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Deep-water operations in the Gulf of Guinea is set for a boost by the activities of the Society for Underwater Technology (SUT), which recently established the Sub-saharan Africa branch with headquarters in Lagos.
First indigenous computer company to be quoted on the Nigerian Stock Exchange (NSE), Omatek, has declared its intention to pay N174 million dividend to shareholders of the company for the year ended June 31, 2008.
The minister of state for FCT, Chief Chuka Odom, continued his tour of FCT area councils to assess infrastructural development carried out in the last nine months.
The hit television programme; "Big Brother Africa Revolution" and African private sector companies are supporting the Global Fund's fight against malaria by contributing funds from a high-profile awareness raising campaign, undertaken as part of the United Against Malaria campaign.
Ministries of Works, Education, Defence and Police would be taking a huge portion of the proposed 2010 Appropriation Bill presented to both the Senate and the House of Representatives yesterday by President Umaru Musa Yar'Adua.
Given the increase in the number of death on the nation's roads, coupled with the impact of bad roads on trucks, the Nigerian Association of Road Transport Owners (NARTO), at a joint press briefing with the Petroleum Tanker Drivers (PTD) unit of NUPENG, yesterday in Abuja, threatened to withdraw their trucks if the federal government fails to fix the nation's roads before the next raining season.
President Umaru Musa Yar'Adua has laid the blame for perennial poor budgetary performance at the door step of ministries, departments and agencies (MDAs) who he accused of frustrating the execution of projects under them.
In its effort to help Peugeot Automobile Nigeria (PAN) reduce job losses, support manufacturing continuity and trigger expansion of the company, the Kaduna State government plans to embark on massive patronage of the company's cars as it has made a policy to buy all its official vehicles from PAN.
I had promised to conclude my discourse on the deregulation argument which started last Wednesday, today. I had wanted to use today's arguments to show that deregulation and globalization are simply tools of neo-colonialism.
Vice President, Dr. Goodluck Jonathan has said Federal Government has no other choice than to encourage and "re-stimulate the manufacturing and transport industry in order to promote economic growth.
Two leading candidates in the Anambra 2010 governorship race, incumbent governor, Mr. Peter Obi of the All Progressives Grand Alliance (APGA), and the Peoples Democratic Party (PDP) candidate, Prof. Chukwuma Soludo, have continued the verbal tirades on each other.
EXECUTIVE Secretary, Nigerian Educational Research and Development Council (NERDC), Professor Godswill Obioma has disclosed that the ultra-modern virtual library project embarked upon by his agency has been stalled due to lack of funds to complete the project.
Shell's reentry into the Niger Delta has started yielding expected jumps in production figures as the oil giant prepares to reclaim its status as Nigeria's lead oil and gas producer. Shell Petroleum Development Company (SPDC) weekend declared record gas production for the nation's internal distribution grid targeted at meeting rising industrial and commercial demands in the domestic market.
The Central Bank of Nigeria (CBN) says it has offered for sale N90 billion ($150 million) worth of foreign exchange at the Wholesale Dutch Auction System (WDAS).
The federal government has approved the implementation of a Consolidated Health Salary Structure (CONHESS) for medical health workers in federal medical agencies.
The Federal Executive Council yesterday approved contract for the procurement of 116 cars of Peugeot brand from the Peugeot Automobile Nigeria Limited in the sum of N504, 191, 362.50.
The Governor of Niger State, Dr. Muazu Babangida Aliyu, has declared that the Public Private Partnership initiative is thriving and yielding results in Niger State.
A rights group, Civil Rights Congress (CRC), has challenged Vice-President Goodluck Jonathan's recent declaration as reported in the media that Nigerians will no longer use generators for their industrial and private power needs come next year, adding that it will give the VP N1 million if it becomes a reality.
The cassakero project has targeted the installation of 10,000 small scale bio-ethanol refineries in the 36 states of Nigeria including the Federal Capital Territory (FCT), over the next four years from December 2009 to December 2013 to produce the daily ethanol cooking fuel requirement for 4 million families.
An opinion poll conducted by RMS Group, a multinational market research agency, has shown that Union Bank plc., Intercontinental Bank plc. and United Bank for Africa (UBA), are Nigeria's worst performing banks in 2009.
The National Primary Health Care Development Agency (NPHCDA) yesterday signed a Memorandum of Understanding (MOU) with Galaxy Backbone, an ICT firm, for ICT connectivity for the effective implementation and monitoring of Midwives Service Scheme (MSS).
Stakeholders in traffic management and administration, Mararaba-Nyanya axis, yesterday called for the restriction of heavy duty vehicles on the Abuja-Keffi highway at Kugbo and Nyanya axis.
I want to let every Nigerian know that NITEL was one of the most liquid government companies in this country before government decided to frustrate it out of existence. In this interview with Daily Trust, President of the National Union of Postal and Telecommunications Employees (NUPTE) Comrade Sunday Alasan talks on the best way to reposition the ailing Nigeria Telecommunications (NITEL), the ...
Promasidor Nigeria Limited, the makers of Cowbell, Top Tea and Onga Seasoning, has launched Amila Powdered Juice and Milksy Choco as part of the company's plan to satisfy the customers' need.
Eighteen passengers inside a commercial bus last Friday sustained various degrees of injuries in a fatal accident that occurred at Piri village, along the Abuja-Lokoja highway.
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