The United Arab Emirates (UAE) has expressed its readiness to deepen economic ties with Nigeria toward promoting investment and trade between both countries. Dr Fahad AL-Taffaq, the United Arab Emirates (UAE) Ambassador to Nigeria, made this known in his address to commemorate the 48th National Day of the UAE on Tuesday in Abuja. He said … Read more
The Banker Magazine has once again selected leading African financial institution, United Bank for Africa (UBA) Plc as the “African Bank of the Year 2019”. This is the second time, UBA has clinched the prestigious award, having been named Best African Bank of 2017 by The Banker magazine. This year, UBA also won best bank … Read more
The United States on Monday threatened to impose tariffs of up to 100 percent on $2.4 billion in French goods in retaliation for a digital services tax it says is discriminatory. French sparkling wine, yogurt and Roquefort cheese are on the list of goods that could be targeted as soon as mid-January after a report … Read more
The Nigerian Stock Exchange (NSE) has granted the application filed by the board of International Breweries Plc for the listing of its proposed rights issue on the platform. The breweries giant is planning to raise fresh funds of up to N164.4 billion by selling shares to its existing shareholders at a unit price of N9 … Read more
Ebonyi State Governor, David Umahi has declared support to the Federal Government’s closure of the nation’s borders, commending President Muhammadu Buhari for his courage in taking the action. Gov. David Umahi made the declaration on Monday at Onueke, Headquarters of Ezza South Local Government Area (LGA) while declaring open the Central Bank of Nigeria (CBN) … Read more
The Nigerian Shippers Council (NSC) in partnership with the Federal Road Safety Corps (FRSC) has stressed the need for investments in truck transit parks (TTP) to curb accidents and gridlock. The agencies spoke at a sensitisation programme tagged ‘Truck transit parks: a panacea for crash-free haulage operations in Nigeria’. NSC’s Executive Secretary, Mr. Hassan Bello, … Read more
The South African Police Constable, Austin Reynold, who robbed and killed a Nigerian, Emeka Okoli, was on Monday sentenced to 32 years in prison by a Durban High Court. Ekohotblog understands that Reynold was sentenced three days after he was found guilty of robbing and killing the late Okoli during an illegal raid in the … Read more
The Akwa Ibom State government on Monday arrested 180 persons and secured court judgment against 18 others for gender-based violence. Commissioner for Women Affairs and Agriculture Glory Edet who disclosed this to journalists in Uyo, the state capital, listed the offences to include rape, child abuse, molestation and wife battery, adding that the passage of … Read more
Former US President Jimmy Carter has been admitted into hospital in South Georgia, just weeks after he had an operation on the brain at Emory University Hospital in Atlanta. His new ailment was identified as urinary tract infection. “He is feeling better and looks forward to returning home soon,” the Carter Center said in a … Read more
Lagos State Governor, Mr. Babajide Sanwo-Olu, has assured the business community that the State Government has concluded plans to improve infrastructure around industrial zones communities in the state. The Governor said all necessary amenities that can enhance the growth of businesses in the State will be put in place. Sanwo-Olu made this declaration on Monday … Read more
The Federal High Court, Abuja, on Monday, dismissed the Police Service Commission (PSC)’s suit, challenging Inspector-General Muhammad Adamu’s power to recruit 10, 000 police officers. Justice Inyang Ekwo, who delivered the judgement, said the PSC’s suit lacked merit. Ekohotblog understands the Police Service Commission had taken the Nigeria Police Force (NPF) to court over the … Read more
Russia and China on Monday launched a giant gas pipeline linking the countries for the first time, one of three major projects aimed at cementing Moscow’s role as the world’s top gas exporter. Presiding by video link-up over an elaborate televised ceremony, Russian leader Vladimir Putin and Chinese counterpart Xi Jinping hailed the “Power of … Read more
Union Bank has emerged the Best Company in Environmental Excellence award, and the SERAS Innovation Prize at the 2019 Sustainability, Enterprise and Responsibility Awards (SERAs). The Bank also emerged 2nd runner up in the Most Responsible Company award category at the formal ceremony which took place recently in Lagos. Following a rigorous vetting of its Corporate Social Responsibility (CSR) and sustainability … Read more
Three persons have been confirmed dead in a plane crash on the north side of the San Antonio International Airport in Texas late on Sunday. According to NBC Chicago, the plane was on its way from Sugarland to Boerne when it developed engine problems and diverted to the San Antonio International Airport, the report added, … Read more
The Senate, this week, achieved the seemingly difficult task of uniting Nigerians when it proposed a bill seeking the death penalty for hate speech offenders. People from all walks of life, proletariats and bourgeoisies irrespective of the political divide, joined forces to condemn such an anti-human rights move. Football has been the only unifying factor … Read more