As part of efforts to deepen trade within the Economic Community of West African States (Ecowas) , the Nigerian Export Import Bank (NEXIM) has embarked on a sea-link project that would cost a total of $61.5 million. The project is geared towards settin...
The Minister of Aviation, Stella Oduah–Ogiemwonyi, has commenced the rehabilitation of the domestic wing of the Nnamdi Azikiwe International Airport. This was disclosed by the Assistant General Manager (AGM) Public Affairs, Federal Airports Autho...
Federal Government has said that it will add about N833.33 monthly to Federal workers from grade level 01 to grade level 017, adding that the new minimum wage for grade level 01 step 1 will now be N18.900. The development indicated that about N10.800 p...
Nigeria and the United States of America yesterday pledged their commitment to the implementation of the reforms in the power sector. This was even as they said that they would institute best practices to ensure the optimal performance of the sector. B...
The Minister of Youth Development, Bolaji Abdullahi, has dismissed critics of the co-winner of the reality show, Big Brother Africa, Karen Igho, as sexist. He also said that her visit to his office was formal, a courtesy call to inform him of her victo...
The Governorship Election Petition Tribunal sitting in Makurdi, the Benue State capital, yesterday adjourned its ruling till August 19 in the applications by the Peoples Democratic Party (PDP) which sought to strike-out some of the paragraphs that made...
The Asset Management Corporation of Nigeria(AMCON) says it expects five of the nine banks that were bailed out for $4 billion to call extraordinary general meetings by September 30, so shareholders can vote on recapitalisation deals signed with investo...
The federal government in conjunction with Niger Delta Power Holding Company, afirm in charge of National Independent Power Project yesterday approved a budget of N19 billion as compensation on transmission for farmlands and structures that would be de...
The Senator representing Kwara Central in the Senate and former governor of Kwara state, Dr Bukola Saraki, recently visited the state. Afterwards, he engaged newsmen on how the Senate could drive the nation’s economy through the enactment of laws...
President Goodluck Jonathan has approved the creation of four more mandate secretariats for the Federal Capital Territory (FCT). The secretariats, equivalents of ministries in the states, when inaugurated, would bring the number to 10. The FCT minister...
The minister of the Federal Capital Territory (FCT), Senator Bala Mohammed, has reiterated the commitment of his administration to stamp out illegal activities and sanitise parks within the Abuja metropolis. Chairman, Parks Revalidation/Recertification...
A community leader in Masaka, a suburb of the FCT, Ambassador Williams Yaji has decried the indiscriminate dumping of refuse on the road median, by residents of Karu local government and has urged the police to arrest anyone found in the act as to serv...
The minimum wage controversy has refused to die down in Enugu State even after the government at the center has signed the agreements and other states have started paying. NNAMDI MBAWIKE reports. Few months ago, President Goodluck Jonathan signed the N...
The Society of Petroleum Engineers(SPE) have appointed a Nigerian , Mr. Egbert Imomoh as its new honorary president to oversee its activities till 2013. As president, Imomoh, the chairman Afren plc will lead SPE’s international board of directors...
A subsidiary of Chevron, the third-largest oil producer in the country and one of its largest investors, spending more than $3 billion annually has commenced drilling operations in the Agbami field offshore Nigeria using the Pacific Bora drillship. &nb...