archiveAugust 22, 2019

In an effort to boost breakfast meals with high dietary value especially for children, a Technical Committee Meeting recently met in Lagos to develop new Standards for Cereal and Cereal products and review the standard for cornflakes. This according to the committee is also to facilitate the certification of existing...

The Federal Government is set to recover about N614 billion national budget support loan faculty it provided for the 36 states of the federation. Each of the states received N17.5 billion, which was meant to enable them to pay mounting salary, pension arrears and meet other critical needs. A meeting...

  The Nigerian Electricity Regulatory Commission (NERC) said the planned increase in tariff was done through consultation with Electricity Distribution Companies and stakeholders in the sector. Chairman of NERC, Prof. John Momoh, said this to newsmen on Thursday in Abuja during the assumption of office of the new Minister of...

  The Federation Accounts Allocation Committee (FAAC) shared a total of N769.523 billion to the three tiers of government for the month of July 2019 at its August meeting on Thursday,. According to a communiqué issued at the end of the meeting, the amount comprised revenue from value added tax...

Trading on the Nigerian Stock Exchange (NSE) sustained positive trend on Thursday as investors continued to react to the swearing in of new ministers. The News Agency of Nigeria (NAN) reports that the market capitalisation inched N135 billion or 1.01 per cent to close at N13.441 trillion against N13.306 trillion...

  Some capital market operators on Thursday said there was the need for the new ministers to commence work without delay to revive the nation’s economy to avoid another round of recession. They told the News Agency of Nigeria (NAN) in Lagos that the ministers must swing into action to...

  Charges him to be good ambassador of State Oyo State Governor, Engineer Seyi Makinde, has congratulated the newly-appointed Minister of Youth and Sports, Mr. Sunday Dare, charging him to bring his wealth of experience to bear in transforming and repositioning the ministry. Governor Makinde urged the Ogbomoso-born minister to...

    The macroeconomic environment of the country has shown significant growth and stability since after the recession, according to a report presented today to the National Economic Council (NEC), chaired by the Vice President, Prof. Yemi Osinbajo, SAN. According to the Minister of Finance, Budget and National Planning, Mrs....

Though Chief Mrs Juliana Ayinke Fasehun nee Oyemade who recently died has gone to be with her maker but her children, grandchildren and great-grandchildren have good memories of her legacies for which she is today celebrated even in death. Born on May 19, 1930, late Mrs. Fasehun who hailed from...

  The Minister of Power, Mr Sale Mamman has expressed his commitment toward addressing the challenges in the power sector. Mamman, an engineer by profession said this on assumption of office on Thursday in Abuja. The Minister of State Power, Mr Goddy  Jedi-Agba also assumed duty alongside Mamman. “I need...