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The management of NigComSat Limited has appealed to the House of Representatives Committee on Science and Technology to prevail on the Federal Executive Council (FEC) to approve the utilisation of $500 million (N59 billion) concessionary loan for the construction of NigComSat 2 and 3 advanced series.
Finance Minister Trevor Manuel yesterday added his voice to warnings that the ruling African National Congress's (ANC's) leftist allies risked damaging the national economy by pressing for policies that would dampen growth and drive away desperately needed foreign investment.
Glen View 5 Primary School in one of Harare's high-density suburbs is deserted. Classrooms are empty, desks and chairs are piled up in corners and instruction charts are peeling off the walls. Yet, the school's third term is in full swing.
THE fuel shortage has worsened, forcing dealers to raise pump prices and ration the products.
Khartoum has long maintained a studious silence over its suspicions that the Kenyan government was assisting the Sudan People's Liberation Army (SPLA), which governs the semi-autonomous south of Sudan to replenish its armament.
International Trade Union Confederation, an amalgam of workers in five continents, yesterday set agenda for Edo State Governor, Comrade Adams Oshiomhole, and urged him to bring to bear the value of the trade union movement in his activities and policy pronouncements.
Indications have emerged that the Nigerian Telecommunications Ltd (NITEL) may not get a core investor in February 2009 after all.
As reactions continue to trail the presidential elections in the United States of America, Nigeria has been urged to begin to educate citizens on the need to adopt the electronic voting method.
LAWYERS for Rand Merchant Bank (RMB) lobbied hard with other senior counsel at the Pretoria High Court yesterday to keep the provisional curator's report on the collapse of online brokerage Dealstream under wraps.
Nigerian Telecommunications Limited (NITEL) shareholdings conceded to workers of NigComSat, Investment International London Limited (IILL) and NITEL from the government's share of 49 per cent may alter the plan to privatise the first national carrier.
On Tuesday, the General Court Martial (GCM) in Kaduna sentenced to life imprisonment Major Suleiman Alabi Akubo and five other soldiers for selling arms to the Movement for the Emancipation of the Niger Delta (MEND).
INADEQUATE funding to the agriculture sector has hindered agricultural productivity, the animal husbandry state minister has said.
THE Minister of Water and Environment Maria Mutagamba, on Tuesday commissioned the Kasambira Water System project in Kamuli district.
Senator Kaka Malam Yale (ANPP-Borno) has said that the creation of a Ministry of Niger Delta by President Umaru Yar'adua would bring peace in the region.
Today's scheduled presentation of the 2009 budget by President Umaru Musa Yar'adua to a joint session of the National Assembly has been postponed indefinitely.
The current drive by First Bank Plc, to improve investments in the agricultural sector in Plateau state through the offer of credit instruments to farmers has not been hampered by the N1 billion already sourced from the bank by farmers as the facility is still open for access.
Nigerian Christian preachers have been urged to preach true Christianity in order to overcome the various developmental challenges facing the nation rather than exposing their congregations to the pretext of seeking prosperity and breakthroughs.
The Securities and Exchange Commission [SEC] yesterday denied a statement credited to its director general Musa Al-Faki that the Nigeria Stock Exchange is controlled by a clique, saying the story was a figment of the reporter's imagination.
The new entrant into the telecommunication business in Nigeria, Etisalat has promised to partner with the Local Organising Committee (LOC) for Nigeria 2009 FIFA Under-17 World Cup to enhan-ce the success of the soccer fies-ta next year.
Miscreants have been warned to desist from vandalising parts and structures of the Niger Bridge, as the bridge has lately been speculated to be on the verge of collapse before end of the year. The Director General, National Emergency Management Agency (NEMA), AVM. Mohammed Audu-Bida (rtd), gave the warning when experts from the Federal Ministry of Transport during went on inspection of the bridge ...
The Nigerian Nuclear Regulatory Authority (NNRA) and the United State Embassy in Abuja are collaborating to search for nuclear and radioactive substances scattered in the country. US Ambassador to Nigeria, Robin Renee Sanders yesterday donated nuclear radiation detection equipment to the Nigerian government worth $100,000 (about N1.1billion) to search for the sources.
An expert in Human Resource Development has explained why having a degree no longer guarantees a good job in Nigeria, saying this is partly due to the high number of graduates currently produced and the quality of education offered which does not match the required skills in the industries.
The Managing Director and Chief Executive of Oceanic Bank International Plc, Dr. Cecilia Ibru was yesterday honoured in Accra, Ghana with the Kwame Nkrumah African Leadership award.
The leading telecommunications company, MTN Nigeria, has signed an agreement for the provision of wide Area Network(WAN) solutions to support 21 Central Bank of Nigeria (CBN) branches across the country.
Dr Abba Sayyadi Ruma, the Minister of Agriculture and Water Resources, has called for revamping of the nation's rubber industry for it to serve as a major source of foreign exchange.
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