Under the patronage of the President of the Republic, works of the 1st session of the International High-Level Conference on "Building knowledge Economies: Towards Creating Job Opportunities, Promoting Competitiveness and Achieving a Balanced Development", started today.
With few days to the end of the year, the Minister of State for Finance, Mr. Remi Babalola yesterday revealed that only 50 per cent of the nation's 2009 capital budget has been released to Ministries, Departments and Agencies (MDAs).
There are indications that investors from The Netherlands may have indicated interest in ailing Nigerian banks and may be on their way to hold strategic intervention talks with some of the banks next week in Abuja.
Olabisi Onabanjo University (OOU), Ago-Iwoye, Ogun State, yesterday sacked 962 academic and non-academic staff of the university. The Pro-Chancellor and Chairman of the University Governing Council,Chief Alex Onabanjo, announced the sack at a press conference held at Iwe-Iroyin Press Centre, Abeokuta. The pro-chancellor, who was represented by Sina Kawonise, at the conference, further added that ...
As part of its efforts towards transforming Kuje to a modern city, the council chairman, Hon Danladi Etsu Zhin, has revealed that over N200m was spent on the rehabilitation of township roads, apart from various completed and ongoing projects.
Residents of Yenche Village in Kuje Area Council who have never had electricity can now heave a sigh of relief as the chairman of the council, Dr. Danladi Etsu Zhin, has completed a rural electrification project in the village.
Nigeria will see Coca-Cola move out of the country and go to Cote D'Ivoire, and will be part of a list of companies leaving Nigeria, LEADERSHIP learnt yesterday.
The Federal High Court sitting in Kaduna presided over by Hon. Justice M. L. Shuaibu has ordered a Telecommunication Company, Helios Towers, to dismantle and remove its mast located in residential premises in Kaduna, installed without conducting an Environmental Impact Assessment as required by law.
A foreign firm and a Nigerian company have been awarded $230 million contract by the Federal government to construct power plant in Kaduna state. GE Oil & Gas, a world leading company in oil and gas equipment and services and Rockson Engineering Nigeria got the contract for the installation and commissioning of a dual fired (low pour fuel oil/gas) 150-200MW power plant in the state.
Accident Investigation Bureau (AIB) has announced a two-day international safety conference to sensitize stakeholders on ways to curtail future incidents in the nation's aviation industry.
Transactions at the Nigerian Stock Exchange (NSE) yesterday saw investors' wealth rising by N38 billion, occasioned by gains in 24 companies.
There is an indication that housing and environmental protection in Lagos State would gulp over N36 billion in 2010.
The Managing Director of Shell Nigerian Exploration and Production Company, (SNEPCo), Mr Chike Onyejekwe has disclosed that Nigeria earned over N900 billion from Bonga oil field in the last four years.
An economist and former governorship candidate of the All Nigeria Peoples Party (ANPP) in Abia State, Chief Ikechi Emeike, has said that the high rate of kidnapping and economic woes in the country are symptoms of bad governance and leadership failure.
At its first general meeting since converting to a Public Company, recently listed Nigerian IT Solutions Company, Resourcery, has reported its annual financial results for the year ended December 31, 2008.
Men of the Economic and Financial Crimes Commission have arrested four principal officers of Intercontinental Bank Plc over an alleged unauthorised transfer of N12 billion to the embattled former Managing Director and chief executive of the bank, Mr. Erastus Akingbola.
The Government has been urged to speed up the rural electrification programme.
THE New Vision made a slight gain at the Uganda Securities Exchange on Tuesday, trading 4,065 shares worth sh1.8m in turnover.
THE governor of the Bangladesh Bank, Dr Atiur Rahman was in town recently to give a speech about his country's experience on financial inclusion of the poor.
THE recent launch of a $25m (sh47b) agri-business loan scheme provides new opportunities for Uganda's small farmers who in the past were considered too risky for lending.
Lenient sentences are the norm in most countries. Weak penalties, poor border controls, low arrest rates and corruption add to the problem, according to BAT.
THE Uganda Communications Commission (UCC) will today pronounce its position on the uniform interconnection charges to be used by mobile telecommunications operators in the country.
SOME women were arrested in the areas of Bibia and Oraba on the Southern Sudan border wearing thick clothing and heavy perfume. When they were searched, loads of cigarettes were retrieved.
An analysis on the Uganda banking sector has predicted that the sector is "unlikely to repeat recent historic levels of asset and profit growth" because of several recent dynamics in the market.
The Uganda Investment Authority (UIA) will host the third "Home is Best' conference to woo Ugandans in the diaspora to invest at home.
