The Federal Government yesterday disclosed that a total of N25 billion had been paid to contractors handling the Subsidy Reinvestment and Empowerment Programme (SURE-P) projects. The beneficiary contractors include, Dantata & Sawoe Contructio...
The Managing Director of the Nigeria Electricity Liability Management Ltd (NELMCO) Dr Sam Agbogun, said that the company needed more than N330 billion to settle creditors of PHCN before a smooth and full privatisation could take place. Agbogun told the...
The newly appointed Managing Director of the Nigerian Sovereign Wealth Fund Authority (NSWFA), Mr. Uche Orji, has said he would spend the fund on local infrastructure. Orji a former Goldman Sachs Group Inc. (GS) and UBS AG (UBSN) banker sai...
In a bid to check criminal activities in hotels in Nigeria, the Nigeria Tourism Development Corporation (NTDC) yesterday unveiled plans to create an electronic data base of all staff in Nigeria’s hotels as a way of tracking the work h...
The naira fell for a third day against the dollar on the Nigerian interbank market as import demand increased. The currency fell 0.2 per cent to N158.5 a dollar in Lagos. The naira has advanced 2.4 per cent this year, the best performer in Africa accor...
Loveline Obiji became the fourth Nigerian woman to claim gold at the Paralympic Games in Powerlifting after claiming victory in the -82.50kg competition.
World Bank President Jim Yong Kim on Tuesday in Abidjan said rapid growth in West Africa could be achieved with less conflict and more focus on education and skills development. Speaking to newsmen after the inspection of training facilities for ex-com...
The Minister of Police Affairs, Navy Capt. Caleb Olubolade (rtd), has urged Nigerians to support the police in the fight against crime. Olubolade made the call on Tuesday in Abuja at a workshop organised by the Community Policing Campaign of Nigeria (C...
National Planning Minister Shamsudeen Usman said on Tuesday that the proposed N5,000 note would not be for normal circulation but would be reserved for banks and heavy cash users. The minister said this in an interview with the State House Corres...
The Ekiti State University, Ado-Ekiti, on Tuesday wore a mournful look following the murder of Mohammed Sani, a senior lecturer in the Faculty of Law. Sani, who holds the Otunba chieftaincy title of Isinbode, a community in the ...
Vehicular queues for petrol in many states across in the country continue to lengthen in most filling stations amidst reported scarcity of the commodity. A survey by the News Agency of Nigeria (NAN) across the states shows that the scarcity has caused ...
Mr Labaran Maku, the Minister of Information, on Monday in Abuja appealed to university administrators to do more to checkmate the declining standard of university education in the country. Maku made the appeal when Prof. Shamsudeen Amali, the Vice Cha...
Gov. Isa Yuguda of Bauchi State on Tuesday warned that the state government has no room for corrupt, indolent and incompetent people. Yuguda gave the warning in Bauchi while swearing-in Sole Administrators for the 20 Local Government Councils in the st...
Unknown gunmen on Monday night shot dead Alhaji Mohammed Salisu, the secretary of Bama Local Government Council (LGC) in Borno, at his residence on Damboa Road in Maiduguri. Neighbours told newsmen in Maiduguri that the deceased was killed alongside hi...
Prof. Attahiru Jega, the Chairman, Independent National Electoral Commission, on Tuesday said electronic voting would be possible in 2015 if the National Assembly include it in the current constitutional amendment. Jega said this in Nsukka on Tuesday a...