archiveJune 21, 2018

  Calls on member states to promote agreements, partnerships that bridge development gaps in the region SPEECH DELIVERED BY HIS EXCELLENCY, PROF. YEMI OSINBAJO, SAN, GCON, VICE PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA, AT THE 7TH MEETING OF THE MINISTERS OF DEFENCE OF MEMBER STATES OF THE COMMUNITY OF...

The Nigerian Inter-Bank Settlement System, on Thursday said the banking industry lost the sum of N12.30 billion to various frauds between 2014 and 2017. Managing Director, NIBBS, Mr Adebisi Shonubi, disclosed this at the third Annual Banking Security Summit organised by MAXUT Consulting in partnership with OneSpan, a global data...

  The Federal Government on Thursday explained how the 2018 Federal Budget would be funded saying that the bulk of the funding would come from the expected increase in oil and gas revenue as well as other independent revenue strategies it plans to adopt during the year. It believes that...

  The Nigerian equities market recorded its longest streak of losses so far this month, with the All-Share Index (ASI) dropping for the fifth consecutive session by 1.17 per cent to 38,152.60 points, as investors intensified sell pressure in oil & gas stocks on Thursday. As a result, the Year-to-Date...

  The Lagos State Police Command on Thursday debunked allegation raised by a masked lady in a video on the social media accusing a police inspector, Marcel Nnabugwu, of living in opulence and above his means. The lady in the said video which had since gone viral on the internet,...

  Says Buhari’s budgets impose high debt toll on the future of young Nigerians   On signing the 2018 appropriation bill into law, on Wednesday, at the Presidential Villa in Abuja, President Muhammadu Buhari immediately relaunched the blame game that has delayed the budget for six months. Reacting to the...

  A chieftain of the Peoples Democratic Party (PDP) in Kwara State, Mr Kunle Suleiman, has said that the party should not re-admit the Senate President, Bukola Saraki into the party. Suleiman, a founding chairman of PDP in the state, claimed that Saraki was now an anathema in the state....

  The African Development Bank (AfDB) has issued one million dollar grant to the Bank of Agriculture (BOA) to restructure and strengthen its capacity in responding to emerging challenges. The CEO, Bank of Agriculture, Kabiru Adamu, who disclosed this in an interview with News Agency of Nigeria (NAN) on Thursday...

  The Independent National Electoral Commission (INEC) has said that over 100 political parties may feature on the ballot paper during the 2019 general elections. The INEC Chairman, Prof. Mahmood Yakubu, disclosed this in a statement on Thursday at a stakeholders’ summit organised in Abuja. The summit was organised with...

  No fewer than 815 million people are hungry in the world, the Sustainable Development Goals (SDGs) Report 2018 has revealed. The report stated that conflict and climate change were major contributing factors to increased hunger and forced displacement, among other challenges. “For the first time in more than a...