UK to help Nigeria overcome economic, security challenges

The United Kingdom will assist Nigeria to overcome its current economic and security challenges, the British Minister for International Development, James Wharton, has said. Wharton told the News Agency of Nigeria (NAN) in Abuja he was in Nigeria to assess some of the definite challenges. According to him, Nigeria despite the challenges has great potential…

APC inaugurates caretaker officers in Gombe

Alhaji Mai Mala Buni, National Secretary, APC The National Working Committee (NWC) of the All Progressives Congress (APC) has inaugurated caretaker officers for the Gombe State chapter of the party. This is contained in a statement issued by the National Secretary of the party, Alhaji Mai Mala Buni, on Saturday in Abuja. Buni said in…

Dubai debuts driverless minibus

Dubai has unveiled its first driverless bus service, launching a month-long trial period for the electric vehicle with a view to expanding it across the futuristic Gulf city state. The 10-seat vehicle made its first trip on Thursday along a 700-metre (2,300-foot) stretch of road in downtown Dubai, near to the BurjKhalifa, the world’s tallest…

Inflation, Nigerians And The CBN: A Wrong Prescription

Prices have continued to rise and our ability to pay for basic and essential items has continued to fall, so are our wellbeing and our prosperity. Investment for the future by firms and individual households are on the decline. Every person on the street accepts that we are faced with inflation. So, the Central Bank…

Military Investment: Dickson Hails Airforce

BALTIMORE, MD (AFRICAN EXAMINER) – Bayelsa State Governor Hon. Seriake Dickson on Friday saluted the efforts of the Nigerian Air Force for making strategic investments aimed at improving the welfare and professionalism of its personnel in the state. Governor Dickson gave the commendation at the commissioning ceremony of 8 of its projects embarked upon by the Air…

South Africa records over 18,000 murders in 12 months

Norman Sekhukhune, South African Head of the Police Crime Research, on Friday in Johannesburg told the parliament that the number of murders committed in South Africa between April 2015 and March 2016 rose to 18,673. He described this as an increase of nearly 5 per cent compared to the same period last year, as the…

Sports minister Solomon Dalung declares state of emergency in Nigerian sports

Nigeria’s Minister of Sports Solomon Dalung has declared a state of emergency in the Nigerian Sports sector following the poor performance of the athletes at the recently conclude Rio 2016 Olympic games. Dalung made this declaration in Abuja after receiving the National Sports Reform Committee report presented to him by Mr. Godwin Kienka, the Chairman…

Jigawa pays gratuity, death benefits to beneficiaries

Gov. Muhammad Badaru of Jigawa State The Jigawa Government has paid N433.6 million to local and state government retirees and families of dead persons as their gratuity and benefits for the month of July. The Executive Secretary of Jigawa Local and State Government Contributory Pension Board, Alhaji Suleiman Kiyawa, disclosed this in Dutse on Friday….

Dbanj Rewards Creative Minds With New Lottery Platform

Internationally recognised award winner and entertainer, Dapo Oyebanjo, globally known as the Kokomaster, Dbanj has announced the rollout of his latest project, “CREAM” to reward young creative minds in the Nigerian entertainment industry. The announcement was made yesterday September 1, 2016 at an exclusive media reveal which held at the Federal Palace Hotel in Victoria…

Zika Virus Confirmed In US Mosquitoes

Authorities have detected Zika in mosquitoes in Miami Beach, the first time the insects have been found carrying the virus in the United States. “These findings are very disappointing, but not surprising,” the Florida Department of Agriculture and Consumer Services said in a statement released on Thursday. Officials had already suspected that the virus was…

National Drivers Licence Now Valid For Five Years

The Lagos State Motor Vehicle Administration Agency (MVAA) has announced a new validity period of five years for the National Drivers’ License, noting however that the choice is optional. The General Manager of the Agency, Mr. Lateef Lawal, who disclosed this today, said the decision was taken at the 134th Meeting of the Federal Road…

Forestry research institute identifies 120 indigenous species

The Forestry Research Institute of Nigeria (FRIN), Ibadan, said it had identified 120 indigenous species in 2016 that could foster effective economic diversification and improve Nigeria’s economy if well developed. The Institute’s Executive Director, Dr Adeshola Adepoju, made this known in an interview with the News Agency of Nigeria (NAN) in Ibadan on Friday. Adepoju…

Fulani Herdsmen Reject Ekiti’s New Law Banning Nomadic Grazing

Fulani herdsmen who reside in Ekiti State under the Aegis of Jamu Nate Fulbe Association of Nigeria have criticized the new grazing law signed by Governor Ayodele Fayose.   The Fulani herdsmen who are reported to be from Ilorin, Kwara State, have spoken through their legal adviser, Mr. Usman Imam, on Wednesday, August 31, 2016,…

Edo Poll: INEC Distributes PVCs’ ‘Morrow

The Edo State Office of the Independent National Electoral Commission (INEC) said yesterday that it would commence the distribution of Permanent Voter Cards (PVCs) to registered voters ahead of the Sept. 10 gubernatorial election in Edo tomorrow. The commission’s Public Relations Officer (PRO), Mrs Priscillia Sule, who disclosed this in Benin yesterday , said the…

Day Bindow Drew OBJ To His Winning Team

Leadership, is a blessing conferred on only few selected individuals. Even among the few selected leaders, only few among them carry themselves with panache, carriage and wisdom as many get derailed and consumed by the perks such positions confer on them and in the process lose touch with the people. Governor Muhammadu Umaru Jibrilla falls…

FG declares state of emergency in sports sector

…as Dalung receives reform report The Federal Government yesterday finally declared a state of emergency in the sports sector as a practical demonstration of its seriousness to revitalise and improve sports in the country. Minister of Youth and Sports, Barr Solomon Dalung, made the declaration in Abuja while receiving the report prepared by the Nigeria Sports Reform Committee he set up in April. While explaining the…

National Drivers Licence Now Valid For Five Years – LASG

The Lagos State Motor Vehicle Administration Agency (MVAA) has announced a new validity period of five years for the National Drivers’ License, noting however that the choice is optional. The General Manager of the Agency, Mr. Lateef Lawal, who disclosed this today, said the decision was taken at the 134th Meeting of the Federal Road…

National Drivers Licence Now Valid For Five Years

Speaking further, the General Manager lauded the initiative and maintained that with the new feature, applicants have the opportunity to either select the option of three (3) or five (5) year validity period, adding that applicants who are unable to complete the processing within a specific time now have an extended period for renewing the…

Aviation unions besiege Aero Contractors over indefinite leave handed 1,400 workers

Aviation unions on Thursday besieged the head office of Aero Contractors Airline at the Murtala Muhammed Airport (MMA), Lagos, a day after the embattled airline announced the suspension of flight operations and placed workers on an indefinite leave. Benjamin Okewu, the president, Air Traffic Services Senior Staff Association, told journalists on Thursday that the unions…

Massive Looting ongoing on in Plateau State – PDP

Chairman of the opposi­tion Peoples Democratic Party, PDP, in Plateau State, Chief Damishi Sango, has accused the state govern­ment of “massive diversion of public funds”. Speaking at a press briefing yesterday, in Jos, Sango claimed the state had received more than N97 billion as revenue from the federal allocations in the last one year. According…

Lagos Makes National Drivers Licence Valid For Five Years But…

Francis Moses Lagos State Motor Vehicle Administration Agency (MVAA) has announced a new validity period of five years for the National Drivers’ License, noting however that the choice is optional. The General Manager of the Agency, Mr. Lateef Lawal, who disclosed this Thursday, said the decision was taken at the 134th Meeting of the Federal…

Herdsmen Disagree With Ekiti Govt Over New Grazing Law

Ekiti-based herdsmen from Ilorin, Kwara State,  have criticised the new grazing law in Ekiti State saying, carrying lesser arms does not constitute offence  under the country’s constitution Terrorism Prevention Act 2011. The body, under the aegis of the Jamu Nate Fulbe Association of Nigeria, said the provision in the new law may not apply to…

Herdsmen fault Ekiti’s grazing regulation law

Cattle rearers in Ekiti State said Wednesday that the state government could not charge erring members of the association with terrorism for carrying light weapons. The herdsmen, under the aegis of Ekiti State chapter of the Jamu Nate Fulbe Association of Nigeria, an umbrella body for cattle rearers from Ilorin, Kwara State, said such would…

100 Days: AMAC Chairman Lauded For Giant Strides

In marking the 100 days in office of the Chairman of Abuja Municipal Area Council (AMAC), Hon Abdullahi Adamu Candido, the Senior Special Assistant on Tenement Rates and Monitoring, Hon. Rahmat Abdullahi, has applauded the developmental stride of the administration within the shortest period. Abdullahi said what Candido has achieved in this short time is…

Capital Market Development Fund: Finding Common Use For Unclaimed Dividends

The Securities and Exchange Commission (SEC) has a moral duty—to correct the inadequacies of other regulatory frameworks—if that is what it takes to the development of the capital market. SEC is the government agency mandated to regulate and develop the Nigerian Capital Market. Its activities are currently governed by the Investments and Securities Act (ISA)…

Harsh Business Environment: Aero Contractors Shutdown Operations Indefinitely

One of Nigeria’s leading airlines, Aero Contractors, said on Thursday it will shutdown its operations indefinitely citing harsh external business environment. The management of the airline announced this in a statement by Simon Tumba, its media consultant, on Wednesday. It said that its decision was informed by the need to re-position the airline for profitability….

Aero Airline suspends operations

An Aero Contractors plane Aero Contractors Airline suspended all its scheduled services indefinitely from Thursday Sept. 1. The airline’s Chief Executive Officer, Mr Fola Akinkuotu, said in a statement in Lagos that the management decision was part of the strategic business realignment to reposition the airline and return it to the path of profitability. He…

Nigeria GDP Dip Further By 2.06% In Second Quarter Of 2016

Report released by National Bureau of statistics (NBS) on Wednesday, showed that the Nation’s Gross Domestic Product (GDP) in real terms declined further by 2.06 per cent in the second quarter of the year 2016 with a negative growth in almost all major sectors of the economy. The report revealed that Gross Domestic Product which declined by…

Nigerian Railway Corporation Expanding Workforce Through New Vacancy Programme

The Nigerian Railway Corporation traces its history to the year 1898, when the first railroad in Nigeria was constructed by the British colonial government. On October 3, 1912 the Lagos Government Railway and the Baro-Kano Railway were amalgamated, starting nationwide rail service under the name Government Department of Railways. With the passing of the Nigerian…

Aero Contractors suspends operations indefinitely, sends staff on leave

Aero Contractors Airlines on Wednesday said that it would suspend all its scheduled services indefinitely from Thursday Sept. 1. The airline’s Chief Executive Officer, Mr Fola Akinkuotu, said in a statement in Lagos that the management decision was part of the strategic business realignment to reposition the airline and return it to the path of…

Recession: Aero Contractors Commences Suspension of Services September 1

By Niyi Adeyi LAGOS, NIGERIA (AFRICAN EXAMINER) – Owing to the lingering lull in the country’s economy, the management of Aero Contractors Airline has announced its plan to suspend scheduled services from Thursday, September 1, 2016. The airline Wednesday explained that the move was part of the strategic business realignment to reposition the organization and…

Osun agog for Buhari’s visit

    Osun State was agog Wednesday to receive President Muhammad Buhari, who arrives the state Thursday on one day working visit. Preparation to host him was in top gear as the state government cleared off the major roads containers and wooden kiosks. Owners of cars parked on the roads were ordered to remove them before…

Investments In Ogun Free Trade Zone Gets New Chinese Managers

The new management of Ogun Free Trade Zone, Igbesa, has dispelled insinuations that the multi-million dollars investment at the zone is at risk following the takeover by a new team of Chinese managers. They stated that, “not only are the current investors not leaving the Zone, the new management under the New South Group are…

Breaking: Aero shuts down operation as Nigeria aviation goes comatose

Nigeria’s second largest commercial carrier, Aero Contractors Airlines has joined the bandwagon of airlines closing shop in Nigeria due to unprofitable economic condition in the country. Aero’s management stated that the suspension was part of the strategic business realignment to reposition the airline and return it to profitability. It stated that this “business decision”, which…

Aero Contractor takes last flight

By Louis Ibah Aero Contractors Airlines has shut down all scheduled commercial flight operations in Nigeria, according to its Chief Executive Officer, Captain Fola Akinkuotu. “Aero Contractors has announced that it would suspend its scheduled services from Thursday September 1, 2016 and the development is part of the strategic business realignment to reposition the airline…

Aero Contractors Airlines suspends scheduled services in Nigeria

Commercial carrier, Aero Contractors Airlines, has suspended its scheduled services beginning from Thursday September 1, 2016. The suspension of their scheduled services was part of a strategic business realignment to reposition the airline and return it to profitability. In a statement released by the carrier’s management today, it was stated that the airline had faced grave…

NSCDC Parade 2 Suspects Over 2 Seal Of Government Diesel

2 suspects were on Wednesday paraded by the Ebonyi State Command of the Nigeria Security and Civil Defense Corps, (NSCDC) for their alleged involvement in the secret sales of government diesel to a cartel in the state. The suspects includes Mr. Hycinth Nwekwu in charge of the Generator Plants used in powering street lights along Ezza Road…

Osinbajo urges youths to key into multi-tasking age to remain relevant

Osinbajo said that the opportunities abound for professionals with multi skills to excel in the period of economic hardship and joblessness, adding that innovation was the best way to go The post Osinbajo urges youths to key into multi-tasking age to remain relevant appeared first on The Eagle Online – The Nigerian Online Newspaper.

AERO contractors suspends scheduled services

Aero Contractors Airline on Wednesday announced that it would suspend its scheduled services from Thursday September 1, 2016. This is contained in a statement from the management of the airline in which it stated that the development was part of the strategic business realignment to reposition the airline and return it to the part of profitability. This business…

Economic recession: Aero Contractors to suspend operation September 1st

One of Nigeria’s local airline operator, Aero Contractors has said it would suspend its scheduled services from tomorrow, 1st of September, 2016 as part of its strategic business realignment to position the airline for profitability. In a statement released by company, it said the decision was necessitated by the current economic situation in the country…

Osinbajo Urges Youths To Key Into Multi-Tasking Age To Remain Relevant

Vice President Yemi Osinbajo on Tuesday advised Nigerian youths to see the present age as one that offers them an opportunity to embrace “multi-tasking.”He gave the advice while opening a two-day Google Digital Training programme for Youth Employment with the theme: “Diversifying the Nigerian Economy: Enabling Youth through Digital Skills Training.”Osinbajo said that the opportunities…

CBN directs banks against illicit remittances, moves against dud cheque issuers

THE Central Bank of Nigeria (CBN) has directed commercial banks to conduct Know Your Customers’ Businesses (KYCB) to ensure customers do not transact illegal or illicit remittances through the banking industry. The directives contained in a circular signed by the Acting Director of trade and Exchange for CBN, Mr. W.D Gotring titled “illicit international money…

UBA total asset crosses N3trillion mark, proposes 20 kobo interim dividend

By CHIOMA OBINAGWAM UNITED Bank for Africa Plc (UBA), has announced its Audited 2016 Half Year Financial Results for the period ended June 30, 2016 showing a significant growth in Total Assets, rising 20 per cent to N3.3 trillion, crossing the three trillion mark. The bank which recorded gross earnings of N166 billion, net operating…