• Economía.- Ebro Foods designa a José Ignacio Comenge consejero coordinador

    br /> MADRID, 29 (EUROPA PRESS) El consejo de administración de Ebro Foods ha designado a José Ignacio Comenge Sánchez-Real, que tiene categoría de consejero indipendiente, como consejero coordinador de la firma, según ha comunicado la empresa a la Comisión Nacional del Mercado de Valores ...

  • NHIS removes 23,000 ghost enrollees from health insurance scheme

    Everest Amaefule, Abuja The National Health Insurance Scheme says it has removed 23,000 ghost enrolees, who have been enjoying the benefits of the insurance scheme, from it. The Executive Secretary, NHIS, Prof. Usman Yusuf, disclosed this in Abuja on Tuesday at the award of ISO/IEC 20000 standard certification to Galaxy ...

  • Acts of Apostle Suleman

    Lekan Sote Relatively unknown Apostle Johnson Suleman, of Omega Fire Ministries, shot into celebrity status after condemning what he considered to be Kaduna State Governor Nasir el-Rufai’s anti-preaching law. He allegedly asked Christians in Kaduna State to defend themselves when attacked. Self-defence, by the way, is the right for one ...

  • Jumia delivery man killed by customers over iPhones

    Chukwudi Akasike and Samson Folarin A delivery man with an online marketing store, Jumia, Mr. Chukwuma Eleje, has been killed in a house on Ada George Road, Port Harcourt, Rivers State. The victim was said to be delivering two iPhones to some customers, who had ordered for them through the ...

  • What Nigeria must do to attract US firms – Envoy

    Oyetunji Abioye To attract more American companies to invest in Nigeria, the Federal Government needs to address challenges around access to foreign exchange, inconsistency in tax policies and unpredictable energy cost, the Consul-General, United States Consulate, Lagos, Mr. John Bray, has said. Other issues that must be addressed, according to ...

  • ‘Insurance firms owe N19.7b pension fund’

    The Pension Transitional Arrangement Directorate (PTAD) yesterday accused insurance firms of failing to  remit pension funds totaling N19.7billion. Its Executive Secretary, Sharon Ikeazor who spoke at a news conference in Abuja, said only Leadway Assurance has successfully transferred the funds in its kitty to the the e-collection account of the ...

  • CBN sells forex to BDCs at N360/$

    The Central Bank of Nigeria (CBN) yesterday reduced rate at which it sells foreign exchange (forex) to bureau de change (BDCs) from N381 to dollar to N360 to dollar. The BDCs are to sell to end users at N362 to dollar. The rate reduction comes barely 24 hours after its ...

  • FCMB Reports 109% Increase In PBT To N16.3bnby Kayode Tokede, Lagos First City Monument Bank (FCMB) Group Plc, yesterday announced 109 per cent increase in profit before tax to N16.3 billion in financial year ended December 31, 2016 from N7.8 billion

    First City Monument Bank (FCMB) Group Plc, yesterday announced 109 per cent increase in profit before tax to N16.3 billion in financial year ended December 31, 2016 from N7.8 billion recorded in 2015. The management proposed dividend payment of 10 kobo per share for the full year 2016. From the ...

  • Tinubu Has Raised The Bar For Political Leaders – PMB

    President Muhammadu Buhari has felicitated with former governor of Lagos State and chieftain of the All progressives Congress (APC), Sen. Bola Ahmed Tinubu, on his 65th birthday. In a statement by his special adviser media, Femi Adesina, President Buhari joins all members of the APC, political and business associates of ...

  • AMDON Launches Automated Custom Duty Verification Stickers

    The Association of Motor Dealers of Nigeria (AMDON) has launched an automated custom duty verification sticker to tackle custom vehicle duty payment. This was in response to the controversies generated by none and under payment of custom duty across the country. The sticker which would cost N5,000 signifies that the ...

  • Senate rejects Kachikwu’s rep at gas flaring meeting

    Leke Baiyewu, Abuja The Senate Committee on Finance, on Tuesday, refused to grant audience to the representative of the Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, Mrs. Folashade Odunuga, at its meeting. The committee had invited Kachikwu to a meeting with the lawmakers on gas flaring penalty in ...

  • No governor can call Buhari a failure –Shehu Sani

    Senator Shehu Sani (APC-Kaduna Central), on Tuesday said state governors lacked the moral right to criticise President Muhammadu Buhari for non-perfomance. Sani, who is the Chairman, Senate Committee on Foreign and Domestic Debts, made the remark in a chat with journalists after a meeting with community leaders in Chikun Local ...

  • Copyright suit against Omoni Oboli for March 29

    A Federal High Court, Lagos will on March 29 hear a copyright infringement suit slammed on popular Nollywood actress, Omoni Oboli, over the production of a film, “Okafor’s Law’’. The company, Rancoteur Productions Ltd, had on March 24 filed an ex parte application on behalf of a Canada-based script writer, ...

  • We Can’t Diversify Economy Through Agriculture Without Biotechnology – Ogbadu

    Prof. Lucy Ogbadu is the director-general of the National Biotechnology Development Agency (NABDA). In his interview with NKECHI ISAAC, she talks about the current state of agricultural biotechnology development in Nigeria.   How many confined field trials are currently going on in Nigeria? We have four confined field trials presently going ...

  • Boosting The Economy Through Wastewater Management

    Access to water is still is a mirage in Nigeria. Although blessed with abundance of water yet, this country still contends with scarcity of this natural endowment where over 70 million of its population still lacks access to safe water. Nigeria has an estimated 250 billion cubic metres of surface ...

  • Customs Intercepts N242.6m Banned Drugs In Ogun, Lagos

    Nigeria Customs Service (NCS) on Tuesday said that it intercepted truck loads of smuggled prohibited drugs worth over N242,688,000. The drugs identified as Tramadol Hydrochoride tablets in the range of 225mg/200 mg were seized along Apapa road in Lagos, Sango-Ota axis of Ogun State and Lagos-Ibadan express road worth N242, ...

  • Famine, drought, war threaten millions of children in four countries

    Source: UN Children's Fund Country: Nigeria, Somalia, South Sudan, YemenSome 22 million children have been left hungry, sick, displaced and out of school in northeast Nigeria, Somalia, South Sudan and Yemen, UNICEF said.Download photos and videos from: http://weshare.unicef.org/Package/2AMZIFDD22Q NEW YORK/DAKAR/NAIROBI/AMMAN, 28 March 2017 – More than a month after famine was declared ...

  • Probe uncovers massive fraud in YouWin programme

    An ongoing probe, ordered by the Minister of Finance, Mrs. Kemi Adeosun, has uncovered a massive fraud in the Federal Government Youth Enterprise With Innovation In Nigeria programme. A reliable source in the ministry of finance told The PUNCH that investigators had already discovered that some senior civil servants gave ...

  • CBN sells dollar for PTA, schools fees at N360

    …injects fresh $185m into forex market …declares Thursday Financial Literacy Day Ifeanyi Onuba, Abuja The Central Bank of Nigeria has directed all Deposit Money Banks to provide foreign exchange for customers requesting it for Personal or Business Travel Allowance, and payment of school fees and medicals at a rate of ...

  • NNPC/MPN JV: 55 Years of Delivering Value to Akwa Ibom State

    The NNPC/MPN Joint Venture in Akwa Ibom State The Nigeria National Petroleum Corporation/Mobil Producing Nigeria Joint Venture (NNPC/MPN JV) has operated in Akwa Ibom State for 55 years, having been granted its first Oil Prospecting License (OPL) in 1961. Since then, the JV has consistently delivered significant economic value to ...

  • Obasanjo’s Wife Asks Court To Postpone Son’s Wedding

    Mrs. Taiwo Obasanjo who is one of the wives of former President, Olusegun Obasanjo has dragged her husband and lottery business mogul, Sir Kessington Adebutu before the Lagos State High Court in Ikeja seeking a court order to stop the wedding of her son, Olujonwo Obasanjo. Mrs. Obasanjo is asking ...