Wednesday, 29 November 2017

Nigeria raises $3b at international capital market.

Nigeria raises $3b at international capital market – Adeosun



Communication firm loses millions in an inferno

Communication firm loses millions in an inferno




One of the terrestrial PayTv service providers, Communication Trends Limited (CTL) in Umuahia, the Abia State capital on Wednesday lost property worth millions of naira as a mysterious fire gutted their property.

 The cause of the fire incident at the time of the report was yet-to-be known, but sources around the area said that it took the timely intervention of men of Abia State Fire Service to stop the fire from damaging nearby properties.

 According to an eyewitness, the staff of the cable television network, in charge of the studio located in caravan was said to be absent where the fire started.

 The source who is staff of a firm near the studio said he got to know of the inferno when his office generating set started jerking outside the office.

 The Source said, “We were inside our office and all of a sudden our generating set started jerking and by the time we went out to check what was happening we saw smoke all over the CTL office.

 “We made efforts to stop the fire with our fire extinguisher, but when we discovered that it could not quench the fire, we decided   to call the men of the fire service”.

When our correspondent visited the scene of the inferno, the men of the State fire service where seen controlling the fire to ensure that it doesn’t spread to nearby buildings.

 A staff of the State Fire service, identified as, Madu John said they received a distress call from their headquarters about the fire incident and raced to the scene to fight the fire.

 A Police officer from the Central Police Station (CPS) Umuahia who craved anonymity said they were on ground to ensure that hoodlums do not take advantage of the inferno to loot properties of innocent people around the scene.

 He confirmed that the men of the fire service who arrived the scene earlier were able to bring the fire under control.

 Meanwhile the State commissioner for information Mr. John O. Kalu who visited the scene of inferno commended the men of the fire service for their timely intervention which stopped further damage to properties around the scene.

 Kalu thanked God that no life was lost in the inferno, adding that he will relay the information to the state government to see ways they can assist the station to come back on air.

Why FG suspended DG SEC, 2 others over alleged corruption

18 states yet to establish traffic management agencies

FG approves payment of N1.7 bn for gurara dam pipeline project

FG considering permanent solution to plight of Nigerian refugees in Libya, Europe

Project writing palaver in institutions.


UNILORIN, UNILAG record highest pass rates in bar exam

Breaking News: ASUP Suspend 15-day-old strike as they reach agreement with FG

ASUP poly lecturers suspend 15-day-old strike.

Polytechnic lecturers have suspended a nationwide strike they started on November 13 over failure of government to meet their demands. 

Miss Port Harcourt city holds December 2

Miss Port Harcourt city holds December 2

•Winner to get brand new car, cash prize

The second edition of Miss Port Harcourt city beauty pageant is set to hold on Saturday, December 2, 2017 at L.A Dome, Stadium Road Port Harcourt (inside L.A kings), Rivers State.

100 million fans to watch Falz live

100 million fans to watch Falz live

Nigerian entertainer, Falz is set to wrap up the year as he plans to host a 7-hour live concert that will reach at least 100 million fans real time.

Obaseki restates commitment to fight human trafficking

Obaseki restates commitment to fight human trafficking




Gov. Godwin Obaseki of Edo says his administration is willing to support any initiative that will curb human trafficking.

Obaseki, represented by his Deputy, Philip Shaibu, stated this on Tuesday when he hosted the executives of the African Youth Commission at Government House, Benin.

He said the way youths travel out of the country to be used as slaves in their host countries is unacceptable.

Obaseki, who described human trafficking as “modern day slavery’’, noted that one of the goals of his administration was to build the capacity of youths to enable them to compete favourable with their counterparts across the world.

“For us as a government, we believe we should reduce unemployment and also help to reduce illegal migration.