archiveMarch 22, 2018

The Senate on Thursday confirmed nominees to serve as Monetary Policy Committee (MPC), members of the Central Bank of Nigeria (CBN) which was sent to it by President Muhammadu Buhari in November last year. The development followed Senate’s resolution on 14th March, 2018 to screen the nominees after setting aside...

  Lagos State House of Assembly has said that the Public Hearing on a bill to review the state Land Use Charge Law, 2018, would hold next Tuesday. The hearing day was fixed following the Second Reading of the bill by the lawmakers on the floor of the House, on...

Says does not address Nigerians’ needs Bill Gates spoke the truth on Nigeria economy – Ben Bruce   American business magnate, Mr. Bill Gates, has said that the present economic templates being used by the Muhammadu Buhari government do not have the ability to address the unique needs of Nigerians...

  The Debt Management Office (DMO) on Thursday disclosed that its March auction was oversubscribed, just like the January and February auctions. Total subscription at the March auction was N142.81 billion, representing 204% of the amount offered. The DMO said the exercise was the third in the series of FGN...

  The bulls resurfaced in the domestic bourse on Thursday, halting a six-day losing streak on the Nigerian Stock Exchange (NSE) as the All-Share Index (ASI) inched higher by 0.33 per cent to 41,633.79 points, following demands across major sectors. Accordingly, the Year-to-Date gain increased (albeit marginally) to 8.87 per...

  The Nigeria Extractive Industries Transparency Initiative (NEITI) said on Thursday that the Nigerian National Petroleum Corporation (NNPC) failed to remit $16.8 billion paid reportedly to it as dividends by the Nigeria Liquefied Natural Gas (NLNG) Limited. The revelation was made at the “Anti Corruption Situation Room Forum – Engaging...

  The House of Representatives has urged the Federal government to commence the implementation of free and compulsory education for primary and secondary school children. According to the lawmakers,  the number of out-of-school in the country, which has reached an alarming level of 10.5 million children spread across the country...

  The People’s Democratic Party (PDP) has alleged persecution of the Deputy Senate President, Ike Ekweremadu in a property forfeiture suit filed against him by the Federal Government. In a statement on Thursday by the party’s National Publicity Secretary, Kola Ologbodiyan, the PDP called on the government to stop hounding...

  Vice President Yemi Osinbajo on Thursday reiterated the determination of the present administration to focus on the development of the people of the country. He said this in a remark at the Special and Expanded National Economic Council meeting in Abuja, attended by Mr Bill Gates, the Chief Executive...

Gov. Akinwunmi Ambode of Lagos State is holding talks with the Japan-African Union Parliamentary Friendship Committee in Tokyo on how to improve transportation in the state. Ambode, in a statement signed by his Chief Press Secretary, Mr Habib Aruna, said the meeting which was to woo Japanese investors, was being...