• NDDC Denies Alleged Diversion Of N120bn

    The Niger Development Commission (NDDC) has denied allegation that it diverted N120 billion to sponsor a major political party in recent elections in Edo and Rivers. A statement issued by NDDC’s Head of Corporate Affairs, Mr Chijioke Amu-Nnadi, on Thursday in Port Harcourt, said the allegation was made by the ...

  • FG To Enroll Corps Members In National Health Insurance Scheme

    The Executive Secretary, National Health Insurance Scheme, Prof Usman Yusuf yesterday disclosed that healthcare of members of National Youth Service Corps (NYSC) would henceforth be covered by the National Health Insurance Scheme (NHIS). The ES said this during a courtesy call at the LEADERSHIP Newspaper office in Abuja. He said ...

  • As Nigeria, China Sign ONE CHINA Agreement: China To Invest Additional $40bn In Nigeria

    The Chinese government is to invest an additional sum of $40 billion in the Nigerian economy, its foreign affairs minister, Mr Wang Yi, said yesterday. Yi, who is on a working visit to Nigeria, stated this at a bilateral meeting with his Nigerian counterpart, Geoffrey Onyeama, during which both countries ...

  • Ooni Visits Ambode, Seeks Food Security Integration In South West

    The Ooni of Ife, Oba Enitan Adeyeye Ogunwusi yesterday visited Lagos State governor, Mr. Akinwunmi Ambode, saying it is high time South West states integrate in some areas including food security to develop the region. The imperial majesty emphasized that partnership on food security said it was important for the ...

  • Africa: China, Nigeria Need to Deepen Strategic Partnership - Chinese FM

    [Focac] Abuja -China and Nigeria need to further expand practical cooperation and deepen strategic partnership, Visiting Chinese Foreign Minister Wang Yi said here Wednesday.

  • Nigeria: China Plans Fresh $40 Billion Investments in Nigeria

    [This Day] Abuja -The Chinese Foreign Affairs Minister, Wang Yi, has disclosed plans by the Chinese government to invest up to $40b in Nigeria as part of efforts aimed at deepening relations between the two countries.

  • Nigeria: China Plans $40 Billion Investment in Nigeria

    [Guardian] China is investing additional $40 billion in Nigerian economy, its Foreign Affairs Minister, Mr Wang Yi, said on Wednesday at a bilateral meeting with his Nigerian counterpart, Mr Geoffrey Onyeama, in Abuja.

  • Abuja airport closure’ll affect economy – Experts

    Okechukwu Nnodim, Abuja The planned closure of the Nnamdi Azikiwe International Airport, Abuja by the Federal Government for six weeks from March 8 will cripple the Nigerian economy beyond that period. On January 5 this year, the Minister of State for Aviation, Senator Hadi Sirika, announced the decision of the ...

  • 22-year-old undergraduate disappears on birthday

    Afeez Hanafi The whereabouts of a 22-year-old final year student of University of Port Harcourt, Henry Ochioka, has been shrouded in mystery for the six weeks that he left home on his birthday. PUNCH Metro learnt that the 400-level student of Banking and Finance left his residence in Ogbunabali, River ...

  • Nigeria’ll get out of recession this year – W’Bank

    Akinpelu Dada The World Bank has predicted that Nigeria will get out of recession and grow its Gross Domestic Product by one per cent this year after plunging into its worst recession in over two decades. The bank said in a statement on Wednesday, “Sub-Saharan African growth is expected to ...

  • FG plans review of trade policy

    Ifeanyi Onuba, Abuja The Federal Government will soon commence a comprehensive review of the country’s trade policy in order to avoid dumping of substandard products in Nigeria by some foreign trade partners. The review, which will be done this year, is the first to be carried out since 2002 when ...

  • $40b more Chinese investment coming

    China is to invest $40 billion more in Nigeria.  Chinese Foreign Affairs Minister Wang Yi broke the news yesterday during a bilateral meeting with his Nigerian counterpart, Mr Geoffrey Onyeama, in Abuja. He said China had already invested up to $45 billion in Nigeria.  “Nigeria and China are strategic partners; ...

  • Commander Task FRSC Officers On Professionalism, Dedication To Duty

    The Zonal Commander of the Federal Road Safety Corps (FRSC), Zone 1, Mr Bulus Darwang on Wednesday charged senior officers and marshals of the corps to adhere to the ethics of the profession while on duty. Darwang gave the charge in Kaduna, shortly after decorating some of the newly promoted ...

  • NTDC, ITP Partner To Promote Nigerian Tourism

    The Nigerian Tourism Development Corporation (NTDC) and the Institute for Tourism Professionals (ITP) are forming a strong synergy to ensure development and promotion of the Nigerian tourism industry. The Acting Director-General of the corporation, Mrs. Mariel Rae-Omoh, while receiving the National President of ITP, Chief Abiodun Odusanwo, in her office ...

  • PIB will be passed this year, says Kachikwu

    Okechukwu Nnodim, Abuja The prolonged delay in the passage of the Petroleum Industry Bill will end soon as it will become a law this year, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said. He stated that his ministry would work to increase the revenue of the ...

  • External reserves continue increase, hit N26.5bn

    Oyetunji Abioye The country’s external reserves rose to $26.55bn on January 9, from $26.2bn on January 6, the latest data from the Central Bank of Nigeria showed on Tuesday. The foreign exchange reserves had hit $26bn on January 3, 2017, up from $25.8bn on December 30, 2017, the CBN statistics ...

  • Workers’ protest: IG, bring killer-cop to justice

    DEMOCRATIC rule has yet to curb the appetite of the police to kill indiscriminately. A workers’ protest in Lagos, which turned fatal after the police intervened, is symptomatic of the cruel methods employed by our law enforcement agents. The police had opened fire on the workers of a manufacturing company, ...

  • Kia joins Elizade, Cosharis in used car business

    Until recently, the used vehicle business in Nigeria used to be a debasing one; the market was mainly for the organised dealers who were considered not financially strong enough to venture into new vehicle business. But things are fast changing as notable car dealers, including Cosharis Motors and Elizade Nigeria ...

  • PFN backs suspension of FRC code, Fayose, others kick

    The National President of the Pentecostal Fellowship of Nigeria, Dr. Felix Omobude, says the decision of the Ministry of Industry, Trade and Investment to suspend the Corporate Governance Code issued by the Financial Reporting Council of Nigeria is a good one. But the Ekiti State Governor, Ayodele Fayose, has said ...

  • Corruption, wealth creation and the Nigerian elite

    Japheth Omojuwa  Nigeria is a tough place to start a business, and even a much tougher place to run one. When you check the World Bank’s annual Ease of Doing Business Report, you’d actually see that doing business in Nigeria that was a tough ordeal has only got tougher over ...

  • Will emergence of another trade union improve industrial relations?

    Mr. Dimipre Torukeregha (Secretary, Nigeria Labour Congress, Bayelsa State) The emergence of another trade union will definitely not improve labour relations in the country; it would rather create confusion. It is very obvious that when there is unity, the labour force becomes stronger, but when there is division, it will ...