BREAKING: New National carrier unveiled as Nigeria Air Minister of State for Aviation, Hadi Sirika on Wednesday unveiled the name of Nigeria’s national carrier, as well as the logo at the Farnborough International Airshow in London. Sirika said the national carrier is Nigeria Air. During the unveiling, the minister said, “this will be a National Carrier that is Private...... read more
Buhari's Finance Minister get Bank chairman appointment despite certificate forgery scnadal Nigeria’s embattled finance minister, Kemi Adeosun, has been elected chairperson of the board of the African Export-Import Bank amid a certificate scandal she has faced in the last one week. Mrs Adeosun was elected during the annual general meeting of AFREXIMBANK in Abuja. The bank, which is celebrating its 25th anniversary,...... read more
Ciroma, ex-CBN Governor dies at 84 Former Governor of Central Bank of Nigeria, Adamu Ciroma is dead. Family sources said the elder statesman died in an Abuja hospital on Thursday after a protracted illness. Mr Ciroma, a former minister of finance, passed on at the Turkish Nizamiye Hospital, Abuja, where he had been hospitalised since last week....... read more
Internet Subcribers in Nigeria hit over 100 million -NCC The Executive Vice Chairman, Nigerian Communications Commission (NCC) Prof. Umar Danbatta on Tuesday described the growth of the internet as enormous with the number of users reaching 103 million in May. Danbatta, who was represented by Mr Haru Alhassan, the Director, New Media and Information Security of NCC, said this in...... read more
TRAGEDY! Million-naira goods destroyed as fire raze Azare market in Benue Traders at the Azare Central Market in Katagum Local Government Area of Bauchi State have been counting their losses as a large portion of the market was gutted by fire on Sunday. The inferno which started around midnight was said to have lasted till around 8:00 am on Monday. Although no lives were...... read more
Cost of rice set to shoot up again as FG plans to shut down borders over smuggling The Federal Government has disclosed that it would shut down the land border between Nigeria and a neigbouring country in a few days time to avoid smuggling of foreign rice into the country. The Minister of Agriculture and Rural Development, Chief Audu Ogbeh made the disclosure in Abuja on Monday while...... read more
Customers confer Dangote as most admired African brand Dangote Group, Nigeria, has been voted the most admired African brand, of African continent origin, by consumers beating the telecommunication giant, MTN. This is according to the South African based Brand Leadership Movement in collaboration with the Johannesburg Stock Exchange (JSE). The Dangote brand which is also the leading brand in...... read more
GTB: Supreme Court didn’t ask us to pay N14billion to Innoson Guarantee Trust Bank Plc, has debunked the story that the Supreme Court has ordered it to pay Innoson Group a whopping N14billion within two weeks as a result of the ongoing court case between them. A report, had gone out that the bank was asked to pay the amount into an...... read more
BREAKING: Pay Innoson N14billion before two weeks, Supreme Court orders GTB Guarantee Trust Bank (GTBank), must cough out N14billion in the next 14 days with which to settle Innoson group, Nigeria’s first indigenous vehicle manufacturing company, with which it has been at loggerheads, the Supreme Court, ordered on Thursday. The nation’s highest court, reached the decision by striking out the banks appeal...... read more
Innoson saga: GTB MD’s inexperience, tribalism to blame – Gabros *Buhari must intervene The inexperience and tribalism of the top echelon of the Guarantee Trust Bank (GTB), is at the root of the current problem between the bank and embattled Chief Executive Officer (CEO) of Innoson Motor Manufacturing (IMM) company, Chief Innocent Chukwuma. This was the conclusion of Chief Gabriel Chukwuma, foremost industrialist, football...... read more
Uncertainty as new tax on Tobacco, Alcohol drinks kick-starts New excise duty for alcoholic beverages and tobacco earlier approved by President Muhammadu Buhari will take effect from Monday, June 4, 2018, says the Federal Government. The Minister of Finance, Mrs Kemi Adeosun, in March announced that the president had granted a grace period of 90 days to manufacturers of the...... read more
After demolishing her shop, Anambra woman boozes herself to stupor *Obiano has killed me It is better to die of booze than live in penury, were the emotion-laden words of a woman, who lost her shop to the demolition exercise being carried out by the Anambra State Government, to give a facelift to parts of its major cities. The woman, who was pictured rolling on...... read more
Return of National carrier: Airline Operators gear up for war against FG Domestic airline operators in the country have threatened that they will stop paying value-added tax from June 14. In a statement under the aegis of Airline Operators of Nigeria, the operators said the federal government’s decision to float a national carrier is counterproductive. “The AON has resolved that effective June 14,...... read more
BREAKING: Deputy Governor quits CBN, eyes Oyo Guber seat The Central Bank of Nigeria (CBN) deputy governor in charge of Operations, Adebayo Adelabu, will resign his appointment with effect from July 15. Mr Adelabu whose disengagement notice has already been accepted by President Muhammadu Buhari, has indicated interest to join the gubernatorial race in his home state, Oyo. In an...... read more
Panic in Onitsha, Awka as Gov Obiano serves 'Okada' Riders quit notice in Anambra Governor Willie Obiano of Anambra State has given commercial motorcycle riders popularly called “Okada riders” in Onitsha and Awka until July 1, to vacate the two cities. The directive of the governor was contained in a statement on Wednesday in Awka. The statement signed by Mr James Eze, the Chief Press...... read more
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