Nigeria: Why America is confused
ENtwistle, the ebullient and dynamic Chief Envoy of America here reportedly made this assertion in a media briefing at a private university in Yola, Adamawa State, when asked why his country was blocking efforts by Nigeria to procure arms and ammunition to tackle the Islamist insurgency in the North East. He also alleged that his country’s reluctance to sell crucial military equipment to Nigeria was based on what he described as “human rights violations” by the Nigerian military personnel.
Chukwu, Lawal want Keshi out
Following Nigeria’s 0-1 loss to Sudan in Saturday African Nations Cup qualifier in Khartoum, former Super Eagles’ manager, Christian Chukwu, has asked the team caretaker coach, Stephen Keshi, to resign honourably.
Remittances to Nigeria to hit $21bn by year end
The World Bank Group has projected that Nigeria will in 2014 receive an inflow of $21 billion as remittances from Nigerians living and working abroad. This figure will place Nigeria as the top receipt of foreign remittance in Africa. Nigeria will be followed by Egypt with a projected remittance of $18 billion.
Dangote seeks decisive action on buildings collapse
Chairman of Dangote Cement Plc, Aliko Dangote weekend charged stakeholders in the building and construction industry to come together to confront the menace of building collapse in the country decisively, saying it was time a stop was put to it.
Stanchart-Premise Price Tracker reveals downward trend in prices
The newly introduced Standard Chartered-Premise Consumer Price Tracker (SC-PCT) has revealed a downward trend in consumer prices between August and September.
LAPO increases access to finance with AfDB’s $12m credit
LAPO Microfinance Bank (MfB) has said that the reason behind the $12 million (N1, 980,000,000) African Development Bank’s (AfDB) Line of Credit (LoC) granted it is to increase access to finance for small business owners especially women.
Maternal mortality: WARDC urges political will
The Executive Director, Women Advocates Research and Documentation Center, WARDC, Dr Abiola Akiyode-Afolabi, has urged Government at all levels to deploy resources in addressing maternal mortality and morbidity in the country.
Long-term financing: FG to float Infrastructure Development Bank
The Minister of Finance and Coordinating Minister of the economy, Dr Mrs Ngozi Okonjo-Iweala has disclosed on the sideline of the IMF/World Bank Group Annual Meetings in Washington that the Federal Government’s new economic thrust has been to efficiently channel the country towards becoming a non-oil economy by the time the on-going transformations embarked by the present administration get to an end.
Bank customers defraud their banks —FITC
Financial Institution Training Centre, FITC has said that customers have also been found to be defrauding their banks.
FMBN plans to disburse N48bn NHF loan
Federal Mortgage Bank of Nigeria (FMBN) is planning to disburse about N48 billion loans from the National Housing Fund (NHF) to 10,596 applicants nationwide.
Port Harcourt airport loses N4.7bn cargo revenue annually—Adewunmi
The chairman of PrimePort Logistics ,Mr Femi Adewunmi has said that Port Harcourt international airport in Rivers States , has been losing an annual cargo revenue of about N4.7 billion due to underutilization of the airport by freight forwarders.
