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Sunday, August 25, 2019

CBN And Textile Industry Revival

CBN And Textile Industry Revival The Central Bank of Nigeria’s (CBN’s) recent strategic move to revive and grow Nigeria’s cotton, textile and garments economic sector...

Jonathan May Sack Northern Military Generals

Any moment from now the acting President of Nigeria and Commander-in-Chief, Dr. Goodluck Jonathan may succumb to pressure into sacking...

Africa Inching Towards Debt Crisis – AfDB President

For African countries to continue to remain resilient, they must not get into a debt crisis, the President of the African Development Bank, (AfDB),...

Nigeria’s GDP Falls To Historic Low, Heads Towards Recession

...Declines to -0.36%  ...Unemployment rate rises to 12.1% Nigeria’s real Gross Domestic Product (GDP) growth rate declined to -0.36 per cent in the first quarter of...

FEC Awards N2.8bn Contract For Electronic Decongestion Of Prisons

FEC Awards N2.8bn Contract For Electronic Decongestion Of Prisons   The sum of N2.8bn was approved by the Federal Executive Council on Wednesday to help speed...

Buhari Approves Bumper Salary for policemen

Buhari Approves Bumper Salary for policemen President Muhammadu Buhari has approved an enhanced salary structure for the Nigeria Police Force (NPF) and given assurance that...
Forbes

Dangote: I’m in Business Not Just to Make Money, But to Help Africa

Africa’s richest man and the President of Dangote Group, Alhaji Aliko Dangote, has stated that he’s not in business solely to make money, but...

ERGP: We’re Focused on Results―Minister of Trade

The Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah has said that the federal government is committed to actualising the Economic Recovery and...

Abuja Airport’s New Terminal Begins Flight Operations

Abuja Airport’s New Terminal Begins Flight Operations The newly inaugurated international terminal at the Nnamdi Azikiwe International Airport, Abuja, has officially been opened for operations...
President Muhammadu Buhari

FG To Close NERFUND Over Loans

The Federal Government plans to shut down the National Economic Reconstruction Fund (NERFUND) over non-performing loans of over N17.5 billion. Pursuant to this, a committee...

FG Stops 571,000 Tonnes of Rice from Entering Nigeria

The Federal Government has announced that 571,000 tonnes of foreign rice warehoused in neighbouring countries were being targeted for the Nigerian market for the...

World Bank And Nigeria’s Development Paradox

One intriguing thing about the Nigerian economy is its abundant paradox, a paradox fuelled by the federal government to the consternation of most citizens. At...
NigerDelta

Nigeria losses $7bn to NigerDelta Militancy this Year– NNPC

Nigerdelta; The Nigerian National Petroleum Corporation (NNPC) has said that from January 2016 till date, government lost $7bn, about N2.1tn, to the activities of...

13yrs After , Ajaokuta-Kano $2.8bn Pipeline Project Revived

13yrs After , Ajaokuta-Kano $2.8bn Pipeline Project Revived     Plans by the Nigerian National Petroleum Corporation (NNPC) to extend its major gas pipeline infrastructure to connect...

Petroleum Minister Calls for Enhanced Public Communication

The Minister of Petroleum Resources, Mrs. Diezani Alison Madueke has urged Public Affairs Managers in the Ministry and its Parastatals to redouble their efforts...
President Muhammadu Buhari

Full text of President Muhammadu Buhari’s Independence Day speech

My dear Nigerians, October 1st remains a special date for all Nigerians as this marks the day when we attained one of the most precious...
President Muhammadu Buhari

Govt approves funds for recruitment of 10,000 policemen

PRESIDENT Muhammadu Buhari has approved funds for the recruitment of 10,000 policemen, saying the exercise would address the challenge of youth unemployment in the...
Godwin Emefiele CBN Governor

CBN Says Banks Undermining Sales of FX to BDCs

The Central Bank of Nigeria (CBN) has acknowledged getting reports that banks undermine its policy to sell forex from international remittances to Bureau De...

States Meet to Consider Fresh Revenues Sources

Determined to find a way to augment the shortfall in revenues accruing to them from the Federation Account, some states gathered in Enugu and...

Senate Halts sale of Port Harcourt Refinery

The Senate has asked the Federal Ministry of Petroleum Resources and the Nigerian National Petroleum Corporation (NNPC) to halt further action on the planned...