archiveJune 2019

The Pan Niger Delta Forum (PANDEF), has lamented about the current state of things in the Nigerian oil rich region. The group which claimed that Nigeria is not ‘standing well’, and demanded for urgent restructuring of the country, decried that Niger Delta has been economically, socially marginalised, and is dying....

Below is the full preliminary report served the Secretary to Kano State Government by the state anti-graft commission attached with some documents to buttress its investigation into the alleged misappropriation of N3.4bn by the Kano Emirate Council between 2014 and 2017.   The commission insists in this report that the...

  The Federal Government’s second Green Bond offer has recorded about 220 per cent subscription. Debt Management Office (DMO) which announced the result announced on Thursday said investors staked N32.93 billion for the N15 billion offer. According to the agency, “Total value of subscriptions received was N32.93 billion, representing 220%...

  The Federal Government has been urged to peg the maximum interest rate of commercial banks’ loan to a single digit of nine per cent. The President, Lagos Chamber of Commerce and Industry (LCCI),  Babatunde Ruwase, made this appeal during the week at the Lagos State University (LASU), Ojo “International...

  A Don, Dr Austine Nwaeze, has called for the reduction of lending rate to single digit, to enable the Federal Government achieve its target of lifting 100 million Nigerians out of poverty in the next 10 years. Nwaeze, who lectures in Economics at the Pan Atlantic University, Lagos made...

  The Nigerian equities market sustained its losing streak for the eight consecutive trading session on Thursday as the benchmark index, that is All-Share Index, declining by 0.23 per cent to 30,029.15 points, following a DANGCEM-led selloff. Thus, the Month-to-Date and Year-to-Date losses increased to 3.35 per cent and 4.46...

  Some economic experts on Thursday called on the Federal Government to pay more attention to infrastructure and the manufacturing sector of the economy. The experts, Chief Kenneth Nduka, President, Nigerian Institute of Building (NIOB) and Mr Olayemi Shonubi, Vice President, Nigerian Institute of Quantity Surveyors (NIQS), made the call...

Dr Theodore Yakubu, an Abuja based gynaecologist, has advised women above age 35 with intention of becoming mothers to seek medical advice before conception. Yakubu gave the advice in an interview with the News Agency of Nigeria (NAN) on Thursday in Abuja. According to him, as a woman gets older,...

  In order to further deepen financial inclusion in the rural areas, Fidelity Bank has entered into a collaboration with Nigeria Postal Services (NIPOST) to bring banking services directly to Nigerians in 266 rural communities. At the launch of integrated banking services between Fidelity bank and NIPOST in Abuja Thursday,...

  The Nigerian Meteorological Agency (NiMet), has predicted cloudy weather conditions with widespread rainfall and thunderstorm activities over most parts of the country on Friday. It also predicted thunderstorms and rains over the region later in the day with day and night temperatures of 26 to 30 and 17 to...