• Anti-graft War: NIS Withdraws 518 Officers From Airports

    In a bid to conform to the executive order on the ease of doing business in the Country as well as check corruption among its personnel, the Nigeria Immigration Service (NIS), has withdrawn 518 Officers and men from five (5) major International  Airports. The major airports are, Murtala Muhammed International ...

  • Gov Ugwuanyi Reiterates Commitment To Education

    Governor Ifeanyi Ugwuanyi of Enugu State has reiterated his administration’s commitment to partner educational institutions and private organizations towards the improvement of the standard of education in the State. Gov. Ugwuanyi spoke at the College of the Immaculate Conception (CIC), Enugu, when he performed the ground breaking of the ultra-modern ...

  • Obasanjo Warns Expatriates Against Undermining Economy

    Former President Olusegun Obasanjo has warned expatriates doing business in the country not to undermine the country’s economy. Obasanjo who spoke at the weekend in Abeokuta, the Ogun State capital at an interactive session with Indian Professionals’ Forum condemned a situation where some of the companies would import sub standard ...

  • FG’s Zero Oil Plan Will Diversify, Expand Nigeria’s Economy – Awolowo

    Executive director/chief executive officer of the Nigerian Export Promotion Council (NEPC), Mr. Olusegun Awolowo, has said the Zero Oil Plan developed by the federal government will help diversify and expand the nation’s ailing economy Awolowo who said the country’s undoing  was her focus on one product said the Zero Oil ...

  • FG Is Moving Economy On Path Of Prosperity – Onu

    Dr Ogbonnaya Onu, the Minister of Science and Technology, says the present administration was putting measures in place towards moving the economy to prosperity. Onu told the News Agency of Nigeria (NAN) at the sidelines of the ministry’s Investment Forum in New York that one of such measures was the ...

  • Don’t undermine our economy, Obasanjo warns expatriates

    Samuel Awoyinfa, Abeokuta A former President, Chief Olusegun Obasanjo, has warned foreigners and foreign companies doing business in Nigeria not to engage in sharp practices which could undermine the country’s economy. He gave this warning on Saturday in Abeokuta at an interactive session with Indian Professionals’ Forum which held inside ...

  • May Day: Workers driving economy, says Saraki

    Leke Baiyewu, Abuja President of the Senate, Senator Bukola Saraki, has described Nigerian workers as “the life blood and driving force” of the country’s development due to their invaluable contributions. In a statement signed by his Special Adviser, Media and Publicity, Mr. Yusuph Olaniyonu, in Abuja to mark the 2017 Workers’ ...

  • Don’t undermine our economy, Obasanjo warns expatriates

    Samuel Awoyinfa, Abeokuta A former President, Chief Olusegun Obasanjo, has warned foreigners and foreign companies doing business in Nigeria not to engage in sharp practices which could undermine the country’s economy. He gave this warning on Saturday in Abeokuta at an interactive session with Indian Professionals’ Forum which held inside ...

  • Peterside advocates 1% royalty to host communities

    An entrepreneur, Mr. Atedo Peterside, on Saturday urged the Federal Government to reserve one per cent royalty to host communities of oil and other mining activities. Peterside said this at the 2017 1st Quarterly Dinner of Kings College Old Boys’ Association Abuja branch (KCOBA) in a paper entitled “Evolving Economy, ...

  • Labour to protest planned removal of minimum wage from exclusive list

    The organised labour on Saturday said it would mobilise workers across sectors of the Nigerian economy to protest moves to remove minimum wage from the exclusive to concurrent legislative list. Mr Joe Ajaero, the President, United Labour Congress (ULC) said at the pre-2017 May Day seminar organised by ULC, in ...

  • Don’t undermine our economy, Obasanjo warns expatriates

    Former President Olusegun Obasanjo has warned companies – foreign and local, doing business in Nigeria against engaging in acts that could undermine Nigerian’s economy. Obasanjo said the emphasis today is on making Nigeria self – sustaining in production and consumption, vowing that he would kick against companies, whether indigenous or ...

  • Oil: Peterside advocates 1% royalty to host communities

    An entrepreneur, Mr Atedo Peterside, on Saturday urged the Federal Government to reserve one percent royalty to host communities of oil and other mining activities. Peterside said this at the 2017 Ist Quarterly Dinner of Kings College Old Boys’ Association Abuja branch (KCOBA) in a paper entitled “Evolving Economy, Good ...

  • Labour To Protest Planned Removal Of Minimum Eage From Exclusive List

    The organised labour on Saturday said it would mobilise workers across sectors of the Nigerian economy to protest moves to remove minimum wage from the exclusive to concurrent legislative list. Mr Joe Ajaero, the President, United Labour Congress (ULC) said at the pre-2017 May Day seminar organised by ULC, in ...

  • Stock market struggles for recovery amid N3.4tn loss

    Femi Asu The nation’s stock market is struggling to rebound as efforts to lure back investors received a boost following the creation of a new foreign-exchange window by the Central Bank of Nigeria. The stock market, said to be one of best performing frontier markets globally until 2013, has been ...

  • Police, Senate And Budget Palaver

    Unfolding events between the Nigeria Police Force and the Senate casts doubt over the timely passage of the 2017 budget. But there are implications for an economy in recession, writes EMAMEH GABRIEL Few days to the expiration of the 2016 budget, the rising hope following the early passage of the ...

  • Murderous Customers Threaten $1.9bn e-Commerce Industry

    The e-commerce industry is at risk of losing its over $1.9 billion investments as many Nigerians live in constant dread of online fraud and will do anything to avoid using their debit cards to process payments electronically, LEADERSHIP Sunday checks have revealed. Electronic commerce is still at the rudimentary stage ...

  • Leadership, Corruption Bane Of Nigeria’s Greatness – Richard Quest

    Mr. Richard Quest, anchorman of Cable News Network (CNN’s) ‘Quest Means Business’ and ‘Business Traveller’ who is also one of the world’s most famous media personality who has been in Lagos for the past one week to assess the state of the economy, progress made so far and the opportunities ...

  • Business: Surveyor: Former NSSF boss forged land

    Suleman Harunani swore that a deed plan of new sub-division by a company owned by former National Social Security Fund managing trustee Jos Konzolo were forgeries.

  • Nigeria faces weak investor confidence amid reforms delay

    Ife Ogunfuwa Economists in the country have warned that the failure of the government to implement key reforms will discourage Foreign Direct Investment and portfolio inflows. Speaking on some of the risks the country will encounter as a result of inconsistent policies, the Chief Economist, PricewaterhouseCoopers, Andrew Nevin, noted that ...

  • FG audits N300bn export liabilities to manufacturers

    Ifeanyi Onuba, Abuja The Federal Government has commenced a verification of the claims by exporters under the Export Expansion Grant scheme. The move is contained in a circular issued by the Nigerian Export Promotion Council to exporters who partook in the scheme. The circular, which was signed by the Director, ...

  • B’Haram: FG partners Sudan on weapons’ production

    Olaleye Aluko, Abuja The Federal Government is set to partner Sudan in the local production of weapons in a bid to enhance the fight against Boko Haram insurgency in the North-East. Minister of Defence, Mansur Dan-Ali, who made this known while meeting his Sudanese counterpart, Awad Ibf Ouf, disclosed that ...