• NIS Flays Chinese Involvement In Retail Business

    The Nigeria Immigration Service has expressed concern over the entrance of Chinese businessmen into retail businesses in Nigerian markets. The Comptroller General of NIS, Mohammed Babandede, who disclosed this to State House correspondents after meeting with President Muhammadu Buhari said citizens who protect such foreigners are unpatriotic. According to him, ...

  • PIA To Strengthen Naira, Reduce Budget Deficit-PwC

    PwC Nigeria said the 2021 Petroleum Industry Act (PIA) will facilitate Nigeria’s economic development by attracting and creating investment opportunities for local and international investors. Country senior partner, Mr. Uyi Akpata who made this known in his opening remarks during an exclusive session with business leaders, said the long-awaited legislation ...

  • Buhari Hails Economic Managers Over 5.01% YoY GDP Growth

    President Muhammadu Buhari has welcomed second quarter (Q2) 2021 report by the Nigerian Bureau of Statistics, showing a third consecutive quarter of positive growth of Nigeria’s economy, as well as the highest quarterly growth in GDP since 2014. Data released by the NBS yesterday, Nigeria’s real Gross Domestic Product (GDP) ...

  • NIRSAL Launches Interactive Business School For Farmers

    The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) in collaboration with its partners  Successory Nigeria Limited, and MTN Nigeria has launched the NIRSAL Farmers’ Business School (NFBS) – a mobile learning platform that is based on Interactive Voice Response (IVR) technology. Managing director/CEO of NIRSAL Plc Mr ...

  • Court Remands Nigerian, Guineans For Smuggling Elephant Tusks, Pangolin Scales

    Justice Tijjani Ringim of the Federal High Court in Lagos on Thursday remanded a Nigerian, Isiaka Musa and two Guinean, Traore Djakouba (Yakubu) and Mohammed Berete in custody for attempting to smuggle large quantities of elephant tusks and pangolin scales and claws out of Nigeria. Ringim ordered that the Nigerian ...

  • Plateau Killings: NARD Recalls Striking Doctors For Emergency Duty

    President of the Association of Resident Doctors JUTH branch, Dr Nanpon Nalda, yesterday confirmed to journalists in Jos that his members who had been on strike for the past weeks had been recalled to the hospital to enable them to attend to emergency situations. Nanpon said “In view of the ...

  • Nigeria’s GDP Grew -0.79% In Q2 2021, Says NBS

    Nigeria’s real Gross Domestic Product (GDP) grew -0.79% in the second quarter of 2021 compared to Q1 2021 when the economy grew positive growth rate of 0.5%, reflecting slightly slower economic activity than the preceding quarter due largely to seasonality, according to data to that was released by the National ...

  • BACK STORY OF THE DAY: A Call For All Hands On Deck To End Modern Day Slavery

    The International Day for Remembrance of Slave Trade and its Abolition is annually observed on August 23 to remind people globally of the tragedy of the transatlantic slave trade. It gives people a chance to think about the historic causes, the methods, and the consequences of the slave trade. Nigeria has ...

  • Onu Charges Nigerian Innovators On Technology-driven Economy

    The Minister of Science, Technology and Innovation, Dr. Ogbonnaya Onu has charged innovators to build a strong, Science, Technology and Innovation- driven national economy that is united, peaceful, prosperous and highly respected globally. The Minister gave this charge yesterday in Abuja, at the presentation of Prizes, Cash, and Awards/Plaques to ...

  • Nigerian High Commissioner To Zambia Hails Ambassador Hussaini Coomassie 

    The Nigerian High Commissioner To Zambia, Ambassador Ominyi Eze has commended Amb. Hussaini Coomassie, who was in Zambia as a foreign observer in the just concluded Presidential election. In a Letter dated August 25, 2021, the High Commissioner described Ambassador coomassie as someone who is so passionate in unity of ...

  • NDA Attack: DHQ Denies Guards Slept Off, Board Of Enquiry Constituted

    The Defence Headquarters (DHQ) in Abuja, has debunked a report of sleeping soldiers on duty while bandits attacked Nigerian Defence Academy (NDA) in Kaduna on Tuesday, killing two and abducting one officer. Consequently, the DHQ also revealed that the Academy had constituted a board of enquiry to unravel the immediate ...

  • CNC: percentual de famílias com dívidas chega a 72,9%

    O percentual de famílias brasileiras com dívidas continuou em alta no mês de agosto e atingiu 72,9%, um novo recorde mensal. O dado faz parte da Pesquisa de Endividamento e Inadimplência do Consumidor (Peic), divulgada hoje (25) pela Confederação Nacional do Comércio de Bens, Serviços e Turismo (CNC). Os pesquisadores explicam ...

  • Ecuador and Mexico to “immediately” begin Free Trade talks – Foreign Minister

    RIO DE JANEIRO, BRAZIL - On Wednesday "Minister of Production Julio José Prado's team will begin talks and, in fact, he has been talking with his counterpart, Mexican Minister of Economy Tatiana Clouthier. So this is imminent," Foreign Minister Mauricio Montalvo said. And he added that "we are ready and ...

  • We’re Not Selling Any Of Okunbo’s Assets – Family

    The family of the late business mogul and philanthropist, Captain (Dr.) Idahosa Okunbo, has vehemently denied reports that the family has put up his multi-million naira hotel in Abuja for sale or any of his assets. In a statement signed on behalf of the family by Kingsley Okunbo, the family ...

  • Cameroon Calls Up 10 Foreign-based Players For Aisha Buhari Cup

    The Indomitable Lionesses of Cameroon head coach, Gabriel Zabo, has extended invitations to 10 overseas-based players for forthcoming Aisha Buhari Invitational Women’s Tournament slated to hold in Nigeria’s commercial city of Lagos from September 13 to 21, 2021. The 10 players will join the successful ones from the 30 home-based ...

  • Nigerian Exchange At 60: Securities Investments Hit N35trn

    Nigerian Exchange Group Plc yesterday celebrated 60 years of enabling Africa’s largest economy as a leading integrated market infrastructure group in Africa as securities values reached N35 trillion. The group officially commenced operations on August 25, 1961, as the Lagos Stock Exchange, after it was founded on September 15,1960. In ...

  • Buhari, Kagame, Emefiele others to attend 2021 Bankers Conference

    President Muhammadu Buhari and Rwandan President Paul Kagame, other African leaders, prominent bankers, major economic players, captains of industries, regulators, policy makers, members of the academic community and other stakeholders in the banking and finance as well as the fintech industry, are set to converge in Nigeria next month for ...

  • ‘Peaceful Niger Delta Will Boost Nigeria’s Economic Growth’

    The interim administrator/CEO of the Niger Delta Development Commission (NDDC), Mr Effiong Akwa has stressed that a peaceful and stable Niger Delta region will bring a robust economy in the country. Akwa spoke in Abuja yesterday, during the fourth democracy lecture series on the topic: “The Role Of Niger Delta ...

  • Customs, Finance Ministry Disagree Over Waiver For Agric Equipment

    About 60 containers belonging to Josepdam Port Service, operator of terminal A, at the Tin Can Island Port complex have been trapped for three years over disagreement between the Nigeria Customs Service (NCS) and its supervisory ministry, Federal Ministry of Finance. LEADERSHIP investigation has showed that the Ministry of Finance ...

  • Lagos Pays N2bn Insurance Premium To Workers In 1 Year

    Lagos State government yesterday revealed that it had paid N2 billion Insurance premium to its workers in the last one year. The state’s commissioner for Finance, Dr. Rabiu Olowo, disclosed this at a press conference on the maiden edition of Lagos State Insurance Week, which started yesterday, saying the week ...

  • NSCDC Boss Warns Officers Against Negligence Of Duty

    Commandant-general Nigeria Security and Civil Defence Corps (NSCDC), Dr Ahmed Abubakar Audi, has warned officers and men of the corps against negligence of duty. Audi, who made the call, during a visit to the Federal Capital Territory (FCT) Command, noted that it is the responsibility of the corps to always ...