archiveDecember 2019

  The Federal Government says it is discussing with the management of the National Automotive Design and Development Council (NADDC) to re-enact the automotive policy to boost the industry. The Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo, in a news conference on Monday in Abuja said that the...

  The Nigerian Stock Exchange (NSE) market capitalisation bowed to profit taking ahead of Christmas, dropping by N198 billion. Specifically, the market capitalisation which opened at N12.804 trillion shed N198 billion to close at N12.606 trillion. Also, the All Share Index (ASI) decreased by 410.55 points, representing 1.55 per cent...

  The Nigeria Employers’ Consultative Association (NECA) has commended the Central Bank of Nigeria (CBN) on the new charges guide to banks and other financial institutions. NECA’s Director-General, Mr Timothy Olawale, who made the commendation on Monday in Lagos, said that the new guideline would make financial services more accessible...

  Lagos State Governor, Babajide Sanwo-Olu on Monday inaugurated network of 31 strategic roads in Ojokoro LCDA in Ifako-Ijaiye Local Government Area of the stzte. Sanwo-Olu said at the inauguration that the provision of road infrastructure was central to the delivery of the THEMES agenda of his administration. He said...

  President Muhammadu Buhari has approved new appointments in the Parastatals under the Ministry of Communications and Digital Economy. Mr Femi Adesina, the President’s spokesman, who confirmed this development in a statement in Abuja, said the appointments were meant to fast-tracking the targets and mandate of the ministry. The appointments...

    as he inaugurates LG, LCDAs caretaker chairmen in Oyo Oyo State Governor, Engineer Seyi Makinde, has inaugurated 68 caretaker chairmen to oversee the 33 local governments and 35 Local Council Development Areas of the State in the state, declaring that the councils must be centres of development. The...

receives Best SME Supporting Bank from Tribune Newspapers Fidelity Bank Plc has remained a leading financial institution among Micro Small Medium Enterprises (MSMEs) for deposit transaction, credit facilities and overall customer service experience, recording significant improvements in a recent survey. The bank which has grown its reputation for supporting small...

  pledges 70% implementation before end of year says civil servants to receive 13th month salary on 28th of December   Oyo State Governor, Engineer Seyi Makinde, has signed the 2020 Appropriation Bill of the State into Law. The 2020 budget signing ceremony, which was held inside the State’s Executive...

Primero Transport Services Ltd., operator of Bus Rapid Transit (BRT) in Lagos, says it is worried by commercial motorcyclists, buses and private cars encroaching on BRT lanes and impeding services. Mr Fola Tinubu, the Managing Director of the firm, raised the concern in an interview with the News Agency of...

  Algeria’s powerful army chief, Lt.-Gen. Ahmed Salah, who was instrumental in bringing down long-time President Abdelaziz Bouteflika, has died of a heart attack, state media reported on Monday. The 79-year-old’s death comes at a time of mass protests across Africa’s largest country, with many Algerians demanding that the ruling...