• NDLEA impounds 233 bags of marijuana in Enugu

    Ihuoma Chiedozie, Enugu THE National Drug Law Enforcement Agency on Sunday impounded 233 bags of marijuana during an operation in Enugu.  Southern City News gathered that the bags of marijuana were recovered from a drug trafficking syndicate operating in the area in an improvised warehouse in the Awgu area of ...

  • Recession ‘ll end in 2017 – FG

    Friday Olokor, Abuja Despite all the challenges facing Nigeria, the ongoing economic recession would end in 2017 because the foundation for a diversified economy was already being laid, the Federal Government assured on Tuesday. The government also premised its optimism on the fact that “the 2017 budget will strengthen the economy further.” The Secretary to ...

  • Moody’s endorses FG economic policies

    The Moody’s Investor Service, an international economic and financial rating agency, on Tuesday endorsed the various policies deployed by the Federal Government to manage the nation’s economy to exit from the prevailing economic recession. The rating agency in its explanation of the key drivers that informed Nigeria’s B1 rating asserted ...

  • FG will prosecute Boko Haram suspects – NSA

    The Federal Government has vowed to prosecute Boko Haram terrorists and others involved in acts of terrorism, using the instruments of the law. The National Security Adviser (NSA), Maj-Gen. Babagana Monguno (rtd), stated this on Tuesday in Abuja, at the technical consultations on developing comprehensive approach to prosecuting, rehabilitating, and ...

  • U.S Presidency: Trump hands over businesses to sons

    U.S. President-elect Donald Trump has announced on Tuesday that he would be leaving his businesses before his inauguration on Jan. 20, 2017, to concentrate on the presidency. He said his two sons, Don and Eric would manage them, with other executives. “Even though I am not mandated by law to ...

  • Fight Against Illicit Drug In Sokoto, A Continues Battle – Gen Nwosu

    The Commander, 1 Brigade Nigeria Army, Sokoto, Brigadier General, Ginikanwa Nwosu yesterday assured that the fight against illicit drug seller, hoarding and consumption in the Seat of the Caliphate remained a continues one for the command. Gen. Nwosu who decried that the ban on sales of illicit drug within the ...

  • President Bouteflika receives Vice President of Nigeria

    ALGIERS- President of the Republic Abdelaziz Bouteflika has received, Tuesday in Algiers, Nigeria's Vice President Yemi Osinbajo, who is on a two-day official visit to Algeria. The audience was attended by Prime Minister Abdelmalek Sellal, Minister of State, Minister of Foreign Affairs and International Cooperation Ramtane Lamamra, and Minister ...

  • Vice President of Nigeria pays tribute to National Liberation War martyrs

    ALGIERS- The Vice-President of Nigeria Yemi Osinbajo paid tribute to the memory of the martyrs of the national liberation at al-Alia cemetery in Algiers. Accompanied by the minister of State, Minister of Foreign Affairs and International Cooperation, Ramtane Lamamra, the Nigerians Vice President laid a wreath at the Martyrs’ square…

  • Nigerian Vice president starts official visit to Algeria

    ALGIERS- The Vice-president of Nigeria Yemi Osinbajo started, Tuesday, a two-day official visit to Algeria as part of the strengthening of friendship and fraternity relations. Upon his arrival at Houari Boumediene International Airport, Osinbajo was received by Prime Minister Abdelmalek Sellal, the minister of Foreign Affairs and International Cooperation Ramtane…

  • NIS elevates 21 officers in Bayelsa

    A total of 21 officers of the Nigeria Immigration Service, Bayelsa Command, have been promoted to their next rank following release of results of a recent promotion examination by the service. Addressing the newly-promoted officers on Tuesday in Bayelsa, Mr. William Oche, the Comptroller of the Command, urged them to ...

  • NDE Commissions First Made-in-Nigeria Toothpick And Pencil

    It was a historic day last Thursday in Akure, the Ondo state capital as the National Directorate of Employment (NDE) commissioned the first toothpick and pencil making factory in Nigeria. Nigeria with a population of over 170 million persons and being the largest economy in Africa, sadly import every pencil ...

  • Fashola restates FG’s commitment to Lagos-Ibadan road

    Oluwadamilola Taiwo The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has said that the reconstruction of the Lagos-Ibadan Expressway is part of the measures by the Federal Government to improve travellers’ experience and also take the economy out of recession. Fashola said this during an inspection of the ...

  • NCC, telcos to attract investments through spectrum trading

    Ozioma Ubabukoh Telecommunications stakeholders have said that secondary market of spectrum will enable spectrum resources to shift from low value users to higher value users. Prof. Hama Nwana of Atalantic Telecoms and Media, United Kingdom, said that Nigeria could manage spectrum in three ways including command and control and licence ...

  • FG, SunTrust Bank partner on N13bn housing scheme

    ’Femi Asu The Nigeria Mortgage Refinance Company, in partnership with SunTrust Bank Plc, has launched a N13bn mortgage refinancing scheme for federal civil servants. The Minster for Finance, Mrs. Kemi Adeosun, was quoted in a statement as saying that the Federal Government had earmarked N40bn in the 2016 budget for ...

  • IFC, SEC to drive investment in capital market

    Stanley Opara The International Finance Corporation, a member of World Bank Group, and the Securities and Exchange Commission of Nigeria, are collaborating to boost market integrity with a standardised corporate governance scorecard for public companies. The scorecard is expected to identify strong performers through enhanced disclosure, strengthen investor confidence and ...

  • Nigeria must put its foreign exchange folly behind it

    Nigeria has recorded a third successive quarter of negative economic growth. The recession, together with the profound structural challenges posed by the dependence of the economy on oil, calls for a serious political response. President Muhammadu Buhari must respond with decisive action and a clear vision that will restore confidence ...

  • Is govt doing enough to rejuvenate farming in Nigeria?

    As farmers, we enjoyed some incentives during the previous administration, but this new government is not doing anything to benefit us. The only programme we are benefitting from is Fadama, which was on the ground before this administration came on board. We have not really felt the impact of this ...

  • Clearing agent arrested for hiding N4bn drug in hair

    Afeez Hanafi A 42-year-old clearing agent, Daniel Unegbu, has been arrested in connection with 83.4 kilogrammes of drug that tested positive for ephedrine at the Murtala Muhammed International Airport, Lagos State. Unegbu was apprehended with two other suspects –Joseph Ettah, 28, and Bright Wopara, 31 – by operatives of the ...

  • Sokoto wants FG to outlaw Shitte sect

    Adeniyi Olugbemi, Sokoto The Sokoto State Government is prepared to champion the enactment of a national law that will ban all associations that seeks to threaten the peace and harmonious coexistence of the people of Nigeria.  The Attorney General and Commissioner for Justice of Sokoto State, Suleiman Usman, said this ...

  • First bank aids non-oil sector through partnership in food fair

    First Bank of Nigeria (FBN) Plc on Monday expressed its readiness to support Small and Medium Enterprises (SMEs) to expand the country’s non-oil sector and tackle the recession. Mrs Bukola Oluyadi, Head, Brand Management, First Bank Plc, gave the assurance in an interview with journalists in Lagos. Oluyadi spoke on ...

  • Attentato a Maidguri in Nigeria.

    Attentato a Maidguri in Nigeria. Due bambine, che secondo i testimoni non avevano più di sette-otto anni, si sono fatte esplodere in un affollato mercato della città di Maidguri, nell’est del paese. A parte le due bambine kamikaze, ci sono state una vittima e una ventina di feriti.