President Umaru Yar'Adua yesterday said the 2010 budget will focus on five critical sectors: Infrastructure, human capital development, land reform and food, security and the Niger Delta.
The Esionwun family of Delta State have asked a Federal High Court sitting in Asaba to dismiss a suit filed by one of their kinsmen, Augustine Jemeriegbe Ayavoro against Chevron Nig. Ltd and Ugborodo Community Trust on the ground that he (Augustine) lacks the authority of the family to file his suit.
AT the closure of the 2009 Abuja Carnival yesterday, Vice President of Nigeria, Dr Jonathan Goodluck prescribed the development of the culture sector as the basis for speedy socio-economic and political growth of the country.
The Investment and Securities Tribunal (IST) has adjudicated on 300 cases with a monetary value of N100billion, in the last 6 years.
Nigerians in Diasporas remitted $10 billion in 2008, indicating a 10 per cent increase to amount remitted in 2007, says a World Bank report.
The revelation that about two million Nigerians face losing their jobs in the auto repairs sector is alarming even if logically predictable.
The Managing Director of International Monetary Fund (IMF), Dominique Strauss-Kahn yesterday said that the global economy's recovery from the effects of the global economic crisis still remains highly vulnerable to shocks and policy missteps.
Office automation and telecommunication solutions provider, Panabiz International Limited has said that it would continue to improve on its effective response time to customers, knowing that it contributes to the business efficiency of any Organization.
Second National Operator, Globacom says it will revolutionise Cote d'Ivoire's telecommunication services to help transform its economy and position the country as one of the most powerful telecommunications market in Africa and indeed the world.
At the just concluded 8th edition of the Nigerian Information Technology and Telecom Awards (NITTA) 2009 held last weekend at the Grand Ballroom, Eko Hotel, Lagos, indigenous smart phone maker, Anabel mobile has won the Best Indigenous Mobile Innovator of the Year.
The Inspector General of Police, Mr Ogbonna Onovo has announced a new welfare package for the rank and file of the police from January next year. Mr Onovo broke the cheering news yesterday while addressing men and officers of the Police at Zone 11 headqauters of the force, Osogbo during a two-day working visit to Osun State.
Globacom Limited, the Official Sponsor of the National Teams of Nigeria has rejected claims by the Nigeria Football Federation (NFF) that it has defaulted in the payment of the sponsorship fee for 2009 and says it may seek redress in court if the federation fails to retract the statement.
FOR the past two weeks, artificial shortage of fuel has been a recurring trend in Ibadan with vehicles remaining on queues for days.
SPEAKER of the House of Representatives, Mr. Dimeji Bankole has said his plans to build three hostel and administrative projects at the University of Agriculture, Abeokuta (UNAAB) has no political undertone.
MR. Emeka Nwokeke is a driver with Chisco, a popular transport company that has buses plying different parts of the country. Emeka left Lagos about 7p.m. penultimate Friday en route Port-Harcourt.
Mr. Frank Nneji is the managing director of ABC Transport Plc. He recently withdrew his luxury bus from plying some parts of the country, citing the poor state of roads in the affected areas. In this interview, Mr. Nneji calls for increased funding for the road sector.
The Speaker of the House of Representatives, Hon Dimeji Bankole has charged the Economic Communities of West African States (ECOWAS) to sanction corrupt leaders within the sub-region.
Air Namibia-Ghana, has commenced direct flights from Accra to Johannesburg, South Africa and Windhoek, Namibia .
The Volta Trade and Investment Fair, ended last Sunday, with various expressions from the exhibiters and participants concerning the event. While some described it as very successful, others said, much more needed to be done by the organisers in future, to make it more successful.
The importance of the agriculture sector to the Ghanaian economy was manifest once again in the 2010 national budget statement presented by the Minister of Finance and Economic Planning, Dr. Kwabena Duffuor, to Parliament on November 18, 2009. The sector grew by 6.2 percent, against a target of 5.7 percent, driven largely on account of good rainfall patterns and by extension of the land under ...
Global e-payment experts who converged at the second E-Payment Providers Association of Nigeria 's Techno-Interactive Conference in Lagos recently, agreed among other issues that the Nigeria Central Switch (NCS) should not be a profit-oriented concern.
The Chairman of the Board of UnityKapital Assurance Company and Managing Director/CEO of Unity Bank of Nigeria Plc, Mallam Falalu Bello, yesterday dropped the hint that the company would get 16 per cent share of the ownership of Transcorp Hilton Hotel, Abuja, in due course.
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 ...
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.
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".
