When the Sunborn Yatch Hotel, a floating hotel facility, berthed at the Marina waterfront recently, it elicited a lot of excitement among many Lagosians. Many saw it as a spectacular sight to behold, especially it was the first hotel of its kind to float on water in Nigeria.

By Bolaji Owasanoye A number of factors were identified as stifling investments, economic growth and robust business practices in Nigeria. These factors hinder local and foreign investment in core areas such as infrastructure provision, agriculture, real estate to mention a few. One notable feature is the inadequacies or absence of modern laws in virtually all […]

IBADAN – THE Court of Appeal sitting in Ibadan Thursday has nullified the election of Senator Iyiola Omisore representing Osun East Senatorial Constituency in the National Assembly.

By Peter Duru MAKURDI — Men of the Benue State Police Command have apprehended a three-man gang who specialises in snatching cars in the country. The suspects who were nabbed at a routine Police check point in Makurdi town are Noah Onoja, a 25-year-old school drop-out; Godwin Aduma, 27, and Augustine Odeh, a 21-years-old security […]

By Umar Yusuf YOLA— Twelve of the 21 Local Government Areas in Adamawa State are to benefit from the “In Care of the People (COPE) poverty alleviation programme of the National Poverty Eradication Programme (NAPEP). Under the programme, 1,000 households in the selected council areas would benefit from the N72 million released by the Federal […]

GERIAN banks are expected to be recapitalised as soon as possible and the near-to-medium-term outlook for Nigeria’s economy was positive, Central Bank Governor Lamido Sanusi said on Wednesday.

THE Germany Embassy said in Abuja on Wednesday that Foreign Direct Investment (FDI) from that country to Nigeria in 2008 was 138 million Euro. Mr Cord Busche, the First Secretary, Press and Cultural Section, made this known to the News Agency of Nigeria (NAN) at the forthcoming 2ndGerman-Nigeria Business Forum coming up in Abuja from Nov. 9 to Nov. 10.

RETIRED Maj-Gen. Godwin Abbe, the Minister of Defence, said the Federal Government planned to establish an aircraft maintenance centre. Abbe made the disclosure when the Chinese Military Attachéé, Snr Col. Kang Honglin, paid him a courtesy visit in Abuja on Tuesday.  Receiving the attachéé, the Permanent Secretary in the ministry, Dr Ezekiel Oyemomi, who represented […]

From the portents and signals, Nigeria seems not far from the throes of another contrived eruption. Already, there’s a lot of sabre rattling that reminds one of those days in school when the aluta continua slogan was ‘we no go gree o, we no go gree!’ Self appointed champions of the people are already positioning themselves for talk shows, interviews, even street demonstrations where they will rail against the evil of deregulation.

By Ifeyinwa Obi LOKOJA — Nigerian Maritime Administration and Safety Agency (NIMASA) has said it would commence the registration and licensing of boat operators in Kogi State. At least no fewer than 182 boat operators were operating without licences on River Niger in Lokoja alone. It was also discovered that no fewer than 2,000 boat […]