The leader of Boko Haram, Abubakar Shekau, after almost a year appeared on video on Thursday. Abubakar, who said those that pronounced him dead were only rumour monger, said it was time to give up the jihadist struggle as he was set to relinquish his leadership of Boko Haram. Shekau declared in the Hausa language: “For me, the end has ...
March, 2016
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25 March
Again, CCT Okays Jurisdiction For Saraki’s Trial
The Code of Conduct Tribunal on Thursday dismissed the motion by the Senate President, Dr. Bukola Saraki, seeking to quash the 13 counts of false and anticipatory asset declaration preferred against him. The Danladi Umar-led tribunal resolved all the issues raised by the Senate President against him and affirmed that it had jurisdiction to hear the case. Umar, who read ...
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24 March
Guinness, NB, NBC, Others Sacked 405 Workers
Companies in the food, beverage and tobacco sector have sacked about 405 workers in the last four months, the National President, Food, Beverage and Tobacco Senior Staff Association, Mr. Quadri Olaleye, has said. According to him, the companies that have negotiated redundancy of their senior staff members from December till March under the guise of inadequate foreign exchange are Guinness ...
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24 March
GTBANK LAUNCHES INNOVATIVE SERVICE DELIVERY CHANNEL – BANK 737
Over the last few weeks, Nigerians all over the country have been faced with the question; Whatisthe737? From billboards to hash tags and radio hypes. Introduced by Guaranty Trust Bank plc, Bank 737 is more than just well rhyming numbers; it’s a simple, smart, and safe way to bank anytime, anywhere and on any device. Imagine if opening an account ...
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23 March
UBA Oduoza Turns Teacher; To Promote Financial Literacy
United Bank for Africa (UBA) Plc joined other financial institutions and the Central Bank of Nigeria (CBN) to celebrate the global money week. The UBA, had last week, held a financial literacy day for about 500 pupils at Imaguero College in Benin City, Edo State capital. Group Managing Director and CEO of UBA Plc, Phillips Oduoza, personally tutored the students ...
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21 March
Zenith Gets CBN Kudos For Funding Non-Oil Export
Central Bank of Nigeria (CBN) Deputy Director, Trade and Exchange Department, W. D. Gotring has ranked Zenith Bank Plc high among non-oil export supportive banks. Speaking at international trade seminar organised by Zenith Bank Plc in Lagos, with theme: ”Exporting for growth: Opportunities in non-oil export”, he called on the government and other stakeholders to diversify the economy from oil ...
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20 March
Journalists Have Nothing To Fear From FG – Minister
The Minister of Information and Culture, Alhaji Lai Mohammed, has said journalists in Nigeria have nothing to fear from the Nigerian government in the performance of their duties. ”Under this dispensation, we have never even contemplated stifling the freedom of the media not to talk of hounding them to death,” the Minister said in Doha on Sunday when he featured as a ...
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10 March
CAVEAT EMPTOR :Guinness pays N11.4m fine for selling Expired product
Guinness Nigeria Plc has filed a notice to discontinue a suit it filed to challenge the N1bn fine imposed on it by the National Agency for Food and Drug Administration and Control in November last year. In a statement on Thursday, one Okey Nwachukwu said Guinness had paid N11.4m to the agency as administrative and service charges after opting to ...
February, 2016
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27 February
DMO DG Encourages Sukuk as Financing Option for 2016 Budget
The Director General of DMO, Dr. Abraham Nwankwo and his counterpart at SEC, Mounir Gwarzo have pledged to partner to ensure a deeper bond market including non-interest products such as Sukuk. Speaking when the management of SEC visited DMO in Abuja, Nwankwo stressed the importance of non-interest products, explaining that a sovereign sukuk issuance had been part of the institution’s strategic ...
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27 February
Infantino(Lawyer) ,45, is FIFA President..’ll Turn W/Cup To 40- Team Tournament
The new president will serve the remaining term of office for which Blatter was elected, which means the election will take place in 2019. “Dear friends, I cannot express my feelings in this moment. I told you I went through a journey, an exceptional journey, a journey which made me meet a lot of fantastic people, who love football and ...