News

Africa’s richest man and foremost entrepreneur, Aliko Dangote, is setting up a $100 million vehicle assembly plant in Lagos, to tap the opportunity provided by the scarcity of forex and help tackle employment crisis in the country. The plant will be churning out heavy duty trucks on which his conglomerate, the Dangote Group spends huge amount to import for distribution …

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Olabode Adaramola, Minna At least no fewer than nine bodies have been recovered from the weekend attack by Fulani herds’ men in Rafin Gona and BCC Gbagyi villages in Bosso local government of Niger state while about 6000 villagers have also been displaced in the wake of the communal crisis. The Council Chairman, Alhaji Isah Wakili stated this on Sunday while conducting national assembly members …

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Folake Sokoya Men of Rapid Response Squad (RRS) of the Lagos State Police Command, over the weekend, arrested one Segun Akuntola, who is alleged to be the kingpin of a syndicate that specializes in defrauding innocent citizens within the State. The suspect, popularly known as Okadigbo, was apprehended by the Decoy Team of the squad in his shrine at Ijora …

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Olabode Adaramola Former Military President, General Ibrahim Babangida has expressed concern over the current insecurity situation and economic sabotage in the country, saying that it should be a source of concern to all Nigerians. General Babangida in a statement in Minna to mark this year’s Armed Forces Remembrance week urged all political leaders, traditional leaders, elder statesmen and the general …

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The global unemployment rate is expected to rise modestly from 5.7 to 5.8 per cent in 2017 representing an increase of 3.4 million in the number of jobless people, says  a new International Labour Oeganisation ( ILO)  report. According to ILO, the  number of unemployed persons globally in 2017 is forecast to stand at just over 201 million – with …

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Olabode Adaramola Minna Niger State Command of the Nigeria Security and Civil Defence Corps (NSCDC) said  it has arrested two suspected Boko Haram members in Minna metropolis, the state capita The suspected members, 20- year old  Usman Al-Amin and Sanusi Ibrahim Bala according to a statement by the Command’s Public Relation Officer, Ibrahim Yahaya were arrested at different locations within …

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The Nigerian Stock Exchange (NSE) said it has put modalities in place at ensuring that the recent rolled-out Federal Government’s 10-point road map at reviving the economy becomes a success. The Government’s Fiscal Roadmap is aimed at addressing barriers to growth that will drive productivity, generate jobs and broaden wealth creating opportunities to achieve inclusive growth. Addressing the capital market …

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The Transmission Company of Nigeria (TCN) said that that the nation’s power generation capacity dropped slightly from 3,959 megawatts from Jan. 4, to 3,751.90 megawatts on Jan. 12, due to dearth of gas. The Nigerian Electricity System Operator (SO) website, a sub agency of TCN, disclosed the figure on its daily forecast website on power generation data in Lagos on …

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Olabode Adaramola The Federal Government has been faulted over its decision to divert flights going to the Nnamdi Azikiwe International Airport Abuja, to Kaduna airport over the ongoing repair works being carried out at the Abuja airport,while describing it as a political maneuvering just like in the previous administrations. An Aviation expert, Engineer Abdullahi Dauda Kutigi who is also a chieftain …

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