archiveJanuary 2017

The Nigeria Customs Service (NCS) has intercepted 661 pump action rifles in Lagos. The items, concealed in a 40-foot container number PONU 825914(3)45G1 were seized along Mile 2 Oshodi/Apapa Expressway by the officers and men of the Federal Operation Unit ( FOU) Zone "A" Ikeja . The guns were imported...

Equities  section of the Nigerian Stock Exchange (NSE) opens this week negative on Monday when the All- Share Index and market Capitalisation dropped by 0.42 per cent respectively. Leading market indicator, the All-Share Index closed at 26,217.18 bases points after it depreciated by 111.04 basis points or 0.42 per cent...

There was a mild drama at the venue of the Kogi State Staff Screening Appeal on Monday when Imo State-born Alalonu Vivian Chinyere Salawu, confessed how one-time Deputy Governor of the State, Dr. Philip Salawu, approved her appointment as Medical Officer on Grade Level 13 Step 6 despite having only...

  *Social Investment Micro-Credit targets over 1m Nigerians in first year cycle *Homegrown School Feeding Programme makes good progress In consolidation of the Buhari Presidency’s Social Investment Programmes (SIPs), the Federal Government has so far disbursed 23,400 loans to beneficiaries in 13 states & Federal Capital Territory (FTC) under the...

The Nigerian hospitality report 2017 which has officially been launched by Jumia Travel, has shown that the country generated 97 per cent of its tourism revenue from domestic travel in 2016 while foreign travel accounted for 3 per cent. Kushal Dutta, MD of Jumia Travel Nigeria stated this while over...

The Central Bank of Nigeria (CBN) said it has issued queries to Deposit Money Banks (DMBs) in the country over inaccurate data on foreign exchange transactions. The acting Director, Corporate Communications, CBN, Mr. Isaac Okorafor in a circular issued on Sunday, explained that DBMs of recent have forwarded inaccurate data,...

General Overseer of Omega Fire Ministries, Apostle Johnson Suleman has asked the Federal Government to compel Kaduna State Governor, Mallam Nasir El-Rufai to produce Fulani herdsmen to whom money was paid so as to disabuse the minds of Nigerians that Christians are not the target of President Muhammadu's administration. The...

n Lokoja, capital of Kogi State, erupted in jubilation on Friday as Governor Yahaya Bello gave a graphic detail of how the state was able to raise its monthly Internally Generated Revenue (IGR) from N400 million to N1 billion within one year of his administration. The jubilation was same in...

Ecobank Nigeria has enlisted the services of three fleet management companies to handle its transport services on Pay As You Go basis for its Lagos operations. The partnering companies include Uber, AA Rescue, and Car4U. Under the new arrangement, the Bank has concessioned its pool car services and its erstwhile...

Deloitte has predicted that cyber ponzi schemes, such as the Mavrodi Mondial Movement (MMM), will continue to be on the rise and could culminate in advanced cyber attacks this year even as MMM had made its landmark in the country. NIYI OLAOYE reports With fresh investigations that the money spinning...