archiveAugust 24, 2020

  Worried by the contraction in the country’s Gross Domestic Product (GDP), financial experts on Monday called on the Federal Government to suspend its request for external loans. They spoke in an interview with the News Agency of Nigeria (NAN) in Lagos, while reacting to the second quarter GDP figure...

The nation’s bourse opened trading for the week on Monday on a positive note, growing by three billion naira. The News Agency of Nigeria (NAN) reports that the market capitalisation increased by three billion to close at N13.161 trillion against N13.158 trillion on Friday. Also, the All-Share Index (ASI) increased...

The Kaduna Chapter of the Nigerian Union of Journalists (NUJ) has formed a group of Journalists aimed at fighting the monster of corruption. The group, called Journalists Against Corruption (JAC) comprises 30 members drawn from the NUJ. The formation of the group was disclosed by the NUJ Chairman, Kaduna Chapter,...

The Economic and Financial Crimes Commission (EFCC) has charged Nigerians to be forthcoming with credible intelligence on corruption and financial crimes to the Commission. This call was made by the Uyo zonal head of the EFCC, Mr. Uchenna Edeh.  He made the call in Uyo during a live programme on...

Minister of Information, Alhaji Lai Mohammed on Monday insisted that the recent amendment to the sixth edition of the Nigerian Broadcasting Code by the National Broadcasting Commission, as part of ongoing reforms in the sector, was in the best interest of the country. The Minister stated this at the NBC’s...

  The executives of student union governments (SUG) of tertiary institutions in Delta State have thrown their weight behind the former Minister of State for Education, Olorogun Kenneth Gbagi, to contest the 2023 governorship elections in the state. According to a press statement from Gbagi Media Office, the SUG executives...

 The Nigeria Employers’ Consultative Association (NECA) has called for concerted efforts by all stakeholders to move the nation’s economy away from a downward slide. The Director-General of NECA, Mr Timothy Olawale, made the call on Monday in Lagos following the economic data released by the National Bureau of Statistics (NBS)....

With inflation and unemployment rates reaching an all-time high of 12.82 per cent and 27.1 per cent, respectively, in the second quarter of the year, the Lagos Chamber of Commerce and Industry (LCCI), has described the nation’s economy as facing serious challenges and might go into recession at the end...

The lawyer of the embattled former Deputy Governor of the Central Bank of Nigeria (CBN), Dr. Obadiah Mailafia, on Monday faulted the invitation of the Nigeria Police of his principal and hence his refusal to honour the invitation by the police authorities in Abuja. Mailafia’s lawyer, Yakubu Bawa said the...

The Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami has denied reports that he conspired with a lawyer to testify against suspended Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu. Magu is being investigated by a presidential panel headed by the retired President of...