archiveAugust 2017

• Expect double efforts in driving economic growth now that president is back - Osinbajo • Recession offers enormous opportunities especially for local production • Trying to improve environment to make opportunities real Q: Achievements of this Administration? Vice President: I think the single greatest achievement of the administration so...

*Says a strong, vibrant and creative regional bank is a strong pillar in building West Africa of our desires. Speech by Prof. Yemi Osinbajo, SAN, Vice President, Federal Republic of Nigeria at the opening of the 15th Ordinary Meeting of the Board of Governors, Ecowas Bank for Investment in Abuja...

President Muhammed Buhari will spend three months working from home after his office was said to have been damaged by rats. The presidential spokesman, Garba Shehu, who granted an interview to BBC, was quoted as saying the office required renovation after damage was done to the furniture and air conditioning...

The Federation Account Allocation Committee (FAAC), on Tuesday said it distributed N467.852 billion to federal, states and local governments for the month of July. The Federal Government took N193.048 billion, states collected N130.691 billion while local governments got N98.014 billion. Nine oil producing states shared N31.591 billion representing 13 per...

The Peoples Democratic Party (PDP) has taken a swipe at Vice President Yemi Osinbajo who earlier in the week, said the current administration spent the sum of N1.3 trillion on the execution of capital projects in 2016 alone. In series of tweets on its official Twitter Handle @OfficialPDPNig., the party...

The Nigerian Communications Commission, NCC, says Nigeria currently ranks third globally in cybercrimes behind the UK and the U.S. NCC’s Chief Executive Officer, Umar Danbatta, disclosed this on Tuesday at the ongoing 2017 Annual General Conference of the Nigerian Bar Association, NBA, in Lagos. The News Agency of Nigeria, NAN,...

The Minister of Finance, Mrs Kemi Adeosun has emerged the new Chairman of the Board of Governors of the ECOWAS Investment Bank. Adeosun was appointed as the new Chairman on Tuesday in Abuja at the 15th Annual General Meeting of the board of governors of the bank. The meeting was...

The Nigerian Stock Exchanged (NSE) rebounded on Tuesday as investors gained N130.3 billion after investors lost N116 billion in Tuesday trading session. Major market indicators show that the All-Share Index (ASI) gained 378.04 points to close at 36,962.48 points, while the market capitalisation added N130.3 billion to finish at N12.7...

• One-third of students scored above 200 in UTME – Official The Joint Admission and Matriculation Board (JAMB) has fixed minimum cut off marks for admission into Nigeria’s tertiary institutions. The examination body has fixed 120 marks for admission into universities, 100 for polytechnics and colleges of education while that...

The Central Bank of Nigeria (CBN) on Monday boosted the foreign exchange market by offering the market $195 million in three segments. The apex bank auctioned $100 million in the wholesale segment and also intervened in the Small and Medium Enterprises (SMEs) and invisible segments, with $50 million and $45million...