archiveJuly 2019

President Muhammadu Buhari has expressed concern over the persistent  gridlock in Apapa, Lagos State. The president made his feelings known when he received the leadership of Lagos Chamber of Commerce and Industry (LCCI) at the Presidential Villa, Abuja on Wednesday. He, however, expressed optimism that the problem would soon be...

The Central Bank of Nigeria (CBN) says some firms in the country have identified insufficient power supply, high interest rates and unfavourable economic climate as major factors that constrained businesses in July. Other factors, according to the bank, include financial problems, insufficient demand and unclear economic laws. The CBN made...

The World Bank has promised to assist Ogun State Government in the areas of good governance and socio-economic development. The Chief Press Secretary to the Ogun State Governor, Kunle Somorin quoted the World Bank as stating this during a meeting between Governor Dapo Abiodun of Ogun State and the country...

President Muhammadu Buhari Wednesday in Abuja celebrated the appointment of Mrs. Olukemi Olufunto Badenoch, a United Kingdom-born Nigerian, as Parliamentary Under Secretary of State for Children and Families by British Prime Minister Boris Johnson. Presidential spokesman, Malam Garba Shehu, in a statement, said the president described her appointment as “well-deserved.”...

  Cautions against any plot to frame Atiku The National Working Committee (NWC) of the Peoples Democratic Party (PDP) has noted the statement by the All Progressives Congress (APC) ‘warning’ the people’s candidate, Alhaji Atiku Abubakar, against making comments on the state of the nation and that his patriotic reactions...

The Nigerian Stock Exchange on Tuesday, July 30, 2019, launched its 2019 NSE Factbook at the Stock Exchange House, Lagos. The Factbook, according to a press statement from The Exchange, is a compendium of capital market information, aimed at ensuring availability and easy access to current and historical market information...

  Expresses worry over abandoned silo project   Oyo State Governor, Engineer Seyi Makinde, has expressed the readiness of his government to partner with and encourage investors in the agriculture sector in order to expand the economy of the state as well as surmount challenges facing their operations in the...

  One of Nigeria’s leading financial institutions, Zenith Bank Plc, has introduced a high interest-yielding target savings account named “SAVE4ME”, which enables customers plan and save towards their aspirations and needs conveniently. The new product is designed to support flexible savings for predetermined purposes such as asset acquisition or even...

The Federal Government has raised a task force to recover the outstanding N5 trillion debts owed the Asset Management Corporation of Nigeria (AMCON), Vice-President Yemi Osinbajo’s office said on Tuesday. Osinbajo was said to have made the disclosure during a meeting he had with the Board of AMCON and some...

The President of the Senate, Ahmad Lawan said on Tuesday that the desire of the ninth Senate and indeed the National Assembly is to have the budget cycle return to January to December. Lawan spoke shortly before the Senate adjourned for a two-month recess which was initially delayed to allow...