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Fitch has downgraded First Bank of Nigeria Plc's Individual Rating to 'D/E' from 'D'. The agency has simultaneously affirmed the bank's Long-term Issuer Default Rating (IDR) of 'B+', Short-term IDR of 'B', Support Rating of '4' and Support Rating Floor of 'B+'. The outlook on the long-term IDR remains stable. Fitch has also affirmed FBN's national long and short-term ratings of 'A+(nga)' and ...
Super Eagles defender, Danny Shittu has said he is making progress to recover early ahead the commencement of the Nations Cup in Angola next year. Shittu is down with the injury which kept him out of the Super Eagles decisive World Cup qualifying game against Kenya.
The technical adviser of Kaduna United, Maurice Coorman, has described his team's match against Kwara United at home as a disaster. Kaduna United which Coorman coaches lost the game to the visiting team 1-2 on Sunday at the Kaduna Township Stadium.
Over 85 former members of the House of Representatives who served between 2003 and 2007 have handed down a 30-day ultimatum to Speaker Dimeji Bankole to offset their N382.5 million unpaid salaries and allowances or be ready to meet them in court.
The National Drug Law Enforcement Agency (NDLEA) has identified the Ogun State axis as the major route through which illicit drugs are smuggled into Lagos and other surrounding states.
The various strategies to eliminate corruption from the public service must be sustained for the development of the country.The Economic and Financial Crimes Commission (EFCC's) sussested death penalty for corrupt public officers has also been welcome in the anti-graft fight.
An Abuja Magistrate Court yesterday discharged Chief Kenny Martins and three others of a charge of conspiracy and forgery against them which emanated from the Corporate Affairs Commission sometime in October 2009.
Worried by the recent attacks on corps members in some states of the federation, President Umar Musa Yar'Adua has ordered the Inspector-General of Police, Ogbonna Onovo, to provide a twenty-four-hour police protection for corps members nationwide.
Former military president, General Ibrahim Babangida, at the weekend commended the governor of Edo State, Comrade Adams Oshiomhole, for his courageous steps to ensure that the people of the state embraced his new tax policy, describing it as "distintively perculiar".
Nigeria's Minister of Foreign Affairs, Ojo Maduekwe, has said that it was high time all ECOWAS states proved they could tackle the obtacles to the free movement of persons and goods within the region.
The sorry state of roads in the South East has drawn the ire of a youth organisation known as Odimma Ndigbo Youth Movement which has given the Federal Government up till the first quarter of next year to fix all the dilapidated federal roads in the zone or face the wrath of the people.
A former Commissioner of Police for the Federal Capital Territory, Mr. Lawrence Alobi, has made case for the Nigeria Police to adopt a democratic method of policing.
Dr. Mohammadu Danladi Gwampo, the Taraba state commissioner for social welfare, youths and sports has disclosed plans and arrangements for the 2nd Taraba state sports festival scheduled for Sunday November 29 to Saturday December 5, 2009.
The Unified Tertiary Matriculation Examination (UTME) is one of the strategies mapped out by the Federal Government to revamp the education sector, Minister of State for education, Hajiya Aishatu Jubril Dukku, has said.
Vice President Goodluck Jonathan, has said the Federal Government is aware of the key challenges facing the manufacturing sector and is adopting effective measures to enable it regain grounds on a massive scale.
Some lawyers, human rights activists and major stakeholder in the nation's politics have faulted the second term ambition of President Umaru Musa Yar'Adua.
More Nigerians have fled the ceded Bakassi Peninsula following intensified harassment of innocent Nigerians living in the area. About 200 persons who recently escaped death and maiming by the gendarmes have arrived the returnee camp at Ekpri Ikang with sorry stories of intense torture.
The National Working Committee of the Peoples Democratic Party (PDP) yesterday, set up a Campaign Committee for Sen. Iyiola Omisore's re-election for Osun South Senatorial District.
Governor Ali Modu Sheriff of Borno State has warned all commissioners and advisers in his cabinet to accord due respect to his deputy, Alhaji Adamu Yuguda Dibal, or be summarily sacked.
President Umaru Musa Yar'Adua yesterday flewout of the country again to the Kingdom of Saudi Arabia for another round of medical check- up.
Transaction on the Nigerian Stock Exchange reverted to the negative at the opening transactions yesterday, on the heels of a four-day recovery that saw the indicators recording 1.34 per cent growth last week.
As Globacom gets set to launch its Glo Broad Access service, which offers the convergence of advanced voice, advanced data and advanced video in a single wired line today, a brand new revolution seems to be in the offing in the Nigerian telecommunications industry.
That day in the year 2001, the legal community stood still at the sad passing of easily one of the most accomplished legal practitioners of this generation. Chief Chike Chigbue, SAN, OFR was a lawyer who commanded attention both in the court room and outside.
Two weeks ago, a Valedictory session was held for the Chief Judge of the Federal High Court, Mustapha Abdullahi; next week, the President of the Court of Appeal, Umaru Abdullahi will also retire; and next month, the Chief Justice of Nigeria, Idris Legbo Kutigi retires from office. They all left worthy legacies. For the new helmsmen at the three federal courts, the challenge is to bring us up to ...
The debate whether to scrap the rank of Senior Advocate of Nigeria or not has been on since the Annual General Conference of the NBA in Lagos in August, 2009.
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