• Ibekaku Applauds PMB’s Decision On Electoral Act Bill

    The Enugu West Senatorial Candidate under the platform of All Progressive Congress (APC) and immediate past senior advisor to President Muhammadu Buhari on Justice Reform Sector and National Coodinator, Open Government Partnership Barrister Mrs Juliet Ibekaku Nwagwu has applauded the president over his  rejection of assent to the 2018 Electoral ...

  • Rio Ferdinand and Guinness World Record Holder Play Football in Lagos.

    Guinness ambassador and legendary international footballer, Rio Ferdinand, was recently in Lagos, Nigeria as part of his partnership with the extraordinary brand, as Guinness identified and rewarded football Fans Made of More.   During his visit, Rio met two-time Guinness world record holder, Harrison Chinedu, among other things, and took ...

  • 2019: Emir tasks women on voting candidates with their interest

    The Emir of Kano, Malam Muhammadu Sanusi II, has challenged Nigerian women to vote in leaders whose electoral campaign prioritizes promotion of women welfare and abuse against women in the society. The Emir made the call at his Palace during a courtesy call made by The Strong Women Network, a ...

  • NLC to place governors owing salaries, pensions on “watch list”

    The Nigeria Labour Congress (NLC) is to liase with the International Trade Union Congress (ITUC) to place names of governors in the states where workers are being owed salaries and pensions for several months on a “watch list”. NAN reports that the ITUC is the world’s largest trade union federation. ...

  • Nigeria: Nigeria, an Investment Destination of Choice - Osinbajo

    [Premium Times] Nigeria is a leading investment destination for potential and serious investors, and the business opportunities are abundant and increasing, Vice President Yemi Osinbajo says.

  • Ábalos apunta a un aumento de la inversión en los Presupuestos de 2019

    Madrid, 11 dic (EFE).- El ministro de Fomento, José Luis Ábalos, ha asegurado hoy que la pretensión de su departamento es elevar la inversión en los Presupuestos Generales del Estado para 2019, lo que cuenta con la "comprensión de Hacienda", y ha avanzado que, además, se elevarán las ayudas al ...

  • ‘Nigeria Still Safe Investment Destination’

    Former minister of information and culture Mr Tony Momoh has insisted that Nigeria is still a safe destination for investment. He stated this in Abuja yesterday during the annual master lecture series organised by the National Institute For Hospitality and Tourism (NIHOTOUR) with the theme, ‘Safe Destination: A Panacea For ...

  • CBN, EFCC to punish forex policy violators

    SANCTIONS await banks, their customers and businesses that abuse the Central Bank of Nigeria’s (CBN’s) policy restricting foreign exchange (forex) allocation to 41 items. Culprits are to be investigated and sanctioned, the apex bank said yesterday through its Director, Financial Policy & Regulation Department, Kelvin Amugo. The investigation will be ...

  • Nigeria: Banks Contributions to Agro-Business, SME Investment Scheme to Hit N90 Billion - Emefiele

    [Vanguard] Lagos -Governor of Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, said yesterday, that banks' contributions to the Agro-Business/Small and Medium Enterprises Investment Scheme, AGSMEIS, will hit N90 billion by the end of this year.

  • Sovereign Trust Insurance Targets Increased Business In 2019

    Sovereign Trust Insurance Plc is targeting to surpass its over N10.1 billion insurance business it generated in 2018 financial year, next year. Speaking at the 2019 management retreat/budget session of the company in Lagos recently, managing director/chief executive officer, Mr. Olaotan Soyinka urged his colleagues in management to bring to ...

  • Dangote Boosting Investments In Agriculture

    The importance of Agriculture cannot be over-emphasised in Africa and particularly in Nigeria. Nigeria is blessed with a wide variety of agricultural potentials, ranging from varieties of crops to varieties of animals and plants and natural agricultural-supportive factors like forests, waters, sands and most of all human resources that are ...

  • ‘$600m Iron Ore Investment Will Create 3,500 Jobs ‘

    Minister of Finance, Mrs Zainab Ahmed has said the planned investment of $600 million (N183 billion) in an integrated iron ore mining processing and steel production plant in Kaduna state will create 3,500 direct jobs. The Finance Minister also claimed that the steel plant will generate 36 megawatts of electricity ...

  • CBN, Others Set To Launch National Microfinance Bank

    As part of efforts to enable speedy disbursement of its several intervention funds including the Agribusiness/Small and Medium Enterprises Investment Scheme (AGSMEIS), the Central Bank of Nigeria (CBN) has said it will in collaboration with the Bankers’ Committee and the Nigerian Postal Service (NIPOST) start the operation of a national ...

  • PENGASSAN To Atiku: We Won’t Accept Sale Of Refineries

    Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have warned politicians and other stakeholders who are already propagating sales of the nation’s refineries that such move is not acceptable to Labour as well as Nigerian workers Apparently referring to the declaration ...

  • CBN targets youths in new loan policy

    THE Central Bank of Nigeria (CBN) and the Bankers’ Committee have agreed to set up a committee headed by  Chief Executive Officers (CEOs) of commercial banks to create a strategy that will stimulate lending in the domestic economy. CBN Governor Godwin Emefiele broke the news yesterday at the end of ...

  • ECOWAS Parliament Speaker Urges Nigeria To Sign ACTA

    The Speaker,  Ecowas Parliament,  ,Moustapha Cisse has appealed to African leaders  who are  yet to sign the African Continental Free Trade Agreement ,especially Nigeria to sign it to build a strong economic community for the sub-region. The speaker made the appeal during the opening of the second ordinary session of ...

  • Plans Are On For Diaspora Voting – Dabiri-Erewa

    The Special Assistant to the President on Foreign Affairs and Diaspora, Mrs Abike Dabiri-Erewa says Federal Government is making necessary efforts to ensure that Nigerians in the Diaspora exercise their voting rights. Dabiri-Erewa who said this when the Rwanda High Commissioner to Nigeria, Mr Stanislas Kamazi, paid her a courtesy ...

  • Banks refuse to lend N60b SMEs fund, says Emefiele

    •National Microfinance Bank takes off January 2019 Commercial banks are not lending over N60 billion five per cent contribution from their annual profits to the Small and Medium Enterprises (SMEs), Central Bank of Nigeria (CBN) Governor, Godwin Emefiele said yesterday. The contribution from the lenders followed CBN’s directive to banks ...

  • Wike’s govt owes 2,000 Rivers pensioners over N70b –NUP

    THE Rivers State government is owing the over 2,000 protesting members of the Nigeria Union of Pensioners (NUP) in the state, under the contributory pension scheme, over N70 billion, the leadership of the union has said,. The spokesperson of the pensioners, Lucky Ati, who made the disclosure yesterday in Port ...

  • We don’t need foreign agencies to fight HIV – Aisha Buhari

    Wife of the President, Mrs Aisha Buhari, says Nigeria has enough resources to provide treatment for people living with HIV/AIDS, (PLWHA) without depending on foreign agencies. Mrs Buhari made the assertion at the launch of Free to Shine Campaign against Childhood Aids, at the Secretariat of African First Ladies Peace ...

  • Respite As Major Oil Marketers Shelve Strike

    Indications have emerged that members of the Major Oil Marketers Association of Nigeria (MOMAN) have rescinded their decision to embark on strike after expiration of the seven-day ultimatum issued to government. This is as the managing director of the Petroleum Products Marketing Company (PPMC),  Mr. Umar Ajiya, has disclosed that ...