• FirstBank To Boost Remittance Through 750 Branches

    First Bank Nigeria Limited has restated its commitment towards growing remittance inflow through its 750 branches spread across the country. The bank, in a statement, said it is in partnership with several International Money Transfer Organisations (IMTOs) to ensure that customers in Nigeria are able to receive funds from abroad ...

  • Remove Fuel Subsidy, Rejig Economy Before 2023, Group Tells Buhari

    A religious group, Nigeria Christian Forum (NCF), a coalition of Protestants and Catholic faithful, has thrown its weight behind fuel subsidy removal, saying it’s one step the federal government must be courageous to take in order to salvage the nation from total collapse. The NCF said there were indicators which ...

  • TUC Decries $9.5bn Spent By FG On Moribund Refineries

    The president, Trade Union Congress, Mr Quadri Olaleye has said that the federal government in the last 10 years wasted about $9.5billion for turnaround maintenance of the moribund refineries. Quadri disclosed this in Abuja, yesterday, at the inauguration of Board of Trustees (BoT) and the new National Executive Committee (NEC) ...

  • Electoral Bill: NASS Must Act Now

    It is not just amazing but insightful that Nigeria is still trying to grapple with amendments to the Electoral law, a journey that commenced since 2015. It reflects the level of priority the key stakeholders, besides the Independent National Electoral Commission (INEC), place on ensuring that the electoral system is ...

  • Nigeria Is Becoming Self-sufficient In Food Production – Buhari

    For President Muhammadu Buhari, the commissioning of rice pyramids in Abuja yesterday is an indication that Nigeria is making steady and assured progress towards self-sufficiency in food production. The federal government is pursuing an agenda of Nigerians consuming what is produced locally to discourage importation, reduce pressure on the naira ...

  • CNC: Brasil encerrou 2021 com recorde de endividados

    O nível de endividamento médio das famílias brasileiras em 2021 foi o maior em 11 anos, segundo a Pesquisa de Endividamento e Inadimplência do Consumidor (Peic), divulgada hoje (18) pela Confederação Nacional do Comércio de Bens, Serviços e Turismo (CNC). De acordo com o levantamento, o último ano apresentou recorde do ...

  • Alcalde José Luis Fábrega justifica salario y gastos de movilización por 12 mil dólares

    El alcalde de la capital José Luis Fábrega justificó este martes el gasto de movilización que devenga en el cargo y aseguró que está contemplado en la ley.

  • Oil Sector Unhealthy For Nigeria’s Economy – Afrinvest MD

    The managing director of Afrinvest, Mr Ike Chioke, has said that the oil sector still remains a challenge to the Nigerian economy, despite the positive posture of the economy last year amid coronavirus disease infections. Chioke, who spoke on an AIT show, ‘MoneyLineWithNancy’ recently, said: “The oil sector is an ...

  • Nigeria To Launch Second Satellite Into Orbit

    Nigeria has mapped out strategies to launch a second satellite (Sat 2) into the orbit to enhance the communications status of the nation. Minister of Communications and Digital Economy, Prof. Isa Ali Pantami disclosed this during a one- day facility visit and interaction with the staff of the Nigerian Communications ...

  • Great Nigeria Insurance Rewards 29 Staff

    Great Nigeria Insurance Plc has rewarded 29 members of its staff for their dedication and commitment to work. After thorough appraisal of its staff, 16 employees were elevated from their current to higher positions while 13 members of staff received their employment confirmation owing to a satisfactory performance during their ...

  • AFCON: Fans Hail MTN, Recount Memorable Experience

    Nigerian fans across the country have praised MTN Nigeria for its efforts towards providing an incredible Africa Cup of Nations experience. MTN Nigeria, the official communications partner of the NFF went into partnerships with 140 viewing centers across the country in a bid to excite fans about Africa’s biggest football ...

  • Federal Govt Will Ensure Digital Skills For All Nigerians – Pantami, Danbatta

    The federal government said to thrive in the connected economy and society, it is determined to ensure that digital skills are provided to all Nigerians especially the youth in schools through the Digital Nigeria Centre (DNC). The minister of communication and digital economy, Prof Isa Ali Ibrahim Pantami said the ...

  • EFCC Partners Refugees Commission On Capacity-building

    Economic and Financial Crimes Commission (EFCC) has promised to partner with the National Commission for Refugees, Migrants and Internally Displaced Persons to build its employees’ capacity. The chairman of EFCC, AbdulRasheed Bawa stated this in Abuja when the federal commissioner of the commission, Imaan Suleiman Ibrahim, visited him. Bawa said ...

  • Osinbajo Inaugurates Committee To Tap Nigeria’s Oceanic Resources

    Bringing together top officials from Federal and State governments, international agencies alongside other stakeholders, the Buhari Administration is set to further explore the economic opportunities available through oceanic and marine resources around the country. This is as Vice President Yemi Osinbajo, SAN, inaugurated an Expanded Partnership Committee on Sustainable Blue ...

  • Petro Union Loses Application To Enforce $15bn Judgement

    An application by Petro Union Oil and Gas Company to enforce a £2.550 billion judgement jointly delivered against the Central Bank of Nigeria (CBN), Union Bank, the Federal Ministry of Finance, and the attorney general of the federation and minister of justice has been dismissed by a federal high court. ...

  • PIA Provides Enormous Business Opportunities For NNPC– Kyari

    The chief executive officer of the Nigerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari, has said Nigeria’s Petroleum Industry Act (PIA) will provide business opportunities that will enable NNPC earn more revenue for the country. Kyari disclosed this while addressing staff of the organisation in a townhall meeting held ...

  • ‘Govt Must Create Better Credit Systems That Track Wealth, Debt Levels’

    What is your view on government efforts to enhance growth in the property and real estate business in Nigeria?   One of the ways government affirms its hold on real estate industry is through policies they put in place to guide the industry. One major thing government needs to do ...

  • Marketers Insist LPG Export Driving Domestic Products Pricing

    By CHIKA IZUORA, Lagos The dust raised by the hike in the prices of domestic Liquefied Petroleum Gas, LPG, also known as cooking gas, is yet to settle as the announcement by the Nigeria Liquefied Natural Gas (NLNG) Limited to dedicate 100 per cent of its Liquefied Petroleum Gas production ...

  • Ernest Adegunle Oladeinde Shonekan, 1936 – 2022

    On January 11 this year, Nigeria lost one of its elder statesmen, business leaders and former head of the Interim National Government (ING), Chief Ernest Shonekan. He was 85-years-old. From leadership in the corporate world in Nigeria where he had risen to the very top as the chairman and chief ...

  • KSDPC: Malali Market Almost Completed

    The Managing Director of Kaduna State Development and Property Company (KSDPC), Hajiya Hadiza Yahaya Hamza has disclosed that Phase I of the Malali Neighbourhood Market project is almost completed and sales of shops are ongoing . Hajiya Hadiza who said that the market is a Public Private Partnership between KSDPC ...

  • Govt Warns Drivers Against Violating Traffic Rules

    Kaduna State Government has assured that it will construct a trailer park around Olam Feed and Hatchery Mill on the outskirts of Kaduna town so as to discourage heavy duty vehicles from parking on the shoulders of the Kaduna-Abuja express way. Speaking at a stakeholders’ meeting organized by Kaduna State ...