archive2018

  No fewer than 10 persons have been killed while 65 others sustained various degrees of injuries when four female suicide bombers attacked Maiduguri, the Borno State capital on Wednesday evening. Comfirmng the incident to newsmen in a statement, the information Officer, National Emergency Management Agency (NEMA) Northeast, Mr Abdulkadir...

The African Development Bank (AfDB) has predicted a positive outlook for Nigeria’s economic in 2018. The bank in its 2018 African Economic Outlook projected that Nigeria’s economy would grow at 2.1 per cent in 2018 and 2.5 per cent in 2019. According to AfDB, this outlook is anchored on higher...

  The price rally on the Nigerian Stock Exchange (NSE) continued on Wednesday with the market capitalisation hitting all-time of N16.080 trillion. Nigerian Stock Exchange The market capitalisation, which opened at N15.782 trillion inched N298 billion or 1.89 per cent to close at N16.080 trillion. Also, the All-Share Index rose...

  The Federal Executive Council (FEC) on Wednesday approved a framework to boost transmission of power to Nigerians. The Minister of Power, Works and Housing, Babatunde Fashola, briefed State House correspondents at the end of FEC meeting chaired by President Muhammadu Buhari at the Presidential Villa, Abuja. According to him,...

After almost five years of fine tuning, the National Insurance Commission (NAICOM) has released the guidelines for Micro Insurance operation in Nigeria. NAICOM explains that the guidelines which establish uniform set of rules, regulations and standards for conduct of micro insurance business in Nigeria took effect from January 1st 2018....

Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, has called for a strong and well capitalized African Development Bank (AfDB) that is capable of fulfilling its commitments to member-countries. Adeosun made this call at the Regional Consultative Meeting between the AfDB President, Mr. Akinwumi Adesina and the Bank’s Governors and Ministers...

  ...to be held simultaneously in 8 African countries Jumia Travel, the leading online travel agency in Africa, will hold the second edition of the Africa Travel Awards on Thursday January 25, 2018. For this edition, the ceremony will be held simultaneously in 8 countries: Nigeria, Algeria, Cameroon, Ivory Coast,...

  * Highlights lessons on continent’s development experience, role of youths * Stresses need for social investment programmes Africa's impressive economic transformation is currently being driven by ambitious businessmen and women who are stepping beyond national borders and going global, says Vice President Yemi Osinbajo, SAN, at the inaugural Africa...

  The People’s Democratic Party (PDP) has observed with dismay some recent activities of the Minister of State for Agriculture, Sen. Heineken Lokpobiri, in Bayelsa State and some Riverine communities in the neighbouring Delta. We are disturbed that Lokpobiri has remained true to himself as he continues to maintain a...

Expatriate quota/business permit is consent in writing issued by the Minister of Interior on behalf of the Federal Government of Nigeria to an applicant company (be it a joint venture wholly  foreign or Nigerian owned) to employ a foreign expert to a specifically designated job description. To put it more...