archive2018

  Following the inauguration of the Steering Board of the Corporate Governance Rating System and its successful inaugural meeting on 12 December 2017; the Board will reconvene on Friday, 19 January 2018 to consider and approve the results of successful Directors and Companies who passed the CGRS certification exercise. The...

  The Nigerian National Petroleum Corporation (NNPC) said on Thursday that explosion ruptured a major Nigerian gas pipeline on Thursday, days after the same line was repaired following damage from a fire that shut it down earlier this month. The Escarvos-Lagos Pipeline was hit by an explosion along Egbokodo-Omadino in...

  Ajayi Crowther University Oyo played host to dignitaries across Nigeria on the occasion of its 7th Inaugural Lecture held at Crowther hall of the University. Prominent among them were, wife of Ondo State Governor, Arabinrin Betty Anyanwu-Akeredolu, Ondo State Attorney General and Commissioner for Justice, who represented Governor Akeredolu,...

  Ekiti State Governor, Mr Ayodele Fayose has berated President Muhammadu Buhari for replacing the sacked National Intelligence Agency (NIA) Director General, Ambassador Ayo Oke with another northerner, Ahmed Rufai Abubakar. It would be recalled that President Muhammadu Buhari on WEdnesday approved the appointment of a substantive Director General for...

  Sterling Bank Plc, on Thursday, announced the voluntary retirement of its Managing Director/Chief Executive Officer, Yemi Adeola, with effect from April 1. He will be succeeded by Abubakar Suleiman, the current Executive Director, Finance and Strategy. Adeola, who was appointed CEO in 2008, notified the bank of his intention...

The Minister of Power, Works and Housing, Mr Babatunde Fashola on Thursday said the Federal Government had concluded plans to involve more Nigerians in meter manufacturing. Fashola spoke while inspecting the National Meter Test Station in Oshodi, Lagos. He said that the measure would reduce the pressure on Electricity Distribution...

  A total of 73 people killed by herdsmen in Benue States of recent were given a mass buried on Thursday highlighting a bloody conflict over fertile land that is taking on political significance. The mass burial took place in Makurdi, in the central state of Benue, where thousands of...

  Dana Air, a subsidiary of the Dana Group of companies, has made the list of top 50 brands in 2017. This makes it the third time in a row that it would make the list. The airline was named among the top 50 at the Brands Nigeria Leadership Forum...

The Lagos State Governor, Akinwunmi Ambode, on Thursday carried out a major cabinet reshuffle, dropping three commissioners and appointing five new ones. In a statement signed by the Secretary to the State Government, Tunji Bello, the three affected cabinet members are Adebimpe Akinsola, Femi Odubiyi and Anifowoshe Abiola. The newly-appointed...

The African Development Bank (AfDB) has refuted media reports that it has called off its $600 million loan to Nigeria. A statement by Senior Communications Officer in the Country Office in Abuja, Fatimah Alkali, in a statement in Abuja on Wednesday refuted the report. The statement says: “The African Development...