• NDIC Boss Charges Nigerians To Support Elders

    The managing director and chief executive of the Nigeria Deposit Insurance Corporation (NDIC), Mr Bello Hassan, has stressed the need to consistently assist and uplift the elderly in recognition of their contribution and years of service to the nation. Hassan, who joined the Alake of Egbaland, Oba Adedotun Aremu Gbadebo ...

  • Duties: Customs Threatens To Impound 29 Jets After 14-day Ultimatum

    The Nigeria Custom Service has said it would impound 29 privately owned aircraft in the country if the owners and their representatives fail to take advantage of the 14-day ultimatum given them to rectify issues with regard to payment of customs duty. Customs had in the past invited owners of ...

  • Africa Shipper’s Council Decries High Freight Charges

    The union of African Shippers’ Councils (UASC) has decried what it described as unfair shipping surcharges and high local shipping charges on the economies of West and Central Africa. Speaking at a UASC meeting / mini-sensitisation workshop on African Continental Free Trade Agreement (AfCFTA) in Abuja, the minister of transportation, ...

  • Emefiele Bags Juris Law Award, Says BOFIA Will Change Banking Operations

    Governor of the Central Bank of Nigeria, Godwin Emefiele, has been awarded the Juris Law award by the Juris Law Office in collaboration with the National Judicial Institute. The award was given to Mr Emefiele yesterday in Abuja for his support towards the development of law for economic growth in ...

  • NACCIMA Women Group Gets N25m Advocacy Support From NEPC

    In recognition of the impact of the advocacy activities of the National Association of Chambers Of Commerce Industry Mines and Agriculture (NACCIMA) Business Women Group (NAWORG) in promoting gender equality and economic empowerment of women since 2004, the federal government through the Nigeria Export Promotion Council has awarded the group ...

  • FG To Create 500,000 Export-linked Jobs Annually

    The federal government has said it plans to add $150 billion to the nation’s foreign reserves cumulatively from non-oil exports over the next few years. Minister of state, budget and national planning, Prince Clem Agba, gave the assurance in Abuja yesterday during a press briefing on the forthcoming Nigerian industrialisation ...

  • ABCON Advocates Measures To Curb Naira Depreciation

    Association of Bureaux De Change Operators of Nigeria (ABCON) has advocated measures to curb the continued depreciation of the naira. The measures were contained in the ABCON Quarterly Economic Review for the 3rd quarter of the year (Q3’21). ABCON noted that recent developments in the foreign exchange market have   proved ...

  • 30% Of Nigeria’s Forex Spent On Fuel imports – SGF

    Secretary to the government of the federation (SGF) Boss Mustapha has said up to 30 percent of Nigeria’s foreign exchange is spent on petroleum imports. He stated this yesterday in his closing remarks at the Mid-Term Ministerial Performance Review Retreat Abuja, at the Presidential Villa. He said, “Both the fiscal ...

  • Nigeria: Turning Kogi Into an Investment Destination

    [This Day] It would be safe to say that in line with his New Direction Blueprint for Kogi State, Governor Yahaya Bello is bent on charting the roadmap for proportional and accelerated development of the state. This blueprint was mapped out upon assumption of office to chart the business of ...

  • HEALTH TREND: Nigeria To Attain Self-reliance In Medical Lab Testing – Expert

    The trend of sending medical laboratory test samples abroad for diagnosis is gradually being tackled by LAB360, an indigenous laboratory. Managing partner of the laboratory, Mr. Joseph Erhirhi, noted that LAB360 has dedicated a great part of it’s services to providing specialised testing which is usually sent overseas by many ...

  • Strike: NLC Shuts Down Public Offices In Cross River

    The Organised Labour in Cross River State, on Tuesday, shut down public offices including schools and hospitals to press home its demands. The labour movement comprises the Nigeria Labour Congress (NLC), Trade Union Congress (TUC) and the Joint Public Service Negotiating Council (JNC). They said the action followed failure of ...

  • Okunbo: Benin Monarch Cancels Birthday, Coronation Anniversary

    By Patrick Ochoga, Benin City The Oba of Benin, HRM Ewuare II, has cancelled all activities lined up to mark his 5th coronation and birthday anniversary, in honour of late Edo-born business mogul, Captain Hosa Wells Okunbo. A statement by the Benin Tradional Council and signed by its secretary, Frank ...

  • Arewa Youths Express Concern Over Call For Naira Devaluation

    The Arewa Youth Assembly (AYA) has said it was deeply worried about the call by Vice President Yemi Osinbajo on the Central Bank of Nigeria (CBN) to devalue the nation’s currency, Naira. As youths, who have many members knowledgeable in the economy, they expressed the view that the call was ...

  • LUTH Unveils Dialysis, Renal Centre

    Lions Clubs International District 404-A1, Nigeria in partnership with the management of Lagos University Teaching Hospital, (LUTH) has commissioned a 32-bed Dialysis Centre and Renal Institute. The chief medical director, Prof. Chris Bode, while commenting on the development described the newly commissioned Lion Isaac Olusola Dada Dialysis Centre and Renal ...

  • Academy, Foundation To Train 300,000 Youths In Film-making, TV Production

    Three hundred thousand young Nigerians are to be trained in film, television, and motion picture production over the next three years in a landmark partnership between Lagos-based KAP Film and Television Academy, and the Mastercard Foundation. KAP Film and Television Academy is founded by award-winning Nigerian actor, director, and filmmaker, ...

  • APC Congress: Kano Contestants To Undergo Drug Test

    Ahead of the All Progressives Congress (APC) state congress scheduled for October 16, all contestants into party executive offices are to go for mandatory drug test. The commissioner for information, Malam Muhammad Garba, said yesterday that all contestants are to visit the state office of the National Drug Law Enforcement ...

  • Cross River Workers Begin Strike Today

    Cross River State chapter of the Nigeria Labour Congress (NLC) in conjunction with the Trade Unions Congress (TUC) and the State Joint Public Negotiations Council, have concluded plans to  begin strike action in the state from today. The strike followed the inability of the state government to implement the 14-point ...

  • Cargo Scanners Increase Customs Revenue At Onne Port – Mohammed

    BY YUSUF BABALOLA, Lagos The Onne Command of the Nigeria Customs Service (NCS) yesterday said the deployment of cargo scanners at the port has increased duty collected on cargoes imported to the port. Speaking to newsmen, the customs area controller of the command, Compt. Auwal Mohammed, also disclosed that the ...

  • FCMB Wins Five Awards for Championing SMEs Growth

    First City Monument Bank (FCMB) has won a platinum award and best participating financial institution with most impact on total end-borrowers financed 2020 at the service ambassadors’ programme organised by the Development Bank of Nigeria (DBN) in Lagos recently. In addition, three employees of the bank won service ambassador awards ...

  • Nigerian Economy Vulnerable At 75% Debt Servicing – Adesina

    President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has stated that Nigeria must decisively tackle its debt challenges. He spoke yesterday at the Mid-Term Ministerial Performance Review Retreat, at the Presidential Villa, Abuja. As of June 30, 2021, the country’s external obligations stood at $33.468 billion, according to ...

  • Climate Change Law Will Provide Alternative Revenue For Govt – Onuigbo

    Chairman of Climate Parliament Nigeria and President of Global Legislators Organisation for a Balanced Environment Nigeria, Hon. Samuel Onuigbo, has commended President Muhammadu Buhari, for listing Green Finance, among other sources of revenue required to implement the 2022 budget when passed by the National Assembly. To make the Green Economy ...