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Manchester United boss, Sir Alex Ferguson has branded yesterday’s 6-1 humiliation to neighbours Manchester City as ‘our worst ever day’. After going 1-0 up through Mario Balotelli in the first half, City took full advantage of Jonny E...
Hon. Ibrahim El-Sudi represents Kurmi/Sardauna/Gashaka Federal Constituency of Taraba State in the House of Representatives. In this interview with Chibuzo Ukaibe, he reflects on the state of the nation. Nigeria recently clocked 51. Some persons ...
Following the UN report indicting Shell (a major oil company in Niger-Delta) over its operations particularly in the Ogoni land, the Senate, deliberated on the cleanup fund of $1billion. Chibuzo Ukaibe, captured the issues raised. Last week, the Senate...
The recent arrests and arraignments of former governors Gbenga Daniel of Ogun State, Aliyu Akwe Doma of Nasarawa State, Otunba Alao-Akala of Oyo State and Danjuma Goje of Gombe State by the Economic and Financial Crimes Commission (EFCC) are raising du...
Shareholders of Flour Mills of Nigeria Plc have endorsed the company’s plan to raise N28.245 billion from the Nigerian capital market through rights issue.The company is seeking to raise N28.245 billion from the market through the issuance of 455...
The Nigerian Stock Exchange has begun market segmentation exercise that will categories the quoted companies by industry, market capitalisation and whether they are growth or income stocks.The Chief Executive Officer of the Exchange, Mr. Oscar Onyema, ...
A total of $9.05 billion, about N1.4 trillion was sold by the Central Bank of Nigeria (CBN) at the Wholesale Dutch Auction System (WDAS) during the third quarter of 2011.Liquidity position in the financial system was further tightened with the withdraw...
The Federal Inland Revenue Service (FIRS) has disclosed that the total tax yield with the inclusion of Petroleum Profit Tax (PPT) from January to September, 2011 stand at N3.37 trillion a ratio of 64 to 36 of oil and non-oil revenue collections.The PPT...
As part of efforts to bridge the housing deficit in the country, Messrs UACN Property Development Company (UPDC), the property development subsidiary of UAC Nigeria Plc, has concluded arrangements to float a real estate investment of N40 billion bond.T...
Minister of the Federal Capital Territory (FCT), Senator Bala Mohammed, has decried the low quality of houses in some mass housing estates in the city and has described the situation as unacceptable.The minister said this at the weekend during his inve...
Deputy Senate President Ike Ekweremadu has advocated that Nigeria dedicate 26 percent of its annual budget to funding education in order to revamp the sector and accelerate Nigeria’s quest for national development.Senator Ekweremadu made the call...
Imo State Governor, Owelle Rochas Anayo Okorocha will today sign a new minimum wage of N20, 000 agreement with the organised labour in the state.This is scheduled to hold at the state secretariat on Portharcourt road, Owerri.The amount represents...
The Election Petitions Tribunal sitting in Benin City, the Edo State capital, Saturday, threw out the petition brought before it by Mr. Philip Oshioma Esede of the Labour Party (LP) challenging the election of the incumbent lawmaker, Hon Philip Shuaibu...
Chairman-elect of the Action Congress of Nigeria (ACN) in Yaba Local Council Development Area (LCDA), Olajide Jimoh has blamed the federal government for the lack of development at the local government level, calling for a change in the revenue sharing...
The Peoples Democratic Party (PDP) House of Representatives member representing Balanga/Billiri, Federal Constituency of Gombe State, Hon. Yusuf Manu Swa, was yesterday declared winner in the just concluded by-election conducted by the Independen...