• Strengthening CBN’s Strategic Financial Inclusion Drive

    It was not clear until the survey by a development finance organisation, the Enhancing Financial Innovation and Access (EFinA) revealed that about 53 per cent of adults were excluded from financial services in Nigeria as at 2008. That report was corroborated by many other indicators to the affirmation that a ...

  • N10bn Debts: FCTA To Seal Up Govt Offices, Hotels

      The Federal Capital Territory Administration (FCTA) has said that as workers prepare to resume work after the Easter holidays, some government offices, hotels, and other public business centres may be under lock and keys due to debts owed to the Abuja Environmental Protection Board (AEPB). Director of AEPB, Engr. ...

  • TotalEnergies Reaffirms Commitment To Entrepreneurship Devt

    TotalEnergies Nigeria has reaffirmed its commitment to drive entrepreneurship development in Nigeria, noting that, entrepreneurs are vital to solving Nigeria and Africa’s economic problems. The managing director, TotalEnergies Marketing Nigeria Plc, Samba Salfal Seye, said, Nigeria, like all other countries on the continent, is faced with challenges of poverty, youth ...

  • NDLEA Intercepts Cocaine Consignment At 3 Airports, Arrests 7 Suspects

    National Drug Law Enforcement Agency (NDLEA) has stopped attempts by Brazil based drug cartels to smuggle large consignments of cocaine into Nigeria through three major international airports in Port Harcourt, Abuja and Lagos and arrested seven traffickers. At the Port Harcourt international airport, five suspects were arrested on Saturday 9th ...

  • Why Nigeria’s Petrol Subsidy Is Bad Business For All

    As in many other resource-rich countries, the Nigeria government introduced a fuel subsidy regime as part of strategies for cushioning the macroeconomic impacts of oil price shocks on the economy. Under this arrangement, the government regulates the domestic price of fuel and pays domestic marketers the difference between the regulated ...

  • Boosting Nigeria’s Trade Export  Balanced Economic Growth, Devt

    The country’s low export capacity has been identified as one of the major problems bedeviling the Nigerian economy in recent times. This argument finds expression in the fact that domestic output has been low over the years while the country does not even produce enough to export. According to the ...

  • Firms Partner To Improve Telemedicine In Nigeria

    Innovative Firms, LaFiya Telehealth and Israel based Tyto Care have partnered to improve physicians examine and diagnose patients virtually beyond video consultations in Nigeria. The partnership brings an integration of their services to enable remote examinations with live streaming, information from Tyto Care Home kits and consequently allow for a ...

  • NDLEA Intercepts Cocaine Consignments At 3 Airports, Arrests 7 Traffickers

    The National Drug Law Enforcement Agency (NDLEA) has stopped attempts by Brazil-based drug cartels to smuggle large consignments of Cocaine into Nigeria through three major international airports in Port Harcourt, Abuja and Lagos and consequently arrested seven traffickers. At the Port Harcourt International Airport, five suspects were arrested on Saturday, ...

  • New Horizons, BMS Train 3,782 Students On Coding, Robotics

    In the drive to promote technopreneur skills in High school students, New Horizons Nigeria in partnership with Baptist Mission Schools has held a Coding and Robotics Challenge for about 3,782 students. The competition which started in February saw the grand finale held at Bowen University, Iwo, Osun State recently. During ...

  • Importation Of Substandard Products Killing Local Industries –SON

    The Standard Organisation of Nigeria(SON), on Thursday, disclosed that, importation of substandard goods into the country is affecting the growth of local industries. Speaking at the maritime stakeholders sensitisation forum in Apapa with the theme, “Standards Save Lives, Grow Economy,” the director general, SON, Mallam Farouq Salim, said substandard products ...

  • Power Sector Needs $410bn To Strengthen Transmission, Distribution Infrastructure – Osinbajo

    For the country’s power transmission and distribution capacities to stabilise, another $410 billion would be required, says Vice President, Yemi Osinbajo. This, he said, at a virtual event on climate finance themed: ‘Climate Finance and a Just, Equitable Energy Transition for Africa.’ Nigeria needs to upgrade its power infrastructure, especially ...

  • Petition launched to save the Taiwan-Paraguay Polytechnic University project

    RIO DE JANEIRO, BRAZIL - Through the Change.org platform, an internet petition website for civic, reformist, social, and vindicating the fulfillment of human rights, a citizen identified as José Manuel Arce Martínez launched the following petition, entitled "Let's save the education of our young people": "The Taiwan-Paraguay Polytechnic University was ...

  • Health Firms Partner To Improve Telemedicine In Nigeria

    Two innovative firms, LaFiya Telehealth and Israel-based Tyto Care, have partnered to improve how physicians examine and diagnose patients virtually beyond video consultations in Nigeria. The partnership brings an integration of their services to enable remote examinations with live streaming, information from Tyto Care Home kits and consequently allow for ...

  • Peter Obi Decries Nigeria’s Crippling Economy 

    Former Anambra State governor and presidential aspirant of the Peoples Democratic Party (PDP), Peter Obi, yesterday said Nigeria’s economy is crippled because leaders failed to prioritise a production formula but focused on a sharing formula. Obi who said Nigeria is collapsing fast added that unless something is urgently done, Nigerians ...

  • NGO Hosts Media On Constitutional Amendment In Kaduna

    A non-governmental organisation (NGO), Partnership to Engage Reforms and Learn (PERL) has facilitated a one-day session with media partners in Kaduna on the ongoing constitution amendment by the National Assembly (NASS). While focusing on the objectives of the meeting and overview of the constitutional amendment process, the state partnership facilitator ...

  • NCC, Google Partner To Drive Nigeria’s Digital Transformation

    The Nigerian Communications Commission (NCC) and Google Global Services Nigeria have expressed determination to work together toward the actualisation of targets for ubiquitous broadband access in furtherance of Nigeria’s digital transformation policy. A statement issued yesterday by the Director of Public Affairs of NCC, Dr. Ikechukwu Adinde, said this partnership ...

  • Foreign Airlines Begin Tickets Sale In Dollar Over $283m Trapped Fund

    Amid the worsening shortage of foreign exchange in the country, some of the foreign airlines flying directly into Nigeria will from, Tuesday 19th April, 2022, begin the sale of their tickets in dollar. This is coming against the backdrop of  foreign carriers’ unremitted ticket sale proceeds in Nigeria reportedly hit ...

  • Buhari Reconstitutes FMBN Board

      President Muhammadu Buhari has approved the reconstitution of the Board of the Federal Mortgage Bank of Nigeria. This is with a view to repositioning the bank as a core banking institution with core competence in mortgage finance. Recall that the President had, in January this year, appointed Mr Ayodeji ...

  • 2023: Presidential Aspirants Charged To Present Plans, Vision For Nigeria

    Presidential aspirants in the coming 2023 general elections have been challenged to present their ideas and plans they have to better the life of Nigerians and move the country’s economy forward. President, Concerned Nigerian Network in Diaspora, Ambassador James Erebuoye gave the charge in a message saying, “So far, non ...

  • Novo presidente da Petrobras toma posse hoje

    A cerimônia de posse do novo presidente da Petrobras, José Mauro Ferreira Coelho, ocorrerá na tarde de hoje (14) na sede da empresa, no centro do Rio de Janeiro, informou há pouco a assessoria de imprensa da companhia. O novo Conselho de Administração, em reunião realizada nesta quinta-feira, elegeu José Mauro ...

  • Prática de preço de mercado é necessária, diz presidente da Petrobras

    O presidente eleito da Petrobras, José Mauro Ferreira Coelho, tomou posse hoje (14) à tarde, em cerimônia fechada à imprensa, na sede da empresa, no Rio de Janeiro. Durante o evento, transmitido online, ele falou sobre a importância da prática de preços de mercado de combustíveis. “A prática de preços de ...