• $28.9b reserves: CBN warns against reckless forex spending

    • Retains interest rate at 14% With Nigeria’s foreign reserve standing at $28.9 billion, the Central Bank of Nigeria (CBN) has warned against reckless depletion of the kitty. Addressing reporters at the end of the bi-monthly Monetary Policy Committee (MPC) meeting in Abuja yesterday, CBN Governor, Godwin Emefiele said the ...

  • How We Ended Corruption In Judiciary In Lagos – Osinbajo

    Acting  President Yemi Osinbajo on Tuesday gave an insight on how  between 1999-2007, in Lagos State a reform of the judiciary ended the perception of corruption in that arm of government once the principle of enforcing consequences for bad behaviour was in place. Speaking earlier yesterday  at the monthly meeting ...

  • ‘School Feeding Programme To Attract N980 Billion Investment In Food Production’

    There are indications that Federal Government of Nigeria (FGN) initiative of a-meal a-day Home Grown School Feeding Programme will attract about N980 billion investments in food production. The Lagos State Deputy Governor, Dr. Idiat Oluranti Adebule who revealed this at a workshop to determine how best the FGN a-meal a-day ...

  • CSOs To Partner LEADERSHIP On Nutritional Awareness In FCT

    Coalition of civil society organisations, ‘Civil Society Scaling up Nutrition in Nigeria’ (CS-SUNN) has solicited for the collaboration of LEADERSHIP newspapers in a bid to properly disseminate nutritional awareness to the residents of the Federal Capital Territory (FCT) and Nigerians at large. The advocacy team leader of the group, Ngozika ...

  • ‘If I’m sent back to Nigeria, they would shoot me’ – migrant at risk of losing protection status

    Innocent Lokri, a Nigerian migrant who has been in Malta since 2009, told The Malta Independent that if he goes back to Nigeria, the least that would happen is that he would be shot and killed.Speaking with the Malta Independent, he said that he had tried to expose what was ...

  • Nigeria’s economy will grow in 2017 – Expert

    Prof Uche Uwaleke, an economic expert says he is optimistic that Nigeria’s economy will be ‘out of the woods’ this year. Uwaleke, the Head of Banking and Finance, Nasarawa State University, said this in an interview with the News Agency of Nigeria (NAN) in Abuja on Tuesday. He stated that ...

  • FG, NLC Partner To Tackle Corruption

    The Presidential Advisory Committe Against Corruption is to partner with  the Nigeria Labour Congress (NLC) on the fight against corruption in the country. The Executive Secretary of the Committe, professor Bolaji Owasanoye who disclosed this at the Inaugural meeting of the International Trade Unions Confederation (ITUC) Africa in collaboration with ...

  • House Of Reps Tasks DFIs On Economy

    The House of Representatives has said Development Finance Institutions (DFIs) must impact positively on the economy. This is just as the ad-hoc  Committee investigating the activities of DFIs expresses readiness to consider the position of the Bank of Industry (BoI). Chairman of the ad hoc committee, Hon. Emeka Anohu during ...

  • José Cuervo, el mayor fabricante de tequila del mundo, cotizará en la bolsa de valores desde febrero

  • I will not cling to power if defeated in August, Uhuru says

    President Uhuru Kenyatta has said he will hand over power if he loses the August 8, 2017 elections. Uhuru was responding to a question by a journalist whether he will accept the outcome or refuse to step down like what happened in Gambia. Gambia's former leader Yahya Jammeh flew into ...

  • FG advises Nigerians to avoid Libya

    Olalekan Adetayo, Abuja The Federal Government on Monday warned Nigerians against entering Libya illegally, saying those caught doing so would be executed. The Senior Special Assistant to the President on Foreign Affairs and Diaspora, Mrs. Abike Dabiri-Erewa, made the call in a statement made available to journalists. She made the ...

  • Foreign airliner loses gear on Abuja airport runway – Amaechi

    Olalekan Adetayo, Abuja The Minister of Transportation, Mr. Rotimi Amaechi, on Monday, disclosed that an aircraft, belonging to Lufthansa, had been grounded for the past three days at the Nnamdi Azikiwe International Airport. He said the aircraft got his landing gear damaged when it landed on the bad runway of ...

  • Chibok girls: FG knocks BBOG for anti-Buhari comment

    Olusola Fabiyi and Adelani Adepegba The Federal Government on Monday asked the BringBackOurGirls group to see the government as a partner rather than an adversary in the quest to secure the release of the abducted Chibok schoolgirls. The Minister of Information and Culture, Alhaji Lai Mohammed, who stated this in ...

  • FRC, corporate governance and regulatory overreach (3)

    The first major codes of corporate governance were put together by the Securities and Exchange Commission and Corporate Affairs Commission, in 2003, for the regulation of public companies in Nigeria. This was reviewed in 2007, and 2009. Other regulatory agencies have since followed suit: Central Bank of Nigeria, Nigeria Stock ...

  • OPS seeks inclusion in ease of doing business panel

    Olalekan Adetayo, Abuja The President of the Lagos Chamber of Commerce and Industry, Chief Nike Akande, on Monday urged the Federal Government to include members of the Organised Private Sector in the Ease of Doing Business Committee that it recently set up. Akande, a former Minister of Industry, spoke with ...

  • FG considers asset sales, others to revamp economy

    Olalekan Adetayo, Abuja The Minister of Budget and National Planning, Senator Udo Udoma, on Monday gave further insights into the Federal Government’s Economic Recovery and Growth Plan due to be launched next month. He said the government planned to privatise some selected national assets and restore the 2.2 million barrels ...

  • States back FG on probe of bailout spending

    Ifeanyi Onuba, Abuja The decision of the Federal Government to audit the utilisation of the N510bn stimulus package that was disbursed to states last year has received the backing of the commissioners for finance of the 36 states of the federation. The endorsement was confirmed by the Chairman, Forum of ...

  • FG to BBOG: Stick to your advocacy role

    The Federal Government on Monday advised the Bring Back Our Girls Group to stick to its advocacy role. The Minister of Information and Culture, Alhaji Lai Mohammed, also urged the group to see the government as a partner rather than an adversary in its quest to secure the release of ...

  • FG releases counterpart funding for Lagos-Ibadan rail project

    The Federal Government on Monday said it has released N72 billion as the full counterpart funding for the construction of Lagos-Ibadan modernization railway project. This was disclosed by the Minister of Transport, Rotimi Amaechi, at the second Presidential Business Forum in Abuja. He said: “For the construction of Lagos-Ibadan railway, ...

  • Manufactures Beg FG To Review 41 Banned Items

    The Manufacturers Association of Nigeria (MAN) has once again pleaded with the federal government to review foreign exchange policy of the Central Bank of Nigeria (CBN) which placed ban on 41 items from accessing the forex market. Speaking exclusively to LEADERSHIP, the president of the association, Mr Jacob Frank said ...

  • Obaseki Sets To Tackle Menace of Street Children In Edo

    Edo State Governor, Godwin Obaseki, has said the state government would partner religious bodies to address the menace of street trading by children. Governor Obaseki disclosed this when the Prelate of the Methodist Church, Nigeria, Dr Samuel Uche and other clerics paid him a courtesy visit in Government House in ...