archive2019

Having received a presentation of the Nigeria Sovereign Investment Authority (NSIA) business update, and outlook, the National Economic Council (NEC) on Thursday resolved to invest additional $250 million into the NSIA, the country's sovereign wealth fund. The resolution was among other decisions taken at the 99th meeting of the council...

  The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has lamented a situation where Nigeria imports cassava derivatives valued at about 600 million dollars annually. Emefiele disclosed this at a meeting with governors of cassava-producing states in Abuja on Thursday. CBN also signed Memorandum of Understanding  (MoU) with...

The Christian Association of Nigeria (CAN) on Thursday, warned the University of Nigeria, Nsukka, (UNN) against going ahead with its planned conference on witchcraft. The event expected to hold between November 26 and November 27 is being packaged by the B.I.C Ijomah Centre for Policy and Research in UNN and...

The Nigerian Senate has passed the Finance Bill, which seeks to amend seven Acts of the National Assembly relating to taxes payable in the country. The bill, which scaled through on Thursday, seeks an increment of the value-added tax from five per cent to 7.5 per cent. It also seeks...

New Tottenham manager Jose Mourinho has promised to bring "passion" and "happiness" to the club. The Portuguese, 56, was appointed on Wednesday morning, following the sacking of Mauricio Pochettino on Tuesday night. Former Chelsea and Manchester United boss Mourinho praised the quality of Spurs's squad and their "world class" stadium...

    The Federal Executive Council (FEC) on Wednesday approved a Justice Sector Policy as part of deliberate efforts to reform the nation judicial sector for easy access to justice in the country. The Attorney-General of the Federation and the Minister of Justice, Abubakar Malami disclosed this when he briefed...

  By Kayode Oladeji For those who were familiar with Chief Alex Akinyele during his life time, the mention of his name naturally evoked different meanings and feelings, at different times and settings. When the news of his passage hit the airwaves last week, my mind raced back to the...

  Femi Falana, (SAN), human rights activist, says he is ready to go to court in defence of any victim that was involved in the recent tanker fire incident at Sango-Ota in Ogun State, or their willing family members. Falana spoke on Wednesday at the Federal Road Safety Corps (FRSC)...

  The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Economic and Financial Crimes Commission (EFCC) on Wednesday agreed to sign a Memorandum of Understanding  (MoU) to strengthen their cooperation in the fight against corruption. Although the details of the proposed MoU are not yet known, the Executive Secretary of...

The Peoples Democratic Party (PDP) caucus in the Senate, on Wednesday rejected the Bayelsa and Kogi governorship election results announced by the Independent National Electoral Commission (INEC). The senators, led by the Minority Leader of the Senate, Enyinnaya Abaribe, announced the rejection at a news conference in Abuja. INEC had...