Category: Economy
Wema Bank appoints Ajimisinmi as Executive Director
The Board of Directors, Wema Bank Plc on Wednesday announced the appointment of Mr Oluwole Ajimisinmi as an Executive Director of the bank. Mr Johnson ... Read More
AKK Gas Pipeline Project will facilitate establishment of 2 new power plants – Minister
Gov. Nasiru El-Rufia (middle) flagging off the construction of the Ajaokuta-Kaduna-Kano Gas Pipeline Project at Ragachikun in Kaduna on Tuesday.(NAN) AKK Gas Pipeline Project ... Read More
SON raises red alert on substandard Toyota engine oil
The Standards Organisation of Nigeria (SON) has raised a red alert on the discovery of suspected substandard Toyota brand of engine oil in the Nigerian ... Read More
Global COVID-19 Cases Surpass 10 Million
The number of coronavirus cases confirmed worldwide rose to 10 million on Sunday, according to a tally collated by Johns Hopkins University. The United States, ... Read More
FG Sets Regulations, Performance Simulation Flight Ahead of Reopening of Airports
Ahead of the reopening of the aviation sector in Nigeria, Minister of Aviation, Sen Hadi Sirika and other members of the Presidential Task Force (PTF) ... Read More
Anambra Records 125 Fire Outbreaks in 5 Months – Fire Chief
The Anambra Fire Service said it recorded no fewer than 125 fire outbreaks across the state between January and May this year. The Director, Anambra ... Read More
FG Congratulates Media Mogul, Mo Abudu Over Netflix Deal
The Federal Government has congratulated media entrepreneur and filmmaker Mo Abudu over her partnership with leading global streaming service Netflix to create two original series ... Read More
Buhari Receives Economic Sustainability Plan
President Muhammadu Buhari has received the report of the Economic Sustainability Committee (ESC) with a pledge that the Federal Government will continue to implement measures ... Read More
Over 100m Nigerians Have No Identity – NIMC
The National Identity Management Commission (NIMC) says over 100 million Nigerians have no identity. The Director-General of the NIMC, Mr Aliyu Aziz, made the disclosure ... Read More
CIS Urges Nigerians to Support FG’s Growth Plan Through Sukuk
The Chartered Institute of Stockbrokers (CIS) has urged Nigerians to support the Federal Government’s growth initiatives by subscribing to its N150 billion Sukuk. The N150 ... Read More
Rice Production Hits 35m Bags per Annum -FG
The Minister of Information and Culture, Alhaji Lai Mohammed says, with over 34 integrated rice mills and clusters, Nigeria currently produces 150,000 bags of rice ... Read More
Buhari Has Put Nigeria on Irreversible Road to Sustainable Development – Lai Mohammed
Alhaji Lai Mohammed, the Minister of Information and Culture, says President Muhammadu Buhari has put Nigeria on an irreversible road to sustainable development in the ... Read More
FG, Zamfara govt. to engage 70,000 youths in mining
No fewer than 70,000 youths are expected to be gainfully employed by both the Federal Government and the Zamfara Government in mining activities in the ... Read More
US Dollars Weakened Against South African Rand
South Africa’s rand raced to its highest in more than eight weeks against the U.S. dollar on Tuesday, as optimism about a global recovery from ... Read More
Reps move to scrutinize China/Nigeria loans
The House of Representatives has resolved to set up an investigation committee to look into all extant China/Nigeria loan agreements since 2000 with a view ... Read More
Negotiators Vow to Implement Phase one in U.S.-China Trade Deal
Top U.S. and Chinese trade negotiators on Friday committed to implementing “phase one” of their countries’ trade deal during their first call since the start ... Read More
Nigeria and Ngerians will come out of COVID-19 pandemic stronger – Osinbajo
“We will get through this much stronger economically and much stronger as a people because of our resilience. There are a lot of challenges but ... Read More
Workers are the Nation’s Heartbeat – Timipre Sylva
Minister of State for Petroleum Resources and former Executive Governor of Bayelsa State, Chief Timipre Marlin Sylva, has described workers as the heartbeat of the ... Read More
IMF Approves US$3.4bn Emergency Support for Nigeria to Address COVID-19 Pandemic
The Executive Board of International Monetary Fund (IMF) has approved US$3.4 billion in emergency financial assistance to support Nigeria in addressing economic impact of COVID-19 ... Read More
Kwara Government Clears The Air on Aviation College’s Leave-Without-Pay Directive to Workers
The Kwara Government on Tuesday, said it had reversed the state’s Aviation College’s leave-without-pay directive to workers. Hajiya Sa’adatu Modibbo-Kawu, Commissioner for Tertiary Education, Science ... Read More