New U.S. Visa Renewal Process‏ Announced

  A new visa renewal process called Expanded DHL Drop Box Visa Programme has been announced for U.S. visa applicants. This programme will allow certain applicants who have previously been issued U.S. visas to renew their visas without attending an

Obanikoro Advocates for Military Reforms

The Minister of State for Defence, Musiliu Obanikoro has stressed the need for a national retreat aimed at transforming the Nigerian military and retooling its capacity to deal with modern day security challenges. According to a report by the press

Skye Bank Pays N3.96b Dividend to Shareholders

Skye Bank Plc has paid the sum of N3.96 billion as dividend to its shareholders, translating to 30 kobo per share for the year ended December 31, 2013. The chairman of the bank, Mr. Olatunde Ayeni, disclosed this on Wednesday

CBN Wants Financial Literacy Taught in Nigerian Schools

Nigeria’s apex bank, Central Bank of Nigeria, CBN, said it would partner with the Federal Ministry of Education to develop a financial literacy curriculum. The Director, Consumer Protection Department of the bank, UmmaDutse, said this at a news conference in

NACIMMA to Hold Dialogue on Shipping Gridlock, June 2014

  The national president of Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Alhaji Mohammed Badaru Abubakar, has recently stated that the association will be holding a national dialogue session for a day purposed to address the

Pension Contributory Asset Hits N4.3 Trillion

Nigeria’s contributory pension asset hits a whooping N4.3 trillion, the Pension Operators Association of Nigeria, PenOp said on Tuesday. The asset belongs to about six million workers in various ministries, departments and agencies, MDAs. The National Chairman of the group,

Nigerian Electricity Regulatory Commission Fix New Electricity Tariff for N750

    The Nigerian Electricity Regulatory Commission has announced a N750 fixed charge. NERC Chairman, Dr. Sam Amadi, announced in Abuja that the new tariff would take effect from June 1 as provided for in the Multi-Year Tariff Order. He

NOI Polls Appoints Dr. Bell Ihua as Chief Operating Officer

    NOI Polls Limited confirms the appointment of Dr. Bell Ihua, as the company’s new Chief Operating Officer. This was made known in a press statement issued by the Abuja poll agency. Dr. Bell Ihua joined NOI Polls as

Honeywell Group and USTDA Sign Grant Agreement to Aid N31 Billion Sagamu Power Plant Project

  Honeywell Group and United States Trade Development Agency (USTDA) have signed a Grant Agreement for a feasibility study. This will be in order to facilitate the completion of its proposed N31 billion Sagamu Independent Power Plant Project. The grant,

Late Nollywood Icon Amaka Igwe to be Buried in June

    Late Nollywood Icon and film-maker Amaka Igwe, who passed away on the 28th of April 2014 will be laid to rest on Friday, June 13th 2014 at Ndiuche Arondizuogu in Imo State, her marital home. Various events preceding

NGO Claims World Economic Forum for Africa, WEFA, Attract $68 Billion Investments in Nigeria

An Abuja-based non-governmental organisation, Freedom Organisation of Nigeria, FON, yesterday, Monday, May 19, 2014, revealed that the just concluded World Economic Forum for Africa, WEFA, had attracted over $68 billion investments in Nigeria. Frank Ohwofa, the Chairman of the non-governmental

Lagos Port to Receive 21 Ships Between May and June

    The Nigerian Ports Authority (NPA) says it is expecting 21 ships laden with various goods to berth in Lagos between May 20 and June 4, 2014. According to a Bulletin published by News Agency of Nigeria(NAN), NPA said

Federal Government to Provide Telecoms Company With N1.5 Billion Bond for Broadband

The Federal Government has revealed it will provide a subsidy to telecommunications operators to enable them to roll out 20,000km of optic-fibre cable in certain areas of the country between 2014 and 2015. The Minister of Communication Technology, Mrs. Omobola

Nigeria May Begin Payment of Allowance to Unemployed Graduates

Nigeria’s Federal Government may begin to pay allowances to unemployed graduates should a recommendation be given regarding this at the ongoing National Conference and accepted by the Federal Government. The move is reported to have been suggested by the Committee

Former UBA Capital CEO, Rasheed Olaoluwa Appointed CEO of Bank of Industry

  The former Group Chief Executive Officer of UBA Capital Plc, Rasheed Olaoluwa, has been appointed the new CEO of Nigeria’s Bank of Industry, BoI. Olaoluwa’s appointment came following the retirement of Dr. Evelyn Oputu, who retired as CEO of

NCAA Raises Airworthiness Benchmark

The Nigerian Civil Aviation Authority has raised the benchmark for the airworthiness of all flying aircraft in the country. Subsequently, any commercial aircraft which government officials do not authorize due to safety issues, cannot carry passengers of any category. The

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