President Goodluck Jonathan has approved the appointment of the immediate past National chairman of the Peoples Democratic Party (PDP) Alhaji Bamanga Tukur, as Chairman, Nigerian Railway Corporation. Tukur had only last week resigned from his position as National Chairman of the country’s ruling party. His appointment as chairman of the […]
World News
UPDATE1-CBN Retains Rate at 12% for 14th Time, Ups CRR to 75%
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Nigeria’s Central Bank Tuesday retained the Monetary Policy Rate (MPR) at 12 percent (12%) consecutively for the fourteenth time following its Monetary Policy Committee (MPC) held January 20-21 2013 in Abuja Nigeria. However, the public sector cash reserve requirement (CRR) was tightened to […]
Jonathan Transmits Names of 12 Ministerial Nominees to Senate for Clearance
President Goodluck Jonathan on Tuesday transmitted to the Senate, the names of 12 ministerial nominees for confirmation. The senate president, David Mark, announced the names of the nominees on the floor of the Senate at the resumed plenary session for the year 2014. In his words, the nominees are: 1. Mr. Boni […]
