• I Saved $3.6bn For Nigeria From Subsidy Scam, Ghost Workers – Okonjo-Iweala

    Director-general of the World Trade Oragnisation, Dr Ngozi Okonjo-Iweala, has said she ensured that the sum of $3.6 billion that would have been corruptly siphoned from government coffers was saved for the Nigerian government as then minister of finance. Okonjo-Iweala said under her role as the finance and supervising minister ...

  • AfDB To Drive Private Sector Investments In Nigeria

    The African Development Bank has said it would work with like-minded development partners and financial institutions to deploy instruments, including direct lending, equity participation, de-risking facilities and the platform of Africa investment forum to support the government, and other key stakeholders in implementing bold and innovative approaches to drive private ...

  • CLEAN BILL OF HEALTH: What Could The Africa Finance Summit In Paris Mean For The Continent’s Healthcare Systems?

    In May, several African leaders gathered in Paris for the Africa Finance Summit a day after President Emmanuel Macron announced the cancellation of Sudan’s French debt of about $5 billion to support the country’s transitional leadership. They included Presidents Kagame of Rwanda, Buhari of Nigeria, N’guesso of the Republic of ...

  • 1,850 Graduate Police Inspectors Seek Promotion

    Graduate police inspectors and other ranks numbering about 1,850 have asked the police authorities to consider them for promotion. The officers under the auspices of Graduate Inspectors and Rank and File of the Nigeria Police Force (NPF) urged Inspector General of Police (IGP), Mr. Usman Alkali Baba, to recommend their ...

  • AEB prevê aumento das exportações e importações e superávit recorde

    A Associação de Comércio Exterior do Brasil (AEB) divulgou hoje (14) suas previsões para a balança comercial deste ano. Segundo a AEB, as exportações deverão ficar em torno de US$ 270,052 bilhões, com aumento de 28,7% em relação aos US$ 209,817 bilhões efetivados em 2020, e as importações, em US$ ...

  • Nigeria: Govt Unveils Initiative to Boost Foreign Capital Flow

    [This Day] Abuja -- The Minister of State for Industry, Trade and Investment, Mrs. Mariam Katagum, has said the federal government is committed to improving the inflow of foreign capital into the country.

  • BREAKING: Senate To Pass Electoral Bill Thursday

    Barring last-minute change of plan, the Senate will tomorrow Thursday, pass the Electoral Act (Amendment) 2021 into law. The Senate Committee on Independent National Electoral Commission (INEC), chaired by Senator Kabiru Gaya (APC, Kano South), which worked on the Bill has submitted its report to the Senate at plenary on ...

  • National Principal’s Cup: Sports Ministry Partners Melon Production

    The Ministry of Youth and Sports Development has gone into a partnership agreement with Melon Production Ltd for the organisation of the second edition of the resuscitated National Principal’s Cup. Recall that the minister of youth and sports development, Mr. Sunday Dare, last year revived the tournament with FOSLA Academy ...

  • China Partners Nigeria’s Auto Coy Towards Developing Automobile Industry

    The Chinese government has partnered with the GAC Motors in developing the automobile industry. The partnership yielded fruits recently when the Chinese Embassy in Nigeria and GAC Motor Nigeria recently held a diplomatic fleet delivery ceremony in Abuja. The colourful handover ceremony had in attendance Mr. Cui Jianchun, Chinese Ambassador ...

  • Nigeria Leads Mobile App Market Growth For Africa By 43%

    Nigeria has recorded 43 per cent growth according to a new report on the booming African mobile app market, propelled by a growing fintech space, a rise in ‘super apps’ and the COVID-19 pandemic amongst other factors. The report was compiled by AppsFlyer, the global marketing measurement leader and Google. ...

  • Senate’s Version Of PIB Will Stifle Investments – Oil Marketers

    Another round of monopoly and investment apathy is being anticipated in Nigeria’s downstream subsector of the oil and gas following what industry operators consider as secret insertion of certain clauses in the Petroleum Industry Bill (PIB) by the Senate. In a collective response, the major oil marketers association of Nigeria ...

  • FG To Earn N5bn Annually From Concession – BPE

    The Bureau of Public Enterprises (BPE), has said that the federal government will earn N5 billion annually from the planned concession of its two free trade zones, located in Calabar and Kano. Director-general of the agency, Alex Okoh said this in his opening remarks at the investors webinar, organised by ...

  • M-KOPA To Offer Financial Services To Unbanked Nigerians

    M-KOPA said it has expanded to Nigerian market to focus on offering millions of underbanked customers across Sub-Saharan Africa access to financial services. To lead the Nigeria team, M-KOPA has named Babajide Duroshola as the new general manager. The company recorded pilot sales of over 20,000 devices in Lagos, and ...

  • Dura crítica de Human Rights Watch a Alberto Fernández por sus frases sobre Cuba

    El director para las Américas, José Miguel Vivanco, dijo que demuestran el “doble estándar” del Gobierno a la hora de defender los derechos humanos en la región; el Presidente había dicho que no sabía cuál era la situación en la isla

  • NDLEA Intercepts N6.5bn Heroin At Lagos Airport

    Operatives of the National Drug Law Enforcement Agency have intercepted a consignment of 26.150 kilogrammes of heroin with a street value of over N6.5billion at the SAHCO shed of the Murtala Mohammed International Airport, MMIA, Ikeja, Lagos. The illicit drug had arrived Lagos in 25 parcels from South Africa through ...

  • John Textor, de negócios no cinema ao interesse no Benfica

    A CMVM informou esta segunda-feira que havia indícios que José António dos Santos, conhecido como "Rei dos Frangos", tinha feito um acordo de compra e venda com John Textor, investidor norte-americano, ligado à área dos efeitos especiais.

  • Ecobank To Empower 40m Nigerian Women In Business

    Ecobank Nigeria said it plans to empower 40 million women-owned and women-managed businesses in the country through its recently launched gender-based proposition, Ellevate. Managing director and chief executive of the bank, Mr Patrick Akinwuntan, speaking on Ellevate, said the gender-based proposition for women-owned businesses is targeted at reducing gender inequality ...

  • Declining Naira Value Forces Businesses, Companies To Parallel Market

    With the value of the naira further declining to N504 to the dollar, businesses and corporates are resorting to sourcing foreign exchange at the parallel market as turnover at the Nigeria Autonomous Foreign Exchange (NAFEX) market continues to plummet. This is as the 30-day moving average of the external reserves ...

  • Deputy Gov Tasks Biotechnologists On Food Sufficiency

    The Deputy Governor of Kaduna state, Dr Hadiza Balarabe, has noted that Biotechnology will play a key role in the industrialisation of the state, create more jobs and enhance its economy. Dr Balarabe who made this known at the opening of the first annual symposium of the Biotechnology Society of ...

  • Hiking Of Campaign Spending

    The National Assembly is presently in the process of making alterations to the 1999 constitution ostensibly to adapt it to present realities. One of the laws the federal lawmakers are attempting to amend is the law guiding elections in Nigeria, the Electoral Act. Already, the work of the lawmakers is ...

  • NDLEA Intercepts N6.5bn Heroin At Lagos Airport

    Operatives of the National Drug Law Enforcement Agency (NDLEA), have intercepted a consignment of 26.150kilograms of heroin with a street value of over N6.5billion at the SAHCO shed of the Murtala Muhammed International Airport, (MMIA), Ikeja, Lagos. The illicit drug had arrived Lagos in 25 parcels from South Africa through ...