Home » Tag Archives: Nigeria (page 6)

Tag Archives: Nigeria

Photo News: PMB now in China

President Buhari being welcomed by Mr Cheng, Assistant Minister of Foreign Affairs alongside other Senior Chinese Government Officials at the Beijing Capital International Airport, on Monday. L-R: President Buhari being welcomed by Governor Abiola Ajimobi of Oyo State, Governor Ibikunle Amosun of Ogun State, Governor Ibrahim Geidam of Yobe State as President Buhari arrives People’s Republic of China for a ...

Read More »

Police arrests 27 for kidnap, armed robbery in Kogi

Police in Lokoja have arrested 27 persons for alleged kidnapping and armed robbery in different parts of the state. The Kogi State Police Commissioner, Mr Yakubu Usman, paraded the suspects before newsmen on Friday in Lokoja. Usman said that one of them led his gang to kidnap a Chinese lady, Lilly Yunpin, and collected N3m as ransom. He said the ...

Read More »

Court grants ex-beauty queen N2m bail

Embattled ex-beauty queen, Ibinabo Fiberesima, on Thursday was granted a N2m bail by the Lagos Division of the Court of Appeal. Fiberesima was sentenced to five years imprisonment for manslaughter. The appellate court, in a two-one split judgment, decided that Fiberesima’s application for bail had merit. Justice Samuel Oseji, who read the lead judgment, granted the N2m bail Fiberesima with ...

Read More »

Nigeria Convenes National Economic Retreat To Save Ailing Economy

President Muhammadu Buhari has declared the National Economic Retreat in Abuja opened. The retreat is aimed at coming up with the Medium and Long Term Viable Policies for the nation’s ailing economy. The two day retreat will generate immediate, medium and long term viable policy solutions to national economic challenges in the country. The event organized by the National Economic ...

Read More »

Nigeria’s Power Generation Drops To 1,580 MWs – Official

The Transmission Company of Nigeria, TCN yesterday said that the country’s power generation level has dropped to an all-time low of 1,580 Mega Watts, MW thereby dampening hopes of early resolution of the nation’s power supply crisis. The power generation slide, which was earlier attributed to gas pipeline vandalism, was said to have been accentuated by the on-going industrial dispute ...

Read More »

Nigeria World Bank Loan Rises To $6.29billion

The World Bank loan commitment to Nigeria has risen to $6.29billion, statistics from the Debt Management Office have shown. According to the latest debt figures from the DMO, the World Bank’s total commitment to the country as of December 31, 2015 stood at $6.29bn. The bank’s confidence in the nation’s economy has been improving and this has reflected in its ...

Read More »