He cannot forget September 12 in a hurry. It was a Saturday, his peace was shatteredthe moment operatives of the Economic and Financial Crimes Commission (EFCC) invaded his Ikoyi, Lagos, residence and arrested him. His crime? He was being picked up on the allegation of ‘419’, he was told. Promptly, the media was... Read more
Nigeria can earn $16billion annually from cassava export
Nigeria November 1, 2015
Nigeria has the capacity to earn $16billion (about N3.2trillion) annually from the export of cassava but all the biggest economy in Africa is able to garner at the moment from the export of the commodity is $1.0million annually (about N200million). The submission made by a report released by the... Read more
The Benue South Progressive Forum has expressed gratitude to President Muhammad Buhari for nominating Chief Audu Ogbeh as a minister in the impending cabinet. A statement signed by Honourable Edache Reuben Ojoje, its National President, explained that the action carried a symbolic import that necessitated their public expression of... Read more
The Ebonyi State Government has denied the claims of some Nigerian newspapers and tabloids that some detained members of the terror group, Boko Haram had been moved to the Abakaliki prisons. The denial was contained in a release by the Chief Press Secretary to the Ebonyi State Governor, Mr Emma Anya. According to... Read more
November 1, 2015 Press Statement The Peoples Democratic Party (PDP) draws the attention of Nigerians to the harmful consequences of the unabated negative statements from the very father of the nation, President Muhammadu Buhari, on the economy and the general image of the country. The party said “it... Read more
New Revenue Laws in the Interest of the People – Umahi
Nigeria October 31, 2015
The State Governor, Chief David Nweze Umahi, has said that the new revenue law introduced by his administration was done in the best interest of the people. Governor Umahi, at a press conference in Abakaliki on Friday, said the taxes were not intended to punish the people but to... Read more
From: Diana Okon-Effiong, Calabar As the Federal Government contemplates the devaluation of the Naira, the Catholic Bishops Conference of Nigeria has warned against such suggestions, saying that no responsible government would ever hand over its currency exclusively to market forces. They spoke under the auspices of Caritas Nigeria... Read more
From: Diana Okon-Effiong, Calabar The Bank of Industry (BOI) has inaugurated its 15th Nigerian office in Calabar and approved a lending facility worth N6.9 billion to Small and Medium Scale enterprises in the state. Speaking at the unveiling of the office, Mr Rasheed Olaoluwa, Managing Director of BOI... Read more
The Nigerian Maritime Administration and Safety Agency(NIMASA) has said it is still on the rescue operation for possible survivors from the vessels collision incident. Ag. Director General of NIMASA, Mr Haruna Baba Jauro, at a news conference in Lagos, said the agency was investigating the cause of the accident... Read more
In line with the change mantra pervading the corporate and political landscape in Nigeria, Union Bank of Nigeria Plc (Union Bank) has unveiled a new brand identity. The refreshed brand which was unveiled at a spectacular launch event in Onikan Stadium, Lagos this week, is in line with Union... Read more
