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Bello, Nnorom Resign From UBA As Directors

Kayode Adelowokan, Lagos The United Bank for Africa Plc (UBA) has notified the Nigeria Stock Exchange of the resignations of two Non-Executive Directors of the bank, who are, Emmanuel Nnorom, and Abdulkadir Bello. This is contained in a notice to the Exchange that in a letter dated March 25, 2014, signed by Bili Odum, group […]

Dickson Sacks Seven Commissioners

Oyewale Oyelola Gov. Seriake Dickson of Bayelsa on Thursday sacked seven commissioners from the State Executive Council. In a statement signed by the Chief Press Secretary to the Governor, Mr Daniel Iworiso-Markson stated that  the governor said the sacking of the commissioners was with immediate effect. The governor said the development was inline with the […]

Explosion Rocks Abuja Shopping Complex

The Area One Shopping Plaza in Abuja is up in flames after what people in the neighbourhood described as bomb exlosion. The incident which occurred at about 5.15 pm on Thursday has attracted the attention of fire fighters, police and men from bomb disposal unit of the police who are now fighting to rescue lives. […]

Ghost Worker: Bauchi Govt Set Up Committee To Review State Workforce

Agabus Pwanagba, Jos The Bauchi State Government has inaugurated a 27-man committee to review the salary package and the over bloated workforce in the state. The State Head of Service, Mr Abdon Dala Gin, while inaugurating the committee in Bauchi on Thursday, said the committee will examine the huge wage bill and identify reasons for […]

North, South Rivalry Deepens At Confab

The north, south divide apparently characterising debates at the ongoing Constitutional Conference is set to douse all expectations on the outcome, unless urgent steps were taken to halt the trend. There are facts that the north had resolved to stick to three-quarter majority as a voting procedure for decision taking. Newspot Nigeria can reveal that […]

Disgraced Banker, Akingbola Lobbies Presidency to Regain Intercontinental Bank

…As Witnesses Catalogue  How He Stole Billions of Naira After what seems like a relief from his chains of legal battles home and abroad over allegations of fraudulent practices in his capacity as the Managing Director of the defunct Intercontinental Bank, Dr. Erastus Akingbola who was found guilty of stealing and diversion of billion of depositors […]

UBA Foundation Intensifies Campaign on Prostate Cancer

UBA Foundation, the corporate social responsibility arm of United Bank for Africa (UBA) Plc, weekend intensified its awareness campaign against Prostate Cancer through an initiative tagged ‘Cycling for Prostate Cancer’. The cycling event, which is the fourth edition of the Foundation’s annual prostate cancer awareness initiative, held in conjunction with ‘Jogging to Bond’; the employee […]

2013 results: Dangote Cement sells 13.3m tonnes; pays N7 dividend

Leading cement manufacturer, Dangote Cement Plc has declared its 2013 financials recording an upsurge in its Nigerian sales volume to the tune of 13.3million tonnes leading to a 40.6 per cent increase in profit before tax over the previous year. The company declared a profit before tax of N190.8 billion for the year. The audited […]

Court Stops Lagos From Collecting Tolls On Lekki-Ikoyi Bridge

Ayo Balogun, Lagos The Federal High Court in Lagos, Nigeria on Thursday ordered the Lagos State Government to stop collecting toll on the Lekki-Ikoyi Link Bridge, built at the cost of N29 billion. The court described toll collection on the bridge as illegal and unconstitutional and granted the relief being sought by the claimants. A […]

Shame as MOPOL Attached To STF In Plateau Rapes 4 Year Old Girl

Agabus Pwanagba, Jos A member of the Special Task Force (STF) attached to Sector 7 in Barkin Ladi Local Government Area of  Plateau state, Officer Damudu Bzigu has been accused of raping a 4-year-old girl. African Examiner gathered that the victim Helen Kim told her parents that a police officer raped her in his home […]

Osun 2014: Omisore Advocates Free And Fair Primary Election

Oyewale Oyelola Senator Iyiola Omisore,  Peoples Democratic Party (PDP) governorship aspirant in 2014 gubernatorial election in Osun state has urged the party National Working Committee to conduct a ree and fair primary election that will be acceptable to all. Omisore stated this on Tuesday at PDP National Headquarter after submission of his nomination form. In […]

Taraba Crisis: Family of Late SSGs Rejects State Burial

Agabus Pwanagba, Jos The family of the late Taraba’s Secretary to the State government (SSG) Mr Jonah Agyo has rejected moves by the acting state governor Garba Umar to involve in the funeral of the late Politian, who passed away on Monday. A close family source told African Examiner that, although Agyo died of natural […]

FG To Checkmates Private Sector Sharp Practices

Kayode Adelowokan Top on the agenda, the Federal Executive Council of Nigeria on Wednesday deliberated on two bills that will check sharp practices by the private sector and improve services in the postal sector in line with the reforms taking place in the economy. The council in a meeting that appeared to be the shortest, […]

Amosun Commences Distribution of C of O to Property Owners in Ogun

Oyewale Oyelola Governor Ibikunle Amosun of Ogun State has started the distribution of Certificate of Occupancy to those who applied during the Ogun Home owner’s programme. Governor Amosun while addressing cross section of Home owners in Government House, Abeokuta said the scheme was introduced to allow home owner to regulaize their home with Ogun state […]

US Begins Proceedings On Abacha’s Loot

The US has begun forfeiture proceedings on the proceeds of corruption owned by former Nigerian Military Head of State, late General Sanni Abacha. This is according to a statement by the country’s Attorney General and Minister of Justice, Mr Mohammed Bello Adoke, on Wednesday that his office had received requests for Mutual Legal Assistance for […]

Ekiti 2014: PDP NWC Upholds Fayose’s Nomination

By Muyiwa Bamidele, Abuja The National Working Committee (NWC) of the ruling Peoples Democratic Party (PDP) has received and adopted the report of the Ekiti state governorship primary election. African Examiner gathered that after a thorough consideration of the report, the Committee approved the result and upheld the nomination of Ayo Fayose as the candidate […]

Senate Confirms New CBN Governor, Godwin Emefiele

Nigeria’s senate has confirmed Mr. Godwin Emefiele as the new Governor of the Central Bank of Nigeria. Mr Emefiele replaces the embattled Mallam Sanusi Lamido, who was suspended recently by President Jonathan over allegations of fraud and abuse of office.               

Stormy CONFAB Sessions Worry Presidency

Developments at the National Conference are unsettling the presidency, a key figure in government has told Newspot Nigeria, as delegates to the conference continue to bicker over the stipulation by President Goodluck that resolutions would be passed by 75 percent of the delegates when they cannot do so through consensus. To put a quick end […]

Fire Disaster: No Cause For Alarm -CBN

Kayode Adelowokan, Lagos Following the Tuesday’s strange fire that gutted the Lagos office of the Central Bank of Nigeria, the apex bank has assured its stakeholders and the general public that its records are intact. The fire incident, which started at about 5:10pm with thick smoke emanating from the first floor of the building after […]

Forty-Four UNN Students Bag 1st Class Honours

IGNATIUS OKPARA, Enugu A total of 44 (forty-four) graduating students of the University of Nigeria Nsukka UNN will on Friday smile home with 1st Class Honours of the institution, during its 2014 and 43rd convocation ceremony, Vice Chancellor of the school, Prof. Bartho Okolo has disclosed. Briefing newsmen Monday at the Enugu campus of the […]

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