• Nigeria’s North-West, North-East, poorest in the world – Sanusi

    Niyi Odebode, Eniola Akinkuotu and Godwin Isenyo The Emir of Kano, Muhammadu Sanusi ll, on Wednesday, said the North-West and the North-East remained the poorest parts of the world. Sanusi, made this statement at the Kaduna State Economic Summit in Kaduna, the state capital. The monarch, who spoke on the ...

  • FG clears N54bn pension arrears

    Ifeanyi Onuba, Abuja The Federal Government on Wednesday said it had cleared the inherited arrears of accrued pension benefits for the years 2014, 2015 and 2016 by releasing N41.5bn and N12.5bn for January, February and March this year to the National Pension Commission for onward payment to retirees. The Minister ...

  • NOA, Amnesty office partner to promote agri-business in Niger Delta

    The National Orientation Agency (NOA) and Amnesty Office in the Presidency have entered into a strategic partnership to promote agriculture and allied businesses among former militants in the Niger Delta region. The NOA Director General, Dr Garba Abari, and the Special Adviser to the President on Amnesty, retired Brig.–Gen. Paul ...

  • The Politicisation And Destruction Of The Foreign Service

    The Ministry of Foreign Affairs (MFA) began as a Department in the office of the Prime Minister, Sir Abubakar Tafawa Balewa, in 1957 with the name: Department of Foreign Affairs and Commonwealth Relations. It was to handle all aspects of Nigeria’s bilateral and multilateral relations with the outside world, and ...

  • Restructuring: SOKAPU To Partner Niger Delta, Middle Belt, Others

    The umbrella body of over 45 ethnic nationalities in Southern Kaduna under the platform of Southern Kaduna Peoples’ Union (SOKAPU) has concluded arrangement to partner with Niger Delta, Middle Belt and other Southern pressure groups in order to take a common position on restructuring Nigeria.   The group in a ...

  • Group Lauds CAC For 48 Hours Biz Registration

    The Society for Civic Education and Gender Equity (SOCEGE), has lauded the Mahmud Bello-led Corporate Affairs Commission (CAC), for easing the process of business registration in the country. SOCEGE’ Lead Director, Ms. Chizoba Okonkwo, said on Wednesday in Abuja that the application of ICT in business registration would open up ...

  • Proper Implementation of Economic Recovery Growth Plan Will Revive Nigeria’s Economy- Dogara

    Speaker of the House of Representatives, Yakubu Dogara, has expressed confidence that if properly implemented,  the  Economic Recovery Growth Plan launched by President Muhammadu Buhari , (ERGP), will revive Nigeria’s economy Dogara stated this Wednesday at the launch of the Economic Recovery Growth Plan at the Presidential villa in Abuja, ...

  • Nigeria Running On Lottery -Utomi

    Foremost economist and founder of Lagos Business School, Prof. Pat Utomi has blamed the current economic recession in the country on planlessness  and lack foresight which a good national budget could have taken care of easily. Speaking as a guest lecturer yesterday at Dr Emmanuel Egbogah Budget Roundtable titled: Budget ...

  • FG Launches The Economic Recovery And Growth Plan

    The federal government has officially launched the Nigeria Economic Recovery and Growth Plan (ERGP) meant to restructure the country and its economy from 2017 to 2020. The Minister of Budget and National Planning Sen. Udoma Udo Udoma in his speech at the event which took place at the state house ...

  • Chacina em SP: "Ele chegou baleado, pedindo socorro", diz vizinha de bar

    As marcas de sangue ainda estão nas paredes das casas da Rua Carlos Guimarães, no Jaçanã, zona norte da capital paulista, ao lado do bar onde seis pessoas morreram e outras três ficaram feridas após um tiroteio. Foi nesta rua que uma das vítimas, identificada por vizinhos como José, chegou ...

  • FG approves $1.3bn take-off grant for Nigeria Development Bank

    The Federal Executive Council has approved a $1.3bn loan credit facility for the commencement of the Development Bank of Nigeria. The approval came on the heels of a memo submitted by the Finance Minister, Kemi Adeosun seeking council’s ratification on the loan’s request. Adeosun, who briefed State House correspondents on ...

  • FG approves $1.3bn take-off grant for Nigeria Development Bank

    The Federal Executive Council has approved a $1.3bn loan credit facility for the commencement of the Development Bank of Nigeria. The approval came on the heels of a memo submitted by the Finance Minister, Kemi Adeosun, seeking the council’s ratification on the loan’s request. Adeosun, who briefed State House correspondents ...

  • Don’t float naira, expert cautions CBN

    An economic expert, Prof. Uche Uwaleke, on Wednesday urged the Central Bank of Nigeria to ensure the economy was sufficiently diversified before considering the option of floating the naira. Uwaleke said this in an interview with the News Agency of Nigeria in Abuja. He also urged the apex bank to ...

  • No plan to scrap YouWin entrepreneurship program – Adeosun

    Ifeanyi Onuba, Abuja The Minister of Finance, Mrs Kemi Adeosun, on Wednesday, said the Federal Government has no intention to scrap the Youth With Innovation Entrepreneurship program, adding that the scheme is being reviewed to meet the economic agenda of the administration of President Muhammadu Buhari. Adeosun stated this during ...

  • Britain regrets 2013 decision after Syrian gas-attack – Minister

    Britain’s Foreign Minister, Boris Johnson said on Wednesday that Syrians were suffering the consequences of a decision taken by Britain and the U.S. in 2013. Johnson said the decision of not to act following a gas attack in Syria despite having threatened that the use of chemical weapons was a ...

  • FMBN Signs MoU With REDAN, Shelter Afrique’s On $2bn Housing Fund

    The Federal Mortgage Bank of Nigeria (FMBN) has signed a memorandum of understanding with the Real Estate Developers Association of Nigeria (REDAN) and pan-African finance institution Shelter Afrique to establish a $2 billion affordable housing fund. The money will help to finance the construction of a targeted 10,000 homes annually ...

  • AMCON May Revisit Root Causes Of Bad Loans – CEO

    The Managing Director/Chief Executive Officer of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru has said for the corporation to survive and meet its obligations, the root causes of some of the toxic loans in the real sector of the economy needed to be revisited. Kuru, while welcoming the ...

  • Constitute Customs Board Immediately, Reps Tell Adeosun

    The House of Representatives has urged the Minister of Finance, Mrs. Kemi Adeosun  to urgently constitute the governing board for the Nigeria Customs Service. The House also resolved to forward its resolution to the Senate for concurrence, as it mandated its committee on Customs and Excise to ensure implementation and ...

  • Nigeria’ll soon take over digital space – Osinbajo

    Ifeanyi Onuba, Abuja Vice President Yemi Osinbajo on Tuesday said that with the recent involvement of the government in the promotion of technology, the country would soon take over the digital space the way it did in the music, film and entertainment industry. Osinbajo, who said this in Abuja during ...

  • Recover $22bn, N316bn from NNPC, NEITI tells FG

    Okechukwu Nnodim, Abuja The Nigeria Extractive Industries Transparency Initiative on Tuesday called on the Federal Government to urgently recover the over $21.778bn and N316bn unremitted funds meant for the federation but allegedly held up by the Nigerian National Petroleum Corporation and its subsidiaries. It stated that if recovered, the funds ...

  • Sagay threatens to sue Senate over proposed summons

    Eniola Akinkuotu, Abuja The Chairman of the Presidential Advisory Committee Against Corruption, Prof. Itse Sagay (SAN), has written to the Senate President, Bukola Saraki, over plans by the Senate to invite him. Sagay, a former Dean of the Faculty of Law, University of Benin and Obafemi Awolowo University, Ile-Ife, urged ...