LATEST ARTICLES

Press Release On Recent FOREX Sanction

The Central Bank of Nigeria (CBN) acknowledges the public interest over sanctions recently imposed on four deposit money banks (DMBs). We wish to restate that the CBN will continue to welcome foreign investments and investors. Indeed, some of our recent innovations and reforms of the Foreign Exchange regime such as the introduction of the NAFEX window, are designed to simplify...

Governor Emmanuel Meets Obong Attah On Airport Mro Project

Ndifreke P. Akpan (Govt House) Governor Udom Emmanuel has described former Governor, Obong Victor Attah as a man of vision who has maintained a strong passion for the development of Akwa Ibom State. While receiving a report on the Assessment of the Maintenance, Repairs and Overhaul unit of the Ibom International Airport, from the initiator of the project, Obong Attah in...

Amaechi Not Responsible For Abe’s Political Woes – APC Chieftain

A chieftain of the All Progressives Congress (APC) in Rivers State, Chief Eze Chukwuemeka Eze, has insisted that the Minister for Transportation, Rotimi Amaechi, is not responsible for the political woes of Senator Magnus Abe (Rivers Southeast). He described the remark by Abe, who is also the Chairman of the Senate Committee on Federal Roads Maintenance Agency (FERMA)), that nobody...

FG Suspends National Carrier Project

The Federal Government of Nigeria has announced the suspension of the national carrier project. The decision was disclosed by the Minister of State for Aviation, Senator Hadi Sirika on Wednesday in Abuja The Minister who said the decision was strategic dismissed claims that the suspension was due to pressure from stakeholders and the political atmosphere. Details later… (the nation)

APC Shift Primaries To September 25

The Presidential Primaries of the All Progressives Congress earlier scheduled for Thursday, 20th September will now take place on Tuesday, 25th September, the party has said. A statement signed by the National Organizing Secretary, Emma Ibediro also announced the shift in date of all other primary elections from the earlier date, with the governorship primary now scheduled to take place...

Six Final Year Students Killed At Graduation Party

Nine persons including six final year students of the Edo State own university, the Ambrose Alli University, Ekpoma, have been killed at a graduation party. The party was held at Ihimudun road, Ekpoma in Esan West local government. It was gathered that three of the dead persons were former students of the institution invited to the party while others just concluded their final...

Africa’s Entertainment And Media Industry Enters Dynamic New Wave Of Convergence – 3.0

By 2022, total E&M revenue in South Africa is expected to reach R177.2 billion, up from R129.2 billion in 2017 JOHANNESBURG, South Africa, September 19, 2018/ -- Africa’s entertainment and media industry has entered a dynamic new phase - a third wave of convergence. The borders that once separated the entertainment and media (E&M), technology and telecommunications industries are blurring...

APC Stakeholders Threaten To Support PDP Over Governorship Slot As Ambassador Steps Down For Senatorial Aspirant

Akpan Etukudoh Asare Stakeholders from the Cross River Northern Senatorial Forum (CRNSC) has threatened to move their political supports to the ruling PDP in the state because of the perceived alliance against the district to block them from producing Governor to complete their tenure of eight years. They have described as gross injustice meted against them by their party, the APC,. They...

African Development Bank, Mariner Investment Group, And Africa50 Price Landmark $1 Billion Impact Securitization

Structured as a synthetic securitization by Mizuho International, Room2Run transfers the mezzanine credit risk on a portfolio of approximately 50 loans from among the African Development Bank’s non- sovereign lending book, including power, transportation, financial sector, and manufacturing assets MONTREAL, Canada, September 19, 2018/ -- With “Room2run,” AfDB Launches Securitization Market for Multilateral Development Bank Sector Transaction is in Direct...

Call For The Investigation Of The Activities Of Arm Pension Managers Limited/Demand For The Immediate Payment Of The 25 Percent RSA Of Our President

No 4 Mission Road, Orji, Owerri, Imo State September 19th  2018 To The Chairman, National Pension Commission (PENCOM) Abuja Sir CALL  FOR THE  INVESTIGATION OF THE ACTIVITIES OF ARM PENSION MANAGERS LIMITED/DEMAND  FOR THE  IMMEDIATE  PAYMENT OF THE 25 PERCENT RSA OF OUR PRESIDENT The Youths for Human Rights Protection and Transparency Initiative (YAPTI) is demanding for the investigation of the activities of Arm Pension Managers Limited, a Pension...