archive2018

Vice President Yemi Osinbajo on Monday said that  the presidency was closely working with the National Assembly for the quick passage of the Petroleum Industry Governance Bill (PIGB). Osinbajo said this during his keynote address at the 18th international HSE Biennial conference, organised by the Department of Petroleum Resources (DPR)...

The World Bank has said that fiscal deficits in Nigeria may widen further in 2018 due to increased pre-election spending and sustained revenue shortfalls. The Washington-based institution stated this in its Bi-annual Economic Update on Nigeria, titled, “Investing in Human Capital for Nigeria’s Future.” According to the update published Monday...

Dubai Chamber of Commerce and Industry has announced that its President and CEO Hamad Buamim has been appointed to the post of Chairman of the International Chamber of Commerce’s World Chambers Federation (WCF), the ICC’s forum uniting a global network of 12,000 chambers and their respective business communities. The announcement...

The Securities and Exchange Commission (SEC) has restated its desire to pursue initiatives that would aid financial inclusion of Nigerians as this is capable of growing the nation’s economy. Acting Director General of the Securities and Exchange Commission (SEC) Ms. Mary Uduk stated this in her remarks at the 2018...

The ongoing strategic partnership between the Central Bank of Nigeria (CBN) and the Association of Bureaux De Change Operators of Nigeria (ABCON) has kept the naira stable at both the official and parallel market s despite huge campaign spending by political parties. ABCON President, Alhaji Aminu Gwadabe who spoke with...

    Over 2,000 Lagosians on Monday benefited from the Lagos State Employment Trust Fund (LSETF), as they were presented with cheques ranging from N200,000 to over N500,000 by the State government as loans to start their businesses. With Monday’s disbursement of the loans, the state government through LSETF, according...

  The presidential candidate of the Allied Congress Party of Nigeria (ACPN), Dr. Obiageli Ezekwesili, on Sunday took her campaign trail to the streets of Abuja. During a one-on-one interaction with Abuja residents, she hinted them of her aspiration to become the next president of Nigeria in 2019. She also...

      Many construction workers are feared trapped in a 7-storey building that collapsed in Port Harcourt on Friday evening, the News Agency of Nigeria reports. NAN reports that several construction workers were at the site when the building, located at Woji Road in the Government Reserved Area of...

President Muhammadu Buhari has summoned Service Chiefs to an emergency security meeting over the reported killing of some Nigerian soldiers by Boko Haram sect along the Nigeria-Chad border on Sunday. The urgent meeting was necessitated by the latest security developments across the battle fields in the North East region of...

  The U.N. agency for HIV and AIDS has placed its country director for Nigeria on administrative leave following allegations of sexual harassment, a spokeswoman said on Thursday. Reuters reported on Friday. Spokeswoman Sophie Barton-Knott declined to name the person put on leave and said she could not comment on...