Fraud: AfDB imposes 3-yr ban, $18m fine on Chinese firm

Fraud: AfDB imposes 3-yr ban, $18m fine on Chinese firm

Africa Development Bank (AfDB) has imposed a three year debarment on China First Highway Engineering Co. Ltd. following its admission of fraudulent and collusive practices in an AfDB-financed project. The bank also levied a financial penalty of $18.86 million on the company to support anti-corruption projects on the continent.
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NNPC Tennis  Masters: Bulus rebounds to beat No.1 seed

NNPC Tennis Masters: Bulus rebounds to beat No.1 seed

Christopher Bulus from Lagos rebounded from a first round robin loss to Tochukwu Ezeh from Onitsha to beat Chris Itodo from Kaduna 9-8 . Itodo will have to beat Ezeh and David Amusu from Lagos to finish first.

54 soldiers sentenced to death for mutiny

54 soldiers sentenced to death for mutiny

The General Court Martial sitting at the Army Headquarters Garrison in Abuja Wednesday sentenced 54 soldiers to death after finding them guilty of mutiny. 59 soldiers were on trial on a two-count charge of criminal conspiracy to commit mutiny and mutiny.

Emenike’s book on entrepreneurship tackles unemployment

Emenike’s book on entrepreneurship tackles unemployment

Nigerians desiring to beat challenges of unemployment and become self reliant in a poor economy, can now heave a sigh of relieve as the book, “Entrepreneurial Spirits Through the Seventeen Success Principles of Napoleon Hill”, has been launched. The book written by renowned businessman and philanthropist, Chief Poly Ike Emenike (MON and Odenigbo Nanka), the Managing Director, NEROS Pharmaceuticals Limited, was penultimate week at the Nigerian Institute of International Affairs, Lagos, presented to the public.

16-year-old wins PZ Cussons Chemistry Challenge

16-year-old wins PZ Cussons Chemistry Challenge

16 year- old Justin Ifeanyi Nwaoha, an SS3 student of ISOLOG College, Ojodu, Lagos State, has won the second edition of the PZ Cussons Chemistry Challenge (PZCCC).
Justin, with a cumulative score of 72 per cent in both theory and practical sessions of the intensive final, was rewarded with N700,000 cash, a laptop, a trophy and gold medal. His Chemistry teacher, Mr. Mayowa Adeoti, went home with N100,000 and a plague, while Chemistry books worth N100,000 were also presented to his school.

US cinemas cancel film parody of N.Korea leader after threats

US cinemas cancel film parody of N.Korea leader after threats

US cinemas canceled screenings, including a red-carpet New York premiere, of a madcap comedy ”The Interview” that offended North Korea, after mysterious computer hackers issued a chilling threat. Hollywood studio Sony Pictures said it is not pulling the film, but is leaving it to theater chains to decide whether to show the movie, which depicts […]

Court Martial: 59 soldiers to know fate tonight

Court Martial: 59 soldiers to know fate tonight

There were indications Wednesday night, that the General Court Martial sitting at the Army Headquarters Garrison trying 59 soldiers for conspiracy to mutiny will deliver judgment but stern looking soldiers posted at the entry gate into the Mogadishu Barracks, turned journalist away, saying they had instructions not to allow the media into the barracks.

FG explains challenges in 2014 budgets

FG explains challenges in 2014 budgets

The Minister of Finance, Dr Ngozi Okonjo-Iweala, on Wednesday named oil pipeline vandalism as one of the challenges in the achievements of revenue projections for 2014 budget.

Bet9ja to sustain rewarding passion

Bet9ja to sustain rewarding passion

Buoyed by its success in the last two years where it has emerged as the top sports betting company in Nigeria, the management of Bet9ja has vowed to sustain the tempo with a promise to always reward its agents and pay bonus promptly.

Appiah shows Keshi the way

Appiah shows Keshi the way

Former Ghana coach Kwesi Appiah has taken over at Sudanese club SC Khartoum on a two-year contract.

Gunboats belong to NIMASA not Tompolo – Navy

Gunboats belong to NIMASA not Tompolo – Navy

The Nigerian Navy said the gunboats that were alleged to belong to ex-Niger Delta militant leader, Government Ekpemupolo, actually belonged to the Nigerian Maritime Administration and Safety Agency (NIMASA).

I will proudly serve Nigeria with Buhari – Osinbajo

I will proudly serve Nigeria with Buhari – Osinbajo

Professor Yemi Osinbajo, who emerged the running mate to the All Progressives Congress Presidential candidate, Gen. Muhammadu Buhari, has said that he will proudly serve Nigerians with Buhari if elected in ofice come 2015.