archiveJanuary 2019

One in seven Nigerians uses drugs, more than twice the global average, according to the country's first major national drug-use survey published on Tuesday. The survey, conducted by the Nigerian government, the European Union and the United Nations Office on Drugs and Crime (UNODC), said an estimated 14.4 per cent...

The Nigeria Union of Teachers (NUT) has told the Federal Government of Nigerian to scrap the N-Power scheme and focus instead on employing qualified teachers. The Union said there were many teachers with the necessary qualification that were eager to be employed, who can effectively address the deficit occasioned by...

The National Leader of the All Progressives Congress (APC) Asiwaju Bola Ahmed Tinubu has responded to the State of the Nation address of the PDP Presidential Candidate, Alhaji Atiku Abubakar over the suspension of the CJN, Walter Onnoghen. Tibubu’s letter below: “The PDP’s presidential candidate, former Vice President Atiku, recently...

The Nigerian Economic Summit Group (NESG) has said that for the country to achieve economic and social inclusion, government must first tackle the current sluggish economic growth in the country. NESG stressed that the nation’s economic recovery remained fragile as the Gross Domestic Product (GDP) growth rate declined from 1.9...

The Central Bank of Nigeria (CBN) on Tuesday injected another sum of $210 million into the interbank foreign exchange market. Figures released by the CBN indicated that authorised dealers in the wholesale segment of the market received the sum of $100 million, while the small and medium scale enterprises (SMEs)...

Proceedings in the Nigerian equities market sustained its bearish run on Tuesday as the benchmark index declined by 0.53 per cent to 31,178.71 points, following selloffs across Tier I and II banking stocks. Against that backdrop, the Month-to-Date loss increased to 0.80 per cent. On sectoral performance, the Banking (-1.45%),...

The pan-Yoruba socio-political group, Afenifere, has called on President Muhammadu Buhari to publicly declare his assets. This was contained in a statement issued on Tuesday by the Afenifere leader Chief, R.F. Fasoranti, According to the group, the call on Buhari to declare his assets publicly is on the background of...

In recognition of its contribution to promoting micro, small and medium enterprises (MSMEs) in Nigeria and for remaining the most trusted and recognised online retailer, the Board of Editors of Leadership Group Ltd., is set to recognise Jumia, Nigeria's no 1 shopping destination, with the eCommerce Company of the Year...

  OPENING SPEECH BY PROF. YEMI OSINBAJO, SAN, GCON, VICE PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA, AT THE 2ND REGIONAL PROTECTION DIALOGUE ON THE LAKE CHAD, TUESDAY, 29TH JANUARY, 2019. Protocol I am very pleased to join you today at this 2nd Regional Protection Dialogue on the Lake Chad...

The presidential candidate of the Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, on Tuesday released an open letter he wrote to the Ambassadors of France, Germany, European Union, United States and the United Kingdom High Commissioner where he listed what he described as constitutional beaches by President Muhammadu Buhari. He...