• Heavy police presence at NHIS office

    Staff of the National Health Insurance Scheme (NHIS) resumed work Monday morning to heavy police presence at the Abuja headquarter office of the scheme. The heavy presence of the police personnel may not be unconnected with the weekend vow of the suspended Executive Secretary, Prof. Usman Yusuf to resume work. Yusuf ...

  • FG Suspends 8 Officials Of NHIS Over Alleged Sharp Practices

    BY DOYIN OJOSIPE, Abuja About 8 more officials of the National Health Insurance Scheme (NHIS) have been placed on suspension pending when investigations into petitions of alleged corrupt practices will be concluded. This was disclosed Monday in a statement issued by the Federal Ministry of Health. According to the statement, ...

  • South South: FG To Support Niger Delta Youths In Agriculture

    …As Nddc Moves To Revitalize Abandoned Rice Mills By Anayo Onukwugha, Port Harcourt The Federal Government has said it will support youths in the Niger Delta region who chose to go into agriculture as a way of reducing crime in the region. This is as the Niger Delta Development Commission ...

  • Stocks: CBN special forex window attracts N2.715tn investments

    The Central Bank of Nigeria’s special foreign exchange window for investors and exporters has stimulated investments in the stock market, ushering it into a new era of growth, STANLEY OPARA writes The Nigerian equities market has attracted N2.715tn investments owing to the foreign exchange window for investors and exporters introduced ...

  • NHIS seeks police presence as suspended ES threatens to resume

    Eniola Akinkuotu, Abuja The Federal Ministry of Health will, on Monday (today), write to the Nigeria Police Force to secure the National Health Insurance Scheme headquarters in Utako, Abuja, as the suspended Executive Secretary/Chief Executive Officer of the NHIS, Prof. Yusuf Usman, has vowed to resume this week. Sources told ...

  • Bank-to-bank forex deals resume

    Banks can now directly sell foreign exchange (forex) to one another, without prior Central Bank of Nigeria (CBN) approval, The Nation has learnt. The policy shift became exigent following the improvement in forex supply to key segments of the market, a development that has shored up market confidence. A top manager in ...

  • NSIA: Nigeria’s Future Now

    By Wale Suleiman If there is one institution in the country through which one could glimpse at the future of Nigeria today, it will undoubtedly be the Nigeria Sovereign Investments Authority (NSIA). It was set up to receive, manage and invest revenue of the Federal and State governments, Federal Capital ...

  • Experts To Tap Into $7bn Mining Sector Opportunities

    By CHIKA IZUORA, Lagos Experts have said that the Nigerian mining industry has witnessed some phenomenal developments and holds huge potential capable of turning the economy round. “Nigeria is on the mining map and the sector is working hard to prepare its road map because ultimately, there are enormous investments ...

  • Nigeria to stop rice importation by December – Minister

    Kamarudeen Ogundele, Ado Ekiti The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, says Nigeria will stop rice importation by end of the year. He stated that the country has enough Yam production that can sustain home consumption and meet foreign exchange earnings to guarantee diversification of the economy. ...

  • Anambra to commence rice export in 2018

    The Acting Programme Manager of Agricultural Development Programme, Anambra, Mr Jude Nwankwo says plans are underway to commence export of rice from the state in 2018. Nwankwo disclosed this in an interview with the News Agency of Nigeria on Sunday in Awka. “By the grace of God, Anambra will commence ...

  • ‘Nigerian movies among the best internationally’

    Dr. Chidia Maduekwe, the Managing Director of the Jos-based Nigeria Film Corporation, says Nigerian movies are among the best internationally in terms of contents, settings and acceptability. Maduekwe told the News Agency of Nigeria (NAN) in Lagos that many movie-producers and marketers were smiling to their banks because of impressive ...

  • Yoruba, Igbo, N’Delta, Middle Belt leaders unite against Fulani herdsmen

    …meet to address restructuring, economy, others …say herdsmen like B’Haram         •Move bad for us –Cattle rearers Adelani Adepegba, ARUKAINO UMUKORO and TOBI AWORINDE South-West, South-East, South-South and Middle Belt leaders on Saturday, united against the threat of Fulani herdsmen and called for a new fiscal formula that would move Nigeria ...

  • DIEZANI WARNED ALUKO AGAINST BUYING $80M YACHT

    Court documents filed by the US Department of Justice in Houston have revealed that former oil minister, Diezani Alison-Madueke, warned  her alleged business partners – Kola Aluko and Jide Omokore –against lavish spending, including splashing millions of dollars on a yacht. “If you want to hire a yacht, you lease ...

  • Cashless policy: Nigerians count losses in billions

    Exactly five years after the much-hyped cashless policy of the Central Bank of Nigeria (CBN) became fully operational nationwide, there has been an upsurge in the wave of e-banking and other related crimes with over N2.19b lost in 2016 alone. Bukola Aroloye in this report examines the issues What finance-related ...

  • Plastic Crating: PLAN Takes Campaign To Idera, Oyingbo Markets

    Postharvest Loss Alliance for Nutrition (PLAN) under the Global Alliance for Improved Nutrition (GAIN) in partnership with the Lagos State Ministry of Agriculture, has taken its campaign on promoting the adoption of Returnable Plastic Crates for handling fresh fruits and vegetables to Idera Model market Agege and Oyingbo market, Ebute ...

  • Truecaller rates Nigeria ninth most spammed country globally

    Truecaller Insights Special Report on Friday rated Nigeria as the ninth most spammed country in the world. The Marketing Manager, Truecaller, Ms Lindsey Lamont, made this known in the report obtained by the News Agency of Nigeria in Lagos. Truecaller is an identification solution application company aimed at ensuring safety of ...

  • Buhari nominated Osotimehin for two-year extension at UN – Minister

    Foreign Affairs Minister, Mr Geoffrey Onyeama, on Friday said President Muhammadu Buhari nominated late Prof. Babatunde Osotimehin for two-year extension of his service at the UN shortly before his death. Onyeama stated this in Abuja at a memorial service for Osotimehin organised by the UN. He said that Nigeria was ...

  • Checkmate impunity by adhering to law, CJN tells 19 new judges

    Ade Adesomoju, Abuja The Chief Justice of Nigeria, Justice Walter Onnoghen, on Friday admonished the newly appointed 19 judges of the National Industrial Court to check impunity in the country by adhering to the law. Justice Onnoghen gave this charge after swearing in the new judges at the special court ...

  • Shining a light on the ‘neglected’ humanitarian crisis in Lake Chad

    Source: International Committee of the Red Cross Country: Cameroon, Chad, Niger, NigeriaArmed conflict, sexual violence, food shortages, and displacement are among the factors contributing to what the British Red Cross has described as a 'silent emergency' across the Lake Chad Region of West Africa.ICRC joins UK MPs in call for urgent ...

  • CBN to issue N205bn in Treasury bills next week

    Oyetunji Abioye The Central Bank of Nigeria is planning to issue N204.95bn in treasury bills at an auction on July 19. The bank is aiming to raise N36.78bn in three-month bills, N39.17bn in six-month paper and N129bn in one-year bills. The CBN issues treasury bills twice a month to finance ...

  • N960m scam: Presidency backs minister, orders NHIS boss’ probe

    Eniola Akinkuotu, Abuja Acting President Yemi Osinbajo has endorsed the probe of the suspended Executive Secretary of the National Health Insurance, Prof. Usman Yusuf, who has been accused of fraud to the tune of N960m. The message was conveyed in a letter signed by Osinbajo’s Deputy Chief of Staff, Ade ...