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Leke Baiyewu, Abuja The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has said that with the current efforts by the Federal Government to revive the country’s economy, the country should be out of recession by the third quarter of this year. Emefiele also said the CBN would ...

Afeez Hanafi Operatives of the National Drug Law Enforcement Agency at the Murtala Muhammed International Airport, Lagos State, have apprehended two Brazilians for unlawful importation of cocaine. The suspects, who claimed to be tourists, had allegedly smuggled the drug weighing 23.9 kilogrammes in sealed cans into the country. PUNCH Metro ...

IT was the turn of the suspended Secretary to the Government of the Federation (SGF), Babachir David Lawal, to face the three-man panel headed by Vice President Yemi Osinbajo yesterday. He was quizzed for about two hours by the committee was set up to investigate allegations of violations of law ...

• Foreign reserve now $31b Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, yesterday said  the country will be completely out of recession in second or first half of the third quarter (Q3). Emefiele spoke after emerging from a closed session with Senate President, Abubakar Bukola Saraki, in Abuja. The ...

The Federal Government is set to establish Satellite Industrial Centres (SICs) across the six geo-political zones of the country. The establishment of these industrial centre, which will be anchored by the Nigeria Export Processing Zones Authority (NEPZA),  is expected to commence immediately after the passage of the 2017 budget. Managing ...

Transnational Corporation of Nigeria (Transcorp) Plc has reported a growth of 24 per cent in its profit after tax for the first quarter ended March 31, 2017. The result raised investors’ hope of reaping from their investments soon as increased earnings and result oriented earnings diversification keep yielding positive results. ...

The federal government hinted yesterday that financial services within Nigeria’s digital economy will create over 3 million new jobs and add $88 billion asset to the nation’s economy over the next 10 years. This was disclosed at the meeting of ministers of developing countries under the auspices of Friends of ...

In its bid to enhance the business of Hausa films through cinemas across the Sub-Saharan countries, the Kano State Censorship Board (KSCB) has organised an interactive workshop for filmmakers and stakeholders in Kano recently, to enlighten stakeholders and practitioners on how to boost the commercial activities of the industry. Addressing ...

Women across several political parties and other stakeholders convened in Abuja to mark the 2017 International Women’s Day. As part of the activities lined up to commemorate this day, Nigerian Women’s Trust Fund in partnership with Women in Politics Forum (supported by DFID’s Voices for Change Project and the International ...

The Police Service Commission has approved the promotion of the former Commissioner of Police, Imo State Command, CP. Taiwo Fredrick Lakanu to the next rank of Assistant Inspector General of Police. The Commission also approved the promotion of 24 other senior officers to their next ranks. AIG Lakanu, who was ...