• Osinbajo condemns importation of artisans into Nigeria

    Vice president Prof Yemi Osinbajo on Tuesday condemned the importation of skilled artisans from neighbouring West African countries into Nigeria. He said that Nigeria has a high number of talented youth with an aggressive mind to succeed in trade, commerce and entrepreneurship. Prof Osinbajo said this at the commissioning of ...

  • Youth empowerment, solution to economic recovery, says Don 

    Director, Centre for Entrepreneurship Studies at Lagos State University (LASU), Prof.Martins Anetekhai has advocated youth empowerment as the fastest route to economic recovery. Anetekhai advised Nigerians to become empowered in various skills and never wait till the nation crumbles before they find solutions to the falling economy. He spoke while delivering ...

  • FG to give preference to indigenous firms in contract award

    In an effort to boost indigenous technology and encourage Nigerian entrepreneurs, the Federal Government will soon unveil some incentives to Nigerian firms. The Minister of Science and Technology, Dr Ogbonnaya Onu gave the hints while delivering a keynote address at the Annual General Meeting (AGM) and 2017 Conference of the ...

  • Se salvaron de morir aplastados

    Dos adultos y un menor de edad, literalmente, escaparon de las garras de la muerte luego de que el auto en el que viajaban quedó aplastado por un camión articulado.De forma increíble, tres personas se salvaron de morir la noche de este lunes en un tramo de la carretera Interamericana a la altura de Las Lajas, distrito de Chame.Según ...

  • Navarro quiere ser el candidato del PRD ¡Otra vez!

    El exalcalde Juan Carlos Navarro confirmó públicamente que nuevamente correrá en primarias del partido PRD para presidente de la República. "Después de hacer las consultas... voy a ser candidato a las primarias del PRD. De hecho, lo soy desde hoy", dijo Navarro en una entrevista para Telemetro. Según el exalcalde, esta vez ...

  • Nigeria’s GDP up 1.4 per cent

    The Presidency yesterday described as a welcome development the latest Gross Domestic Product (GDP) figures released by the National Bureau of Statistics, with oil, agriculture and industrial sectors leading the growth. The Senior Special Assistant to the President on Media and Publicity (Office of the Vice-President), Laolu Akande, who stated ...

  • Army promotes 45 generals, 92 colonels

    THE Nigerian Army Council has promoted 45 Brigadier Generals to the rank of Major Generals and 92 colonels to the rank of Brigadier-Generals. According to a statement from the Director of Public Relations, Nigerian Army, Brig. General Sani Usman, the council approved the promotion yesterday. Some of those promoted to ...

  • Nigeria floats $3bn bond to fund budgetary expenditures 

    The Federal Government has floated the much awaited US$3 billion dual series bond to fund approved budgetary expenditures. A statement from the Federal Ministry of Finance yesterday quoted Minister  Kemi Adeosun as saying that “the government would utilise the proceeds of the Notes in funding the approved budgetary expenditures and for refinancing ...

  • LASG Gives Mosques, Churches 90-day Ultimatum Over Noise Pollution

    Worried by the proliferation of noise  in residential areas, the Lagos State government has handed down 90-day ultimatum to churches and mosques to sound-proof their premises or risk closure. The section 9 of the law establishing Lagos State Environmental Protection Agency (LASEPA) empowered the agency to make regulations on acceptable ...

  • Governo dá aval para a criação da Empresa Simples de Crédito

    Já existem investidores no Distrito Federal dispostos a injetar recursos na futura Empresa Simples de Crédito (ESC). “Para quem tem capital e quer emprestar dentro da lei, esse será um bom produto”,  afirmou o presidente da Câmara de Dirigentes Lojistas (CDL) do Distrito Federal, José Carlos Magalhães Pinto, destacando que ...

  • Customs hands over seized container of pharmaceutical products to NDLEA

    The Nigeria Customs Service (NCS), Tin-Can Island Command, on Monday said it had handed over a 40-foot container containing confiscated and falsely declared pharmaceutical goods to the National Drug Law Enforcement Agency ( NDLEA ). The  Customs Area Controller, Comptroller Yusuf Bashar, listed the items to include:  Spectradol (Tramadol) capsules, ...

  • Nigeria’s GDP grows by 1.40 % in Q3 – NBS

    The National Bureau of Statistics ( NBS ) says the nation’s Gross Domestic Product ( GDP ) grew by 1.40 per cent year-on-year in real terms in the 3rd quarter. The NBS stated this in a GDP Report for Third Quarter 2017 released in Abuja on Monday. The bureau stated ...

  • Despite progress, 180 million children face bleaker prospects than their parents

    Source: UN Children's Fund Country: WorldAccording to UNICEF, these children in 37 countries are more likely to live in extreme poverty, be out of school, or be killed by violent death than children in those countries 20 years ago. Despite progress, 180 million children face bleaker prospects than their parents – UNICEF ...

  • Nigeria:Commonwealth Investment Group Seeks More Opportunities in Nigeria

    [Guardian] The Commonwealth Enterprise and Investment Council (CWEIC) has said it will strengthen its relationship and commitment to the country and the business community, as Nigeria emerged a vital destination in achieving its goal.

  • Nigeria:Moghalu Calls for N500 Billion Venture Capital for Job Creation

    [Daily Trust] Lagos -A former Deputy Governor of the Central Bank of Nigeria, Professor Kingsley Chiedu Moghalu, has called for the establishment of N500 billion public-private partnership private equity and venture capital fund to support job-creation through access to entrepreneurship capital.

  • Nigeria:Nigerian Retail Investors Still Count Losses 10 Years After Meltdown

    [Guardian] Ten years after the 2007-2008 global financial crisis, which instigated a worldwide economic recession, bringing to a halt more than a decade of increasing prosperity for western economies and wiping a staggering $1 trillion off the value of the world economy, Nigerian investors are recounting their loss, even as ...

  • DBN To Expand Opportunities For MSMEs

    BY BAYO AMODU, Abuja – As part of efforts to expand the opportunities available to operators in the Small and Medium enterprises sector, the Development Bank of Nigeria (DBN) will soon sign on Deposit Money Banks (DMBs) and more Micro Finance Institutions (MFIs) before the end of the year. Disclosing ...

  • Intels’ Saga: Fresh 11 Zone Operators To Quit Onne Free Zone

    YUSUF BABALOLA, Lagos – There are strong indications that additional 11 companies operating at the Onne Free Trade Zone, has decided to voluntarily wind down their operations in the free zones, LEADERSHIP has learnt. This is coming against the backdrop of the withdrawal of 2017 operational license of oil/gas logistics ...

  • Ecological Fund Breathes Life To Ajata Community In FCT

    BY TARKAA DAVID, Abuja – It was finally a dream come true for the people and residents of Gidandaya-Ajata community under Orozo ward in the Abuja Municipal Area Council (AMAC) in the Federal Capital Territory (FCT) as they witnessed the presence heavy duty equipment mobilised to site for the reconstruction ...

  • Union Hails FG’s Economic Recovery Plan, Seeks Proper Implementation

    By Tunde Oguntola, Abuja – Lauding the federal government efforts on Economic Growth Recovery Plan (EGRP) the Industrial Global Union, Africa has called for a robust implementation of the recent Executive Orders to promote ease of doing business. Speaking during a press briefing yesterday, the Vice President, Industrial Global Union, ...

  • Why it’s difficult to repatriate looted funds, by Osinbajo

    Vice President Yemi Osinbajo yesterday identified two major obstacles to efforts to repatriate looted funds kept in offshore accounts. Osinbajo noted foreign countries warehousing stolen funds deliberately create rigorous obstacles and set humiliating conditions in cases where such monies are to be released. He also said the willingness of developed ...