• NNPC Posts $13.43bn Trading Surplus From Sales Of Crude Oil, Gas In November

    By FESTUS OKOROMADU, Abuja and CHIKA IZUORA, Lagos Nigerian National Petroleum Corporation (NNPC) has reported a trading surplus of ₦13.43billion for the month of November 2020 translating to 54 per cent growth when compared to the ₦8.71billion surplus recorded in October 2020. This is contained in the November 2020 edition ...

  • Insurance Stocks Emerges Most Traded With N39.9bn Gains

    BY OLUSHOLA BELLO, Lagos The NSE Insurance Index, which tracks insurance stocks, recorded the highest gain of 29.77 per cent in January, 2021. This is even as insurers rallied on the back of suspension of insurance industry recapitalisation exercise, LEADERSHIP can now reveal, Federal government had in December 2020, through ...

  • PIB: Light At The End Of The Tunnel

    By ADEBIYI ADEDAPO, The National Assembly in its efforts to break the record of achieving a safe regulatory framework for operators in the Oil and Gas sector, promised to pass the Petroleum Industry Bill (PIB) in the first quarter of 2021. ADEBIYI ADEDAPO reports. Despite vested interests, Nigeria has been ...

  • KADCHMA: Setting The Pace In Health Insurance

    By Manasseh Istifanus After one year of flagging off the Health Insurance Scheme, the Kaduna State Contributory Health Management Authority (KADCHMA) is now first amongst equals in Nigeria. In this interview, the Director General of the Authority, ALIYU SAIDU spoke on KADCHMA’s success story and challenges. Kaduna State Contributory Health ...

  • KDSG To Deliver Medicines With Drones

    KADUNA WEEKLY   Kaduna State Government and Zipline have signed a partnership with the world’s first medical drone delivery service, to convey routine and emergency medicine to every nook and cranny of the state. A press statement issued at Sir Kashim Ibrahim House after the groundbreaking ceremony, said that ‘’the revolutionary ...

  • Insecurity: Afenifere, SOKAPU, Others Want 1999 Constitution Scrapped

    By Jonathan Nda-Isaiah, Abuja Afenifere, Southern Kaduna People’s Union (SOKAPU), Anioma Redemption Group, Midwest Movement, South South-Groups and other eminent Nigerians demand for the scrapping of the 1999 Constitution in order to tackle the worsen security situation in the country. The aggrieved socio-cultural groups made this known during Zoom conference ...

  • El-Rufai Gives Foreign Scholarship To Persons With Disability

    KADUNA WEEKLY  Governor Nasir El-Rufai has approved the foreign scholarship of ten students living with disability and two of them have already resumed at Coventry University, United Kingdom and University of Wallongong in Dubai. The Executive Secretary of Kaduna State Scholarship and Loans Board, Malam Hassan Rilwan made this known ...

  • Nigeria: CBN Seeks to Lure Portfolio Investors With Higher Yields

    [This Day] Indications have emerged that the Central Bank of Nigeria (CBN) could be considering wooing foreign portfolio investors (FPIs) back into the fixed income market with higher yields.

  • Money Laundering: 2 Suspects In EFCC Net Over 3.1m Saudi Riyal 

    By Ejike Ejike, Abuja Two persons are currently being grilled by operatives of the Foreign Exchange Malpractices Section of the Economic and Financial Crimes Commission, EFCC, following their arrest over the seizure of 3,013,500 Saudi Riyal. The suspects were arrested on Monday February 1, 2021, at the Nnamdi Azikiwe International ...

  • Nigerian AU Commissioner Will Strengthen War Against Terrorism- Onyeama

    Nigeria’s Minister of Foreign Affairs, Geoffrey Onyeama, has expressed optimism that the election of Nigeria’s Ambassador Bankole Adeoye as African Union Commissioner For Political Affairs, Peace and Security will strengthen the war against terrorism in West Africa.   The Foreign Minsiter said this in an interview with the News Agency ...

  • Kachikwu’s Books Confirm Transparency In Oil Sector Under My Watch – PMB

    By Chibuzo Ukaibe, Abuja President Muhammadu Buhari has said the four published books by former minister of state for petroleum resources, Dr. Emmanuel Ibe Kachikwu, has affirmed his administration’s effort at ensuring transparency in the oil sector of the economy. Buhari stated this during the virtual public presentation of the ...

  • Crypto Ban: Ethnic Youth Leaders Back Emefiele, Say Action Patriotic

    By Jonathan Nda- Isaiah, The Nigeria Ethnic Youth Leaders Council have  lauded the Governor of the Central Bank of Nigeria, Godwin Emefiele, over the bank’s recent policy stopping Deposit Money Banks, Non-Financial Institutions, and other financial institutions from doing business in crypto and other digital assets. The council, which is ...

  • CBN’s Crypto Ban Will Stop Terrorism Financing, Money Laundering – ACJHR

    By Jonathan Nda- Isaiah, The African Centre for Justice and Human Rights (ACJHR) has expressed delight at the recent policy introduced by the nation’s apex bank, the Central Bank of Nigeria that asked  Deposit Money Banks, Non-Financial Institutions, and other financial institutions  not do business in crypto and other digital ...

  • As Nigeria Revs Up Operations In Gas Sector

    The impact of COVID-19 pandemic on global oil market last year again brought to the fore the importance of economic diversification for Nigeria. For decades, the country has relied so much on oil, the lifeblood of its economy, as it provides roughly half of government’s revenues and nearly all of ...

  • Newspaper Vendors Lament Low Sales, Ask FG To Save Print Media From Extinction

    Newspapers vendors have called on the federal government to save their businesses from going extinct by limiting the scope of online publications. Mr Emeka Nweze, the chairman of the Awka Chapter of the Anambra Newspaper Distribution Association, made the call in an interview with the News Agency of Nigeria (NAN) ...

  • FG Harps On Implementation Of ECOWAS Brown Card Insurance Scheme

    BY ZAKA KHALIQ, Lagos The federal government has advocated for the full implementation of the ECOWAS Brown Card Insurance Scheme to guarantee prompt compensation to victims of road accident ​​​within the ECOWAS member states. The honourable minister of finance, budget and national planning, Zainab Ahmed, while speaking at the inauguration ...

  • WTO DG: Endorsement Of Okonjo-Iweala Shows America Stands By Nigeria – PMB

    By Jonathan Nda- Isaiah President Muhammadu Buhari has welcomed  the pronouncement of the United States Trade Representative signifying withdrawal of the country’s objection to the emergence of Dr. Ngozi Okonjo-Iweala as Director General of World Trade Organisation, WTO. “We certainly welcome the decision of the new US administration to remove ...

  • Centrão já pressiona Bolsonaro para ter Banco do Brasil e Casa da Moeda

    Desde o ano passado, deputados e senadores têm dito que o processo de aceitação das indicações para cargos no governo se tornou mais lento Com a eleição de Arthur Lira (PP-AL) para o comando da Câmara e de Rodrigo Pacheco (DEM-MG) para a presidência do Senado, partidos ...

  • Federal Character Commission Denies Allegations Of Secret Recruitment

    BY ERNEST NZOR  | Federal Character Commission (FCC) has denied an allegation of secret recruitment and giving waiver to ministries, departments, and agencies (MDAs) levelled against its chairman, Dr Muheeba Dankaka. Addressing journalists yesterday in Abuja, the most senior director in the commission, Mr Vincent Onobun, said some of the ...

  • Foreign Capital Importation Dropped By 59.65% In 2020 – NBS

    BY MARK ITSIBOR  | The total value of capital importation in 2020 stood at $9,680.49 million, representing a decline of -59.65 per cent, compared to $23,990.05 million in 2019, latest information by the National Bureau of Statistics (NBS) has shown. The total value of capital importation into Nigeria stood at ...

  • WTO DG : Okonjo-Iweala On The Cusp Of Victory As South Korean Candidate Withdraws

    BY MARK ITSIBOR with Agency Report | All is now set for Nigeria’s former minister of Finance and frontline contender for the position of director-general (DG) of World Trade Organisation (WTO), Ngozi Okonjo-Iweala to emerge victorious. Her last rival for the job, South Korean Trade minister, Yoo Myung-hee, yesterday announced ...