Police rob Ajasa
Narrating his ordeal, the bitter rapper said, ‘they were wearing the police jacket with ‘Police’ written on it. So, I decided to slow down on the highway and eventually stopped. Ordinarily, I wouldn’t have stopped if not for the police jacket I saw.
Jefferson: I’ve been vindicated – Atiku
By Chris Ochayi ABUJA – Former Vice-President Atiku Abubakar said yesterday that he has been vindicated on the acquittal of former Congressman, Williams Jefferson following charges on plans to compromise him (Atiku). Atiku made the remarks while reacting to the judgment of the Jury in the United States of America, which convicted former Congressman William […]
AMNESTY: Anatomy of an ill-conceived initiative
INDICATIONS are that the amnesty granted Niger Delta militants who have successfully shut-in 1.32 million barrels per day of Nigeria’s crude oil production may fail to achieve the objective for which it was designed if major acts of sabotage against oil and gas facilities recorded since the announcement was made by President Umaru Yar’Adua is anything to go by.
Scarcity of funds reemerges as cost of funds rises
Scarcity of funds has reemerged in the interbank money market causes a rise in cost of funds.Interest rate on Call lending which was stable at 10 per cent last week rose to 11 per cent, while interest rate on Collateralised Lending or Open Buy Back (OBB) rose to 7.8 per cent from 7.3 per cent. Interest rate on Seven days lending also rose to 12.63 from 12.2 per cent while 30 days lending increased to 142. To 14.7 per cent.
.. as Nigeria receives blueprint on doubling maize
Maize researchers have presented a blueprint on doubling maize production to the Nigerian government. The blueprint, which contained empirical facts and recommendations, proved that the oil-rich nation could double maize production and called for the strengthening of the country’s seed system to tackle the food crisis confronting the world.
Implement ECOWAS protocol on movement of goods, services
STAKEHOLDERS and participants, who attended the just-concluded the International Agricultural Business Summit, organised by the Nigerian Economic Summit Group (NESG) in collaboration with the Kwara State Government and AgroNigeria, which held Ilorin have endorsed the integration of the West African market as a critical factor in agricultural development and commodities trading.
IITA steps up efforts to save African cassava
THE International Insti tute of Tropical Agriculture (IITA), in partnership with the Institut de Recherche Agronomique de Guinee (IRAG), stepped up efforts to save native African cassava varieties from genetic erosion with the collection of 73 local cassava varieties from Guinea Conakry.
Starcomms challenges NCC on interconnect rate reduction
Managing Director of Starcomms Plc, Mr Maher Quiben has challenged the Nigerian Communications Commission, NCC to reduce interconnection rates between the CDMA operators and their GSM counterparts, to encourage more industry improvements.
UNIBEN to screen 35,000 candidates for post UME
A statement in Benin yesterday by the University’s Head, Public Relatins and Protocol, Mr. Eddy Akpomera, said the candidates qualified for the screening exercise are those that have uploaded their information on the University’s website.
C-River acquires aircraft to boost tourism
This comes as the state government is making desperate efforts to upgrade facilities at Bebi airstrip through installation of navigational facilities, such as runway lighting and instrument landing system
PDP denies ‘one-party state’ agendum
THE Peoples Democratic Party (PDP) yesterday denied allegations that it plans to turn Nigeria into a one-party state, saying that those who have joined it from the opposition political parties were only moved by the good works of the PDP at the federal and state levels.
Bunkering: Nigeria loses $56b annually to Angola, Coat D’Ivoire
Nigeria loses about $56 billion annually for bunkering service to 177,000 ships sailing from Singapore to United State of America (USA) and Europe to Angola and Coat D’Ivoire because of its unattractive ports operation.
Chukwu begs Okocha to stop come-back dream
Former Super Eagles coach, Christian Chukwu has said that Austin Okocha should not be compelled to come out of retirement to salvage Nigeria from missing out on a place to among the 32 nations that would grace the soccer fields of South Africa, when the World Cup comes to Africa for the first time in 2010.
AC warns Aondoakaa over Lagos LCDAs
By Olasunkanmi Akoni LAGOS – The Action Congress (AC) has warned the Attorney-General of the Federation and Minister of Justice, Mr. Michael Aondoakaa, not to plunge the country into an unnecessary crisis by misleading President Umaru Yar’Adua and nudging him to a needless face-off with Lagos State, over the creation of the 37 local council […]
Dangote emerges 17th NSE president
Dangote, until his election, was the First Vice President of the NSE, emerged the President, following his appointment by the NSE Council members in Lagos.
N-Delta people marginalised – POLL
By James Ezema LAGOS – An independent survey by a Lagos-based research and marketing firm, RMS Limited, has shown that a majority of Nigerians believe that the Niger Delta people are marginalised even as loss of revenue from reduced crude oil output, scaring of potential investors and lack of infrastructural development were mentioned as the […]
