• Nigeria

    Senate shifts PIB passage to Q1 2018

    Okechukwu Nnodim, Abuja The Senate has again shifted the time for the passage of the Petroleum Industry Bill from this year to the first quarter of 2018 on the premise that the National Assembly has a lot of work to do in order to ensure the early passage of next ...

  • Nigeria

    2018 budget: PENGASSAN cautions against oil, gas assets’ sale

    Akinpelu Dada The Petroleum and Natural Gas Senior Staff Association of Nigeria has cautioned the Federal Government against selling profitable oil and gas assets as scrap to fund the 2018 budget. The trade union expressed its support to other models of funding the budget aside from selling the oil and ...

  • Nigeria

    Radio presenter loses car to Lagos DPO’s in-law

    Samson Folarin A 31-year-old radio presenter, Muyide Samuel, has lamented the loss of his Toyota Camry 2003 model to a car dealer, Odofin Olatunji, who claimed to be an in-law to a Lagos Divisional Police Officer. The Ibadan, Oyo State-based presenter said the car, which he bought from Olatunji, developed ...

  • Nigeria

    Senate indicts CBN over MTN’s $13.9bn repatriation

    Leke Baiyewu, Abuja The Senate has blamed the Central Bank of Nigeria in its investigation of the alleged illegal repatriation of $13.9bn by telecommunication giant, MTN. Adopting the report by the Committee on Banking, Insurance and Other Financial Institutions on the probe at the plenary on Wednesday, the Senate accused ...

  • Nigeria

    FG faults Moody’s sovereign rating of Nigeria

    Everest Amaefule, Abuja The Federal Government on Wednesday faulted the downgrading of Nigeria from B1 stable to B2 stable by Moody’s Sovereign Rating. In a statement issued in Abuja by the Debt Management Office on behalf of the Ministry of Finance and the Central Bank of Nigeria, the government said ...

  • Nigeria

    Senate summons Fashola over alleged $35m spendings

    Leke Baiyewu, Abuja The Senate on Wednesday began an investigation into the alleged plan by the Ministry of Power, Works and Housing to secure the release of $350m domiciled in the Nigerian Sovereign Investment Authority to finance electricity projects. The lawmakers specifically criticised the ministry for allegedly spending $35m out ...

  • Nigeria

    SPONSORED: 3 REASONS YOU SHOULD ATTEND 2017 LITF

    The Lagos International Trade Fair (LITF) is a world-class trade conference/exhibition holding at Tafawa Balewa Square, Onikan Lagos from November 3 to November 12, 2017. Once every year, the LITF brings globally recognized brands, exhibitors, investors and consumers together to engage in business transactions at amazing prices. The 2017 edition ...

  • Russia Nigeria

    TGI Group urges Eagles

    The Group Executive Director of Tropical General Investments  Group, Mr. Onyekachi Onubogu, has urged  the Super Eagles to go for victory against Algeria in their Russia 2018  World Cup qualifier in Constantine on Friday. Onubogu believes the Eagles are capable of completing the qualifiers without suffering a defeat, saying  Nigeria ...

  • Nigeria

    Security: LSSTF seeks private outfits’ support

    Afeez Hanafi The Lagos State Security Trust Fund has asked private security companies and corporate organisations to partner the government in securing lives and property in the state. The Executive Secretary of the LSSTF, Dr Abdurrazaq Balogun, noted that there was no alternative to the present public private partnership for ...

  • Nigeria

    Intensify efforts on regional standards, FG tells ECOWAS Commission

    Ifeanyi Onuba, Abuja The Federal Government on Wednesday called on the ECOWAS Commission as well as Nigeria’s technical and developmental partners to continue to participate fully in the efforts to develop the Regional Accreditation System. The Minister of Industry, Trade and Investment, Okechukwu Enelamah, said this at the Constitutive Meetings ...