Amassoma bank robbery death toll rises
The death toll in the aftermath of the vicious attack on the Amassoma branch of the United Bank for Africa in the Southern Ijaw local government area has increased to five.
Why Nigerian banks cann’t make in roads into South Africa, Sanusi
Central Bank Governor, Malam Sanusi Lamido Sanusi, has explained why the Nigerian banks could not make in roads into the South African economy.
Bearish trend persists, share value drops by N22bn
The bearish trend on the Nigerian Stock Exchange (NSE) continued Tuesday, as the value of listed equities appreciated by N22.04 billion.
Omatek set to commence second phase of Ekiti electrification project
Omatek Ventures Plc is set to commence the second phase of its electrification project with the Ekiti State Government.
SAN moves 30 vessels to Nigeria ship registry
The Nigeria Maritime Administration and Safety Agency (NIMASA) has engaged the services of consultants to upgrade its flag register to international standard, even as the Shipping Association of Nigeria (SAN) is to move its 30 vessels hitherto under foreign flag to the nation’s register.
Flemming threatens ANLCA’s election over Shittu’s entrance
By Godwin Oritse THE crisis-ridden Association of Nigerian Licensed Customs Agents may be heading for trouble as one of the presidential candidates, Dr Flemming Momodu has threatened to oppose Prince Olayiwola Shittu’s entrance into the race. Speaking to newsmen in Lagos recently, Momodu said that Shittu cannot be a contestant in an election where he […]
NIMASA, Navy collaborate to commercialise Naval dockyard
The Nigerian Maritime Administration and Safety Agency, NIMASA, and the Nigerian Navy have set up a joint committee with a mandate to develop a workable framework for a public-private partnership towards commercialising the Naval Dockyard in Lagos.
Federal Mortgage Bank spends N102b on 35,000 houses
The Federal Mortgage Bank of Nigeria (FMBN) says it has committed N102 billion into construction of houses since it commenced the National Housing Fund (NHF) Scheme in 1992.
AFAN Chairman calls for presidential initiative on livestock farming
The Chairman, Oyo State branch of All Farmers Association of Nigeria (AFAN), Mr Emmanuel Elegbede, on Tuesday in Ibadan called for a presidential initiative on livestock farming.
PAN to import second hand vehicles
Nigeria’s leading Automobile company, Peugeot Automobile Nigeria (PAN) said Tuesday that it plans to flood the Nigeria auto market with fairly used vehicles which will be certified by the manufacturers as a way of repositioning itself to compete favourably with others.
Yar’Adua can’t be seen
AMIDST palpable confusion that enveloped Aso Rock, following the arrival of recuperating President Umaru Yar’Adua, the outcome of a meeting convened by Acting President Goodluck Jonathan in the place of the weekly Federal Executive Council, FEC, meeting, which he earlier postponed, revealed that since the arrival of Yar’Adua, Jonathan was yet to set his eyes on him.
