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Year: 2012

Business

Lagos raises N80b bond for key projects

Kazeem Ugbodaga The Lagos State Government has signed financial deal raising N80 billion through Bond, with Chapel Hill Limited as…

Headlines, News

Ex-governor Fayose faces fresh trial

Nigeria’s Economic and Financial Crimes Commission, EFCC, on Thursday re-arraigned a former governor of Ekiti State, Mr. Ayo Fayose over…

Business

Court overrules AMCON on Capital Oil’s Ubah

Nnamdi Felix / Abuja Asset Management Corporation of Nigeria, AMCON, on Thursday failed to stop a Federal High Court siting…

Headlines, Metro, News

How Fire Gutted TheNEWS/PMNEWS office

It all began like a joke. A reporter came into the newsroom around 7 p.m saying he could smell a…

News

Pacific Island found to be phantom

A South Pacific island identified on Google Earth and world maps does not exist, according to Australian scientists who went…

News

Morsi dumps D8 Pakistan summit for peace

Egyptian President Mohamed Morsi has bowed out of a scheduled visit to Pakistan, where he was due to attend the…

Football, Sports, World News

Man City out of Champ League: Match reports

PARIS(AFP) – Manchester City’s second flirtation with the Champions League ended as the first on Wednesday in a deeply frustrating…

Football, Sports, World News

Benitez replaces Di Matteo at Chelsea

Chelsea appointed Rafael Benitez as their interim first team-manager until the end of the season on Wednesday after the European…

Metro, News

Shekarau: I’m still Sardauna Kano

MADUABUCHI NMERIBEH/Kano Former Governor of Kano state, Malam Ibrahim Shekarau on Wednesday in Kano, northwest Nigeria, cleared the air over…

Sports, World News

Boxing legend Macho Camacho battles for life

MIAMI (AFP) – Former three time world boxing champion Hector “Macho” Camacho was fighting for his life Wednesday after being…

Business

Nigeria seeks to strengthen ties with Pakistan

Nigeria’s President Goodluck Jonathan sought Wednesday to strengthen bilateral ties with Pakistan by “re-energising” the existing bi-national commission between the…

News

Cocaine hidden in steam roller

Cocaine hidden in a ship; cocaine liquified and then packed as coconut milk, cocaine hidden inside pendants or ingested—innumerable tactics…

News

Swearing in of female judge to go ahead, NJC rules

Nnamdi Felix / Abuja The controversy surrounding the non swearing in of an appointed female Court of Appeal Justice on…

Headlines, Metro, News

Babalakin slammed with N2b money laundering charge

Henry Ojelu/Judiciary correspondent Nigeria’s Economic and Financial Crimes Commission, EFCC, today filed a 20 count-charge against Dr. Wale Babalakin, a…

News

Hackers make Israeli Minister denounce PM Netanyahu

An Israeli cabinet minister’s Twitter account was hacked Wednesday by a pro-Palestinian outfit which posted messages in his name calling…

Headlines, News

Must Nigerian governors have security vote?

Nnamdi Felix/Abuja Must Nigerian governors continue to vote for themselves billions of Naira that they do not account for, in…

News

Meni Jonathan: VP Sambo, others condole First Family

Vice-President Namadi Sambo on Wednesday led members of the Federal Executive Council (FEC) to condole with President Goodluck Jonathan’s family…

Metro, News

Nigerian’s hand amputated in Saudi over theft

Saudi authorities on Wednesday chopped off the hand of a Nigerian muslim convicted of theft, in compliance with the Islamic…

Business

Exxon Mobil issues force majeure as pipeline shut

US oil giant ExxonMobil’s Nigerian subsidiary warned on Wednesday it may not meet production expectations following the shutdown of a…

Metro, News

APGA leader, Sadiq Masalla jumps bail

The Nigerian police on Wednesday told an Abuja High Court that a suspect in a forgery case, Alhaji Sadiq Masalla,…

Business, Headlines, News

How Ghanaian gambler threw away bank’s $2.3b

LONDON(AFP) – Kweku Adoboli, the UBS trader who gambled away $2.3 billion, painted himself as a model employee who fell…

Business

Smartphones crush digital camera market

The soaring popularity of smartphones is crushing demand for point-and-shoot cameras, threatening the once-vibrant sector as firms scramble to hit…

News

Nigeria records 40,000 maternal deaths yearly

JETHRO IBILEKE/Benin As the 2015 deadline for the attainment of the Millennium Development Goals (MDGs) programme approaches, Nigeria continues to…

Metro, News

Traffic Law: 12,000 Motorcycles Impounded, 50 Riders Convicted

The Lagos State Police Command has impounded over 12,000 motorcycles in less than two months since it began the enforcement…

Metro, News

2 Girls Die In Collapsed House

Tragedy struck this morning at Jakande Estate, Ejigbo, Lagos State, Southwest Nigeria when a two-storey building collapsed and a woman,…

Metro, News

Police Release Father Of Missing 30-Minute-old Baby

The Police in Umuahia, the Abia capital, said they have begun investigating the possible involvement of the father of a…

Metro, News

Lagos-Ibadan Expressway Contract: We Are Not Aware —Bi-Courtney

Bi-Courtney Highway Services Ltd, concessionaire of the Lagos-Ibadan expressway has disclosed that it has not been formally informed of government’s…

Metro, News

Ikuforiji Bags NUJ Political Leadership Award

Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji has been commended for his leadership role in the state.…

Metro, News

Time Bomb In Ogijo

A first visit to Magbo Community in Ogijo, Ogun State, Southwest Nigeria, reminds one of the many neglected areas in…
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