• Juan José Aranguren: “La etapa más complicada de la suba de tarifas ya pasó”

     

  • Venezuela's humanitarian crisis spilling into Brazil, Human Rights Watch warns

    Source: Human Rights Watch Country: Brazil, Venezuela (Bolivarian Republic of)Medicine, basic medical supplies, and even food are in such short supply that many Venezuelans cannot feed their families or get adequate medical care and are fleeing to Brazil.Regional Response Urgently Needed (Washington, DC) – Venezuela’s humanitarian crisis is spilling across its borders, ...

  • CBN disburses $280m to SMEs, BDCs, others

    Ifeanyi Onuba, Abuja The Central Bank of Nigeria on Tuesday continued its intervention in the foreign exchange segment of the financial market with the injection of fresh $280m into various sectors of the economy. The CBN said in a statement by its Acting Director, Corporate Communications Department, Mr. Isaac Okorafor, ...

  • Adeosun seeks global support on illicit financial flows

    Ifeanyi Onuba, Abuja The Minister of Finance, Mrs. Kemi Adeosun, has called for global support towards addressing the issue of illicit financial flows in Africa. She added that this would help drive accelerated revenue growth and improve government’s efficiency. The minister stated this while addressing senior representatives of the World ...

  • MSU, MasterCard commit $13m to youth employment

     Ife Ogunfuwa As part of a five-year partnership, the Michigan State University and The MasterCard Foundation have committed $13m to the employment and entrepreneurship training of 15,000 young people in Nigeria and Tanzania. A statement by the MSU said the areas of focus of the empowerment would be the fast-growing ...

  • CBN vows to sustain forex liquidity

    The Central Bank of Nigeria (CBN) has vowed to sustain liquidity in the foreign exchange market with the injection of $280 million into various sectors of the market. The CBN has also commenced its weekly $20,000 sale to licensed Bureaux de Change (BDCs) and further announced the opening of bids for offering $100m wholesale 7-45 ...

  • NPF, NGO partner to curb corruption among policemen

    Adelani Adepegba, Abuja The Nigeria Police Force has concluded plans with a Non-Governmental Organisation, the Akin Fadeyi Foundation, to combat corruption among police officers and the rank and file as part of strategies to make the police more public friendly. The anti-corruption advocacy, which is scheduled for inauguration on Thursday ...

  • NNPC didn’t remit $81.2bn in four years – Reps’ panel

    John Ameh, Abuja The House of Representatives believes that the Nigerian National Petroleum Corporation did not remit a total of $81.2bn crude oil proceeds to the Federation Account in four years. READ: Three NNPC chiefs fired over missing N11bn petrol Its ad hoc committee, which is investigating the alleged export of ...

  • CBN introduces ‘Form X’ for SMEs, naira closes at 410/$

    Oyetunji Abioye The Central Bank of Nigeria has introduced “Form X” for the Small and Medium-scale Enterprises seeking to purchase foreign exchange from the apex bank. The CBN said the decision was part of its commitment to increase forex liquidity and improve access by the SMEs and retail businesses to ...

  • FG to recover 53,000 ghost workers’ pensions

    Ifeanyi Onuba, Abuja The Minister of Finance, Mrs. Kemi Adeosun, has said her ministry is working with the National Pension Commission to recover the pensions so far paid into the Retirement Savings Accounts of ghost workers. She said since the establishment of the Presidential Initiative on Continuous Audit in March ...

  • PDP chieftain, group seek job creation through waste

    Afeez Hanafi A civil society group, Centre for Democracy and Socio Economy Rights (CEDESER), and a chieftain of the Peoples Democratic Party, Yakubu Aromasodu, have advised the Lagos State Governor, Akinwunmi Ambode, to create jobs for residents through  the waste management policy. Aromasodu, who also lauded the Cleaner Lagos Initiative  ...

  • IMF: Global economy to grow by 3.5 per cent

    •Forecasts 3.6% for 2018 The Global economy is expected to grow by 3.5 per cent this year, and would edge higher to 3.6 per cent by 2018, the International Monetary Fund (IMF), forcasts have indicated. The world financial body in a release yesterday by its Economic Counsellor and Director of ...

  • How Nigeria Can Curb Building Collapse, Road Failure Challenges

    The growing incidences of building collapse in Nigeria in the last 25 years have assumed a very worrisome dimension as many lives are lost and huge investments wasted. Several causes of building failure have been attributed to either natural or man-made phenomena. Surveys carried out have shown that the use ...

  • NASS Mulls Legislation To Make Whistleblower Policy Viable

    A member in the House of Representatives, Hon. Jide Jimoh has hailed federal government on its whistle blower policy, stressing that the National Assembly is considering making a law that would make the policy stronger. The lawmaker who disclosed this in Lagos while speaking with journalists said President Mohammadu Buhari ...

  • Ethiopian Airlines Lands Airbus 8350 In Abuja Today

    Ethiopian Airlines says it is landing a brand new Airbus 8350 aircraft at the Nnamdi Azikiwe International Airport, Abuja today to mark the reopening of the airport slated for tomorrow, April 19. The Airline’s Traffic and Sales Manager, Firiehiwot Mekonnen, who disclosed this  yesterday, said the aircraft was going to ...

  • Community Policing To Complement Role Of Security Agencies

    The Lagos State governor, Mr Akinwumi Ambode, recently inaugurated the Lagos Neighbourhood Safety Corps to complement the efforts of the Nigeria Police in securing the nooks and cranny of the state. The inauguration of the corps followed the signing  into law of an executive bill in August 2016 for its ...

  • Dangote Will Be Largest Exporter Of Rice In 5 Years – AfDB

    President of African Development Bank (AfDB), Akinwumi Adesina, has predicted that business mogul, Aliko Dangote, may become the largest exporter of rice globally in the next five years. He said Africa must focus on agriculture to drive growth and create jobs on the continent. The former minister of Agriculture in ...

  • Nigeria’s Reserves Rise By $109m In 12 Days

    Although the Central Bank of Nigeria has been consistent in its supply of dollars at the foreign exchange market at both the interbank and bureau de change end of the markets, the external reserves of the country has continued to rise, growing by $109.66 million or 0.36 per cent in ...

  • Arrest illegal tax collectors on highways –IG

    Adelani Adepegba, Abuja The Inspector-General of Police, Ibrahim Idris, has ordered the arrest of illegal tax and revenue collectors as well as labour and trade union members impeding vehicular movement on roads and highways across the country. To this end, he had deployed the police Special X-Squad team across the ...

  • Should list of alleged treasury looters remain secret?

    Funminiyi Afuye (Former Ekiti State Commissioner for Information) I want to believe government is following the due process of the law by not publishing the list of alleged treasury looters. It is good that we are getting revelations about some of the heinous crimes committed against the people of Nigeria. ...

  • ‘1999 Constitution Gives Room For Restructuring Of Nigeria’

    Professor Auwalu Yadudu, the legal adviser to the late Head of State,General Sani Abacha said over the weekend that contrary to some speculation, the 1999 Constitution as amended gives rooms for possible restructuring of Nigeria. In a press statement signed by him yesterday, Yadudu, a professor of law at the ...