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Eniola Akinkuotu, Abuja Acting President Yemi Osinbajo has endorsed the probe of the suspended Executive Secretary of the National Health Insurance, Prof. Usman Yusuf, who has been accused of fraud to the tune of N960m. The message was conveyed in a letter signed by Osinbajo’s Deputy Chief of Staff, Ade ...

Ifeanyi Onuba, Abuja The Ministry of Finance on Thursday said that the Federal Government would continue to borrow from foreign and domestic financial institutions to fund its programmes. The ministry stated this in a statement issued on Thursday by the Director of Information, Mr. Salisu Dambatta. The statement contradicts the ...

 Anna Okon Nigeria is currently the biggest supplier of Sesame Seed to Japan. The Deputy Trade Commissioner of Japan External Trade Organisation, Chiharu Yamamura, said this while making a presentation at a seminar and selection exercise for participation of Nigerian food and beverage exporters in the 43rd edition of the ...

The term “dead cat bounce” derives from the fact that even a dead cat will bounce if it falls from a great height. If you imagine a dead cat soaked in crude oil and dropped from a 50-storey building, you get a rough picture of how Nigeria’s economy is performing ...

Sesan Olufowobi The Lagos State Government on Thursday said it would dethrone any traditional ruler that engaged in land-grabbing activities. The Coordinator, Lagos State Taskforce on Land Grabbing, Jide Bakare, stated this in Ikeja at a sensitisation programme on the Lagos State Property Protection Law, 2016, organised by the Office ...

Adelani Adepegba, Abuja  John Ameh, Abuja Barely 24 hours after the Federal Government announced a proposal of N2.7tn to offset accumulated local debts and other services, the House of Representatives on Thursday demanded the details of the plan. Lawmakers passed a resolution asking the Minister of Finance, Mrs. Kemi Adeosun, ...

John Ameh, Abuja The House of Representatives, on Thursday, summoned the Minister of Foreign Affairs, Mr. Godfrey Onyeama, over the alleged killing of 97 Nigerians by Cameroonian Gendarmes. The soldiers were said to have murdered the Nigerians, who resided in the part of the Bakassi Peninsula ceded to Cameroon by ...

To Prof John A. Ayoade of the BOWEN University in Iwo, Osun State, political power can be reconfigured, though not without resistance, but it is not as easy to reconfigure the economy. The professor Emeritus, in this article, entitled:  “The challenge of peace and security in times of economic recession: ...

Minister of Information and Culture Lai Mohammed and Chairman of Bi-Courtney Aviation Services Ltd (BASL) Dr. Wale Babalakin said yesterday that the Federal Government must honour existing concession agreements with players in the aviation industry to attract investors. Failure to honour such agreements, they said, will act as a disincentive ...

There is no hiding place for tax defaulters. The Federal Government has engaged the services of asset tracing-companies to investigate the tax payment status of 150 firms/individuals. Minister of Finance Mrs. Kemi Adeosun said yesterday in Lagos that investigators would rely on information derived from Bank Verification Number (BVN),  records ...