Ogun speaks on land ceded to Lagos

Ogun speaks on land ceded to Lagos

Ogun State government has broken its silence on the 500 hectares of land allegedly acquired by Lagos State government in Egua in Yewa North Local Government Area of the state, explaining that its counterpart paid N5 million for the land.
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Emergency Rule: Populism rules in the House

Emergency Rule: Populism rules in the House

The House of Representatives is expected to follow its populist inclinations today when it considers the proclamation on the state of emergency in the three states of the Northeast.

NAUTH denies crisis; disowns CPP

NAUTH denies crisis; disowns CPP

UMUAHIA—Management of Nnamdi Azikiwe University Teaching Hospital, NAUTH, Nnewi, has dismissed the purported leadership crisis in the hospital.

Sovereign Wealth Fund takes off with $1bn grant

Sovereign Wealth Fund takes off with $1bn grant

Nigeria Sovereign Investment Authority, NSIA, yesterday announced the allocation of $1 billion (about N155 billion) take-off capital to the three statutory funds through which it would achieve its operational objectives.

Nigeria to host African business women’s advocacy forum

Nigeria to host African business women’s advocacy forum

Vital Voices Global Partnership and Women in Management, Business, and Public Service (WIMBIZ) have announced that they will host the Supporting Public Advocacy for Regional Competitiveness (SPARC) Program and Forum in Lagos.

AMCON to complete sale of nationalised banks by 2014

AMCON to complete sale of nationalised banks by 2014

The Asset Management Corporation, AMCON, yesterday, said it would wind up its operations by the year 2023.

Speaking in an interview in Lagos, Mr. Mustafa Chike-Obi, Managing Director/Chief Executive Officer, AMCON, also disclosed that it will complete the sale of the three nationalised banks — Enterprise Bank, Keystone Bank and Mainstreet Bank — by third quarter of 2014.

Doctors react to alleged detention of patients in hospitals

Doctors react to alleged detention of patients in hospitals

In recent times, there have been several reports of Nigerian hospitals holding patients hostage following inability of the latter to settle their treatment bills. This practice, which has been observed in public and private hospitals has elicited concern among health watchers and the populace to a far extent.

Nigeria earns N2.6trn from crude export in 3 months

Nigeria earns N2.6trn from crude export in 3 months

Nigeria earned about $16.609 billion (N2.641 trillion) from the export of crude oil in three months — between January and March 2013, according to data released by the Central Bank of Nigeria, CBN.

Top 10 performing stocks

Top 10 performing stocks

Among the top ten stocks that enjoyed investors’ patronage are Courteville Business Solution (CBS) Eterna Plc, UTC Nigeria Plc, DN Meyer, International Breweries plc, Costain, National Salt Company (NASCON), Ikeja Hotel, Livestock Feeds and IPWA Plc.

Parts dealer jailed 10 years over female accountant’s kidnap

Parts dealer jailed 10 years over female accountant’s kidnap

AN Asaba High Court has sentenced one Kola Abiola, a motor spare parts dealer, to 10 years imprisonment, having found him guilty of conspiracy and kidnapping a female accountant in the state civil service, Mrs. Dorothy Amafoh, on March 15, 2010 at Ezenei Avenue, Asaba.

20% Nigerians feed on less than $1 daily – POLL

20% Nigerians feed on less than $1 daily – POLL

A new poll results released by NOI Polls Limited has revealed that only about 2 in 10 (19 percent) Nigerians spend less than $1 a day on food while 80 percent spend over N160 ($1) daily.

Experts seek improved manpower for child health care

Experts seek improved manpower for child health care

HEALTH experts have called for heightened efforts to tackle malnutrition in children, through enhancing and improving childcare manpower base in the country by training and re-training of primary healthcare providers and paediatricians.