• We’ll explore arts, entertainment sector to overcome recession- Ambode

    …Hosts First Rasheed Gbadamosi Art Exhibition Lagos State Governor, Mr. Akinwunmi Ambode on Friday evening said that his administration will continue to harness the massive potentials and creativity that abound in the arts and entertainment sector not only to boost the State’s economy but also to lead the drive to ...

  • Recession : Don tasks FG on steps to restructure economy

    A university lecturer, Dr Tolani Hassan, has advised the Federal Government to reflate the economy, stabilise the oil sector and create employment opportunities to reverse the current economic recession. Hassan, a senior lecturer of Economics at the College of Management and Social Sciences, Tai Solarin University of Education, Ijebu-Ode, stressed ...

  • We won’t reverse forex ban on 41 items – CBN

    Ifeanyi Onuba, Abuja The Central Bank of Nigeria is not considering the reversal of its policy banning foreign exchange sale to importers of 41 items, which the country has the capacity to produce locally. The apex bank said rather than reversing the policy, it would continue to come up with ...

  • High import duties threaten LPG market growth – NLPGA

    Eric Dumo The Nigeria Liquefied Petroleum Gas Association has said that the high cost of importation of Liquefied Petroleum Gas (cooking gas) equipment is seriously affecting the industry and threatening its growth. The NLPGA also said that if the situation persisted, the growth of the LPG market in the country ...

  • We’ll sustain war against fake drugs – Minister

     Chukwudi Akasike, Port Harcourt  The Federal Government has vowed to sustain the war against fake and substandard drugs with a view to forcing counterfeiters out of the illicit business. Minister of Health, Dr. Isaac Adewole, made this vow while supervising the destruction of fake drugs worth N9.6 billion at a ...

  • Obaseki wants Japanese investment inagriculture, solid minerals

    Friday Olokor, Abuja Governor Godwin Obaseki of Edo State has commenced discussions with the Japanese government to drive investments in agriculture, transportation, solid minerals and youth empowerment in vocational and technological services. The governor at a meeting in Abuja with the First Secretary, Economic Development and Cooperation, Embassy of Japan ...

  • IGP commended over safety on roads

    Inspector General of Police  Ibrahim Idris has been commended over the performances of the police in ensuring that motorists maintained proper law and order on Nigerian roads during the last yuletide, as there was much sanity on our roads during the celebration. In a statement issued after its National Executive ...

  • Youth Should Pay Attention To Nation’s Unity – Yakasai

    Alhaji Tanko Yakasai served as Hausa editor of Daily Comet, Kano, between 1954 and  1960, he was Kano State commissioner for Information from 1967 to 1971 and between 1971 and 1972, he served as commissioner for Forestry, Community Development And Co-operatives Kano State he was also Kano State commissioner for ...

  • Time To Give Emefiele His Due Credit

    The issue of foreign exchange (forex) policy in Nigeria is one that has continued to generate controversy even as the authority vested with the power to manage what is available, the Central Bank of Nigeria (CBN), has consistently explained that it does not manufacture foreign currencies which, actually, is what ...

  • Juan José Andrés Alvez renuncia al consejo de NH dos días después de su nombramiento

    Juan José Andrés Alvez ha renunciado a su puesto en el consejo de administración de NH Hotel Group tan solo dos días después de haberse aprobado su inclusión en calidad de independiente, según ha informado la compañía en un comunicado remitido a la Comisión Nacional del Mercado de Valores (CNMV).

  • Economía/Empresas.- Juan José Andrés Alvez renuncia al consejo de NH dos días después de su nombramiento

    br /> MADRID, 27 (EUROPA PRESS) Juan José Andrés Alvez ha renunciado a su puesto en el consejo de administración de NH Hotel Group tan solo dos días después de haberse aprobado su inclusión en calidad de independiente, según ha informado la compañía en un comunicado ...

  • Forex policy critics are unpatriotic – CBN

    The Central Bank of Nigeria hit out at critics of its foreign exchange policy, describing them as “unpatriotic” in a statement released Friday. Nigeria’s government has come under intense criticism for propping up the naira at 305-315 to the dollar and introducing tight capital controls in response to the country’s ...

  • PHOTOS: Ambode commissions upgraded Eagle Square

    Representative of the Lagos State Governor & Acting Commissioner, Tourism, Arts & Culture, Mrs. Adebimpe Akinsola,  on Friday, January 27, 2017 commissioned the upgraded Eagle Square, Tinubu at Lagos Island. Present at the commissioning were the Sole Administrator, Lagos Island Local Government, Alhaji Nasir Musa; Special Adviser to the Governor ...

  • Turkey threatens to cancel EU deal over Greek coup ruling

    Turkey has threatened to cancel a deal with the European Union on taking back migrants who cross over to Greece. Turkish officials are unhappy about a decision by the Greek Supreme Court not to extradite a group of eight Turkish soldiers who fled to Greece after a failed coup in ...

  • Firm To Govt: Intensify Tree Planting To Avert Effects Of Climate Change

    The Chairman of Bisrod Furniture Nigeria Limited and the Evergreen Tree Planter, Giwa Bisi Rodipe, has urged both the Federal and State Governments to make huge investments in tree planting to avert effects of climate change. Rodipe, who stated this recently during the commissioning of the state-of-the-art Bisrod Mechanical Kiln ...

  • We won’t change forex policy, says CBN

    Ifeanyi Onuba, Abuja The Central Bank of Nigeria on Thursday stated that no amount of criticism and blackmail from “self-centred individuals” would make it change its current flexible foreign exchange rate policy. The apex bank said this in a statement titled: ‘Nigeria’s current economic situation: Our case’, signed by its ...

  • Japanese firms plan multi-million dollar investment in Nigeria

    Ifeanyi Onuba, Abuja Barring any last minute change in plans, at least four major sectors of the Nigerian economy will soon attract multi-million dollars’ worth of investments from 11 Japanese firms. The Executive Director and Chief Executive Officer, Nigerian Export Promotion Council, Segun Awolowo, disclosed this during a meeting with ...

  • Vehicle importation through land borders aided arms proliferation — Customs

    Ifeanyi Onuba, Abuja The Nigeria Customs Service on Thursday justified the decision of the Federal Government to ban the importation of vehicles through land borders, stating that majority of arms and ammunition coming into the country were through that trade route. The Comptroller General of Customs, Hameed Ali, stated this ...

  • Ambode tells youths to create jobs, wealth

    Sesan Olufowobi The Lagos State Governor, Akinwunmi Ambode, has presented cheques worth over N1bn to 705 beneficiaries of the Lagos State Employment Trust Fund, telling them to create jobs, make money and contribute to the growth of the Lagos economy. Ambode, during the presentation of the cheques to the beneficiaries ...

  • Nigeria loses much to maritime crimes, says Osinbajo…pledges support for SMEs

    Olaleye Aluko and Ogbonnaya Ikokwu The Acting President, Prof Yemi Osinbajo, on Thursday said Nigeria had lost much commerce to the activities of sea robbers, pirates and others in the Nigerian maritime sector. Osinbajo said this while inaugurating the harmonised standard operating procedures on the arrest, detention and prosecution of ...

  • Stakeholders collaborate on local raw materials, equipment

    Anna Okon Stakeholders from the Manufacturers Association of Nigeria, Raw Materials and Research and Development Council and Clarion Events are working on an arrangement that will ensure availability of raw materials, machinery and funding for large corporations as well as operators in the Micro, Small and Medium Enterprise sector of ...