archiveJuly 20, 2017

``The business of making our country truly great is not just the business of government. Government is transient, it passes away but it is the business of every one of us.’’ ``I can assure you that whatever it takes to make our country truly where it should be in the...

This is the transcript of speech of former Vice-President of the Federal Republic of Nigeria, Alhaji Atiku Abubakar at the University of Nigeria, Nsukka on the occasion of the Senior Staff Club Lecture Series on Restructuring Nigeria/Award of Excellence in Good Governance on him and his investiture as Life Member...

The Nigerian bourse continued its positive rally on Thursday as the market All-Share Index (NSE ASI) and the Market Capitalization increased by 0.54 per cent, while the year-to-date return stood at 25.38 per cent. The All-Share Index closed at 33,695.83 against the previous close of 33,514.93 while Market Capitalization closed...

• FG to decide on proposed new Ecological Fund criteria There is considerable progress in the implementation of ideas generated at last year’s retreat of the National Economic Council, according to a Monitoring Report presented to the Council at the July meeting earlier today. At the NEC meeting presided over...

A Nigerian court has ordered seven local banks to transfer a combined $793 million to the government immediately, and a government lawyer said on Thursday the lenders had withheld money collected on behalf of the state. Commercial banks in Nigeria collect grants, taxes, fees and tariffs on behalf of the...

Transition Monitoring Group (TMG) has expressed concern over the tension building around the coming elections for the Local governments and the LCDAs coming up in Lagos State on Saturday the 22nd of July 2017. According to a press statement signed and released on Thursday by Mrs Abiola Akiyode-Afolabi, Chairperson, TMG...

The Senate has resolved to pass a law to establish a substantive and autonomous Nigeria Financial Intelligence Unit (NFIU), following the suspension of Nigeria from the EGMONT Group. The resolve of the senate is in-line with its commitment to support the anti-corruption agenda of the present administration. The EGMONT Group...

In continuation of our series on “Essential ingredients of Equity, Fairness and Justice in True Federalism”, former president of the Nigerian Bar Association (NBA), Dr. Olisa Agbakoba, SAN, in this interview speaks on present agitation on restructuring Nigeria and related issues. Excerpts: WITH the present agitation from various groups, do...

Nigeria's Wema Bank plans to raise equity by 2018 to bolster its capital ratio and cut its operating cost as its new digital strategy gains traction, a senior executive said on Thursday. The mid-tier lender said it cut loan growth this year to between one to two per cent of...

Nigeria welcomed the continued efforts of the United Nations (UN) to enhance its relationship and cooperation with the African Union (AU) and to support effective implementation of the 2063 Agenda. Nigeria’s Ambassador and Permanent Representative to the UN, Prof. Tijjani Bande, made the remarks while delivering Nigeria’s message at the...