• Crush All Drug Cartels, Marwa Orders NDLEA Officers

    BY EJIKE EJIKE, Abuja Chairman/chief executive of the National Drug Law Enforcement Agency (NDLEA), Brig Gen Mohammed Buba Marwa (retd) has charged all the newly promoted officers and men of the anti-narcotic agency to go all out and crush drug cartels across Nigeria. He gave the charge during a ceremony ...

  • AITEO Cup: Bayelsa United TA Eyes Rivers Utd Scalp

    The battle for this year’s AITEO Cup final and a place in the CAF Confederation Cup will continue today when Bayelsa and Rivers United trade-tackle in the South-south derby at the Agege Stadium, Lagos. Bayelsa United’s campaign in this year’s AITEO Cup could be described as the best performance the ...

  • CBN Returns Deposits, Licence Fees To BDC Promoters

    BY BUKOLA IDOWU Lagos and  MARK ITSIBOR Abuja The Central Bank of Nigeria is set to refund capital deposits and licensing fees (where applicable) to all Bureau de Change promoters whose applications are pending with the apex bank. This is in a bid to effect its recent decision to stop ...

  • Hoy por hoy

    Hace poco, el presidente de la Corte Suprema se quejaba de que los abogados que buscan su idoneidad están fracasando en los cursos de inducción que imparte el Instituto Superior de la Judicatura de Panamá. De los casi 600 abogados que realizaron el seminario entre enero y mayo de ...

  • EFCC Recovers N5.4bn For NHIS

    The Economic and Financial Crimes Commission (EFCC), has recovered N5.4billion for the National Health Insurance Scheme (NHIS). Executive Secretary of NHIS, Prof. Muhammad Nasir Sambo, made the disclosure on Thursday when he led the management of the agency on a courtesy visit to the headquarters of the EFCC in Jabi, ...

  • Samsung Clinches Global Award Of ‘Excellence In FPSO Services’

    Global shipbuilding giant, Samsung Heavy Industries Nigeria (SHIN) Limited has again written Nigeria’s name in the global business and technology map with its recognition with award of ‘Excellence in Floating Production Storage Offloading (FPSO) Services’ under the utility/energy category of the 2021 Global Business Outlook (GBO) Awards. The London-based publication ...

  • Nigeria: OPEC - Nigeria May Be Hard-Hit By Declining Investment in Oil Sector

    [This Day] Abuja -- The Organisation of Petroleum Exporting Countries (OPEC) yesterday warned that with declining investments in the global oil and gas industry, Nigeria's economy as well as that of other resource-dependent countries may be the badly affected, especially if the current push against fossil fuels continues to gain ...

  • Nigeria: 2021 - Foreign Investment in Nigeria Falls By Half in Second Quarter

    [Premium Times] The total value of capital importation declined to $875.6 million from $1.9 billion in the first quarter.

  • No Teacher Earns Below N30,000 In Kwara, Says NUT

    No teacher in the employment of Kwara State government earns below the national minimum wage of N30,000, the chairman of the state’s chapter of the Nigeria Union of Teachers (NUT), Comrade Olu Adewara, has said. Adewara also expressed his appreciation to the state government for the approval of implementation of ...

  • 24 Hours After Forex Ban, Dollar Scarcity Hits BDCs

    The decision by the Central Bank of Nigeria (CBN) to stop sales of dollar to Bureau de Change (BDC) operators has started to manifest its multiplier effect as LEADERSHIP findings yesterday showed that the BDCs are now cash trapped, resulting in a marginal increase in the price of dollar at ...

  • OE2022: PS destaca “importância de estabilidade política”

    Segundo José Luís Carneiro a estabilidade financeira "é um fator decisivo para conseguirmos garantir agora que temos instrumentos financeiros que foram negociados com a União Europeia".

  • JUST-IN: Naira Slides By 3.3% To N522 After CBN Stops Forex To BDCs

    The effect of Tuesday’s decision of the Central Bank of Nigeria (CBN) to stop selling foreign exchange to bureau de change operators (BDCs) in the country and to stop licencing new ones has began to manifest in the parallel market on Wednesday as the value of the Naira depreciated by ...

  • Cameroon: Why Nigeria, Cameroon Invested $36m On Border Bridge Project - Fashola

    [Vanguard] The Minister of Works and Housing, Mr. Babatunde Fashola has said that the $36 million border bridge project linking Nigeria with Republic of Cameroon will smoothen the free trade relationship under the African Continental Free Trade Agreement signed by both countries.

  • Sexual Assault: Victim Testifies Against Baba Ijesha

    The 14-year-old girl allegedly sexually assaulted by embattled Nollywood actor, Olanrewaju James Omiyinka, popularly known as ‘Baba Ijesa yesterday testified before the Lagos State Special Offences Court. The alleged victim (name withheld), however, gave her testimony behind closed doors because of the law protecting minors from undue public exposure. Before ...

  • IMF Revises Nigeria’s 2022 Growth Upwards To 2.6%

    The International Monetary Fund has revised Nigeria’s growth for 2022 to 2.6 per cent from the April 2021 projection of 2.3 per cent as it projected a 4.9 per cent global growth leaving the 2021 growth projections unchanged in its July 2021 World Economic Outlook (WEO). The global economy is ...

  • First Bank Partners Lagos To Build Health Centre

    The Lagos State government in partnership with First Bank of Nigeria for the construction of a primary health centre in Ijeododo Community in the state. The primary health center (PHC) is being built under the First Bank’s start performing acts of random kindness (SPARK) initiative and the Lagos State’s one ...

  • ECOWAS@46: Commission Seeks Trade Partnership With OPS To Stem Poverty

    The Economic Community of West African States (ECOWAS) has said that partnerships with the organised private sector (OPS) will deepen intra-African trade and lift millions out of poverty. Mr Jean-Claude Brou, President, ECOWAS Commission made this known at a webinar organised in collaboration with the Lagos Chamber of Commerce and ...

  • A la economía argentina le entra agua por todos lados

    El editorial de José Del Rio en Mesa Chica, por LN+

  • JUST-IN: CBN Stops Dollar Sale To BDCs

    The Central Bank of Nigeria (CBN) has said it will immediately stop sales of foreign exchange to operators of Bureau De Change (BDCs) in the country. The Central Bank said it has evidences that show that the BDCs were engaging in rent-seeking with regard to sale of dollars. CBN governor, ...

  • Federal Govt Tackling Inflation, Food Insecurity – Osinbajo

    Transforming Africa’s food system is an obvious task requiring the active mobilisation and prioritisation of both public and private investments, says Vice President Yemi Osinbajo (SAN). This explains the resolve of the Federal Government of Nigeria in complementing existing development plans, sectoral strategies, and prioritising investments in specific innovations and ...

  • Ex-minister Asks Women To Be Active In Politics

    A former minister of women affairs, Ms Iyom Josephine Anenih, has tasked women to be rebellious in order to succeed in politics. She made the call during the town hall meeting organised by Dinidari Foundation in partnership with Heinrich Boll Stiftung, titled, “From the streets to the Parliament: Empowering Women’s ...