archiveFebruary 2018

  The Central Bank of Nigeria (CBN) has attributed the steady growth of the country’s foreign reserves currently standing at $42.8 billion to CBN policies targeting reduction in importation of goods, especially food that can be produced in the country. Spokesman of the Central Bank of Nigeria (CBN) Mr. Isaac...

South African President Jacob Zuma's battle to stay in office despite the ruling ANC party reportedly asking him to step down was the latest in a long history of career controversies. Zuma has, however,  finally lost the battle to stay in power as he resigned on Wednesday Here are five...

  …Inspects road project President of Dangote Group, Aliko Dangote, has assured that the Apapa Port Wharf concrete road currently under construction by his company, AG Dangote would be delivered on schedule to save the people and businesses the hassles of the traffic gridlock being experienced now. He gave the...

The Head of Service of the Federation, Mrs Winifred Ekanem Oyo-Ita, on Wednesday disclosed that about 150 Deputy Directors in the federal ministries, departments, and agencies failed the promotion examinations to the position of Directors between 2015 and 2017. She revealed this while declaring open the second edition of her...

Director General, Standard Organisation of Nigeria (SON), Mr. Osita Anthony Aboloma says the organisation confiscated fake and sub-standard products worth N300 billion across the country in 2017. Aboloma, who was represented by Mr Sunday Galadima, a director in the organisation, made this known on Wednesday while speaking at the opening...

  Trading activities on the Nigerian Stock Exchange (NSE) rebounded on Wednesday after dropping for eight-consecutive days with the market indicators improving by 1.11 per cent. The All-Share Index appreciated by 463.65 points or 1.11 per cent to close at 42,171.80, compared to 41,708.15 posted on Tuesday. Also, the market...

  The National Bureau of Statistics (NBS) 2017 Multiple Indicator Cluster Survey (MICS) says about 50.8 per cent of Nigerian children, ages between five and 17, are involved in child labour. NBS conducted the survey in conjunction with other partners, including the National Primary Health Care Development Agency (NPHCDA) and...

Security Watch Africa, organisers of the African Security Summit, has named Lagos State Governor, Akinwunmi Ambode, as the “Most Innovative African Leader in Governance in West and Central Africa.” The State Government also bagged a Golden Star Award in recognition of its Exemplary Service in Africa. The awards were presented...

  “As of September 2017, total support (excess crude account loan and Budget support facility) excluding Paris Club refunds, is in the order of N876. 3 billion if we add Paris club refunds we will have disbursed N1.91 trillion.” “Despite 60% less revenue, we have by stopping grand corruption, made...

  The Presidency has reacted to the statement credited to Nobel Laureate, Wole Soyinka, condemning the handling of insecurity challenge in the country by President Muhammadu Buhari led administration. Soyinka had on Tuesday said the Buhari’s government was encouraging the activities of killer herdsmen through his body language. The renowned...