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Stanbic IBTC has officially adopted a holding company (HoldCo) structure, following final approvals by regulatory authorities. The HoldCo structure is in compliance with the revised regulatory framework by the Central Bank of Nigeria which requires ban...
There was an open argument over completion date for the construction of 3050 megawatts (MW) Mambilla hydro plant and 700MW Zungeru hydro plant, between the federal government and its contracting partners, Sinohydro Corporation and China National Electr...
Tonight, more than 200 years after a former colony won the right to determine its own destiny, the task of perfecting our union moves forward. It moves forward because of you. It moves forward because you reaffirmed the spirit that has triumphed over w...
Barack Obama won re-election on Tuesday night, but the U.S. president faces a fresh challenge confronting the ``fiscal cliff'', a mix of tax increases and spending cuts. The cut that is due to extract some 600 billion dollars from the economy b...
The extraordinary meeting of the ECOWAS Committee of the Chiefs of Defence Staff (CCDS) ended in Bamako last night with a resolution to present conclusions reached to the meeting of Heads of State and Government holding in Abuja later this week. The me...
Oluseun Anikulapo-Kuti is the youngest son of legendary Afrobeat pioneer, Fela. Seun leads his father’s band, the ‘Egypt 80’ to date. In this interview with PATRICK EBI AMANAMA, he speaks on his music, lifestyle, amongst other issues....
The Delta Government will clean up and fumigate the homes of flood victims before they could be allowed to go back to their various communities, Gov. Emmanuel Uduaghan has said. Speaking in Asaba on Tuesday while addressing flood victims at t...
The Nigerian Army on Wednesday in Kaduna said recent raids of identified spots in Kaduna is part of security measures adopted to rid the state of terror and criminals gangs. The Assistant Director, Army Public Relations, 1 Div., &nb...
Against the background of popular tunes from Stevie Wonder and Bruce Springsteen, freshly re-elected U.S. President Barack Obama early on Wednesday rallied his compatriots to unity. Obama also reached out to Mitt Romney, the man he beat to win re-elect...
Republican presidential candidate Mitt Romney conceded the presidential election early Wednesday morning in a brief address to supporters in Boston. Romney told a subdued crowd that he had called Obama to congratulate him on his victory, and he ...
In a sweeping victory speech early Wednesday morning, United States President, Mr. Barrack Obama, has thanked every American who voted for him in Tuesday's presidential election, vowing to work with leaders from both parties to tackle the country&#...
Against all odds, United States President Barack Obama has made history once again after winning the US presidential race against his titanic opponent and Republican Party challenger Mitt Romney, in a closely fought contest. Obama won at least eight of...
The vice-chancellor of the Ahmadu Bello University, Zaria, Professor Abdullahi Mustapha, has announced that three prominent Nigerians and the Emir of Kuwait would be awarded honorary doctorate degrees by the university during its 50th anniversary celeb...
The Senate Committee on Health yesterday lamented that about N80bn is spent annually by Nigerians seeking better medical treatment abroad. Speaking during a budget defence by Ministry of Health and parastatals under their purview, the Chairman of the C...
After his official visit to Jigawa State yesterday, President Goodluck Jonathan returned to Aso Rock at about 4pm with a light itinerary for the rest of the evening. Top on his mind was the election in the US and how it was going to play out: Will it b...