• Buhari hails Lagos, Kebbi over Lake Rice

    President Muhammadu Buhari has commended Lagos and Kebbi states for the successful partnership that gave rise to the local production of Lake Rice. The President specifically commended the commitment of Governors Akinwunmi Ambode and Atiku Bagudu in bringing to fruition the Memorandum of Understanding (MoU) signed in March 2016 on ...

  • Raila calls for mass action over election

    Opposition protesters plan to pour into the streets in mass action starting January 4 to protest what they call Jubilee's "legal coup". Yesterday Jubilee lawmakers passed amendments that Cord says weaken electoral laws and enable rigging and election theft. Cord leaders Raila Odinga and Kalonzo Musyoka yesterday said the demonstrations ...

  • LAKE Rice: Buhari commends Lagos, Kebbi

    Olalekan Adetayo, Abuja President Muhammadu Buhari on Friday commended Lagos and Kebbi States for the successful partnership that gave rise to the local production of LAKE Rice (Lagos-Kebbi Rice). In a statement by his Special Adviser on Media and Publicity, Mr. Femi Adesina, the President lauded the commitment of Governors ...

  • Buhari eager to reflate economy – Amaechi

    The Minister of Transportation, Mr Rotimi Amaechi, says President Muhammadu Buhari is eager to reflate the economy and deliver to the people the gains of his administration. Amaechi stated this in a statement by the Director, Press and Public Relations Department of the Ministry, Mrs Yetunde Sonaike, on Friday in ...

  • Recession: ‘My four-year-old son told me to go to ATM…”

    As the Christmas approaches, some families have complained about the adverse nature of the economy, which had made it impossible for them to provide for their families. They said on Friday in Lagos that they would strive to work within their “limited budget’’. Mrs Mary Okoye, a trader, said that ...

  • Polaris unveils high resolution digital imagery at workshop

    The 2016 edition of the Discovery Day Lagos Workshop was held on Thursday, December 8 at the Oriental Hotel Victoria Island, Lagos. The event organized by Polaris Digitech Limited – Nigeria’s premier geospatial business solutions company, in conjunction with Digital Globe, the world’s leading provider of high –resolution Earth imagery, ...

  • Senate ‘recess delays’ resubmission of ambassadors’ list

    Mr. Geoffrey Onyeama, Minister of Foreign Affairs, said the list of the 47 non-career ambassadors rejected by the Senate will be resubmitted when the upper legislative chamber resumes from its recess. Onyeama told the News Agency of Nigeria (NAN) in New York that the list was being delayed by the ...

  • Buhari hails Lagos, Kebbi over Lake rice

    President Muhammadu Buhari has commended Lagos and Kebbi states for the successful partnership that gave rise to the local production of LAKE Rice (Lagos-Kebbi Rice). The President specifically commended the commitment of Governors Akinwunmi Ambode and Atiku Bagudu in bringing to fruition the Memorandum of Understanding (MoU) signed in March ...

  • Senate Recess Delays FG’s Re-submission Of Non-career Ambassadors’ List – Onyeama

    Mr Geoffrey Onyeama, Minister of Foreign Affairs, says the list of the 47 non-career ambassadors rejected by the Senate will be resubmitted when the upper legislative chamber resumes from its recess. Onyeama told the Correspondent of the News Agency of Nigeria (NAN) in New York that the list was being ...

  • PMB Commends Lagos, Kebbi On Lake Rice, Says There’s More To Come

    President Muhammadu Buhari commends Lagos and Kebbi States for the successful partnership that gave rise to the local production of LAKE Rice (Lagos-Kebbi Rice). The president particularly salutes the commitment of Governors Akinwunmi Ambode and Atiku Bagudu in bringing to fruition the Memorandum of Understanding (MoU) signed in March 2016 ...

  • A tale of two pensioners: Oliver Twist ex-governors and agonised retirees

    Increasing demands for exorbitant life pensions by Nigeria’s political leaders deepen exploitation of the poor and further put pressure on the ailing economy, writes CHUX OHAI In one corner of the Akposheris’ family compound in Effurun, Delta State, lies the grave of Pa Ovie Akposheri (not real name). For his ...

  • E-Payment: CeBIH calls for cooperative competition among stakeholders

    The Committee of E-Banking Industry Heads has called on banks and other electronic payment service providers to embrace ‘cooperative competition’ in order to maximise the potential of the industry. Established July 2009, CeBIH comprises all heads of e-business/e-channels and cards services of all the 23 banks in Nigeria. The primary ...

  • Stamp duty: NIPOST shops for audit firms

    Everest Amaefule, Abuja The Nigerian Postal Service has begun shopping for firms to conduct forensic audit on Deposit Money Banks in order to ascertain how much they have collected from the controversial stamp duty. Our correspondent reported that some banks had not been faithful in remitting all the funds accruing ...

  • 2017: Buhari, Osinbajo to spend N1.05bn on foreign trips

    Olalekan Adetayo, Abuja The foreign trips of President Muhammadu Buhari, Vice President Yemi Osinbajo and the State House headquarters will gulp about N1.05bn in the 2017 fiscal year. Their local trips will cost the nation N353.115m. These are some of the details of the 2017 Appropriation Bill currently before the ...

  • Nestle inaugurates Abuja community water facility

    Anna Okon As part of efforts to ensure healthy hydration, Nestlé Waters Nigeria has inaugurated a community water facility to provide access to safe and clean drinking water for over 1,000 villagers in the Maderegi suburb of the Federal Capital Territory, Abuja. A statement from the firm quoted the Country ...

  • FBN Capital gets global recognition

    FBN Capital Limited, the investment banking and asset management subsidiary of FBN Holdings Plc, has been named the ‘Best Local Investment Bank in Nigeria’ and the ‘Best Asset Manager in Nigeria’ at the ninth  EMEA Finance African Banking Awards 2016. The event was held in London, the firm said in ...

  • How to make PPP work, by experts

    For Public Private Partnership (PPP) to work for infrastructure delivery, there is need for stakeholders to prioritise the review of existing legal framework, address adaptive and social challenges, experts have said. The experts who spoke at a two-day colloquium organised by the Centre for Ethics and Sustainable Development (CESD) at ...

  • UN backs Nigeria on illicit money flow

    The UN General Assembly on Thursday, unanimously adopted Nigeria-sponsored resolution on: “Promotion of International Cooperation to Combat Illicit Financial Flows” in order to foster sustainable development. The Correspondent of the News Agency of Nigeria (NAN) in New York, reports that the resolution was strongly supported at various levels by the ...

  • Christmas: Abuja Parks, Gardens ready for fun seekers

    Parks and recreation owners in Abuja have geared up preparation ahead of the Christmas and New Year celebration to make brisk business. Some of the parks visited by the News Agency of Nigeria have received decorations and make-up in anticipation of an influx of fun seekers during the yuletide. With ...

  • External reserves hit $25.2bn as dollar shortage bites

    Oyetunji Abioye The nation’s foreign exchange reserves have risen to over three-month high of $25bn, according to data on the website of the Central Bank of Nigeria. Specifically, the statistics showed that the external reserves rose to $25.2bn on December 19. The last time the reserves recorded this figure was ...

  • Trump’s appointment of Bayo Ogunlesi a ‘smart’ decision – Onyeama

    The Federal Government has hailed the appointment of Mr Bayo Ogunlesi by U.S. President-elect Donald Trump as an economic adviser, saying the decision is a smart move. The Minister of Foreign Affairs, Mr Geoffrey Onyeama, told the News Agency of Nigeria  in New York that Ogunlesi is an outstanding professional ...