• GOtv launches new product

    GOTV has launched another package called “GOTV Max” with additional four channels which are super sport select 4 showing all LALIGA matches, Fox tv, CBS reality tv and Sony Max tv. The General Manager, MultiChoice Marketing and Sales, Mr. Martin Mabuto, said that the package will be charged at N3,800 ...

  • 57th Independence Anniversary: Ndoma-Egba Assures Nigerians On Nation’s Recovery

    By Andrew Essien, Abuja The Chairman, Governing Board of Niger Delta Development Commission (NDDC), Sen. Victor Ndoma-Egba,SAN has called on Nigerians to be hopeful about the future inspite  of the current challenges as the Federal Government has taken adequate steps to bring the economy out of recession and restore the ...

  • Court adjourns Mbanefo’s N100m libel suit until Nov. 6

    Justice Oluwatoyin Ipaye of an Ikeja High Court has adjourned until Nov. 6 a N100 million libel suit filed by Mr Louis Mbanefo, a Senior Advocate of Nigeria, against Independent Communications Network Ltd, a media company. Mbanefo, 73, a professor of Maritime Law, is the son of Sir Louis Mbanefo, the first ...

  • Police arraign Lebanese, three others for stealing transformers

    The Police in Ebonyi State on Friday arraigned a Lebanese, Antoine Alromi and three others in a Magistrate Court, Abakaliki District, for allegedly stealing three transformers belonging to his company, Lana Construction Company limited. The Lebanese and the second accused person, Benjamin Offia, according to court records, allegedly stole the ...

  • Customs Zone B gets new coordinator

    The new Coordinator, Zone B, Nigeria Customs Service, Assistant Controller General Udo-Aka Akpan has assumed duty on Friday in Kaduna. Akpan formally took over from ACG Aminu Dahiru, who was deployed to take charge of Zone A of the customs service in Lagos. Akpan was in charge of Oyo and ...

  • Lagos, Kaduna, Edo owe foreign creditors $1.89bn

    Everest Amaefule, Abuja With a combined foreign debt profile of $1.89bn, Lagos, Kaduna and Edo have retained their spots as the states most exposed to foreign debts. As of June 2016, the three states had a combined foreign debt profile of $1.84bn. Statistics obtained from the Debt Management Office in ...

  • Capital market fraud: SEC arraigns BGL officials

    Stanley Opara The police unit of the Securities and Exchange Commission has arraigned the BGL Group and its officials at the Chief Magistrate Court Zone 6, Abuja on charges of  criminal conspiracy, breach of trust and cheating. The offences are contrary to Sections 96, 312, 322 and 323 of the ...

  • Appetite for foreign goods costing manufacturers $3bn annually – MAN

    Anna Okon Local manufacturers lose an average of $3bn annually due to the preference of Nigerian government and consumers for foreign goods. The President, Manufacturers Association of Nigeria, Dr. Frank Jacobs, disclosed this on Thursday in Lagos during a media parley to intensify campaign for made-in-Nigeria goods. The MAN president, ...

  • Nigeria’s economy still vulnerable to shocks, says FG

    Olalekan Adetayo, Abuja The Federal Government has said despite the nation’s recent exit from recession, Nigeria’s economy is still vulnerable to shocks. The Minister of Budget and National Planning, Udo Udoma, said this while addressing a meeting of the National Economic Council presided over by Vice-President Yemi Osinbajo at the ...

  • US varsities admit 10,000 Nigerians in 2017

    Ten thousand Nigerian students are among over one million international students admitted into United States universities this year, a US envoy announced in Lagos on Thursday. US Consul-General in Lagos, Mr. John Bray, made the disclosure at a College and Career Fair  organised by Education, USA and the Foreign Commercial ...

  • Nigeria targets $30b non-oil revenue

    To restructure the economy, the Federal Government is targeting at least $30 billion revenue from non-oil sources. This will be an increase of $25billion from the current $5 billion. Nigerian Export Promotion Council (NEPC) Director – General Segun Awolowo announced this plan yesterday after the National Economic Council (NEC) meeting ...

  • Oyebode, Falana seek mass action against corruption

    Professor of International Law and Jurisprudence, Akin Oyebode  has said corruption has become a crime against humanity in the country. He also stated that Nigerians can now have hope in the anti-corruption war with the setting up of Justice Isa Ayo Salami led “ Monitoring Committee on Corruption Cases” set ...

  • EFCC arrests Ekiti’s finance commissioner, accountant-general at Fayose’s declaration for presidency

    The Economic and Financial Crimes Commission said it has arrested Ekiti State Commissioner for Finance, Mr. Toyin Ojo; and the Accountant General, Mrs. Oluyemisi Owolabi. They were arrested on Thursday in Abuja at Governor Ayodele Fayose’s declaration of his desire to run for president in 2019. The ceremony, held at ...

  • Economía/Finanzas.-(A) Experto achaca el estallido de la crisis financiera a un modelo inmobiliario "agotado y corrupto"

    MADRID, 28 (EUROPA PRESS) El premio nacional de economía y medio ambiente José Manuel Naredo considera que el origen de la crisis de la financiera se debió a un modelo inmobiliario basado en la especulación, por lo que ha solicitado la reconversión "urgente" de un modelo, a su ...

  • Nigeria: Nigeria Woos Foreign Investors At ITU Telecom Conference

    [This Day] The Nigerian delegation to this year's ITU Telecom World, the biggest telecommunication conference and exhibition across the globe, has engaged foreign investors at various fora to attract foreign investments into the telecoms sector.

  • Nigeria: Nigeria, South Korea Bilateral Trade Volume Hits $9.9 Billion

    [Guardian] The bilateral trade volume between Nigeria and South Korea has hit $9.9 billion (N3.02 trillion). The Nigeria Charge De 'Affairs to the country, Lazarus Basaba, disclosed this yesterday in Busan, South Korea, at Nigeria's organised investment forum at the on-going International Telecommunications Union (ITU) Telecoms World 2017 conference and ...

  • Nigeria: Why Agribusiness Foreign Investors Shun Nigeria - Dangote

    [Premium Times] The insecurity across Nigeria especially the rising cases of kidnapping is the reason foreign investors in the agribusiness sub-sector are not coming to Nigeria, the Chief Executive Officer of Dangote Group, Aliko Dangote, has said.

  • Ex-Kebbi commissioner diverted N664m meant for imam training – ICPC

    Eniola Akinkuotu, Abuja The Independent Corrupt Practices and Other Related Offences Commission has accused a former Kebbi State Commissioner for Finance, Alhaji Mohammed Tunga; and a former Secretary to the State Government, Alhaji Garba Kamba, of diverting N664m. The ICPC said in a statement by its spokesperson, Mrs. Rasheedat Okoduwa, ...

  • Customs sideline police in arms import probe

    Adelani Adepegba, Abuja There are strong indications that the Nigeria Customs Service may have sidelined the police in its investigation into the series of illegal importation of arms into the country. Our correspondent gathered on Wednesday in Abuja that the police were not involved in the investigation, which ordinarily should ...

  • Open letter to Professor Itse Sagay (SAN)

    Dear Prof, I feel very privileged to be able to address this letter to you. As one of the leading lights in the teaching and practice of law in Nigeria, the opportunity to speak to you, a teacher of teachers and an accomplished legal luminary, is what someone, a relative ...

  • Pass bills that’ll be impactful on economy, Elumelu tells N’Assembly

    Ifeanyi Onuba, Abuja The Chairman, United Bank for Africa Plc, Mr. Tony Elumelu, has called on the National Assembly to pass progressive bills that will impact positively on the economy, following Nigeria’s exit from recession. Elumelu, who is also the chairman of Heirs Holding Limited, made the call in Abuja ...