• CAF Confed Cup: Rangers Keeper Eyes Bantu’s Scalp

    Rangers International FC of Enugu shot stopper, Nana Bonsu, has assured the club’s teeming supporters that he and his team mates will not go to Maseru to lie low and get consumed by their hosts, Bantu F.C of Lesotho as both sides trade tackles for a place in the group ...

  • ICT As Driver Of Nigeria’s Economic Growth

    Experts in the Information, Communication and Technology (ICT) sector acknowledge that rapid development in the sector in 2018 has created job opportunities and contributed immensely to the growth of the Nigerian economy. Latest trends show that the ICT sector is gradually taking the place of oil as a major contributor ...

  • Assessing Efforts To Revive Nigeria’s Textile Industry

    In this report, OLAJIDE FABAMISE observes that Nigeria needs N1trn to completely turn-around the textile industry. The now comatose Nigerian textile industry was one of the booming sub-sectors of the nation’s economy post-independence years. Fed by locally grown cotton, with huge demand for clothing by a fast-growing population, it provided ...

  • FIRS nets N5.3trn from taxes in 2018

    The Federal Inland Revenue Service (FIRS) has declared it collected a total of N5. 320 trillion from taxes in 2018. A statement from the FIRS said its Executive Chairman Tunde Fowler made the announcement in Lagos on Monday at a retreat with the theme: “Parliamentary support for effective taxation of ...

  • NDLEA To Inaugurate Rehabilitation Centre In Gombe

    The National Drug Law and Enforcement Agency (NDLEA) says it will inaugurate a 24-bed capacity rehabilitation Centre in Gombe state before the end of January. Mr Aliyu Adole, NDLEA Commander in the state, disclosed this in an interview with the News Agency of Nigeria (NAN) in Gombe on Monday. Adole ...

  • Pinnick To Meet Victor Moses Over Retirement Plans

    Nigeria Football Federation (NFF), president Amaju Pinnick is set to meet Victor Moses to discuss his international retirement. The 28-year-old Chelsea winger quit international duty in August to focus on his club career. However, he has struggled to break into the plans of manager Maurizio Sarri. “I have arranged to ...

  • ‘Rate Cutting Threatens NAICOM’s N1trn Premium Target’

    The National Insurance Commission (NAICOM) at the weekend cautioned insurance operators against rate cutting in 2019. The Deputy Commissioner for Insurance, Technical, Sunday Thomas, issued the warning in an interview with the News Agency of Nigeria (NAN) in Lagos. Mr Thomas explained that the industry’s target of N1 trillion premium ...

  • Almond To Organise Insurance Consumers’ Forum

    Almond Productions Limited is set to hold its 2018 Insurance Consumers’ Forum (ICF), where insurance practitioners and consumers will converge to deliberate on how insurers can provide seamless and comfortable services to their numerous clients nationwide. The forum, expected to hold on Friday 16th of  November, 2018 in Lagos, is ...

  • Expect tough Q1, MAN boss warns

    The President of the Manufacturers Association of Nigeria (MAN), Ahmed Mansur has lamented that the Nigerian economy is in a very fragile state, advising that Nigerians should not expect much in the first quarter (Q1). Mansur, who spoke to The Nation over the weekend, noted that economic activities would start ...

  • CBN Makes First FOREX Intervention For 2019 Worth $210m

    The Central Bank of Nigeria (CBN) on Friday made its first intervention in the inter-bank sector of the Foreign Exchange (FOREX) market for 2019 with a sum of 210 million dollars. The CBN Director, Corporate Communications, Isaac Okorafor, said the wholesale sector of the market received 100 million dollars, while ...

  • Tracking Notorious Illicit Drug Spots In Abuja

    The scourge of illicit drug trade is still a challenge facing the society today. In this piece, CECILIA OGEZI traces the clandestine illicit drugs spots in Abuja where vendors ply their trade Ladi Kwali Street off Constantine Street in Zone 4 of Wuse District is one of the most popular ...

  • Lufthansa Group appoints new GM Sales

    Lufthansa Group has appointed Mrs. Adenike Macaulay General Manager Sales Nigeria & Equatorial Guinea. She will be responsible for all the commercial and sales activities of the Lufthansa Group Airlines in Nigeria and Equatorial Guinea, being the first female and Nigerian to take this position. Macaulay started her career at ...

  • Customs records 4,010 seizures in 11 months

    The Nigeria Customs Service (NCS) said it recorded 4,010 seizures with duty paid value of about N40 billion between Jan. and Nov. 2018. The Service said this in a document, a copy of which was made available by the Spokesman of NCS, Deputy Comptroller Joseph Attah to the News Agency ...

  • India Buys N719.2b Worth Of Crude From Nigeria In Q3 2018

    India was Nigeria’s biggest trading partner in the third quarter of 2018, gulping N719.2billion of crude and N37.7billion of natural gas exports from the country. India also bought cashew nuts worth N4.7billion from Nigeria. Latest figures from the National Bureau of Statistics (NBS), covering July, August and September, showed that ...

  • Kano Assembly investigates Foreign Dominance in Markets

    The Kano State House of Assembly has set-up a seven-man ad-hoc committee to investigate the series of complaints by local traders alleging that foreign traders have virtually taken over their business in various markets in the city. The decision to set-up the committee by the Assembly followed a motion of ...

  • Ministério da Economia nasce com sete secretarias especiais

    Com o letreiro já trocado hoje (2) à tarde, o Ministério da Economia nasce com sete secretarias especiais. A pasta reúne os antigos Ministérios da Fazenda, do Planejamento e da Indústria, Comércio Exterior e Serviços, além de absorver boa parte das funções do Ministério do Trabalho. A estrutura do novo ministério ...

  • Brasileiro quer juntar dinheiro para pagar dívidas, diz pesquisa

    Pesquisa divulgada hoje (2) pela Confederação Nacional de Dirigentes Lojistas (CNDL) e pelo Serviço de Proteção ao Crédito (SPC Brasil) revela que as principais metas financeiras do brasileiro para 2019 são juntar dinheiro para pagar dívidas. Segundo a pesquisa, 51% do total dos entrevistados pretende juntar dinheiro em 2019 e 37% e ...

  • JAMB Warns Candidates Against Fraudsters

    The Joint Admissions and Matriculation Board (JAMB) has called on prospective candidates to disregard advertisements in the social media announcing sales of registration documents with some illegal centres and subject combinations. The board’s head, Media and Information, Dr Fabian Benjamin, gave the warning in an interview  in Lagos, yesterday. He ...

  • 2018: Experts Take Stock Of Nigeria’s Financial Sector

    As 2019 begins, some financial experts reminiscing about Nigeria’s financial sector in 2018, say it recorded positive developments but not without challenges. Some of the positive developments, they noted included the stability of the foreign exchange market; the increase in financial inclusion rate, occasioned by the emergence of finance technology ...

  • ‘Weak loan demand biggest challenge facing banks’

    Lending is a principal responsibility carried out by banks to their customers. The challenge with loan advancement in Nigeria is that only few people come forward to borrow given the slow growth in Nigeria Gross Domestic Product (GDP). Speaking on the state of banks, Head, Research Coronation Merchant Bank Limited, ...

  • $2.8m: EFCC secures order to seize cash

    • Retrieves forex details from bank • Bank, firm yet to make claim for cash before EFCC The Economic and Financial Crimes Commission (EFCC) has secured an interim order to seize the $2.8million which its operatives recently intercepted at the Akanu Ibiam International Airport in Enugu. The anti-graft agency has ...