archiveSeptember 3, 2019

  The Standards Organisation of Nigeria (SON) has impounded galvanised roofing sheets and aluminium coils worth about N500 million in two warehouses in Owerri and Okigwe, in Imo. The Information Officer of SON in Enugu, Mr Paul Iorkyaa, said in a statement issued on Tuesday in Enugu that the raid...

  President Muhammadu Buhari on Tuesday tasked Nigerian manufacturers on  the need to create  collective development strategies that would  boost industrialisation in the country. Buhari gave the advice at the 2019 Exhibition and the 47th Annual General Meeting (AGM) of the Manufacturers Association of Nigeria (MAN) in Lagos. The News...

  The Nigerian equities market extended positive outlook on Tuesday with further growth of 0.08 per cent. The News Agency of Nigeria (NAN) reports that the All-Share Index inched 21.70 points or 0.08 per cent to settle at 27,586.79 against 27,565.09 on Monday. Also, the market capitalisation of listed equities...

  The Chartered Institute of Bankers of Nigeria (CIBN), has reiterated the need for creation of more credit facilities, to boost lending and deepen financial inclusion in the country. Mr Uche Olowu, President and Chairman of Council, CIBN, said this at a press conference on the Institute’s 12th Annual Banking...

  Mr Usman Mohammed, Managing Director, Transmission Company of Nigeria (TCN), says any Electricity Distribution Company (DisCo) that fails to perform in accordance to the market rule will be sanctioned. Mohammed, who was speaking on the sidelines of a meeting of West Africa Power Pool (WAPP) in Abuja on Tuesday,...

The Economic and Financial Crimes Commission (EFCC), Abuja Zonal Office has recovered over N423 million from January to August. Head of the zone, Mr Aminu Aliyu, who made this known in Abuja on Tuesday, said other recoveries included 39,253 dollars and 2,330 euros. Aliyu said that Section 6 of the...

Some protesters on Tuesday stormed the Lagos State House of Assembly to express their displeasure over the killing of Nigerians in South Africa. News Agency of Nigeria reports that the protesters stormed the gate of the assembly at about 6p.m. The protesters carried placards with various inscriptions: “Stop the killing...

    Africa Media Development Foundation (AMDF) invites applications from interested professional, or freelance journalists in Africa for its Journalist of the Year Award. CRITERIA Each piece of work submitted must be an untold story from Africa and focused on Africans The piece must reflect high quality journalism work, highlighting...

  Nigeria might be facing another financial crisis as a result of government failing revenues, BudgIT has warned. In an analysis of the Federal Government 2018 budget performance, released on September 2, 2019, the civic-tech organization points out that the government spent a sum of N7.51 trillion based on a...

I note with serious concern the worsening Xenophobic attacks on foreign nationals in South Africa in which Nigerians have been major victims. Nigeria has had enough of its citizens being targets of these attacks and will no longer tolerate hate crimes in any form against its citizens who are doing...