• Court orders police to produce Evans’ brother-in-law

    Oladimeji Ramon The Federal High Court in Lagos has ordered the police to bring before it one Mr. Okwuchukwu Obiechina said to be the brother-in-law of alleged kidnap kingpin, Chukwudumeme Onwuamadike, alias Evans. Justice Mohammed Idris, who made the order, said Obiechina must be brought before him on Thursday, October ...

  • AICOM, PenCom, LASG to lead discussions at NAIPCO conference

    The National Insurance Commission, National Pension Commission and Lagos State Government are to lead discussions on burning industry issues at the Insurance and Pension Correspondents 2017 Conference on Oct. 25. The National Association of Insurance and Pension Correspondents, in a statement by its President, Mrs Omobola Tolu-Kusimo, said the conference ...

  • You have no business being corrupt, Olanipekun tells judges, magistrates

    The anti-graft war of the President Muhammadu Buhari-led administration has continued to receive a groundswell of support with a Senior Advocate of Nigeria, Chief Wole Olanipekun,  urging the bar and the bench to shun corruption and unethical practices. Olanipekun spoke on Tuesday at the Bar and Bench Forum as part ...

  • Buhari Writes Senate, Request Approval For $5.5b Foreign Loan

    BY SOLOMON AYADO and AHURAKA ISAH, Abuja President Muhammad Buhari today wrote to Senate requesting it to grant an approval for the federal government to secure a foreign loan of $5.5b to finance the 2017 appropriation Act. The loan shall be used to fund projects. Details shortly….. The post Buhari Writes ...

  • Qatar must stop ‘supporting terrorism’ before World Cup, says UAE

    Qatar should not host the 2022 World Cup unless it changes it policies “supporting extremism and terrorism,” a United Arab Emirates (UAE) minister said on Tuesday. UAE Minister of State for Foreign Affairs, Anwar Gargash gave this warning amid the latest attack on Doha in a four-month long dispute in ...

  • SME Fund critical to national development — Jones

    A chartered stockbroker and banker, and an authorised dealer on the Nigeria Stock Exchange floor, Mr. Wemi Jones, has said for the country to see desired development in the economy, a Small and Medium Enterprise Fund must be established. He noted that the fund must have a single-digit interest rate ...

  • CBN forex supply hits $390m in one week

    ’Femi Asu The Central Bank of Nigeria injected a total of $195m into the interbank foreign exchange market on Monday, with the naira remaining unchanged at 363 against the United States dollar. The CBN on Tuesday, last week, intervened in the interbank forex market with the sale of $195m. Figures ...

  • Riesgo a desastres debe sumarse ya a presupuestos latinoamericanos, urgen especialistas

    Source: Inter Press Service Country: WorldDesde 1960 hasta el 2017, la región enfrentó 2.269 desastres declarados como emergencia, que causaron la muerte de 532.284 personas y que significaron pérdidas económicas por más de 213.000 mil millones.Por Daniel Salazar SAN JOSÉ, 6 oct 2017 (IPS) - América Latina y el Caribe requiere incorporar ...

  • Rural areas are key to food production and economic growth in developing countries - FAO Report

    Source: Food and Agriculture Organization of the United Nations Country: WorldRural areas have vast potential for economic growth pegged to food production & related sectors. Achieving the 2030 development agenda will hinge on unlocking that potential. Rural areas, too long seen as poverty traps, key to economic growth in developing countries But sweeping ...

  • Nigeria: PR Experts Blame Low Foreign Investment On Country's Poor Image

    [Guardian] Abeokuta -Experts in the public relations profession have blamed the low influx of foreign investors in Nigeria on its poor image among the comity of nations.They spoke at the weekend in Abeokuta, during the 2017 colloquium of the Ogun State chapter of the Nigeria Institute of Public Relations (NIPR).

  • PUNCH donates books to FUT Minna

    Enyioha Opara, Minna The PUNCH Newspaper Nigeria Limited has donated books covering articles on personal finance and management to Federal University of Technology, Minna, Niger State. The Vice-Chancellor of Federal University of Technology, Minna, Prof. Musbau Akanji, who received the books, noted that they came at an important time in ...

  • No law mandates me to discuss contracts with you, Baru replies Kachikwu

    Okechukwu Nnodim, Abuja The Managing Director, Nigerian National Petroleum Corporation, Maikanti Baru, on Monday officially responded to the recent allegations of insubordination and corruption levelled against him by the Minister of State for Petroleum Resources, Ibe Kachikwu. According to the NNPC, the response was following a directive from President Muhammadu ...

  • Oil workers proposed strike will cost Nigeria N150bn daily – LCCI

    The Lagos Chamber of Commerce and Industry has warned that the economy would lose an estimated N150bn daily, if the proposed strike by PENGASSAN and NUPENG is not averted. The Director-General of LCCI, Mr Muda Yusuf, on Monday in Lagos said that it would not be a good development for ...

  • IPI Solutions Wins ‘Microsoft CSP Partner Award

    Kayode Tokede, Lagos IPI Solutions has emerged as the winner of Microsoft CSP partner award for 2017 at the “FY18 Microsoft Nigeria Partner Kick Off” event held in Lagos late September. The award was quite exciting, coming at the eve of IPI Solutions’ preparations to launch a suite of new ...

  • Oito anos depois, Caixa Económica Montepio Geral regressa ao mercado de dívida

    A procura superou a oferta em 5 vezes tendo o montante inicial da emissão sido aumentado dos 500 milhões de euros previstos inicialmente, para os 750 milhões de euros, informou a instituição liderada por José Félix Morgado.

  • PSC faults IG on police promotion, discipline

    Adelani Adepegba , Abuja The Police Service Commission has blamed the Inspector-General of Police, Ibrahim Idris, for the rot in the police force, accusing him of not implementing the directives sent to him. The commission said though it had constitutional powers to appoint, promote and discipline police officers, it did ...

  • Stanbic IBTC to boost pension growth

    Nike Popoola Stanbic IBTC Pension Managers Limited has said it will partner other stakeholders in the industry to help Nigerians to retire well. The PFA said this during the fifth edition of its employers’ forum, with the theme, “Partnering to deliver excellent pension administration services,” in Ibadan, Oyo State. According ...

  • LAKE Rice: LASG promises quality product

    The Lagos State Government says LAKE Rice is of top quality, adding that its standard will never be compromised. The state Commissioner for Agriculture, Mr. Oluwatoyin Suarau, on Saturday added that the product was a way of ensuring food security in the state. The commissioner, at a sales report review ...

  • Banks, Interswitch partner to boost retail lending

    Interswitch has partnered six commercial banks and three other firms to address the credit access gap in the underserved segment of the Nigerian population. This was possible through the launch of an online platform called Interswitch Lending Services. Launched in Lagos on Thursday, the platform would see individuals and businesses ...

  • How Nigeria can avoid another recession – ICAN

    Olufemi Atoyebi, Ibadan The Chairman of the Western zone of the Institute of Chartered Accountants of Nigeria, Mikahil Ogundiran, has called on the Federal Government to free the nation’s economy from dependence on oil by focusing on other sectors for foreign earnings. According to him, this will sustain the economy ...

  • Awosika wants women empowerment for economic turnaround

    Femi Makinde, Osogbo The Chairman, First Bank of Nigeria Limited, Mrs. Ibukun Awosika, has said that the country’s economy may not grow as desired except women are adequately empowered and encouraged to contribute their quotas to its development. Awosika spoke at the opening of the International Law Students’ Association Conference, ...