The preliminary financial results for the first three quarters of 2012 announced on October 4, 2012 by ZTE, showed a net loss attributable to shareholders of between RMB1.65 billion and RMB1.75 billion
Author: Segun Adebowale
Signing the MoU in Ado Ekiti on Thursday, the state Governor, Dr. Kayode Fayemi, said the partnership will see to the establishment of one of the biggest cassava processing plants in Nigeria
Sources close to the Oyo State First Lady said she had just undergone a bone operation by her right shoulder and was placed on rest by her doctor when the news broke of her alleged arrest by the Metropolitan Police for purportedly being in possession of over N500 million in pounds and dollars
The kidnapped sailors are said to be in good condition
The sentence, handed down by a Lagos State High Court sitting in Ikeja on Thursday, also affected one of the accused simply said to be an accomplice
The IMF said the Central Bank of Nigeria needs to strengthen already existing policies for the country’s economy to grow further
The Principal of the school, Rev. Fr. E. Etamah, said in the past 26 years, Lumen Christi has maintained a track record of excellence and has received different awards in the past years, among which is coming tops among other schools with the best WAEC result in Nigeria in 2007, 2009 and 2011
President Jonathan while wishing the former President success in his new endeavour, said that he considered the appointment not only a personal honour to Chief Obasanjo, but also to Nigeria as a country
In a statement by Peter Okhiria, the Chief Press Secretary to Governor Adams Oshiomhole of Edo State, the government noted that preliminary investigations into the exercise revealed that it was fraught with unwholesome practices as the exercise sacrificed merit on the altar of other selfish motives
Besides the commission was particularly taken aback that no dime was paid for vital projects, including the Abuja liaison office of the state, the Osun Five Star Hotel and the Osogbo-Iwo Road listed as those to be financed with the loan
Fiakpa said the constitution of the interim board was sequel to the recent resignation of members of the board of directors of the company, following anomalies/misstatements discovered in the audited financial statements of the company for the year ended December 31, 2011
The Chibok Divisional Police Station, a Bible School, a primary school and a telecoms mast were torched by the Boko Haram members late on Tuesday
The suit, filed before an Abuja High Court, is to demand for damages for defamation of character by Zanna, who was accused of having links with members of the dreaded sect, Boko Haram
Thirty other persons are reported injured in the fire outbreak at a wedding in eastern Saudi Arabia
The three influential men, based on recent revelations, are a former Governor of Borno State, Senator Ali Modu Sheriff; and Senators Ahmed Zanna and Ali Ndume
The cabinet reshuffle saw the Minister of State for Power, Arius Dickson Ishaku, swapping place with the Minister of State for Niger Delta Affairs, Hajia Zainab Kuchi
Governor Adams Oshiomhole of Edo State has ordered the immediate promotion of three teachers even as he directed the demotion of the Principal of Annunciation Catholic College Junior Secondary School over alleged incompetence
Okorie had sought the registration of the United Progressive Party, a request that has been endorsed by INEC
It was learnt that Ekere fell out with his boss and Governor of the state, Obong Godwill Akpabio, over permutations for the 2015 governorship election
The Lagos State Government has therefore warned those who make use of the ocean and lagoon areas to be careful as the effects of Hurricane Sandy may be felt there