archiveJuly 2019

  The Oyo State House of Assembly has approved the N10billion loan request of Gov. Seyi Makinde to improve infrastructure in the state. The request was sent to the House through a letter read by the Clerk of the House, Ms Felicia Oyediran. The loan to be obtained from First...

  Mr Tope Fasua, an Economic Expert, says retention of Monetary Policy Rate (MPR) at 13.5 per cent by the Central Bank of Nigeria (CBN) was expected. Fasua said this while reacting to the outcome of Monetary Policy Committee (MPC) meeting in Abuja on Tuesday. The News Agency of Nigeria...

A founding member of Arewa Consultative Forum (ACF), Tanko Yakasai, has said that there are fantastically corrupt persons in President Muhammadu Buhari’s ministerial list. Buhari, on Tuesday, sent a list of 43 ministerial nominees to the Senate for confirmation. Speaking on the ministerial list in Kano on Tuesday, Yakasai said...

  Drums support for community policing   In continuation of the series of consultations with a number of leading traditional rulers in different states to help bolster security architecture in local communities and effectively tackle security challenges around the country, Vice President Yemi Osinbajo, SAN, met with traditional rulers in...

Debt Management Office (DMO) of Nigeria on Tuesday listed on The Nigerian Stock Exchange, the second ₦100bn, 7-Year, FGN Sukuk due to mature in 2025. The Sukuk was raised at a rental rate of 15.743 per cent a 73-basis point discount from the 16.47 per cent rental rate of the...

The Nigerian National Petroleum Corporation (NNPC) says it has signed a 3.15 billion dollars Financing and Technical Services Agreement between Sterling Oil Exploration and other partners for the development of Oil Mining Lease (OML) 13. The corporation disclosed this in a statement signed by Mr Ndu Ughamadu, its Group General...

  The Edo State Governor, Dr. Godwin Obaseki, has said that there is no section of his state that will be made available for the federal government proposed Ruga Settlement. Obaseki, made the assertion Tuesday in a lecture titled: ‘The Challenges of Pastoralism and International Migration for Sustainable Peace and...

  The Senate has called on the Federal Government to ensure that all security agencies mop up all small arms and light weapons in circulation with a view to addressing the rising wave of insecurity in the country. It also urged the executive to take proactive measures to curtail insecurity...

  Fidelity Bank Plc on Tuesday said over 3,000 Small and Medium Enterprises (SMEs) would be participating in its SME Funding Connect initiative aimed at bridging funding gap. Executive Director, Shared Services and Products, Chijioke Ugochukwu, stated this at the bank’s SMEs forum in Lagos. Ms Ugochukwu said the bank...

Members of Islamic sect, Shi’ites on Tuesday vowed to continue their protest on Wednesday despite the killing of their members. The sect said this at the funeral ceremony of their dead members in Suleja, Niger State. A statement by Abdullahi Muhammad Musa of the Academic Forum of the Islamic Movement,...