The United States, US-based National Democratic Institute, NDI, and International Republican Institute, IRI, yesterday, urged the Federal Government to commence fully implementation of the recommendations of Uwais Commission and Nnamani Committee’s reports without further delay. The joint international observer delegation, which stated this in the preliminary report on Saturday’s governorship and House of Assembly … Read more
Ikorodu Boys have mimicked Patoranking by recreating the moment he stepped out from a white car and started dancing in Miami, Florida. See the photos here that got Nigerians laughing out so loud!!
Some April-loading Angolan crude cleared on Monday while some fresh tenders were issued and were expected to mop up some Nigerian BP sold a cargo of Kissanje to Unipec. BP was previously offering the cargo at dated Brent plus $1.30 a barrel. The deal price did not immediately emerge but it was below $1 … Read more
Zimbabwe’s central bank governor on Monday said the exchange rate for the new transitional currency is unlikely to remain at 2.5 per U.S. dollar by the time tobacco auctions open next week, suggesting the local unit will be devalued further. The southern African nation faces a dearth of dollars that has caused shortages of fuel, … Read more
The 737 line, which has flown for more than 50 years, is the world’s best selling modern passenger aircraft and viewed as one of the industry’s most reliable. However, the 737 Max 8 aircraft has only been in commercial use since 2017. The engine is a bit further forward and a bit higher in … Read more
The African Development Bank (AfDB) and Sophia University in Japan, have signed a Memorandum of Understanding, MoU to promote capacity development within the two institutions for their mutual benefit and the entire African continent. “It is our sincere wish that this day will be an opening of bright future possibilities for all of us. … Read more
The Award Winning Producer and Mavins Boss has revealed he co-produced a certain song with American Rapper Kanye West He disclosed the news via his Instagram page just a day after Kim Kardashian posted the video of a choir making a rendition of the song, with a live band. She had captioned the video, “Sunday … Read more
The downward trend of the Nigerian Stock Exchange (NSE) which followed the announcement of the presidential election two weeks ago persisted yesterday with investors losing N108 billion. Trading results showed that market capitalisation which represents investors’ worth on the Exchange declined by N108 billion to close at N11.797 trillion from N11.905 billion on Friday. Similarly, … Read more
The Nigeria Employers’ Consultative Association, NECA, has called for improved border policing to complement the foreign exchange (forex) restriction on textile importation. It will be recalled that the CBN last week banned the sale of forex to importers of textile materials. Reacting to the development, Director-General of NECA, Mr. Timothy Olawale, said: “The decision … Read more
The federal government needs to do more than improving the nation’s Ease of Doing Business (EoDB) ranking to attract Foreign Direct Investment (FDI). Analysts at Lagos-based investment firm, Afrinvest Plc, stated this stressing that attaining higher World Bank’s Ease of Doing Business (EoDB) ranking is insufficient to attracting foreign direct investment (FDI). They stated … Read more
MultiChoice Nigeria said it has launched a pop-up channel for the fourth season of the Big Brother Nigeria, BBN show on DSTV and GOtv. The pop-up channel according to a press statement from Multichoice opened on March 1, 2019 and will run till March 31, 2019. The channel is on DStv channel 198 and … Read more
Global report on the advertising industry has projected that Media and Entertainment (M&E) will drive growth of advertising (ad) in Nigeria by 12.1 per cent. The report released by Group M, a WPP media investment group, a British advertising and public relations company, made this projection while updating its 2018 and 2019 ad investment … Read more
The Rector of Yaba College of Technology, YABATECH, Engr. Obafemi Omokungbe and 11 other distinguished Nigerians have been announced as recipient of this year’s African Gold Merit Awards. Among the 11 persons that will receive the award along with Omokungbe are Atte Oloruntoba Timothy; Barr Benson Ndakara; Dr. Samson U. Samson; CP. Tunde Ladipo; … Read more
Access Bank Plc yesterday announced it had signed a subordinated syndicated loan agreement for $162.5 million to fund its five-year strategy of becoming Africa’s gateway to the world. A statement from the bank said: “The facility has been arranged by FMO, the Dutch development bank, and is provided together with BIO (Belgian Investment Company … Read more
Stakeholders who gathered at the just- concluded maiden edition of the Nigerian Infrastructure Development Awards, NIDA, held in Lagos, have emphasized the need for rapid infrastructural development across the country to ensure national development. The theme of the event organized by Prospers Strategy Limited was Solid Infrastructural Backbone as Catalyst for National Development. In … Read more
The Commissioner of Police, Lagos State, CP Zubairu Muazu, has appointed DSP Bala Elkana as the new Police Public Relations Officer, PPRO, Lagos State. The new PPRO who took over from Chike Oti yesterday, enlisted into the Nigeria Police in 2003. He holds a Bachelors degree in Law (LLB), Master’s Degree in Peace Studies and … Read more
The Independent National Electoral Commission (INEC) has declared winners in 21 of the 29 states where the governorship election held on March 9. The ruling All Progressives Congress (APC) has 13 states ahead of the Peoples Democratic Party (PDP) which has eight. The exercise has been declared inconclusive in five states while collation was ongoing … Read more
Residents of Awoyaya in Ibeju-Lekki, Lagos, have again called on the management of Eko Electricity Distribution Company, EKEDC, to rescue them from unending break down and repairs of it bad transformer. The residents lamented that the development have severely crumbled business activities in the area, forcing them to rely on generators as their main source … Read more
Lagos State Alliance for Democracy, AD, governorship candidate in the just-concluded elections, Chief Owolabi Salis has rejected the results, alleging that All Progressives Congress, APC, colluded with workers of the Independent national Electoral Commission, INEC, manipulate votes. At a briefing in Lagos yesterday, Salis said: “I am not accepting the result of this election … Read more
Barely 24 hours after Independent National Electoral Commission, INEC, declared gubernatorial and House of Assembly election results in Lagos, State Signage and Advertisement Agency, LASAA, yesterday began removal of campaign posters and banners across the state. The clean-up exercise with deployment of LASAA personnels’ to Alausa Secretariat, Ikeja. At the Secretariat, it was learned … Read more