The Minister for Agriculture and Rural Development, Dr Akinwunmi Adesina, has disclosed that Nigeria is holding talks with the Export-Import Bank of China for a $1.5 billion loan to boost processing of rice and cassava. The loan is being sought on “concessionary terms at a 2 percent interest rate with a repayment period of
Daily Archives: December 10, 2012
MTN Nigeria, has expressed its support for the Central Bank of Nigeria’s (CBN) bank- led mobile money model .
A woman, simply identified as Mrs Ojo of Ikere-Ekiti, Ekiti State has been arrested by the police for allegedly dumping her day-old child in the bush. Also arrested by the police along with her was the husband, Mr Dada Ojo, a driver who claimed no involvement in the act, saying the woman did not tell him before carrying out the
The Action Congress of Nigeria (ACN) has said the country’s poor rating by Transparency International in its 2012 Corruption Perception Index (CPI) has shown as an empty boast the Jonathan presidency’s claim that corruption has
Hundreds of protesting youths yesterday clashed with some Kaduna landlords over ownership of plots of land believed to have been used over the years as cemetery which township expansion hadcaught up with. The rampaging youths, Daily Sun learnt, were against the landlords converting the burial ground to commercial
The Nigerian National Petroleum Corporation (NNPC) plans to build 10 new petrol stations for about N4billion next year even as it said that the Federal Government lost N241.93 billion to crude theft between 2006 and this year.
The restructuring exercise initiated by the Asset Management Company of Nigeria (AMCON) since its technical takeover of Aero has consumed its first casualty in the person of the Managing Director of the airline, Capt. Akin George. George was asked to step aside in a bid to revamp the airline. The former Deputy Managing Director,
“Every great achievement is a dream before it becomes reality,” says former American Secretary of State, Henry Kissinger. Kissinger was commenting on the miracle of Singapore, the tiny South Asian state that rose from poverty to
The ongoing effort of the Federal Government to verify oil subsidy claims and payments, and recover huge sums of money paid to fraudulent oil importers deserve the support of all Nigerians. The Minister of Finance, Dr. Ngozi Okonjo-Iweala, while updating the nation on the ongoing probe of the marketers,
The Independent National Electoral Commission (INEC) last Thursday kicked 28 political parties off the nation’s political landscape in a deregistration exercise that is now generating ripples across the country.