Some financial experts said election of Dr Ngozi Okonjo-Iweala, the Minister of Finance, as the President of World Bank, would bring development to developing nations. They said this in separate interviews with the News Agency of Nigeria (NAN) in Lagos...
The UN is considering cutting back its peacekeeping mission in Sudan's strife-torn Darfur region as violence dwindles almost 10 years into the conflict, a senior official said on Wednesday. Any scaling down of the force of 28,000 soldiers and polic...
The World Bank's private-sector lending arm says it plans to invest up to 3.5 billion dollars in Sub-Saharan Africa this year, mainly in the infrastructure sector. Many nations in the region are racing to invest in their roads, rail and energy syst...
Two people were killed while 23 others sustained injuries when a luxury bus crashed into a stationary truck on Lokoja-Abuja road on Thursday. The Kogi State sector Commander of the Federal Road Safety Commission (FRSC), Mr Segun Olapade, wh...
The Federal Road Safety Commission said on Wednesday that it had begun mobilising its men and resources to ensure accident-free highway in Anambra during the Easter celebration. The Sector Commander of the commission in the state, Mr Hyginus Omeje, ann...
The management of the NNPC and the Nigerian Police has pledged to join forces in combating the menace of pipeline vandalism and security threats to oil installations in the country. This was contained in a statement issued by the Group General Manager ...
The Nigerian National Petroleum Corporation (NNPC) and the Nigeria Police Force (NPF) have pledged partnership towards combating the menace of pipeline vandalism and security threats to key oil and gas facilities in Nigeria. This resolution was reached...
A federal High Court presided over by Justice Binta Murtala-Nyako, has summoned the Managing Director of the Federal Airport Authority of Nigeria (FAAN), George Uriesi to appear before it next week Wednesday, April 4, 2012 over a ...
In continuance of the tight liquidity management stance, the Central Bank of Nigeria (CBN) plans to issue N917.7 billion of new treasury bills in the Primary Market Auction for the second quarter 2012. The apex bank is also repaying N763.38 billion mat...
Investors' low appetite for stocks on the floor of Nigerian Stock Exchange, yesterday continued to depress equity prices as major capitalised companies suffered price depreciation, resulting to a further slide in market capitalisation by N5 billion...
The Rotary Club of Asokoro (District 9125) has conducted free HIV counselling and tests for students of Nasarawa State University, Keffi. This is just as the club has donated slippers, clothes and other valuables to the Almajiri community in Keffi, whi...
Many Nigerians have been skeptical about the status of the National Open University of Nigeria and this can be said to have stemmed from the fact that it is not operated like the typical traditional university. The criticism cannot be far-fetched as cr...
An elder statesman and chieftain of the ruling Peoples Democratic Party, Alhaji Lawal Kaita, has hit hard on the party over its recent convention which, he said, fell short of the dreams and aspirations of its founders. Kaita, who described the emergen...
Armed soldiers believed to be men of the 1 Mechanized Division, Nigerian Army, have stormed the popular Barnawa Shopping Complex area of Kaduna metropolis and whisked away 33 persons suspected to be Boko Haram members. Thirteen of those seized were Nig...
Despite the claim by the registrar of the National Examination Council, NECO, Professor Promise Okpalla, that there was a slight improvement in the performance of students who took part in the external senior secondary examination of Nov/Dec 2011, the ...