• el-Rufai Signs N157bn Budget Into Law For 2019 Fiscal Year

    …Signs N62.34bn Budget For 23 Council Areas Kaduna State Governor, Mallam Nasir El-Rufai, has on Friday, signed budget of N157.449bn appropriation bill into law for 2019 fiscal year. The governor had in August this year presented the budget to Kaduna State House of Assembly for scrutiny and passage. El-Rufai,also signed ...

  • FRSC Warns Officers Against Sharp Practices

    The Federal Road Safety Corps (FRSC) on Friday cautioned its officers against getting involved in sharp practices to avoid tarnishing the image of the commission. The News Agency of Nigeria (NAN) reports that FRSC personnel are expected to abide by the rules and regulations of the corps and exhibit high- ...

  • Ipea prevê crescimento do PIB de 2,7% e inflação em 4,1% em 2019

    O Produto Interno Bruto (soma de todos os bens e serviços produzidos no país) deverá fechar o ano de 2019 com crescimento de 2,7%, enquanto a inflação deverá fechar em 4,1%, abaixo da meta fixada pelo governo, de 4,25%. As projeções fazem parte do estudo trimestral com análises de curto e ...

  • Hashim Vows To Reconcile Divided Nigeria, Fix Economy

    The presidential candidate of People’s Party (PT), Gbenga Olawepo Hashim, has explained that he joined the 2019 race to fix the ailing economy, divided Nigeria and tackle insecurity.   Speaking during a courtesy call on Arewa Consultative Forum (ACF) in Kaduna, Hashim, decried that the country is badly divided and ...

  • New taxes, excise duties on the way to boost revenue

    The Federal Government will soon introduce new taxes and excise duties to raise funds for the execution of projects. Minister of Finance Mrs Zainab Ahmed made this known yesterday at the budget breakdown in Abuja, reports Nduka Chiejina (Assistant Editor) The Federal Government will soon come up with new revenue ...

  • CEMRAAN Partners Foreign Institution To Improve Professionals’ Capacity

    The College of Estate Management Reading Alumni Association of Nigeria (CEMRAAN) in partnership with University College of Estate Management, Reading, UK have concluded a one week training for professionals in the real estate surveying and valuation sector in the country. The workshop, which held in Abuja, Enugu and Lagos, with ...

  • Navy seizes contraband rice worth N247.9m in Calabar 

    The Nigeria Navy Ship (NNS) Victory of the Nigerian Navy in Calabar, Cross River State, says it has seized 15, 162 bags of foreign parboiled rice worth N247, 905, 000 since February this year. Commander NNS Victory, Commodore Julius Nwagu, who disclosed this while handing over 719 bags of the ...

  • FAAC Shares N812.76bn To FG, States, LGs

    The federal government, states and local governments have shared N812.76 billion as revenue for the month of November. The permanent secretary, Ministry of Finance, Mr Mahmoud Isa-Dutse said this yesterday in Abuja, while briefing journalists on the outcome of the Federal Account Allocation Committee (FAAC) meeting. Giving a breakdown of ...

  • Nigeria: BoI Rallies Dubai Investors On Bilateral Investment Opportunities

    [Guardian] The Bank of Industry (BoI) has called on investors from Dubai to take advantage of investment opportunities in Nigeria.Indeed, the Development Finance Institution (DFI) stated that both countries are yet to take advantage of the enormous business opportunities that exist in both economies, pointing out the need to deepen ...

  • History as Lagos-Ibadan standard gauge rail line is test run

    It was a mere 50-minute ride, yet it was historic in many ways. The first standard guage rail line between Lagos, Nigeria’s business headquarters, and Ibadan in the heart of the Southwest was test run. The 36-kilometre journey was the result of a project that began in June 2017. Leading ...

  • 19th National Sports Festival Created Over 163 Millionaires — Dalung

    Barrister Solomon Dalung, the Minister of Youth and Sports has been counting the gains of the just concluded 19th National Sports Festival held in Abuja. In an exclusive interview with some journalists on yesterday, the Minister said that he is overwhelmed by the value added to the country’s economy as ...

  • Nigeria: Investors Seal U.S.$32.6 Billion Deals At Cairo Intra-African Trade Fair

    [Premium Times] Organisers of the maiden Intra-African Trade Fair (IATF2018) said deals valued at about $32.6 billion were successfully sealed by various investors who participated in the seven day event.

  • Strike: Banks, Travel Agencies, Others Shutdown At NASS

    Business activities at the National Assembly complex was paralysed on Monday as members of the Parliamentary Staff Association of Nigeria (PASAN) commenced a 4-day warning strike. PASAN, through a Dec. 14 statement by its Chairman, Mr Musa Muhammad, had issued the notice for the warning strike, expected to run till ...

  • Minister Of State For Trade intervenes In LADOL Africoat Crisis

    The Honorable Minister of State under the Federal Ministry of Industry, Trade and Investment, Hajiya Aisha Abubakar has intervened and successfully resolved the issues raised by Africoat Free Zone Enterprise, FZE, with Lagos Deep Offshore Logistic Base, LADOL, Leadership Newspaper can authoritatively report. As a result of her intervention, sources ...

  • Govt, Siemens’ Impact Hub task Edo youths on power innovation 

    Not less than 60 youths have reached the finals of the Hack Edo Series organised by the Edo State Government in partnership with Siemens’ Impact Hub to improve power supply in communities across the state. The finalists will gather in Benin City, the state capital, on Monday, December 17, for ...

  • Forbes names Uyi Ogbebor, Ayokunle Akinbode emerging African innovators

    Forbes, the global media company, focusing on business, investment, technology, entrepreneurship, leadership, and lifestyle has rated two young Nigerians, Ayokunle Akinbode and Uyi Ogbebor, the owners of HWP Group as young Nigerians, full of innovation and on a mission to owning one of the best media, entertainment and hospitality companies ...

  • Osinbajo, Obi trade tackles at VP debate

    In measured tones, All Progressives Congress’ Yemi Osinbajo and Peoples Democratic Party’s Peter Obi tactically turned the vice presidential debate held in Abuja yesterday into a sparring match as they expressed their knowledge of the economy and other national issues. During the debate organised by the Nigeria Elections Debate Group ...

  • NDLEA Arraigns NAHCO Staff For Aiding Hard Drug Shipment

    The National Drug Law Enforcement Agency (NDLEA) yesterday arraigned an employee of the National Aviation Handling Company of Nigeria (NAHCO) Adetutu Afeez Alade before a Federal High Court in Lagos for allegedly aiding the shipment of banned hard drug, Ephedrine. The NDLEA docked Alade on a two count-charge of conspiracy ...

  • Unveiling Abuja Serene Hospitality Facility

    Since the creation of the Federal Capital Territory (FCT) and the attendant influx of both foreign and local tourists, there has been an increasing demand for serene environment for relaxation. In response to that, there are quite a number, but STELLAMARIES AMUWA in this report unveils a new addition to ...

  • Nigeria: 'New Investments in Key Sectors to Drive Nigeria, Norway Trade Ties'

    [Guardian] With a trade volume pegged at $30 billion, the Chief Executive Officer, Marine Platforms and Consul General of Norway, Taofik Adegbite, has stated that efforts are underway to improve bilateral ties between Nigeria and Norway as new areas of investments are being explored by investors from both countries.

  • CVM condena ex-diretor da Petrobras a pagamento de multa de R$ 300 mil

    O ex-diretor financeiro e de Relações com Investidores da Petrobras Almir Guilherme Barbassa foi condenado hoje (13), por unanimidade, pelo colegiado da Comissão de Valores Mobiliários (CVM) ao pagamento de multa de R$ 300 mil por não divulgar fato relevante sobre a adoção da nova política de preços de combustíveis ...