• Economic growth depends on patronage of Nigeria-made products — Buhari

    Stanley Opara President Muhammadu Buhari has said his greatest desire is to guide Nigeria to become an export-led economy. According to him, there is no way to achieve this without building the right economic foundation of patronising made-in-Nigeria goods and services. The President, who made the remarks at the 22nd ...

  • Buhari targets locally-made goods to overcome recession

    Olalekan Adetayo, Abuja President Muhammadu Buhari on Monday said his greatest desire for the nation’s economy, currently in recession, was to move from import-dependence to self-sufficiency. Buhari spoke at the 22nd Nigerian Economic Summit with the theme, ‘Made in Nigeria’, which was held in Abuja. “My greatest desire is that ...

  • Adeosun urges multinationals to pay tax

    Nigeria has urged G-24 member countries to compel multinational corporations to pay their fair share of taxes in places where they operate. The Minister of Finance, Mrs. Kemi Adeosun spoke with reporters in Washington D.C on the outcome of the closed door meeting of the G-24 Finance Ministers and Central ...

  • Dangote Cement Factory in Ethiopia Razed

    Ethiopia has accused elements in Eritrea and other countries of fanning the crisis in the country that culminated in the burning of factories owned by Nigeria’s Aliko Dangote and other foreign investors. In a statement on Monday, Ethiopia accused elements in Eritrea, Egypt and other states  of arming, training and ...

  • «Le transport maritime et les activités logistiques demeurent rentables»

    Kamel Khelifa est titulaire d’un 3e cycle dans les échanges internationaux, les transports et la logistique. Expert-consultant auprès des institutions internationales de l’Onu et de l’UE, M. Khelifa, qui est également membre de l’Institut méditerranéen des transports maritimes (IMTM Marseille), collaborateur auprès de l’IEMED Barcelone et partenaire de l’Association marocaine ...

  • 2017 budget: How feasible is $42.5pb oil benchmark?

    Prof. Adeola Adenikinju, Director, Centre for Petroleum, Energy Economics and Law, University of Ibadan No model can readily project what the price of crude oil will be. Over the years, the price of oil has hovered between $43 and $45pb on the average. In my view, $42.5 is suitable given ...

  • World Bank, others to release $1.3bn for Nigeria’s development bank

    Akinpelu Dada, Washington DC The Federal Government has reached an agreement with the World Bank Group and other development partners for the release of $1.3bn for the take-off of the Development Bank of Nigeria. The Minister of Finance, Mrs. Kemi Adeosun, said this on Sunday in Washington DC, United States ...

  • Multilateral agencies to back Nigeria’s infrastructure investment —Adeosun

    Akinpelu Dada, Washington DC The Minister of Finance, Mrs. Kemi Adeosun, has said that multilateral funding agencies have made a commitment to support Nigeria’s investment in infrastructure by using creative financial instruments that will attract more money to close the infrastructure gap in the country. Adeosun, who spoke to journalists ...

  • Why Many Nigerian Men Can’t Go More Than One Round During Sex – Expert Reveals

    There is a BIG problem that is facing many Nigerian men who are in a serious or committed relationship today. And that problem is their inability to go more than one round of sex in bed with their partner or spouse. To give you an idea of what I mean, ...

  • NCC warns against use of pre-registered SIM

    Nigerian Communications Commission (NCC) has warned telecom subscribers in the country to desist from buying or using preregistered SIM. Executive Vice Chairman of the Commission, Proffesor Umar Dambatta, who gave the warning over the weekend at the ongoing Abuja International Trade Fair, said that the reasons behind the directive is that the issue of pre -registered SIM is of major concern to the commission. “The attention ...

  • FAAN, firm partner to end power outages at airports

    Federal Airports Authority of Nigeria, FAAN, has formed a partnership with generator manufacturer, Mantrac Caterpillar, to finally put an end to the incessant power outages at airports across the country, especially the Murtala Muhammed Airport, MMA, Lagos. Managing Director, FAAN, Saleh Dunoma, had inspected the entire airport, including the Power House of FAAN, where the existing generating sets are housed with the Vice President, Asia Pacific, Africa and Middle East ...

  • FG finalises plan to set up DBN with $1.3bn

    The Federal Government has reached agreement with the World Bank Group and other development partners for the release of $1.3bn for the take-off of Development Bank of Nigeria, DBN. Minister of Finance, Mrs. Kemi Adeosun, with the Governor of Central Bank of Nigeria, CBN, made the fact known at a ...

  • Insurance Sector Loses N60bn To Motor Policy Annually – Investigation

    Nigeria’s insurance industry is losing a whopping N60 billion on a yearly basis as only 25 per cent of vehicles on Nigerian roads have genuine 3rd party motor insurance policy, LEADERSHIP exclusively learnt. This is aside hundreds of billions of Naira the industry is equally losing on comprehensive motor insurance, ...

  • Igbonla Kidnap: We’ll soon rescue victims – Ambode

    …Says Govt’ll Review Law To Tackle Kidnapping Lagos State Governor, Mr. Akinwunmi Ambode on Sunday assured that the State Government in collaboration with security agencies would soon rescue victims kidnapped from Lagos Senior and Junior Model College, Igbonla-Epe, vowing that the government would also commence a review of its laws ...

  • Nigeria, our second largest market in Africa, says Paypal

    Global electronic payment platform, PayPal, has revealed that Nigeria has become its second biggest market in Africa, less than one year after formally launching its services in the West African country. PayPal’s Head of Business Development, sub-Saharan Africa, Mr. Malvina Goldfeld, recently made the revelation to tech news site IT ...

  • Cashew Export: NCAN To Launch 8% Cashew Moisture Protocol

    The National Cashew Association of Nigeria (NCAN) on Sunday said it was finalising plans to launch the eight per cent Cashew Moisture Protocol to minimise sprouting of exported raw cashew nuts. The association’s spokesperson, Mr Sotonye Anga, told the News Agency of Nigeria (NAN) in Lagos that handling of cashew ...

  • Sustaining Relevance Of The Post

    In line with the succinct postulation of Voltaire,  the great French philosopher and writer, the Post without let or hindrance has remained on top of its bridge building endeavours of both human and business relationships across the globe. In Nigeria, as it is in other countries of the world, the ...

  • SANs condemn DSS crackdown on judges

    We are not in 1984 The Federal Government should know that this is not 1984. By 1984, I refer to that year and the dystopian novel written by George Orwell on dictatorship. Nigeria is a country ruled by law and even for the worst of crimes, we must follow the ...

  • Regulatory environment slowing down MSMEs’ growth

    IFE OGUNFUWA examines factors responsible for slow growth of Micro, Small and Medium Enterprises Several surveys on entrepreneurial activities in Nigeria indicate that most Micro, Small and Medium Enterprises struggle to survive and cannot compete with their counterparts in other countries due to high cost of doing business. The 2016 ...

  • EFCC partners MTN to fight crimes

    The South- south Zonal Head of the Economic and Financial Crimes Commission (EFCC), Mr. Ishaq Salihu, has said the commission will partner with MTN in the fight against economic and financial crimes in the country. A statement issued by the EFCC Head of Media and Publicity, Mr. Wilson Uwujaren, said ...

  • MAPOLY suspends, demotes Director, five other lecturers

    … over allegations of examination malpractices, gross misconduct Management of the Moshood Abiola Polytechnic (MAPOLY), Abeokuta has suspended from office, the Director of the School of Business and Management Studies, Mr. Mukaila Ademuyiwa ,over allegations of examination malpractices. Ademuyiwa was not only suspended, he was also demoted from his status along with five other lecturers of the institution over same ...