• Russian Investors Set To Storm Nigeria Next Year

    By Kingsley Opurum, Abuja – In a bid to boost Nigeria’s recuperating economy and create more jobs, a lot of Russian investors have signified interest in bringing their companies in the country. The Russian Ambassador to Nigeria, Nikolay Udovichenko, made the disclosure during a press briefing with select journalists in ...

  • Acepar admite que nueva acería traerá más competitividad

    José Luis Vinader, administrador judicial de Acepar, la siderúrgica de Villa Hayes, sostuvo que la nueva planta de producción de acero que iniciará su producción el próximo año les obligará a ser más competitivos. Dijo que Acepar sigue operando pese a dificultades y que esperan inversiones en el ...

  • What next for AMCON?

    The Asset Management Corporation of Nigeria (AMCON) has about N5trillion unresolved loans and debts,no thanks to some of its high profile debtors, most of who are busy at the law courts setting legal landmines and hurdles for AMCON to cross. Ibrahim Apekhade Yusuf in this report examines the issues Apparently ...

  • Ex-presidente da CBF, Marin é condenado em NY e tem prisão decretada

     O ex-presidente da CBF, José Maria Marin, e o ex-presidente da Conmebol, o paraguaio Juan Angel Napout, foram considerados culpados por associação para delinquir, fraude bancária e lavagem de dinheiro, nesta sexta-feira, durante julgamento do escândalo de corrupção que sacudiu a Fifa. Leia as últimas notícias de Política e Brasil Após sete ...

  • Some things I saw on assuming office were unbelievable —Buhari

    President Muhammadu Buhari yesterday described as unbelievable some things he saw upon assuming office as President. The President, who made the declaration while receiving a delegation of the Governance Support Group at the Presidential Villa, Abuja, also said he was still wondering how Nigeria managed to survive the abuses it ...

  • Embraer e Boeing confirmam tratativas entre as empresas

    Fabricante do KC-390, Embraer estuda associação com a Boeing (Divulgacao Embraer - Todos Direitos Rerservados) Em comunicado conjunto publicado pela Comissão de Valores Mobiliários dos Estados Unidos (Securities and Exchange Commission), a Embraer e Boeing informaram hoje (21) que estão em tratativas a respeito de uma “potencial combinação”. De acordo ...

  • Kogi commences payment of four-month salary arrears

    The Kogi State Government on Friday commenced the payment of workers’salary arrears from September to December by 60 per cent. This is contained in a statement signed by the state Commissioner for Finance, Mr Idris Asiru issued to newsmen in Lokoja. The Commissioner said that the state government regretted its ...

  • IMF Staff Completes 2018 Article IV Mission to Nigeria

        Economic activity expanded by 1.4 percent year-on-year in the third quarter of 2017 Nigeria is exiting the recession but the economy remains vulnerable. Welcome actions to improve the power sector and business environment under the Economic Recovery and Growth Plan. Macroeconomic and structural reforms remain urgent to contain ...

  • My Administration Has Corrected Wrongs Of Past Administration – PMB

    By Jonathan Nda-Isaiah, Abuja President Muhammadu Buhari has said his administration had ushered in a new era of accountability and responsibility by auditing and correcting the many wrongs of the past that crippled the economy and created an exclusive class In a statement by his special adviser media, Femi Adesina, ...

  • Ethiopia Airlines Lauds Nigeria's Patronage

    [This Day] The General Manager, Ethiopia Airlines, Nigeria, Mrs. Firihewot Mekonnen has said that the airline decided to operate the all women- operated flight to Lagos because Nigeria is a great partner and its citizens are loyal to the carrier.

  • Nova lei da distribuição de seguros: não causará grandes convulsões, garante regulador

    A nova diretiva da distribuição de seguros vai ser transposta para o direito nacional até fevereiro, mas a entrada em vigor pode ficar adiada para outubro, adiantou o presidente da Autoridade de Supervisão de Seguros e de Fundos de Pensões, José Almaça, no 3º Encontro JE/MetLife.

  • ‘$48m fraud’: EFCC detains Jonathan’s campaign chief

    How was $48,485,127  diverted from the accounts of the Nigeria Social Insurance Trust Fund (NSITF)? This is the knot Economic and Financial Crimes Commission (EFCC) is battling to untie. Dr. Ngozi Olojeme, former NSITF chair, was quizzed for hours yesterday over the alleged diversion of the fund. Olojeme, who was ...

  • Assembly fails to pass local government autonomy bill

    The Taraba State House of Assembly yesterday passed 10 amendments to the 1999 constitution but declined to abrogate the state joint local government account. The local government autonomy bill is one of those sent to the State Houses of Assembly for concurrence. The bill, if passed into law, will give ...

  • Shippers’ Council Tackles N2.3trn Annual Premiums On Nigeria-Bound Vessels

    By YUSUF BABALOLA, Lagos The Nigerian Shippers’ Council (NSC) has expressed readiness of the council to lobby other government agencies in the maritime industry to tackle the high insurance premium tagged ‘war risk insurance’ slammed on Nigeria-bound ships by foreign insurance companies to insure ships against attacks in the nation’s ...

  • OPEC Oil Output Cut Records Highest Compliance In November

    ..Oil prices trade at $64.58 per barrel By CHIKA IZUORA, Lagos Key oil producers appear calm at the level of discipline by both members of the Organisation of Petroleum Exporting Countries (OPEC), and non-OPEC members who endorsed output cut to stabilize gliding oil price which recorded highest compliance in November. ...

  • Group frees six prisoners to celebrate members’ birthdays

    A group, under the aegis of Business and Professional Women (BPW), on Thursday secured freedom for six prisoners in Keffi, Nasarawa state, after paying their fines as part of activities to mark some of its members’ birthdays. The Coordinator of the group, Mrs Ada Bisong, told newsmen that the gesture ...

  • Ogun to spend N30.7bn on roads

    Ogun Government says it will spend N30.7 billion on the construction of roads across the state in 2018. The state’s Commissioner for Works and Infrastructure, Mr Olamilekan Adegbite, stated this on Monday while defending the ministry’s 2018 budget before members of the House of Assembly Committee on Finance and Appropriation, ...

  • Nigeria:Bauchi Signs U.S.$1 Bn Investments Deal With China

    [This Day] Bauchi -Bauchi State Government has signed a $1 billion memorandum of strategic cooperation on investment potential relating to agriculture, solid minerals and tourism as well as another MoU on the establishment of 100MW solar power project with Chinese investors.

  • Christmas season…season for rebirth, not revelry (1)

    During a Christmas season, I strive to rise in spirit beyond the din and glare of revelry, lest the serious import of the High Mission of the Lord Jesus to the earth fog before my gaze and the blessings pass me by. In many Christian souls, the Christmas Festival has ...

  • Nigeria Airways Pensioners Demand Payment of N45bn Severance

    BY MICHAEL OCHE, Abuja Business activities at the Federal Ministry of Finance was on Tuesday disrupted for several hours as protesting pensioners of the defunct Nigerian Airways barricaded the entrance to demand immediate payment of their severance package, which amounts to N45 billion. The pensioners lamented that the payment of ...

  • INEC Promotes 7,330 Staff

    By Sunday Isuwa, Abuja The Independent National Electoral Commission (INEC) yesterday announced the promotion of 7,330 of its staff. The promoted personnel include 4,917 senior and 2,413 junior Staff. LEADERSHIP gathered that 4,917 promoted senior officers were successful in the promotion exercise conducted at the commission’s headquarters and state offices ...