Meet Aghahowa Beth, She Is A Nurse And A Furniture Maker

A Nigerian lady identified as Aghahowa Beth on Facebook has many social media users in awe after proving that she is in fact, a superwoman. The young lady who is a nurse shared photos of herself doing furniture work and revealed that she is not only a caregiver but also a furniture maker, a proud […]

N30,000 as the new national minimum wage. The approval was agreed upon during the plenary session on Tuesday. The House also adopted the report of the ad hoc committee which was set up to look into the bill earlier presented by President Muhammadu Buhari. On Monday, a public hearing was held on the minimum wage […]

Thugs Disrupted TraderMoni In Ilorin.

Suspected Hoodlums yesterday invaded the Mandate Market in Ilorin, Kwara State, to disrupt the disbursement of money to beneficiaries of the TraderMoni. They scared away petty traders and agents of the scheme. As early as 9am, the suspected hoodlums stormed the Mandate Market, insisting that the TraderMoni scheme cannot be implemented in the market built […]

Nigeria Granted Fresh $200m Loan To Finance Electricity Projects

The Federal Government has been granted $200 million loan for the funding of the nation’s electrification project.“The Board of Directors of the African Development Bank Group has approved a $150 million sovereign loan to the Federal Government of Nigeria to finance the Nigeria Electrification Project (NEP),” AfDB said in a statement. “The Africa Growing Together […]

Emefiele(CBN): $21bn Saved From Food Importation

Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) has said $21 billion was saved from the cut in food importation between January 2015 and October 2018. The governor said this on Friday at the annual bankers’ dinner held in Lagos. According to Emefiele, Nigeria’s monthly food import bill fell from $665.4million to $160.4million […]

Atiku’s Policy Document Embodies Yearnings, Aspirations Of Nigerians

November 19, 2018 Press Statement The Peoples Democratic Party (PDP) says the resounding public endorsements that heralded the policy document articulated by its Presidential candidate, Atiku Abubakar, is a confirmation that the noble document embodies the collective mindset, yearnings and aspirations of Nigerians in their quest for a new leadership and a better life in […]

Anambra State IGR:Clampdown On Illegal IGR Collectors BEGINS

Clampdown on Illegal IGR Collectors begins… Lately, numerous complaints were received by the Anambra State Government from ndi Anambra and residents about multiple levy of buyers and sellers in markets, issuance of multiple tickets to drivers and even hawkers. These inglorious revenue collection by people who parade some “authority papers” purportedly emanating from the government […]

Fayemi Revoked Shop Allocations To Ekiti Traders

Kayode Fayemi, Governor of Ekiti State, has ordered the immediate cancellation of the allocation of more than 800 shops at the multi-billion naira new Oja Oba Market in Ado Ekiti. The governor also ordered that those who had paid be refunded, as long as they showed proof of payment. This was disclosed in a statement […]

Entrepreneurship key to unlocking Africa’s economic devt — Tony Elumelu

Five thousand African entrepreneurs, private and public sector leaders and the broader entrepreneurship ecosystem convened in Lagos on October 25, 2018 for the annual Tony Elumelu Foundation (TEF) Entrepreneurship Forum. The event, which is the largest gathering of African entrepreneurs in the world, is a unique opportunity for bringing together young business talent, creating dynamic […]

Atiku Needs Crash Course On Economy, Says Oduduwa Group

The Oduduwa Vanguard (ODV) has tackled the Peoples Democratic Party (PDP) presidential candidate, Atiku Abubakar, for attacking President Muhammadu Buhari over the Federal Government’s $500,000 donation to Guinea Bissau. Atiku had slammed the Federal Government’s $500,000 donation to Guinea Bissau as wasteful, saying it was one of the ways the Muhammadu Buhari administration brought a once thriving […]

Shell, Exonnmobil Could Return To Nigeria’s Downstream After A Few Years Out

Shell and ExonMobil could make a return to Nigeria’s petroleum downstream sector, Bello Rabiu, Chief Operating Officer, Nigerian National Petroleum Corporation (NNPC), told Reuters on the sidelines of an African oil and gas summit in Capetown South Africa Monday, that According to Rabiu, the two multinationals had exited a few years back but could be […]

World Bank:Nigeria Drops On Ease Of Doing Business Ranking

The World Bank has ranked Nigeria 146 out of 190 countries on ease of doing business. The report, which was released on Wednesday, showed that the country took a step backwards from her 145th position last year. New Zealand, Singapore, Denmark, Hong Kong and Korea ranked top five in the world. The ranking, which began […]

CEO Blast CBN, AGF Delaying MTN Listing On Stock Exchange.

Rob Shuter, MTN Group President and Chief Executive Officer (CEO), has said the organisation’s plans to be featured on Nigeria’s stock exchange listing has been “challenged by the recent Central Bank of Nigeria Attorney General of the Federal Republic of Nigeria matters”. His statement was contained in the organisation’s ‘Quarterly Update for the Period Ended […]

Capital Oil and Gas Ind. Ltd not Capital Oil PLC-Amb Adichie Izuchukwu

Press release Our attention has been drawn to news making the rounds with regards to Securites and Exchange Commission and its purported to take over Capital Oil PLC. While this news is true, we have however noticed with dismay that most media outlets have used either our logo, pictures of our depot or the picture […]

Economist:Atiku Rubs Buhari’s Nose In Endorsement

The Atiku Presidential Organisation has said “the latest endorsement of the presidential candidate of the Peoples Democratic Party (PDP) by The Economist Magazine” shows clarity of vision, compared to the “vague and empty promises” of the present All Progressives Congress (APC) administration of President Muhammadu Buhari. The organisation also noted that the “endorsement puts to […]

Smugglers are destroying Nigerian economy says NCS Comptroller

Comp. Kayode Olusemire,  the Controller of Federal Operations Unit (FOU) Zone ‘C’ of the Nigerian Customs Service (NCS), Owerri, says smuggling has negative effects on the nation’s economy. Customs CG, Hameed Ali Olusemire made this observation in Owerri on Friday while showing journalists some impounded items, which he said, had duty paid value of N65 […]

Port Harcourt refinery gets financier – NNPC

The Nigerian National petroleum Corporation (NNPC) says that  some of the financing companies it approached to revamp the country’s refineries have shown interest in Port Harcourt refinery. Mr Ndu Ughamadu, Group General Manager, Group Public Affairs Division, disclosed this in an interview with the Newsmen on Friday in Abuja. He said that a team of […]

Breaking News:FAAC: FG, Sates, LGAs Share N698.710B.

The Federal, states and local governments on Thursday shared a total of N698.710 billion from ederation revenue that acued in the month of September. President Buhari The gross statutory revenue for the month was N569.281 billion, which was lower than  the N627.139 billion shared in August by N57.858 billion. The Minister of Finance, Mrs Zainab […]

Glo Partners Firm On Empowerment Of Girl Child

This, according to a statement from Globacom, is consistent with the company’s commitment to promoting women empowerment and capacity building, especially in the area of ICT. It said, this is aimed at equipping the womenfolk with the awareness, skills and knowledge required for them to be active players in the fast evolving digital economy.   […]

IMF: Nigeria To Experience Slow Economic Growth In 2019

The three major economies of Africa: Nigeria, South Africa and Angola are projected to witness sluggish growth in 2019 and beyond, the International Monetary Fund (IMF) has said. While Nigeria will grow from 1.9 per cent in 2018 to 2.3 percent in 2019, South Africa and Angola were projected to move from 0.8 to 1.4 […]

Breaking News :Flights Grounded As Aviation Unions Shut Down Lagos Airport

Passengers are said to be currently stranded at the Murtala Muhammed International Airport 2, as aviation unions have shut down activities at the airport. The protest by the aviation unions followed an earlier threat over sack of workers by Bi-Courtney Aviation Services Limited. The shut down of MMIA 2 by the unions — Air Transport Services […]

Nigeria Customs creates 3 shipping terminals in South-East

The Nigeria Customs Services has created three shipping terminals and one bonded terminal in the South-East to boost economic activities in the zone, an official has said. The Assistant Comptroller of Customs in-charge of ICT, Mr Apeh Fateh, disclosed this in .Enugu on Tuesday at a sensitisation on the rollout and implementation of Nigeria Integrated […]

Power Supply Declines At 3,761MW, Sector Loses N381bn

Nigeria’s power sector has struggled to sustain an average daily supply of 3,761 megawatts (MW) within the first nine months of 2018, according to a performance trend data obtained from the office of the Vice President, Prof. Yemi Osinbajo. The power sector also lost N381 billion during the period under review as a result of […]

Defunct Skye Bank Directors Under Investigation, Says NDIC

The  revocation of Skye Bank Plc licence by the Central Bank of Nigeria (CBN), the former chairman and another director of the defunct bank, Mr. Tunde Ayeni and Dr. Festus Fadeyi are currently under investigation. This is coming as the Central Bank of Nigeria (CBN) has signed a Memorandum of Understanding (MoU) with other African […]

CBN Withdraws Licences Of 182 Financial Institutions

The Central Bank of Nigeria(CBN) has revoked the operational licences of 182 other financial institutions (OFIs) across the country. In a notice of revocation of licences of 182 OFIs obtained from its website, the apex banks lists the financial institutions to include 154 microfinance banks, 22 finance companies and six primary mortgage banks. Giving reasons […]

Ghana Government Shut Down Over 400 Businesses Owned By Nigerians

Over 400 businesses owned by Nigerians have been closed by authorities in Ghana, sparking a protest by owners who have issued a week ultimatum to the Nigerian government to resolve the surrounding the maltreatment of Nigerian business community in Ghana. Already, the National Association of Nigerian Traders (NANTS) have written a petition to President Buhari […]

Breaking News:Kevi Systrom&Mike Krieger, Instagram Co-founders Resigned

Co-founders of Instagram, Kevi Systrom and Mike Krieger, have resigned from the photo and video sharing social networking service, six years after the sale of the company to Facebook. This was revealed in a post on their respective Instagram handles, where they said they were leaving in other to re-explore their curiosity and creativity. The […]