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Plateau Govt Expends N4.7bn On Gratuities, Pensions

The Plateau Government says it has expended more than N4.7 billion on the payment of gratuities and pensions to its retirees between June 2007 and May...

Interbank Rates Drop On Budget Inflows

Nigeria’s Interbank lending rate fell on Friday to an average of 14.83 per cent after it initially rose to a multi-year record high of 16 percent...

AIG Posts $4.1bn Loss

American International Group (AIG) is back in the red. The bailed out insurer posted a net loss of $4.1 billion on Thursday, a loss per share...

More than 5,000 commuters last Friday besieged the Iddo Terminus of the Nigerian Railway Corporation to board the Lagos – Ilorin Mass Transit Train, a special Sallah service announced by the corporation. Our correspondent reports that over 1,000 people went home disappointed as they could not secure seats on the train. The NRC had on October 28 announced the special transit service for the Eid-el-Kabir scheduled for this weekend. The corporation announced a fare of N180 for economy class passengers on Lagos-Abeokuta route of about 97km while passengers on Lagos-Ilorin route pay N680 and N1, 010 for economy and first class respectively. It was also reported that the first train of 10 coaches left at about 9.30am with scores of passengers seen standing and lapping themselves, whiles the second train left at noon. Passengers, who spoke to Our correspodent lauded the intervention of the corporation, while those who could not make the trip, criticised what they called “poor arrangement” by the officials. One of the passengers, Mr. Mustapha Adisa, said the special train service afforded him the opportunity of taking his entire family to Ede, Osun, for the Eid-el-Kabir celebration.

More than 5,000 commuters last Friday besieged the Iddo Terminus of the Nigerian Railway Corporation to board the Lagos – Ilorin Mass Transit Train, a special...

US Job Market Improves As Unemployment Falls

The American job market improved modestly in October and economists looking deeper into the numbers found reasons for optimism , or at least what counts for...

US: Bomb Attack Likely In Abuja

A radical Muslim sect responsible for attacks that left more than 100 people dead in North-East Nigeria last week could bomb three luxury hotels frequented by...

Quality Leadership, Bedrock Of Good Governance – Amaechi

Rivers State Governor, Rt. Hon. Chibuike Rotimi Amaechi, has identified quality leadership as the bedrock of good governance. Governor Amaechi made the observation, at the public...

Scratching The Surface …Of Siasia’ Sack, Keshi’s Fresh Choice

It is like a circus show. One moment the coach of the Nigerian National soccer team, the Super Eagles is sacked, another moment another is named....

Amaechi Queries N7.8bn New Salary Bill Orders HOS, Finance Commissioner To Explain 3,000 Excess Staff

SPDC Reports More Sabotage Spills In Niger Delta