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ACN attacks Jonathan over Salami’s removal

The Action Congress of Nigeria, ACN, on Monday, accused President Goodluck Jonathan of violating his oath of office by appointing an Acting President of the Court of Appeal, after the controversial removal of the substantive holder of the office, Ayo Salami, by the National Judicial Council.
Updated 7 Years ago

Armagh Firm secures £100,000 concrete contract

An Armagh-based company Concrete Batching Systems Ltd has secured a £100,000 contract in Nigeria with support from Invest Northern Ireland.
Updated 7 Years ago

State governors reject Sovereign Wealth Fund

The governors of the 36 states of the federation have opposed the implementation of the Sovereign Wealth Fund, declaring it illegal two months after the bill was passed into law.
Updated 7 Years ago

Lagos floods: Insurers put losses at N30bn

The losses that followed the floods that ravaged most part of Lagos State on Sunday, July 10, 2011, have been estimated at over N30bn.
Updated 7 Years ago

Power Roadmap: NACCIMA Flays FG on Slow Implementation

The Nigerian Association of Chambers of Commerce and Industry Mines and Agriculture (NACCIMA) has berated the slow pace of implementation of the Federal Government’s Power Roadmap launched by President Goodluck Jonathan in 2010.
Updated 7 Years ago

Naira Gains at Parallel Market on Restriction Removal

The Naira appreciated significantly against the dollar at various parallel market points visited in Lagos Monday as a result of the removal of the limit placed on supply of the greenback to Bureaux De Change (BDC) operators from autonomous sources last weekend.
Updated 7 Years ago

Shell to Export 1m tons LNG Gas to S’Korea

About one million tons out of 5.64 million tons of the gas to be exported to South Korea annually, under a long-term Liquefied Natural Gas (LNG) supply agreement, which the country entered last week with energy giants, Royal Dutch Shell and Total, would come from Nigeria.
Updated 7 Years ago

ETB, Sterling Bank Set to Merge

In furtherance to the Transaction Implementation Agreement (TIA) signed by the management of Sterling Bank Plc and Equitorial Trust Bank Limited (ETB), both institutions Monday revealed plans to merge their business operations.
Updated 7 Years ago

The Princess of Goge Africa

AT a time when the Nigerian airwaves was dominated by programmes of foreign culture, Isaac and Nneka Moses came up with Goge Africa, a tourism and cultural TV show aimed at showcasing African heritage to the rest of the world.
Updated 7 Years ago

Gbenga Adeyinka goes Gbamu Gbamu

WHO would have thought many years ago that Gbenga Adeyinka would join the league of top rated Nigerian comedians? In fact, when he appeared on the scene, stand up comedy was dominated by the likes of Ali Baba, Okey Bakassi and others.
Updated 7 Years ago

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