Financial group appoints chairman

Norrenberger Financial Group has appointed Ibrahim Aliyu Bala as its chairman, Board of Directors. He joined Norrenberger Financial Group as chairman of the Board following a unanimous vote by the board of directors. The statement by the company, said Bala is a distinguished titan of industry with decades of experience in management and engineering. He is the group executive director in charge of business development of the Lagos Deep Offshore Logistics (LADOL) Base. Also, Bala had served as managing director of IBK Services Limited, and director of Niya Consultancy, Niya…

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FUTMINNA dismisses lecturer for sexual harassment

…expels 13 postgraduate students   Management of the Federal University of Technology (FUT), Minna, Niger State, has dismissed a lecturer from the Department of Geology, Omananyi Yunusa Adinoyi, following the outcome of investigation on an alleged sexual assault on a female student. It was learnt that the dismissal was approved during the university Council’s 131st meeting presided over by the Vice Chancellor (VC), Prof. Abdullahi Bala. The alleged sexual harassment was against a female student in the same department who took a course taught by Adinoyi. The decision was reached…

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Alleged fraud: Court grants ex-FCT minister, Bala, N500m bail

                  …fixes July 4 for trial     An Abuja High Court yesterday granted bail to a former Minister of the Federal Capital Territory (FCT), Bala Mohammed, in the sum of N500 million. The Federal Government had arraigned Bala on a six count charge bothering on alleged corruption, while he was occupying the office of the FCT Minister. Delivering the ruling in the bail application, the trial judge, Abubakar Talba, ordered the defendant to produce two sureties in the sum of N500 million. The two sureties must have landed properties…

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UEFA League: Barca eye yet another famous comeback

    Little over a month after producing the greatest comeback in Champions League history, Barcelona need another special turnaround as they face Juventus in the second leg of their quarter-final on Wednesday. Luis Enrique’s side were taken apart in the first leg in Turin, losing 3-0 to a Juve team inspired by Paulo Dybala, who scored twice. In the last 16 they became the first team ever to overturn a 4-0 deficit when they beat Paris Saint-Germain 6-1 in the return at the Camp Nou, so fans are hoping…

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Dickson signs 2017 budget, education bill into law

Bayelsa State Governor, Seriake Dickson, has signed the 2017 Appropriation Budget of N243.2 billion and the Educational Development Trust Fund Amendment bills into law. It will be recalled that the governor proposed an educational trust fund bill to help the less privileged in the state acquire education. Assenting to the bills at the Government House, Yenagoa, the governor said the budget, christened “Budget of Repositioning for Consolidation,” was aimed at completing various ongoing projects in the state. Dickson, who noted that the government appropriated N111 billion for capital projects alone,…

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Is Arik slipping into oblivion?

Government is at a crossroads on what to do with Arik Air, having injected N1.5 billion since it took over the carrier. It’s time to take far reaching decision on the airline’s future, writes WOLE SHADARE   Arik on life support For those who don’t know, Arik Air is currently dying a slow death and here are some of the signs. The airline has just five aircraft from the over 29 it acquired when it made a debut 10 years ago. It purportedly came with a difference with state-of-the-art aircraft,…

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$100m oilfield chemical investments at risk

The over $100 million investments in oilfield chemical sub-sector of Nigeria’s oil and gas industry is on the brink of collapse, New Telegraph has learnt. Investigations revealed that stakeholders in sub-sector are rising against this major threat to business exasperated by longerthan- necessary tendering cycle in Nigeria, which is six times longer than that of its rival oil producer in Africa, Angola. Former President, Nigerian Society of Chemical Engineers, Dr. John Erinne, has also confirmed this challenge. He told this newspaper on the side-line of Second National Oil and Gas…

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Fawehinmi: Why Senate can’t compel FG to sack Magu

Mohammed Fawehinmi, scion of the late Chief Gani Fawehinmi law dynasty in this interview with AKEEM NAFIU, speaks on the Senate, Presidency’s face-off, rejection of the chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, former Adamawa state’s governor, Bala Ngilari’s post-conviction bail, democratization of SAN award and sundry issues     There seems to be a crack in the Senate, Presidency relationship over the chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu’s rejection as the agency’s czar by the Senate. What does this portend…

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Turks in key vote on presidential powers

  Voting is under way in Turkey in a landmark referendum that will determine whether President Recep Tayyip Erdogan will be granted sweeping new powers. Erdogan is seeking to replace Turkey’s parliamentary system with an executive presidency. Supporters say the move would streamline and modernise the country, but opponents fear it could lead to greater authoritarianism. A “yes” vote could also see Erdogan remain in office until 2029. On Saturday, Turkish politicians made their final appeals to voters preparing to cast their ballots on one of the most sweeping programmes…

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