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Wednesday, July 24, 2019

Knights of St Mulumba Creates New Sub-Councils in Lagos Metro Council

Knights of St Mulumba Creates New Sub-Councils in Lagos Metro Council The Knights of St Mulumba in the Lagos Metropolitan Council has created three new...

Fake Panel Approved N5bn Contract as Ex-Governor Collected N101mn in Cash

While a principal witness on the trial of former aviation minister insists that a fake committee approves contracts of billions of Naira, another witness...

China Grants Nigeria $500M Loan for Kano-Lagos Railway

A special delegation from the Chinese government led by Deputy Chief Inspector of China EXIM Bank - Mr Yi Zong Hua, has promised that...
cbn

CBN Policymaker Seeks Restriction Of Portfolio Investment- Report

Nigeria’s Central Bank should impose restrictions on short-term portfolio investment flows to prevent damage caused to Africa’s biggest economy if investors exit at short...

NLC, others meet over new fuel price today

Motorists queue to buy fuel at the new pump price of N145 per litre at NNPC Mega Station in Abuja. Labour leaders are meeting today...
Dr-Maikanti-Baru-NNPC

Society of Engineers Applauds NNPC for Stabilizing Petroleum Products Supply

The Nigerian Society of Engineers (NSE) has commended the Nigerian National Petroleum Corporation (NNPC) for stabilizing the supply and distribution of petroleum products and...

BPE Tasks Successor Coys Of PHCN On Improved Service Delivery To Consumers.

The Acting Director General of the Bureau of Public Enterprises (BPE), Dr. Vincent Onome Akpotaire, has enjoined owners of the Successor Companies (SCs) of...

CBN Bows To Flexible Forex Regime, As MPR Remains At 12%

The Central Bank of Nigeria (CBN) has retained its standard lending rate, the Monetary Policy Rate (MPR) at 12 percent but announced that there...
Kemi Adeosun Finance Minister

Federation Account allocation dips by N31.8b in October

The 36 states of the federation shared N111.8 billion in October. It is less than the N143.6 billion shared in September from the Federation Account...

10 ‘big boys’ Hold Economy to Ransom, Owe AMCON N1tr

Litigations stall efforts to recover debts. Efforts by the Federal Government at shoring up economic activities through debt recovery from individuals and organisations are not...
FG

FG Questions IMF’s Economic Growth Forecast

FG Questions IMF's Economic Growth Forecast   The Minister of Budget and National Planning, Senator Udo Udoma, has said the nation’s economy will grow by 3.01...

FOI Act: Board Directs NABTEB Registrar to Comply

FOI Act: Board Directs NABTEB Registrar to Comply …. Pledges to Partner MRA The National Business and Technical Examinations Board (NABTEB), has affirmed its readiness to...
Dangote

Dangote Donates N2bn to Borno IDPs

The President of Dangote Group, Aliko Dangote has broken another record by making the single largest donation by an individual of N2 billion to...

PMI Rises To 45.8 From 43.7 Index Points-CBN

The Purchasing Managers Index (PMI) rose to 45.8 index points in May from the 43.7 in April, the Central Bank of Nigeria (CBN) has...

FG To Prosecute Telecoms Providers On Poor Service Delivery

The Federal Government is to prosecute telecommunications operators, found to be fleecing subscribers through poor service delivery. Minister of Communications Technology, Mrs Omobola Johnson...

FG Appoints Commissioners for Interior Board

President Muhammadu Buhari has approved the appointment of retired Major-Gen. Emmanuel Bassey and Mr Ado Ja’afar as Commissioners for the Civil Defence, Fire, Immigration...

Foreign Contractors take Nigeria for Granted – Minister

The Minister of Works, Senator Mohammed Sanusi Daggash has appealed to contractors handling road projects in the country to consciously avoid taking the government...

Maryam Babangida passes on at 61 in US

Official Press Release With total submission to the Will of Allah, we humbly announce the passing away of our beloved wife, mother, grandmother,...

FG Says No Decision Yet on Sale of National Assets

...Approves new bill to develop water sector The Federal Executive Council (FEC) is yet to take a decision on whether to resort to the sale...

IMF Advises Nigeria on Fiscal Policy, Forex Regime

The International Monetary Fund (IMF) has released its World Economic Outlook (WEO) in which it advised Nigeria to adopt flexible foreign exchange (FOREX) regime...