• Five Years of Liberalising PayTV Marketing In Nigeria

    Recently, promoters of GOtv rolled out fresh campaigns that further entrenched the brand essence of the pay TV Company. As a platform that was introduced five years ago to liberalise the market, the new set of campaigns are tailored towards consolidating its brand promise and aspiration. With appropriate visual illustration ...

  • MSF assists hundreds of newly displaced people in eastern Diffa

    Source: Médecins Sans Frontières Country: Chad, Niger, NigeriaGiven the critical situation in the areas of Nigeria and Chad that border Niger, it is likely Toumour will continue to receive more refugees in a precarious condition as the last group.Over the last few days, more than 200 families from Nigeria and Chad ...

  • Diverted benefits of deceased PHCN workers: EFCC seizes N6.8bn from Jonathan’s cousin, firm

    This is not the best of time for  Roberts Azibaola, a cousin to ex-President Goodluck Jonathan. The Economic and Financial Crimes Commission (EFCC) has frozen N6, 811, 846,443.05 found  in the accounts of some companies belonging to him and Bestworth Insurance Brokers Ltd. The frozen cash was part of the ...

  • Economy: Nigerian leaders also facing hardship – Saraki

    The President of the Senate, Bukola Saraki, on Friday said like ordinary Nigerians, the nation’s leaders were also experiencing hardship occasioned by the economic downturn. He spoke at the Presidential Villa, Abuja, after observing the Jumat prayers with President Muhammadu Buhari. Mr. Saraki said there was no Nigerian with blood ...

  • Nigeria: Ambode Takes 'Lagos Brand' Global

    [This Day] As the Toronto International Film Festival kicked off in Canada yesterday, the Lagos State Government took the stage to propagate the ideals of 'Lagos Brand' aimed at attracting foreign direct investments to the state.

  • Nigeria: Govt Woos Foreign Mining Investors With Three-Year Tax Holiday

    [Daily Trust] The Minister of Mines and Steel Development, Dr Kayode Fayemi, offers prospective investors three years tax holiday, as part of federal government's incentives to woo investors in mining sector.

  • Recession: Schools offer discounts, dump foreign trips to survive

    Folashade Adebayo Indications emerged on Thursday that some schools have adopted drastic measures to retain pupils and survive the harsh operating environment. School managers in Ogun and Lagos states, who spoke to our correspondent, said they had adopted some options, including slashing of tuition, offering ‘saving incentives’ to parents and ...

  • Rent crashes in Abuja under economic recession

    Hustling for most people who work or do business in the FCT becomes meaningful only when they are able to secure a decent but affordable accommodation. Hardly had there been a time that Abuja residents ever placed the need for accommodation or housing ahead of other needs in view of ...

  • Buharinomics As Reversed “Robinhood

    Nigeria’s economy is unhealthy at the moment. It is in critical condition and the symptoms are clearly manifested in high inflation rate, downward slide in the value of the naira against major currencies, massive job cuts and consequent high rate of unemployment leading to more Nigerians being downgraded to living ...

  • Nations condemn use of cluster bombs in Syria

    Source: Human Rights Watch Country: Syrian Arab RepublicAt Geneva meeting first responders, local activists and journalists reported at least eight cluster munition attacks in Syria, some of which, they said, killed and injured civilians, including children.Deadly Attacks in Syria as Treaty Members Meet (Geneva, September 8, 2016) – Nations attending the annual ...

  • Nigeria, others implement ECOWAS common tariff

    ECOWAS Director of Trade, Mr Gbenga Obideyi, has said that 10 member states have so far implemented the Common External Tariff which came into effect in January 2015. Obideyi said on Thursday that eight countries within the West African Monetary Union, including Nigeria and Ghana had implemented the CET. Others ...

  • PENCOM to launch new pension for informal sector

    The National Pension Commission (PENCOM) said on Thursday it would soon launch a new pension scheme for people in the informal sector of the nation’s economy. Head, Corporate Strategy and Research Department of PENCOM, Dr. Farouk Aminu, disclosed this in a chat with the News Agency of Nigeria in Abuja. ...

  • Mining: Fayemi woos investors with three years tax holiday, others

    Minister of Mines and Steel Development Dr Kayode Fayemi yesterday offered prospective investors in the mining sector three years tax holidays, as part of Federal Government’s incentives to serious investors. The tax holiday, according to the minister, would commence from the date the investor starts mining operations in the country. ...

  • NCC spends N10bn on emergency communication centresclosure

    Executive Vice-Chairman, Nigerian Communications Commission, NCC, Prof. Umar Danbatta, said Wednesday that the commission had spent more than N10bn on the establishment of emergency communication centres across the country. Danbatta made this disclosure in Abuja during the visit of the Foreign Defence Attaches to the commission, which was organised by ...

  • Saudi-German Hospital Seeks Partnership To Improve Nigeria’s Health Care

    Saudi Arabia-based Saudi German Hospital is seeking partnership with some Nigerian private hospitals in order to improve efficiency and create access to better health care delivery for Nigerians at affordable rate. This is even as the federal government and stakeholders have been clamouring and canvassing attitudinal change from  health -seeking ...

  • Nigeria: Govt Plans New Laws to Encourage Foreign Investors - Vice President

    [Daily Trust] The Federal Government is to introduce new legislation to facilitate easy business registration and approvals in order to encourage foreign investment, Vice President Yemi Osinbajo has said.

  • Nigeria: Govt Relaxes Visa Process for Investors

    [Leadership] Vice President Yemi Osinbajo yesterday said the federal government would in furtherance of efforts to improve the ease of doing business in the country, issue visas on arrival to foreign investors coming into the country.

  • Flexible forex policy narrows trade deficit

    •DMO to raise N120b from local market Nigeria’s trade deficit narrowed in the  second quarter following increased exports in June, a report has said. It was boosted by the Central Bank of Nigeria’s (CBN’s) unveiling of the flexible foreign exchange policy, the National Bureau of Statistics (NBS) data have shown. ...

  • Telecoms sector Q2 GDP contributions hit N1.58tr

    In real terms, the telecoms sector contributed N 1.58trillion (N1,580 billion) to gross domestic product (GDP) in the second quarter of this year, or 9.8 per cent, which represents an increase of 1.0 per cent points relative to the previous quarter, latest figures from the National Bureau of Statistics (NBS) ...

  • Business mogul Michael Ibru dies at 85

    Olorogun Michael Ibru, frontline businessman and patriach of the famous Ibru family of Agbarha-Otor, Delta State, is dead. Chief Ibru died yesterday at 85. According to family sources, the business mogul died in Maryland, United States. Only five weeks ago, one of his brothers, Olorogun Felix Ibru, a former governor ...

  • Nigeria spends $4bn to import textiles yearly

    The General Secretary of National Union of Textile and Garment Workers and Chairman Industriall Global Union Sub-Saharan Africa, Comrade Issa Aremu, has disclosed that Nigeria spends whopping $4bn to import textiles yearly. According to him, this development came to the fore as a result of urgent and required attention that ...