archiveOctober 11, 2019

  A new set of 128 Nigeria Industrial Standards have just been approved for publication,  dissemination and use by Stakeholders in Nigeria to drive economic advancement by Manufacturers,  Processors, Assemblers and Importers of products and services. The new Standards were approved by the Nigerian Standards Council at its 5th meeting...

The Executive Director, Operations and Information, Fidelity Bank Plc, Gbolahan Joshua has advised data validation agencies and organisations to adopt appropriate policies that provide financial institutions with the required flexibility to utilise available customer data. Joshua who gave the counsel during a panel session at the 10th anniversary celebration of...

    The Nigerian National Petroleum Corporation (NNPC) said it has discover hydrocarbon deposits in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in the North-Eastern part of the country. It would be recalled that drilling of the Kolmani River II Well was flagged-off in a...

The National Bureau of Statistics (NBS), says in the first half of 2019, the 36 states and the Federal Capital Territory (FCT) generated N691.11 billion as Internally Generated Revenue (IGR). The NBS said this in its “IGR at State Level for Quarter One and Quarter Two, 2019” report obtained from...

The Economist magazine has said that an estimated $600 billion is believed to have been stolen from Nigeria since its Independence in 1960. The story was published in its online edition of October 10.. The excerpts: Light-fingered tyrants are looking back wistfully. In past decades they could stash their illicit...

To enable ministers personally lead the process of budget defence at the National Assembly, President Muhammadu Buhari has directed the immediate suspension of international travels by all cabinet members and heads of government agencies. According to a statement by Director of Information, Office of the Secretary to the Government of...

The Presidency has dismissed reports that President Muhammadu Buhari was getting married to a second wife. Reports had it that Buhari will today marry the Honourable Minister of Humanitarian Affairs, Disaster and Management, Sadiya Umar Farouq. This came following the continued absence of the current First Lady, Aisha, who has...

The bears maintained dominance on the Nigerian Stock Exchange (NSE) for the fifth consecutive day with the market indicators dropping by 0.19 per cent. The News Agency of Nigeria (NAN) reports that the All-Share Index on Friday lost 49.97 points or 0.19 per cent to close at 26,533.78 against 26,583.75...

  President of the Senate, Ahmad Lawan, said on Friday that the National Assembly will not allow Ministers or Heads of Ministries, Departments and Agencies (MDAs) of government to frustrate it from passing the 2020 Budget proposals by December. "The National Assembly will do the right thing; which is to...

The All Progressives Congress (APC), Oyo State chapter, has berated Gov. Seyi Makinde and the Speaker of the House of Assembly, Hon. Adebo Ogundoyin, over what it called hasty approval of a fresh N7.6 billion loan. This is contained in a statement issued by the party’s state Assistant Publicity Secretary,...