archiveMarch 20, 2018

President Muhammadu Buhari has approved negotiation for $15 billion loan for the completion of work on the Port Harcourt – Maiduguri rail project. This was disclosed by the Minister of Transportation, Rotimi Ameachi, after a closed door meeting with President Buhari at the Presidential Villa, Abuja. He also said that...

The Peoples Democratic Party (PDP) on Tuesday said a recent report issued by Amnesty International (AI) has vindicated its stance that the President Muhammadu Buhari-led presidency and the All Progressives Congress (APC) must be held responsible for the abduction that took place in Dapchi. Over 100 school girls were abducted...

Crude advanced to a three-week high as the OPEC-led alliance of major oil producers accelerated the timeline for curbing a worldwide supply glut. Futures in New York climbed as much as 2.4 percent on Tuesday. Global crude supplies will come into balance with demand by the end of September, sooner...

Contrary to a Bloomberg's report claiming that Milost Global Inc plans to invest USD1 billion in Unity Bank Plc, the Bank has unequivocally stated that it has not reached any agreement with Milost to warrant such speculation. A statement from the Bank signed by the Head, Corporate Communications, Mr. Matthew...

  600 more jobs commitment from employers About 150 trainee graduates of the Lagos State Employment Trust Fund (LSETF) skills acquisition scheme under the Lagos State Employability Support Project (LSESP) organized in conjunction with the United Nations Development Programme (UNDP), have secured immediate employment following their successful graduation in the...

    Former French President Nicolas Sarkozy was being held in police custody on Tuesday for questioning by magistrates looking into allegations of Libyan funding for his 2007 election campaign, an official in the French judiciary said. A lawyer for Sarkozy could not be reached immediately for comment. France opened...

    Promasidor Nigeria Limited, makers of Cowbell Milk, Top Tea, Onga and other quality products, at the weekend, honoured 254 of its employees who have put in several years in its service. The award ceremony, which was held in Lagos, brought together the company’s employees, relatives and distributors from...

Heritage Bank Plc, Nigeria’s most innovative banking service provider, has achieved the Information Security Management Certification from International Standards Organisation (ISO). According to a press statement from the bank, the certification, also known as the ISO 27001: 2013, is part of the ISO 27000 family of standards which helps organisations...

…Targets 7% growth in the next three years …Ogun State has attracted over $2bn investments - Amosun   The Honourable Minister of Finance, Mrs. Kemi Adeosun, disclosed on Tuesday that the Nigeria’s economic outlook for the year 2018 and beyond was positive. She stated that the country was now resilient...