• Nigeria:Statistician General Optimistic About Investment Prospects in Nigeria

    [This Day] The Statistician General, National Bureau of Statistics (NBS), Dr. Yemi Kale, has stated that there are still great investment prospects for investors who want to invest in the economy, despite the current challenges facing the country.

  • Recoveries from whistle-blower policy exceeded our expectations – Adeosun

    Ifeanyi Onuba, Abuja The Minister of Finance, Mrs. Kemi Adeosun, on Sunday said that the recoveries, which the Federal Government had made through the implementation of the whistle-blower policy, had exceeded its expectations. Adeosun stated this in an article written by her and made available to our correspondent by her ...

  • Naira closes at 363/dollar, CBN sells forex to manufacturers, airlines

    Oyetunji Abioye The Central Bank of Nigeria has injected $285.7m into the Inter-Bank Foreign Exchange Market to meet requests in four sectors of the economy. This came just the naira closed at 363 per United States dollar on Friday, the same rate it had closed in the past one week. ...

  • IMF: banks must recapitalise

    Many commercial banks need to raise new capital and boost their capital adequacy ratios for them to drive the desired growth in the economy, the International Monetary Fund (IMF) said at the weekend. The IMF’s Mission Chief for Nigeria, African Department, Amine Mati, said the commercial lenders needed recapitalisation to ...

  • 2017 APC NEC: Examining Odigie-Oyegun’s Scorecard And The Task Ahead

    By Tijani Abdullahi Markafi – As the National Caucus and National Executive Committee (NEC) of the All Progressives Congress (APC) meets in Abuja on 30-31 October 2017, top on the agenda will be the need for urgent reforms in the area of Party discipline, finance and organization. Also, the party ...

  • Enelamah: Changing Nigeria’s Trade, Investment Story

    By Lewis Chukwuma – Dr. Okechukwu Enelamah was nominated by President Muhammadu Buhari to join the federal cabinet in October 2015 and was subsequently appointed to the Industry, Trade, and Investment portfolio in November 2015. It was a merit-based appointment, by a president who follows his intuition. It was not influenced ...

  • Lagos Begins Enforcement On Road Traffic Law

    BY OGUNTADE ISMAILA, Lagos – The chairman of the Lagos State Task Force, Superintendent of Police (SP), Olayinka Egbeyemi yesterday said they will commence the enforcement of the Lagos State Road Traffic Laws of 2012 on motorcycle operators plying restricted routes across the state. He revealed this to journalist while ...

  • ‘How SARS officials shot me for no reason’

    Olufemi Atoyebi, Ibadan A graduate of Kwara State Polytechnic, Ilorin, Ekwere Imoh, has alleged that men of the Special Anti-Robbery Squad, Oyo State Police Command, shot him and a female friend, who was simply identified as Doris, at Bodija market area in Ibadan on Saturday night. According to the graduate ...

  • TCN yet to access $1.5bn power project loans – MD

    Okechukwu Nnodim Transmission Company of Nigeria says it has yet to access the power infrastructure expansion loans totalling $1.5bn from foreign creditors. The company also said power transmission projects were among the highest number of abandoned contracts in the country. The Interim Managing Director/Chief Executive Officer, TCN, Usman Mohammed, faulted ...

  • Beauty and brains behind Nigeria’s top comedians

    There is no doubt that comedy is a lucrative business in Nigeria. Top comedians keep laughing all the way to the banks, and one sometimes wonder how they are able to stay creative and innovative over the years. However, many of them have the right support on the home front; ...

  • Recession, blessing in disguise, says Adeosun

    The federal government has described the recent recession experienced by the country as a blessing in disguise. Minister of finance in an article circulated among media houses on Sunday  was optimistic that “not very long from now, Nigerians and the world will look back on this recession we have just ...

  • ACCESS BANK LAGOS CITY MARATHON:Car prize ignites prep for 10 km race

    There are indications that winners of the men and women 10 km race, to be introduced in the 2018 Access Bank Lagos City Marathon, will smile home with brand new cars, courtesy of the race’s Official Automobile Partner, GAC Motor. This has made thousands of runners double their preparations for ...

  • Miyetti Allah to Ortom: You have no right to chase us out of Benue

    Following the November 1 implementation date for the anti-grazing law in Benue State, the Miyetti-Allah Kautal Hore Fulani socio-cultural association has challenged Governor, Samuel Ortom over the law that to forbid its members from the state.  National President of the association, Alhaji Abdullahi Bodejo at the weekend said at  a ...

  • IBEDC Canvasses Increase Private Sector Investors To Tackle Unemployment

    By Ejike Ejike, Abuja The chairman, Ibadan Electricity Distribution Company, IBEDC, Dr Tunde Ayeni, has canvassed for increase private sector investors to tackle unemployment in Nigeria. ‎Ayeni, who made the call while presenting a paper on “Building A Viable Economy: The Private Sector Roles” at the Nigeria Union of Journalists, ...

  • Sokoto To Power Rural Communities With Solar -Gidado

    BY ANKELI EMMANUEL, Abuja Sokoto state government would soon power rural communities not connected to the national grid with solar energy, Bashir Gidadao has divulged. Gidado, who is the Special Adviser to governor Aminu Waziri Tambuwal on Public Private Partnership (PPP) added that, in no distance time, a number of ...

  • Delayed shipment: Exporters risk cancellation of supply contracts

    Anna Okon Nigerian exporters are at the risk of having their supply contracts cancelled by foreign buyers due to delay in shipment of cargoes. Our correspondent gathered from exporters that the delay in shipment was caused by the confusion around the Apapa port, Lagos, where dreadful gridlock in the past ...

  • Why Nigeria Export Is Rejected Abroad – Group

    BY YUSUF BABALOLA, Lagos Stakeholders have identified multiplicity of regulatory agencies, cumbersome documentation process, poor import infrastructure, high and duplicated charges as reasons why Nigeria exports are rejected abroad. Speaking to LEADERSHIP in Lagos through its President, Lucky Awimero, the National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), ...

  • Presidente do TRF1 cassa liminar que suspendia realização dos leilões do pré-sal

    A previsão é de leilão de oito blocos de exploração de petróleo e gás naturalArquivo/Agência Brasil O presidente do Tribunal Regional Federal da 1ª Região (TRF1), desembargador Hilton José Gomes de Queiroz, cassou a liminar do juiz Ricardo de Sales, da 3ª Vara Federal Cível do Amazonas, de suspender os ...

  • Meirelles sobre relatório da CPI da Previdência: 'Déficit é inquestionável'

    O ministro da Fazenda, Henrique Meirelles, disse nesta sexta-feira (27/10), que o déficit da Previdência é "inquestionável", em reação ao relatório da Comissão Parlamentar de Inquérito (CPI) da Previdência instaurada no Senado Federal, que apontou inexistência de rombo nas contas da área.Como mostrou nesta sexta a colunista Sonia Racy, o ...

  • Dynamism Defines Today’s Public Relations – Olowola

    Meka Olowola is a communication specialist. He is managing partner, Zenera Consulting Limited and executive chairman, BuzzDigital, a social media and digital marketing company. He breaks down marketing communication and public relations and all that need to be done in the areas. He spoke to ONYEANUNA ONYEDIKACHI. What can be ...

  • 2017 APC National Caucus/NEC Meetings: Examining Odigie-Oyegun’s Scorecard and the Task Ahead

    By Tijani Abdullahi Markafi As the National Caucus and National Executive Committee (NEC) of the All Progressives Congress (APC) meets in Abuja on 30-31 October 2017, top on the agenda will be the need for urgent reforms in the area of Party discipline, finance and organization. Also, the party will ...