Nigeria’s athletes depart for World Championship

Nigeria’s athletes depart for World Championship

AT last, Nigeria’s junior athletes who have been at the mercy of the Italian Embassy in the country finally left this shores last night for Rome to be part of the World Youth Championship which kicked off on Tuesday. The embassy eventually granted travel visas to the junior athletes after higher authorities prevailed on the Italians who had earlier remained adamant not to do so.
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Yar’Adua, Jonathan, Egwu failing the system — ASUU

Yar’Adua, Jonathan, Egwu failing the system — ASUU

According to him, “The failing University system was resultant from lack of research skills in modern methods — there is disconnect between research and economy; under-funding, which result in constraints of equipment for carrying out state of the art research; over loaded teaching and administrative schedules, which leave little time for research, etc.”

AOCOED’s new masterplan

AOCOED’s new masterplan

To determine the extent/level of distortion; advise on possible review and make suggestion on ways and means of ensuring efficient implementation of the outstanding parts of the plan.

UBA leads ExxonMobil/NNPC $265m upstream financing

UBA leads ExxonMobil/NNPC $265m upstream financing

A consortium of eight Nigerian banks led by UBA, as the lead bank, are in a $265million supplementary refinancing deal for ExxonMobil and the Nigerian National Petroleum Corporation (NNPC). The banks are United Bank for Africa Plc, Oceanic Bank, Standard Chartered Bank, Skye Bank, Zenith Bank, Bank PHB, Access Bank and Union Bank Plc.

NAICOM  embargos new insurance licence, to reduce insurance coys

NAICOM embargos new insurance licence, to reduce insurance coys

Insurance companies operating in the country have the options to freely go into Merger and Acquisition (M & A) or have the law compel them to do so as the National Insurance Commission (NAICOM) says 51 insurance companies operating in the country are too many.

NSE tackles CBN on uniform year-end for banks

NSE tackles CBN on uniform year-end for banks

The Nigerian Stock Exchange (NSE) has called on the Central Bank of Nigeria (CBN) to review its decision on the uniform year-end for banks in the country, urging it to instead, adopt a double year-end for the banks.

Trading normalises, share value dips by N137bn

Trading normalises, share value dips by N137bn

Trading on the Nigerian Stock Exchange (NSE) normalised, Tuesday, as the value of listed equities, driven by losses on the share prices of blue chip companies, dipped by N136.83 billion.

CSR: AP commences second phase donation of crash helmets

CSR: AP commences second phase donation of crash helmets

African Petroleum (AP) Plc, a quoted company on the Nigerian Stock Exchange (NSE) has begun the second phase of donation of helmets to motorcyclist nation wide being part of its Corporate Social Responsibility (C.S.R) in building the nation.

AIG shares continue dive after reverse stock split

AIG shares continue dive after reverse stock split

American International Group Inc. shares continued to plummet one week after the company approved a reverse stock split and as jury deliberations began in a $4.3 billion trial against its former CEO.

FG urged to address relocation of industries to Ghana

FG urged to address relocation of industries to Ghana

The immediate past President of the Association of National Accountants of Nigeria (ANAN), Dr Samuel Nzekwe, has appealed to the Federal Government to work hard to stop relocation of industries from the country to Ghana.

N70b textile funds nonexistent, says Lawmaker

N70b textile funds nonexistent, says Lawmaker

The clamouring and lobbying for the Federal Government’s N70 billion textile revival fund by manufacturers in the textile sector may soon ebb as the money is said to be nonexistent.

Collaborate with other agencies,  Minister charges CRFFN

Collaborate with other agencies, Minister charges CRFFN

Minister of Transport, Alhaji Ibrahim Isa Bio has called on the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN) to partner with other organisations and parasatals under his watch to ensure it fulfil its statutory roles and responsibilities as enshrined in the CRFFN Act 2007.

N600 billion agric fund: Nigerian farmers want fair sharing

N600 billion agric fund: Nigerian farmers want fair sharing

Small scale farmers in Nigeria , under the auspices of the United Movement of Small Scale Farmers have urged the Federal government to ensure proper and fair disbursement of the N600 billion agriculture intervention fund towards rejuvenating the nation’s comatose agricultural sector.