archiveMay 2018

President Muhammadu Buhari on Monday inaugurated a 10 kilometre channelisation and desilting of flood prone Okomo and Ogbagba rivers in Osogbo, Osun state. Buhari, who was represented at the event by the Minister of Information and Culture, Alhaji Lai Mohammed, said that the project was executed by the Ecological Fund...

  The International Monetary Fund (IMF), on Monday said Nigeria and other Sub-Saharan countries’ economies would grow by an average of 3.4 per cent in 2018, from 2.8 per cent in 2017. IMF’s country Senior Representative, Mr Amine Mati, said this during the public presentation of the Spring 2018 Issue...

Deputy Senate President, Ike Ekweremadu, says a bill for the creation of the South East Development Commission (SEDC) will soon be passed by the Senate. Ekweremadu said this on Monday at the South East summit on restructuring of Nigeria, which held at the Alex Ekwueme Square, Awka, the capital of...

  Minister of Budget and National Planning, Senator Udoma Udo Udoma, has hinted that President Muhammadu Buhari might not assent to the 2018 budget recently raised to N9.1 trillion by the National Assembly with additional N501 billion. In an exclusive chat with Daily Sun, Special Adviser on Media to the...

For Nigeria to succeed and move forward, Nigerians must learn to imbibe the principles of creativity, innovation and hard work, according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo stated this today when he attended the Sunday service at the Commonwealth of Zion Assembly (COZA), Abuja, with renowned US preacher,...

The Peoples Democratic Party (PDP) on Sunday accused President Muhammadu Buhari’s government of corruption. PDP said this in reaction to the N1.4 trillion naira spent of fuel subsidy. PDP spokesman, Kola Ologbondiyan, in a statement, demanded probe of the alleged fraud as well as revenue collecting agencies under the presidency....

The Joint Admissions and Matriculation Board (JAMB) on Sunday said it has set May 26 for rescheduled Unified Tertiary Matriculation Examinations (UTME) for more than 12,000 candidates across the country. The Board’s Head of Media, Fabian Benjamin, disclosed this in an interview with the News Agency of Nigeria (NAN) in...

  Former Vice President Atiku Abubakar, says education is the master key that will unlock the huge potential in Nigeria and set her on the path to full socio-economic development. He made the observation while speaking to newsmen at the end of events marking the 10th Commencement and Presidential Inauguration...

The NSE All-Share Index and Market Capitalization of the Nigerian Stock Exchange (NSE) depreciated by 1.34 per cent to close the week at 40,472.45 and N14.660 trillion respectively. Similarly, all other indices finished lower with the exception of the NSE Consumer Goods Index which appreciated by 0.03 per cent, while...

  The Central Bank of Nigeria (CBN) said the Nigeria-China currency swap deal would not cover the importation of the 41 items banned in its 2015 circular on items not valid for foreign exchange. CBN’s acting Director, Corporate Communications, Mr Isaac Okorafor, made this known in an interview with the...