archiveMarch 23, 2017

A Lagos State High Court, Igbosere, on Thursday sentenced Okwumo Nwabuzor and his nephew, Olisaeloka Ezike, to death by hanging for killing a postgraduate student, Cynthia Osokogu whom they lured from Nasarawa to Lagos before strangling her in an hotel in Festac Town in 2012. Delivering the judgement, the Judge,...

Nigeria has launched an online system aimed at enabling business executives to apply for a visa online and collect it on arrival 48 hours later, its immigration service said on Thursday. The move to ease visa rules in the West African country follows complaints from foreign executives that obstructive embassy...

A Lagos State High Court, Igbosere, on Thursday sentenced Okwumo Nwabuzor and his nephew, Olisaeloka Ezike, to death by hanging for killing a postgraduate student, Cynthia Osokogu whom they lured from Nasarawa to Lagos before strangling her in an hotel in Festac Town in 2012. Delivering the judgement, the Judge,...

President Muhammadu Buhari has nominated 27 persons as Resident Electoral Commissioners (RECs) of the Independent National Electoral Commission, (INEC). Senate President Bukola Saraki on Thursday read a letter from the presidency requesting the confirmation of the 27 nominees in compliance with the provision of the section 14(3)(a) of the Third...

A total of 11, 363 road accidents were in Nigeria in 2016, the National Bureau of Statistics (NBS) has said. The bureau disclosed this in its 2016 Road Transport Data released on Thursday in Abuja. The report said that speed violation was reported as the major cause of the accidents...

Stanbic IBTC Plc has reported a profit of N28.5 billion in 2016, 51 per cent increase over N18.9 billion recorded in 2015. The Holding company in its 2016 financial year result and accounts to Nigerian Stock Exchange (NSE) said profit before tax gained 57 per cent to N37.2 billion as...

The crisis in the Peoples Democratic Party (PDP) ended on a peaceful note with the feuding parties agreeing to sheathe their swords in the interest of peace. The feat was achieved by the National Reconciliation Committee of the PDP headed by Governor Henry Seriake Dickson of Bayelsa State. The parties...

The Nigerian equities market closed unchanged from previous trading session. The All share index closed 25,514.03 basis points while the market cap dropped 23.4 million to steady at N8.827 trillion. Price movement chart showed 20 stocks gained while 14 declined an indication of improved investors’ sentiments. Lafarge (WAPCO) topped the...

*Presidency, House of Reps parley on how Nigeria can come out of recession Vice President Yemi Osinbajo, SAN, has called on political leaders in the country to commit themselves to doing something collectively and individually that can alter the ways things are done in Nigeria for good. Osinbajo was speaking...

Lafarge Africa Plc, reports in its full-year2016 results progress with its turnaround plan, all its plants are operating at optimal levels, with a significant increase in profit after tax in Q4 2016. Earnings before interest, tax, depreciation and amortization (EBITDA) also increased respectively by 12 per cent and by 288...