• Udo-Obong vows to stop ‘old’ foreign athletes

    ’Tana Aiyejina Sydney 2000 Olympic Games  gold medallist Enefiok Udo-Obong says he will slam the door on old foreigners seeking to run for Nigeria for their final payday, if he gets elected as President of the Nigeria Athletic Federation  in Abuja on  June 13. In recent times, several athletes of ...

  • Osinbajo: new financing models to bridge Africa’s growth gaps

    Acting President Yemi Osinbajo yesterday advocated a new paradigm in financing infrastructure projects in Africa to close the huge growth gap in the continent. He spoke at a forum to mark Africa Finance Corporation’s 10th anniversary in Abuja. Osinbajo noted that the idea of a public-private development finance institution was ...

  • Strike cripples Lagos ports

    • Customs loses over N3b Business activities at the Lagos Port Complex (LPC) and the Tin-Can Island  port  in Lagos were again, brought to a halt yesterday, as clearing agents and the truck drivers continued with their strike over the deplorable state of the roads leading to the ports. The ...

  • Foreign reserves gain $7b in six months to $31b

    The foreign exchange reserves rose by $7 billion in six months to hit $31 billion at the end of last month. The increase has restored the total to a level last seen in August 2015. According to FBN Capital Research, the reasons for the recovery are the disbursement of $600 ...

  • FG creates 193,469 jobs in Ministry of Works, Housing

    The Ministry of Power, Works and Housing has created 193, 469 jobs, with 40,429 direct and 153,040 indirect jobs, within the two years of President Muhammadu Buhari’s administration. The Minister, Mr Babatunde Fashola disclosed this on Tuesday in Abuja at the Town Hall Meeting to celebrate the mid-term of President ...

  • How we discovered bags filled with foreign currencies in Justice Ngwuta’s house – Witness

    Ade Adesomoju, Abuja An operative of the Department of State Service, John Utazi, on Tuesday narrated to a Federal High Court in Abuja how his team conducted the search of the Abuja residence of a Justice of the Supreme Court, Justice Sylvester Ngwuta, on October 7, 2016. Utazi, a DSS’ ...

  • Oshiomhole’s wife gets Nigerian citizenship

    A total of 335 foreign nationals were on Tuesday in Abuja granted citizenship by the Federal Government after statutory clearance and due diligence by the relevant security agencies.‎ ‎ The Minister of Interior, retired Lt.-Gen. Abdulrahman Dambazau,‎ who presented the certificates of citizenship to the foreigners, charged them to be ...

  • Owoseni to DPOs: Leave Lagos if you like bribe

    Lagos State Police Commissioner, Fatai Owoseni, on Tuesday warned Area Commanders and Divisional Police Officers (DPOs) in the state police command to shun bribery or leave the state. Owoseni stated this during a lecture on Code of Conduct for Law Enforcement Officers at the Police Officers’ Wives’ Association (POWA) Hall, ...

  • Malta's future may be tied to achieving a zero carbon economy

    Carbon dioxide (CO2) levels in the air are the highest they have been for 650,000 years, according to European Space Agency statistics. CO2 is a heat-trapping greenhouse gas, and levels in the air must be reduced. In fact, the EU’s Climate and Energy 2020 package is binding legislation to ensure ...

  • 2017 budget: Economic team considers funding options

    Olalekan Adetayo, Abuja The Economic Management Team led by the Acting President, Yemi Osinbajo, on Monday considered the funding options available for the implementation of the 2017 Appropriation Bill passed into law by the National Assembly last week. The issue was one of the major items on the agenda of ...

  • Reps summon finance minister over oil contract breaches

    John Ameh, Abuja The House of Representatives on Monday summoned the Minister of Finance, Mrs Kemi Adeosun, over an alleged violation of the Public Procurement Act in the engagement of contractors for pre-shipment inspection and monitoring of crude oil and gas exports from the country. The House Committee on Public ...

  • UNICAL, CRUTECH commend PUNCH over book presentations

    Mudiaga Affe, Calabar The management of the University of Calabar as well as that of the Cross River University of Technology on Monday commended Punch Nigeria Limited for making books that will arm graduating students with entrepreneurial skills available. The Punch company had donated four sets of books titled: Managing ...

  • N200bn arrears: Federal workers issue 14-day ultimatum to FG

    Fidelis Soriwei, Abuja The Association of Senior Civil Servants of Nigeria has issued a 14-day ultimatum to the Federal Government over the non-payment of N200bn promotion/salary arrears and death benefits owed federal civil servants. The President of the group, Mr Bala Kaigama, made the comment while speaking on the issue ...

  • Tackling increasing threat of virtual marauders

    At the weekend, the biggest cyberattack the world has ever witnessed happened. WannaCrypt ransomware worm was unleashed on the global community. The head of the European Union’s law enforcement agency Europol, described the attack as ‘unprecedented’ in its reach, with more than 200,000 victims in at least 150 countries. Although ...

  • Multiplier Effects Of CBN’s Foreign Exchange Intervention

    By Kayode Tokede, Lagos The Central Bank of Nigeria (CBN) since last year has continued to intervene in the foreign exchange market following challenges posed by the level of depletion of the country’s reserves, arising from issues such as a drastic reduction in oil earnings, speculative trading most especially at ...

  • Cross River Govt.To Partner First Bank For Improved Agriculture-Commissioner

    LEADERSHIP EDITORS The Cross River Government says it is ready to partner with First Bank Nigeria Plc to enhance agricultural production in the state. Prof. Anthony Eneji, Commissioner for Agriculture and Natural Resources, stated this on Monday in Calabar while receiving a team of First Bank which paid him a ...

  • Nigeria: Nigeria Seeks Foreign Investors for Smart Cities Project

    [Premium Times] The Minister of Communications, Adebayo Shittu, says Nigeria is set to hold a smart cities summit in June as part of efforts by the Federal Government to develop ICT sector in the country.

  • FG Moves To Develop Traditional Medicine

    By CHIKA IZUORA, Lagos The Nigerian Institute of Medical Research (NIMR) is set to vet all traditional medicine products produced in the country to ascertain its efficiency and safety for human consumption. The institute is carrying out the task in partnership with the Nigerian Council of Physicians of Natural Medicine ...

  • BoI shops for N1tn to finance economic recovery plan

    Ifeanyi Onuba The Bank of Industry is seeking to raise about N1tn from local and international sources to finance the industrial component of the Economic Recovery and Growth Plan. The Acting Managing Director, BoI, Mr. Waheed Olagunju, stated this in Abuja at the 57th Annual General Meeting of the bank. ...

  • Police is not your friend

    Kaine Agary I do not know who came up with the Nigeria Police slogan, “The Police is Your Friend”, but make no mistake about your relationship with the Nigeria Police. Nowhere in the world is the police your friend. They have a very important role in keeping law and order ...

  • Parliamentarian decries lack of free movement of persons in ECOWAS

    Mr. Edwin Snowe, the Vice Chairman, Administration, Finance, Budget Control and Audit of the ECOWAS Parliament has decried the lack of free movement of persons and goods in the region. Snowe spoke to the News Agency of Nigeria on the sidelines of the ongoing “2017 Fourth Legislature First Ordinary Session of ...