Federal Government may recoup its money from debtor power distribution companies by calling on their bank guarantees.
Friday, 7 August 2015
Lagos woos foreign investor,pledges better business environment
The Lagos State Government is wooing foreign investors with promises of a safe and profitable business environment.
Davido meets Rapper Future,Hits another international collaboration
Nigerian singer Davido has been in the States for few days now. While on the road, the singer had the opportunity of meeting and working with Atlanta hip-hop artiste Future.
Ex-FRSC boss buys off goverment 7-day old N13M Jeep as scrap,paying N150K
A former Corps Marshal of Federal Road safety Core,Haladu Hananiya,is in trouble for allegedly paying N150,000 for a brand new Toyota Land Cruiser SUV worth N13million.
I’m not indebted to FCMB – Uzodinma
Senator Hope Uzodinma has said that he is not indebted to First City Monument Bank Limited, insisting that he neither borrowed from the bank nor was notified of any indebtedness by FCMB.
Buhari begins probe of Jonathan’s goverment
A total probe of the administration run by immediate former president, Dr Goodluck Ebele Jonathan is underway as the National Economic Council, NEC, Ad-hoc Committee on the Management of Excess Crude Account Proceeds and Accruals into the Federation Account, headed by the Governor of Edo State, Mr. Adams Oshiomhole, is to hire two international forensic audit firms to probe revenue that accrued into the Federation Account and how it was spent under former Dr Goodluck Jonathan as President.
National News Headlines - 7/8/2015
VANGUARD
*Buhari begins total probe of Jonathan's govt
*Anti-graft war: PDP senators tackle Buhari
*Gov El Rufai's 'feud' with beggars
*CBN's Forex ban: 'N860bn can be saved from imports of solid mineral-based items
*Education, tool for protecting investors 'NSE
*IPF: NSE to compensate 158 investors with N42.227m
We’ll soon launch Yoruba, Igbo channels –StarTimes Chairman
The Chairman of StarTimes Group, Mr. Pang Xinxing, in this interview with EVEREST AMAEFULE, highlights the essential elements for a successful digitisation of the broadcasting industry in Nigeria.
StarTimes came into the Nigerian market in 2010, what has been your contribution to the economy since then?
We are contributing to the development of the society because apart from almost 1,000 direct job opportunities created, we have created indirect job opportunities of over 10,000. We also have consistently been paying tax, which has run into about N4bn in the last five years.
Thursday, 6 August 2015
PDP, Senators disagree over proposed N14.7 World Bank loan for Edo
THE Peoples Democratic Party, PDP has urged the Senate and the House of Representatives to reject in its entirety, the proposed $75 million credit loan which amounts to N14.7 billion from the World Bank for Edo State, just as it warned that if granted, it would impoverish the state.
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