Josephine Tapgun, the minister of state for commerce and industry, has called for deeper trade relations between Nigeria and China. Mrs. Tapgun made the call on Monday in Abuja, when she received a delegation from the Chinese province of Qinghai. “The relationship between China and Nigeria has been a long one, most especially in the area of trade. I want…
Communities in Nigeria’s restive Niger Delta will receive an estimated $600 million in annual dividends as part of efforts to improve security under reforms currently before parliament, the oil ministry said on Tuesday. “Direct payments of dividends to oil-producing communities will be established to address the Niger Delta crisis and make communities key stakeholders, with incentives to protect oil and…
Women in Nigeria need to take their place in the political affairs of the nation, and not focus mainly on the managerial and economic issues of the economy. Career women who have delved into politics gave the charge at the annual lecture of Women in Management and Business (WIMBIZ), which was held in Lagos yesterday, saying that decisions of the…
Arrangements have been concluded by the Osun State government to host the 4th World Summit of Mayors International Conference which kicks off in Osogbo the state capital on Friday. The Chairman Local Organising Committee of the conference, Siyan Oyeweso, disclosed at a press conference in Osogbo that President Goodluck Jonathan is expected as the Special Guest of honour at the…
The People's Democratic Party (PDP), yesterday, refuted the allegation against it that it is engaged in buying voters' cards in order to manipulate the forthcoming general elections. It also noted that the unfounded allegation was perpetrated by some politicians who are bent on denting the image of the party. According to a release by the National Publicity Secretary, Rufai Ahmed…
The Nigerian Council of Primates and religious organisations in the Ilaje Local Government Area (LGA) of Ondo State have accused traditional rulers of meddling in the affairs of a religious community in the state. According to the groups, obas in Ugbo Kingdom, Ilaje LGA, planned to install a baale in a religious community, Ugbo-nla Zion, a development which now poses…
Over 7.3 million tourists visited South Africa between January and November last year, says Marthinus van Schalkwyk, the country's minister of tourism. Mr. van Schalkwyk said this on Monday at the opening ceremony of Meetings Africa 2011, Africa's business tourism lekgotla, at the Sandton Convention Centre, Johannesburg, South Africa. Meetings Africa is a business tourism marketing platform which aims to…
The market capitalisation of equities at the Nigerian Stock Exchange, on Monday, bounced back by 0.26 per cent, making it the third consecutive day of growth. The NSE market capitalisation of the 201 First-Tier equities closed yesterday at N8.536 trillion after opening the day at N8.514 trillion, reflecting over N22 billion gains. About N77 billion has been recovered in the…
22 February 2011 Rock-bottom club JUTH FC sent massive shock waves across the Nigeria Premier League Monday with a 2-1 home win over defending champions Enyimba. This was De Healers first win of the year and only their second victory in 16 matches since their return to the top flight this season. It was also a result that lifted them…
22 February 2011 You can follow Live Play-by-Play coverage of the 2011 CHAN semifinals on MTNFootball.com with the first match between Algeria and Tunisia at 14h00 GMT and the second between Sudan and Angola at 17h30 GMT. The 2011 African Nations Championship semifinals take place in Sudan today and the coaches of the four participating teams all believe they have…
Schools in Boje and Nsadop communities in Boki Local Government Area of Cross River State have reopened for the first time since August 2010, when the two communities went to war over farmland. The communal clash sparked off by the invasion of Nsadop by warriors from Boje, left the two sister communities in confusion and schools were forced to close…
The Minister of Niger Delta Affairs, Godsday Orubebe, yesterday said with the amnesty programme of the Federal government, youth in the region have discovered that it is necessary to embrace peace in the area. The minister was in the state for the grand finale of “Youth Empowerment through Entertainment” organized for youth in the nine Niger Delta states. Mr. Orubebe…
Ogun State governor, Gbenga Daniel yesterday began his valedictory tour of the state saying he remains the longest serving governor since the creation of the state 35 years ago. Mr Daniel also said he will continue to fight former President, Olusegun Obasanjo over who takes over from him on May 29, 2011. Mr. Daniel who commenced his send forth ceremony…
Finance experts say the outlook for the Nigeria Stock Exchange is positive and bright and that foreign investors are indicating interest, despite the forthcoming elections. The experts, who spoke at a pre-investors conference, said foreign investors are looking beyond the recent financial crisis. “The worst is over,” Akeem Oyewale, CEO, Stanbic IBTC stockbrokers said yesterday. “We are optimistic about the…
The use of tax consultants by government is a drain on its resources and may be responsible for the inability to record enhanced revenue yield. Former chairman of the Federal Inland Revenue Service (FIRS), Kayode Naiyeju, at the close of the 2011 Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) Members’ Retreat in Uyo, Akwa Ibom, at the weekend, said the…