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Daily Archives: February 5, 2020

SON Debunks Claim Of Collapsed Online Application Portal

SON opens talks with China on Nigerian standards

Following recent reports that the online application portal for Standards Organization of Nigeria (SON) has been malfunctioning and causing hardship to freight forwarder, SON has refuted such claims, describing it as a blatant lie. A veteran freight forwarder and Deputy ...

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FAAN terminates firm’s contract on Lagos airport tollgate

FAAN terminates firm’s contract on Lagos airport tollgate

The Federal Airports Authority of Nigeria has terminated the concession of the tollgate of the Murtala Muhammed International Airport, Lagos to its concessionaire, Integrated Intelligent Imaging West Africa Limited, otherwise known as I-CUBE. The General Manager, Corporate Affairs of FAAN, ...

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FG approaches China for $17bn loans

‘FG supports creative industry with N7bn loan’

The Federal Government on Tuesday explained why it decided to approach the China-Exim Bank for a $17bn loan request. It said other lending institutions like the World Bank and the African Development Bank were not showing much interest when Nigeria ...

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Banks recover N39.4bn non-performing loans from ICT sector

Banks recover N39.4bn non-performing loans from ICT sector

Nigerian banks recovered N39.4bn non-performing loans from its debtors in the Information and Communications Technology sector in one year. As of September 2019, the NPL in the ICT sector stood at N76.54bn as against N115.94bn in the corresponding period of ...

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Uzodinma issues three-day ultimatum to absconded contractors

Uzodinma issues three-day ultimatum to absconded contractors

The Governor of Imo State, Hope Uzodinma, has threatened to revoke the agreements of contractors who abandoned their work. The governor, in a statement on Tuesday in Owerri  by his Chief Press Secretary, Oguwike Nwachukwu, said he would revoke the ...

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Buhari names Amokachi football ambassador

We did not appoint Amokachi technical director, says NFF

The President, Major General Muhammadu Buhari (retd.), has named ex-international, Daniel Amokachi, as the country’s football ambassador, a State House statement said on Tuesday. Amokachi, popularly known as ‘the Bull”, is both a former Super Eagles player and an assistant ...

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ITTF: Aruna ranked 18th, still Africa’s best

ITTF: Aruna ranked 18th, still Africa’s best

Nigeria’s Quadri Aruna maintained the 18th position he held last year in the world table tennis ranking for February, which was released on Tuesday. The ranking meant Aruna remains the best table tennis player in Africa, ahead of Egypt’s Omar ...

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Sanwo-Olu inaugurates ferries, says okada, Marwa ban irreversible

Sanwo-Olu inaugurates ferries, says okada, Marwa ban irreversible

The Governor of Lagos State, Mr Babajide Sanwo-Olu, on Tuesday inaugurated 14 commercial ferries at the Badore Ferry Terminal, Ajah. The boats, according to a statement, can take up to 40 to 60 passengers at a go and will commute ...

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CAN flays Buhari’s claim that 90% Boko Haram victims are Muslims

CAN flays Buhari’s claim that 90% Boko Haram victims are Muslims

The President, Major General Muhammadu Buhari (retd.), has said that it is not true that Boko Haram insurgency has claimed the lives of more Christians than Muslims. He argued that the contrary was the case, insisting that “90 per cent” ...

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