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Editors Pick

NCC Wants Increased Girl Participation in ICT

The Executive Vice Chairman, Nigerian Communications Commission, Prof. Umar Danbatta, has called on girls across the country to explore new career opportunities in Information and Communications Technology in order to bridge the gender gap in technology. Danbatta made the call at the celebration of the...

Dangote Clarifies Forex Allocation to Refinery, Fertilizer Plant

Africa’s richest man and President of Dangote Group, Aliko Dangote, has clarified that his refinery, petrochemical and fertilizer plant did not collect as much foreign exchange from the Central Bank of Nigeria (CBN) as some people have speculated, stressing that his company raised a...

CBN Lists Operational Requirements as OTC FX Futures Market Takes off

As the over-the-counter (OTC) foreign exchange (FX) futures market under the new FX regime takes off today, the Central Bank of Nigeria (CBN) has stressed that along with the requisite certificate of capital importation (CCI), all participating foreign portfolio investors (FPIs) in the market...

‘States’ll Not Get Bailout if Monthly Allocation Hits N500bn’

The monthly disbursement of the N90bn conditional loan facility to state governments announced by the Federal Government on June 14 will cease any month the allocation from the Federation Account Allocation Committee exceeds N500bn. The Minister of Finance, Mrs. Kemi Adeosun, had while announcing the...

Saraki urges court to quash case against him, Ekweremadu, others

All is set for today’s arraignment of Senate President Bukola Saraki and three others for alleged forgery of the Senate Standing Rules 2015(as amended). The others are Deputy Senate President Ike Ekweremadu, the immediate past Clerk to the National Assembly, Salisu Abubakar Maikasuwa and the...

Dangote’s Lekki Refinery, Gas, Petrochemical Plants to Gulp $17b

...Osinbajo hails ‘incredible’ project Vice President Yemi Osinbajo has described the Dangote Refinery and Petrochemicals as an incredible industrial undertaking. He spoke during a tour of facilities at the site at Ibeju-Lekki in Lagos. Osinbajo, who described the projects as ambitious, noted that the gas pipeline on...