    ’Femi Asu The import of Nigeria’s crude oil by the United States increased by 32.1 per cent to 52.36 million barrels in the first half of this year, compared to the same period in 2016. The US Energy Information Administration, the statistical arm of the Energy Department, revealed in its ...

  • $24bn crude swap: Ex-PPMC boss to forfeit nine Dubai properties

    Eniola Akinkuotu, Abuja The Economic and Financial Crimes Commission has begun fresh moves to seize nine Dubai properties worth about N1.6bn, traced to a former Managing Director of the Petroleum Products Marketing Company, Mr. Haruna Momoh. Already, the EFCC has obtained an interim forfeiture order from a Federal High Court ...

  • Accelerating Economic Development Via Enterprise Development

    By Nkechi Isaac, Abuja – Small and medium scale enterprises have been identified as one of the key engines that activate economic development. It is on record that the most powerful economies in the world today are not driven by big business corporations but a conglomerate of small and medium ...

  • Global humanitarian needs have never been higher, says UN relief chief

    Source: UN News Service Country: Bangladesh, Cameroon, Chad, Ethiopia, Myanmar, Niger, Nigeria, WorldUN-coordinated response plans remain severely underfunded as the number of those needing humanitarian assistance is at its highest since the end of the Second World War.2 October 2017 – The number of those needing humanitarian assistance is at its ...

  • Nigeria needs committed generation of people — Minister

    Dr Okechukwu Enelemah, Minister of Industry, Trade and Investment, on Monday said that a committed generation was needed to build the Nigeria of our dream. Enelemah said this while delivering a keynote speech entitled “Wanted: A New Tribe to Build the Nigeria of our Dream’’ at the “Platform,’’ organised by ...

  • NBBF to fix minimum wage for League players

    The players’ representative on the board of the Nigeria Basketball Federation, (NBBF) Ejike Ugboaja has hinted that the federation will soon go into talks with clubs in the Nigerian League system to fix the minimum wage for players. Ugboaja made this known after a 2-day retreat with players plying their ...

  • Mbembe calls for African integration through open borders

    Renowned African historian, Joseph Achille Mbembe, has made a solid case for Africa’s integration through open borders that allow free movement of people on the continent. “History tells us that the first thing you do to incapacitate people is to restrict their ability to move.  Mobility allowed the stretching of ...

  • CBN On The Move Again To Create 360,000 New Jobs

    By MARK ITSIBOR, Abuja – For President Muhammadu Buhari, the Central Bank of Nigeria (CBN) does not only deserve commendation for entrenching stability in the foreign exchange market and embarking on developmental initiatives that have helped to redirect the nation’s economy, it should be given more chance to do even. ...

  • Ecobank Nigeria Promotes Over 1000 Staff

    By Kayode Tokede, Lagos – The management of Ecobank Nigeria Limited has announced the promotion of more than one thousand staff. This latest promotion exercise which affected about 30 per cent of core employees of the bank is in line with its commitment to recognizing and rewarding excellence and exceptional ...

  • Nigerians Spent $3bn Annually On Foreign Goods – MAN

    By OLAJIDE FABAMISE, Lagos – Local manufacturers lost an average of $3 billion annually due to the preference of Nigerian government and consumers for foreign goods, president, Manufacturers Association of Nigeria (MAN), Dr. Frank Jacobs, has said. Speaking at a media parley in Lagos, over the weekend, Jacobs said the ...

  • NSE Ends Q3 2017 With N765bn Gains

    By OLUSHOLA BELLO, Lagos – Investments on the Nigerian Stock Exchange (NSE) has soared by N765 billion in the third quarter of the year ended September 29, 2017. Specifically, the NSE market capitalisation, which represents total value of shares on the Exchange, went up by N765 billion to N12.217 trillion ...

  • Boroh to Niger Delta ex-agitators: help build economy

    The Federal Government has urged 200 Niger Delta ex-agitators, who graduated from the Innoson-Kiara Academy, Nnewi in Anambra, to use their skills positively to grow the economy. The Special Adviser to the President on Niger Delta and Coordinator of the Presidential Amnesty Programme, Brig.-Gen. Paul Boroh (Rtd), spoke at the Batch ‘B’ ...

  • Nigeria Brandishes Potentials As Investors Eye Growth Markets

    Nigeria, the most populous black nation, Africa’s leading telecommunications market with its growing startup ecosystem had a grand performance at the just concluded ITU Telecom World 2017, where it sought new investors for its national broadband plan to build a digital economy. CHIMA AKWAJA reports Nigeria’s outing and other burning ...

  • Quit notice to Igbo: IGP places men on red alert

    •Orders police to enforce law The police are on red alert across the nation to nip in the bud any attempt to actualize the October 1 quit notice served on Igbo residing in the north by a coalition of Northern youth organizations. Although the quit notice was withdrawn a few ...

  • Nigeria at 57: The deep calls unto deep

    IN an analysis by James Wan published in African Arguments last week and posted on the internet on September 28, ex-president Olusegun Obasanjo was at his pontifical and bombastic best railing against everyone and revelling in self-promotion. He execrated his successor, the late Umaru Yar’Adua, whom he described as ignorant, ...