A-Ibom Deputy Gov denies  resignation rumour

A-Ibom Deputy Gov denies resignation rumour

AKWA Ibom State Deputy Governor, Engr. Patrick Ekpotu, has denied allegations in the media, that he planned to resign because the State Governor, Chief Godswill Akpabio, was not disposed to fielding him as running mate in the 2011 elections.
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NNPC boss urges Japanese investment in Nigeria

NNPC boss urges Japanese investment in Nigeria

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mr. Asutin Omiwon has challenged Japanese investors to look beyond arms-length and trading relationships with Nigeria by establishing manufacturing plants that will be beneficial to the oil, gas and solid minerals business in the Gulf of Guinea.

UNICEF commends S-East states over Child Rights Act

UNICEF commends S-East states over Child Rights Act

Outgoing Chief of UNICEF, A field office, with headquarters in Enugu, Mrs. Pelucy Ntambirweki, has commended South East states for their commitment to implement programmes aimed at improving the welfare of children in the area through passage of the Child Rights Bill.

Injaro sees growth in West African SMEs

Injaro sees growth in West African SMEs

Africa_focused fund Injaro Investments is raising money to invest in West African businesses too big for microfinance but which are unable to get bank loans, especially in the agricultural sector, its Managing Principal Jerry Parkes said on Tuesday.

Inspirational SMS Starcoms customers  win airtime

Inspirational SMS Starcoms customers win airtime

Winners have begun to emerge in the Inspirational SMS Service introduced by Starcomms Plc., the only telecommunications company listed on the floor of the Nigerian Stock Exchange. Over 40000 customers who subscribe to the service have won airtime worth up to N2, 500.

Equities transactions declined further, index drops 0.69%

Equities transactions declined further, index drops 0.69%

Stock market dipped second day running(Tuesday) by 0.69% as All Share Index continues the downtrend to close at 23,918.11 points. The market capitalisation, representing the net worth of investment traded on the Exchange depleted by N40.93 billion to close on a negative note at N5.86 trillion.

Labour petitions Jonathan over discrete sale of NPA core assets

Labour petitions Jonathan over discrete sale of NPA core assets

SENIOR Staff Association of Communications, Transport and Corporations, SSACTAC, has petitioned President Jonathan, alerting him of how a few privileged, greedy and unpatriotic Nigerians are acquiring land and other assets belonging to the Nigerian Ports Authority principally at the East Mole and Tarkwa Bay areas of Lagos State.

ROBBERY ATTACK: Suspect names Naval personnel

ROBBERY ATTACK: Suspect names Naval personnel

The robbers numbering over eight, as gathered, stormed a Bureau-de-Change office in a Lagos marked vehicle, where they carried out the operation unmolested. Attempts by some policemen from Benin Republic to respond to the fire power of the armed men, reportedly proved abortive.

Nigeria to host AU-NEPAD meeting

Nigeria to host AU-NEPAD meeting

Nigeria is to host the first AU-New Partnership for Africa’s Development (NEPAD) meeting on external debt management in the first quarter of 2011, Mr Goodie Ibru, has said. Ibru, the Chairman of NEPAD Business Group Nigeria, disclosed this when he paid a courtesy visit on the Director-General, Debt Management Office (DMO), Dr Abraham Nwankwo.

Dangote cement seeks merger with Benue Cement

Dangote cement seeks merger with Benue Cement

Nigeria’s biggest cement producer Dangote Cement has applied to the Securities and Exchange Commission (SEC) to merge its operations with Benue Cement , the commission said on Monday.

Jonathan Sacks Service Chiefs, Petirin now CDS

Jonathan Sacks Service Chiefs, Petirin now CDS

PRESIDENT Goodluck Jonathan has approved sweeping changes in the nation’s Armed Forces, with the sacking of all service chiefs, Inspector General of Police, IGP, and Director-General of the State Security Service, SSS.