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Why Lagos jerked up subvention to LASU, others — Ambode

Why Lagos jerked up subvention to LASU, others — Ambode

Governor Akinwunmi Ambode of Lagos State, yesterday, said that the increase in subvention to the Lagos State University, LASU, and others tertiary institutions in the state was to make them citadel of excellence that could compete favourably with others worldwide.

Delta power consumers issue 7-day ultimatum to BEDC

Delta power consumers issue 7-day ultimatum to BEDC

ABUJA — AS power supply in the country continues to worsen, electricity consumers in Delta State under the auspices of Electricity Consumers Forum, last week gave the Federal Government a 7-day ultimatum to restore power supply in Udu Local Government Area of Delta State.

PDP lawmakers divided over Sheriff’s 2019 presidential bid

PDP lawmakers divided over Sheriff’s 2019 presidential bid

A proposal that the embattled National Chairman of Peoples Democratic Party, PDP, Senator Ali Modu Sheriff, sign an undertaking not to contest the 2019 presidential ticket in 2018 threw a meeting of the party’s National Assembly members into an uproar yesterday.

Nissan grabs 34% stake in Mitsubishi Motors

Nissan grabs 34% stake in Mitsubishi Motors

Nissan Motor Co., Ltd., and Mitsubishi Motors Corporation have signed a Basic Agreement to form a far-reaching strategic alliance between the two Japanese automakers. Nissan will take a 34% equity stake in MMC for 237 billion yen. The strategic alliance will extend an existing partnership between Nissan and MMC, under which the two companies have jointly collaborated for the past five years.

What to look out for when buying used cars

What to look out for when buying used cars

Second hand vehicle buy-ers always look forward to acquiring vehicles that will give them value for money. Since they cannot afford to pay the huge price for brand new cars, they always look for vehicles that would be easy to maintain, durable, reliable, with array of comfort features and attractive to the eyes.

Financial sector workers urged to obey NLC on strike

Financial sector workers urged to obey NLC on strike

THE National Union of Banks, Insurance and Financial Institutions Employees, NUBIFIE, yesterday, asked bank workers to comply with the directive by organised labour to stay at home from tomorrow should government fail to reverse the hike in the pump price of petrol.

N838m loan: Bank files winding-up petition against firm

N838m loan: Bank files winding-up petition against firm

First Bank of Nigeria Limited has filed a winding up petition against a limited Liability company Omatek Computers Limited, which deals in computer accessory, seeking to recover a loan of N838,337,562.69, granted the firm.

PMS price hike: Labour, FG parley deadlocked

PMS price hike: Labour, FG parley deadlocked

THE Nigeria Labour Congress,NLC and its affiliate body,the Trade Union Congress,TUC, Monday,vowed to press ahead with its industrial action, scheduled to commence tomorrow if the Federal Government fails to reverse to old pump price of petrol.

Osun hails EFCC’s invitation of Aregbesola’s accusers

Osun hails EFCC’s invitation of Aregbesola’s accusers

The Osun State government yesterday said invitations to fake petitioners and paid agents of destabilization will put an end to frivolous petitions in Nigeria.
Citing Friday’s invitation by the Economic and Financial Crimes Commission, EFCC, to the Civil Societies Coalition for the Emancipation of Osun, CSCEO, over its petition alleging diversion of funds belonging to local councils in the state by Governor Rauf Aregbesola, the Bureau of Communication and Strategy in the Office of the Governor in a statement signed by its Director, Semiu Okanlawon, said the self-appointed civil society group is a group that had been making bogus claims against

Jaiz Bank obtains national licence

Jaiz Bank obtains national licence

Jaiz Bank Plc is set to spread its operations to all state of the federation, as it has obtained a national banking licence from the Central Bank of Nigeria, CBN.

Zakary Baraje of Plateau United fired

Zakary Baraje of Plateau United fired

Nigeria premier league club Plateau United have sacked coach Zakary Baraje and replaced him with former skipper Victor Wickadason, according to officials.

3 start-ups to showcase software Nigeria in Paris 2016

3 start-ups to showcase software Nigeria in Paris 2016

Those who believe that software Nigeria cannot compete globally should better have a rethink as 3 best Nigerian technology start-ups will tell Nigerian software story at the Viva Technology Startup Connect Paris 2016.