• N’Assembly, Adeosun, 58 others meet on 2017 budget Monday

    John Ameh, Abuja Senators and members of the House of Representatives are engaging the Minister of Finance, Mrs. Kemi Adeosun; the Minister of Budget and National Planning, Udoma Udo-Udoma; and 57 other officials and agencies on the 2017 budget on Monday (today) to open up the budgeting process. Among the ...

  • External reserves rise by 20% in three months

    Oyetunji Abioye The nation’s external reserves have risen by $4.7bn or 20 per cent in the past three months, according to the latest data from the Central Bank of Nigeria. Statistics on the CBN website on Sunday revealed that the foreign exchange reserves increased from $24.0bn on November 9, 2016 ...

  • NCDMB votes $100m for contractor finance, others

    The Nigerian Content Development Monitoring Board (NCDMB) is to set aside $100 million for Project Finance, Asset Acquisition & Contractor Finance under its Nigerian Content Intervention Fund (NCIF). NCDMB’s General Manager, Finance and Accounts,  Obinna Ofili, who stated this, however, did not give details of how the Contractor Finance fund ...

  • NPFL: Akwa United Stop Plateau Unbeaten Run, Tornadoes, El Kanemi Win

    The unbeaten run of Plateau United in the Nigeria Professional  Football League (NPFL) ended on Sunday in Uyo as they fell 1-2 to Akwa  United though they retained top spot on the table. Akwa United showed  they meant business as early as the sixth minute when former Enyimba  man, Christian ...

  • Insurers Back Bill To Raise Additional N240bn From Motor Policy

    Operators in Nigeria’s insurance industry have expressed their support for the ongoing plans to quadruple the country’s third party motor insurance policy from the current N5,000 premium per annum to N20,000. According to LEADERSHIP findings, a bill to increase the insurance premium from N5,000 to N20,000 sponsored by Senator Umaru ...

  • Aregbesola, Sultan, Others Pray For Nigeria, President Buhari In Osun

    Muslims all over the country led by the Sultan of Sokoto, His Eminence, Alhaji Sa’ad Abubakar III, gathered in Osogbo, Osun State capital on Sunday to organize a special prayer for the nation. The congregation also extended the prayers to President Muhammadu Buhari. Governor Rauf Aregbesola at the event observed ...

  • ‘NYSC Members Can Get Soft Loan For Entrepreneural Development’

    The Sokoto state coordinator of National Youths Service Scheme  (NYSC), Alhaji Musa Abubakar has disclosed that the scheme is ready to partner both the Central Bank of Nigeria and other commercial banks for a soft loan package to enable corps members develop their entrepreneurship skills. Speaking yesterday at State NYSC ...

  • Review of Nigeria’s trade policy ready in June – FG

    Ifeanyi Onuba The review of Nigeria’s trade policy, which was started last year, will be concluded by the end of June this year, the Federal Government has said. The Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah, confirmed the development while responding to enquiries from SUNDAY PUNCH in Abuja. ...

  • NYSC Members Can Get N3m To N10m Soft Loan For Entreneural Development-State Coordinator

    BY ANKELI EMMANUEL, Sokoto The Sokoto State coordinator of National Youths Service Scheme  (NYSC), Alhaji Musa Abubakar divulged that the scheme is ready to partner both the Central Bank of Nigeria (CBN) and other commercial banks for a soft loan package to enable corps members develop their entrepreneurs. He said ...

  • Preparations For The Face of Nigeria Northern Zonal Finals, Begin

    Ahead of the grand finale fixed for September this year, preparations to stage the Northern Zonal Finals of the World’s first Orange Beauty Festival, known as the Face of Nigeria has begun. The organisers of the Northern Zonal finals of The Face of Nigeria – Danhausawa Media Limited has commenced ...

  • Edo RTEAN Elects New Officials, Promise To Partner Obaseki

    The Edo chapter of the Road Transport Employers Association of Nigeria (RTEAN), weekend has expressed commitment that the new Leadership on board would  partner Edo State government in the area of revenue collection. The Newly sworn in state Chairman of the body  Mr Sunday Erahon, stated this in Benin shortly ...

  • Buhari’s health: NBA, TUC, CAN, health workers, others seek constitutional amendment

    Dayo Oketola, Friday Olokor, Success Nwogu, Ade Adesomoju, Gbenro Adeoye, Kunle Falayi, Jesusegun Alagbe and Tunde Ajaja, In light of the speculations over the extent of President Muhammadu Buhari’s ill health, the Nigerian Bar Association, Christian Association of Nigeria, Trade Union Congress, socio-cultural groups, health sector unions and some prominent ...

  • Tambuwal sacks revenue board, appoints interim committee

    Sokoto State Governor, Aminu Tambuwal, has approved the dissolution of the management committee of the state’s Board of Internal Revenue. The state Commissioner of Finance, Alhaji Saidu Umar, in a statement, said a nine-member interim management committee had been constituted, pending when a substantive board would be appointed. The commissioner ...

  • Eurobond Success, Implication For Nigeria’s Economy

    The over subscription of Nigeria’s $1billion Eurobond by a whopping 750 per cent confirmed the position of the federal government and its agencies like the Debt Management Office (DMO) that Nigeria’s economy is bankable and has earned the confidence of investors, local and foreign. It was, indeed, a day of ...

  • NTDC Endorses Tourism Book For Secondary School Curriculum

    As part of its efforts to ensure lasting promotion of tourism in Nigeria by instilling it into the Nigerian youths, the Nigerian Tourism Development Corporation (NTDC) has endorsed a new book, “Redefining Tourism in Nigeria: The Real Issues and Challenge, Vol. 1-3,” into the Nigerian Secondary School curriculum. Speaking in ...

  • BoI promotes made-in-Nigeria goods

    AS part of its effort to boost the creative economy, Nigeria’s developmental bank, Bank of Industry (BoI) has organised a two-day masterclass for fashion designers in Lagos and Abuja on February 8 and February 10 respectively. At the Lagos segment of the event which held at the Oriental Hotel, Lekki, ...

  • NICON Insurance Signs MoU With Quintessential Group PLC

    NICON insurance on Friday in Abuja signed a memorandum of under with the Quintessential Group Plc to provide a welfare insurance cover for the members of the association. Speaking at the event, the Director General of Quintessential Group Mrs. Judith Tanko said the essence of the MoU is to provide ...

  • PM says point of migrant deal from informal summit is to send ‘strong signal’, genuine refugees welcome

    Prime Minister Joseph Muscat said that the point underpinning the deal signed in the informal EU summit on migration which took place in Malta last Friday was to send a “strong signal” that genuine refugees are welcome however people are not to use illegal channels to circumvent visa procedures.He said ...

  • Gunmen attack Kogi police station, kill two policemen, detainee

    Some gunmen in the early hours of Friday, attacked a police station at Eika community in Okehi Local Government Area of Kogi, killing two policemen and a detainee. The News Agency of Nigeria gathered that the bandits invaded the police station at about 1am and immediately opened fire on the ...

  • Mechanic kills sales boy for scratching customer’s car

    Samson Folarin The police in Lagos State have launched a manhunt for a mechanic, Fatai Bashiru, for allegedly killing a sales boy, Shedrach Emenike, aka Chiboy, in the Papa Ajao, Mushin area of the state. PUNCH Metro learnt that Bashiru stabbed the 23-year-old in the armpit and other parts of ...

  • Buhari is Nigeria’s strongest brand – Onyeama

    The Minister of Foreign Affairs, Chief Geoffrey Onyeama, says that President Muhammadu Buhari is the ‘strongest brand’ the country currently has to improve on its credibility. Onyeama made this known when he addressed newsmen in Eke, Udi Local Government Area of Enugu State, on Thursday. According to him, the credibility ...