‘Weak Enterprises Hamper Inflow of FDI’
The federal government has said the weak nature of the Small and Medium Scale Enterprises (SMEs) sector is currently hampering the inflow of foreign direct investment. The Executive Secretary,...
Court Stops Chevron from Sale of Oil Blocks to Seplat Petroleum, Others
A Federal High Court sitting in Lagos has issued an interim junction restraining Chevron Corporation of the United States and its Nigerian subsidiary, Chevron Nigeria Limited (CNL), and their agents...
Credit to Private Sector Hits N16.425trn in November
The value of credit to the private sector increased marginally year-on-year to N16.452 trillion at the end of November 2013. The latest Central Bank of Nigeria (CBN) money and credit...
N25.7bn Theft: Court Dismisses Atuche’s Application Seeking Dismissal of Charges
Justice Lateefa Okuunu of an Ikeja High Court Monday dismissed the application filed by former Managing Director of Bank PHB, Mr. Francis Atuche and his wife, Elizabeth challenging the jurisdiction...
Shettima Pleads for Re-opening of Maiduguri Airport
Borno State Governor, Alhaji Kashim Shettima, Monday pleaded for the re-opening of the Maiduguri International Airport, which was closed down on the heels of the December 2 attack of the...
2015: No elections in North-East if… – INEC
ABUJA — The Independent National Electoral Commission, INEC, is to spend N93 billion to conduct a hitch-free general election in 2015, even as it disclosed, yesterday, that elections may not...
APC Alleges Rebel Lawmakers’ Plot to Sit at PDP Secretariat to Impeach Gov. Amaechi
The Rivers State Chapter of the All Progressives Congress (APC) has warned the six rebel lawmakers in the state not to go ahead with their plan, whom it alleged want...
Sand’ Eagles coach searches for new players
Coach of Super Sand Eagles, Audu Adamu has spread his dragnet in hunt of new players who will take over from captain Olawale Isiaka, Ogbonnaya Okemiri and Azeez Abu Speaking...
Rivers Assembly: Abe flays Police for aborting resumed sitting
PORT HARCOURT—Senator representing Rivers South-East senatorial district in the National Assembly, Senator Magnus Abe, has described the state police command’s denial of access for resumed sitting by lawmakers in the...
23 Rivers LG bosses decamp to Apc
PORT HARCOURT— Twenty-three local government chairmen in Rivers State have defected to All Progressives Congress, APC, assuring that they would mobilise grassroots support for the party. Chairman of Port Harcourt...