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Bismarck Rewane

President Muhammadu Buhari has appointed Mr. Mele Kolo Kyari as the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC).

New NNPC chief, management team assume duty today

The new Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Mr. Mele Kolo Kyari, and his management team will assume duty today at the NNPC towers in Abuja.

Bismarck Rewane: Weak institutions hinder Nigeria’s economic growth

Chief Executive Officer, Financial Derivatives Company Limited, Mr Bismarck Rewane, has emphasized the importance of building strong institutions if Nigeria must achieve the desired economic growth.
President Buhari receiving Report of the Technical Advisory Committee on the Implementation of the National Minimum Wage in State House on 25th Mar 2019 3

President Buhari: Federal government to review Bismarck Rewane’s panel report on minimum wage

President Muhammadu Buhari yesterday received the report of the Presidential Technical Advisory Committee on the implementation of the New Minimum Wage (PTAC) and said the government would begin work on it immediately.
President Buhari receiving Report of the Technical Advisory Committee on the Implementation of the National Minimum Wage in State House on 25th Mar 2019 3

President Buhari: We’ll review national minimum wage report speedily

President Muhammadu Buhari on Monday in Abuja received the report of the Presidential Technical Advisory Committee on the Implementation of the National Minimum Wage with a pledge to review it expeditiously.
President Buhari receives in Congratulatory Visit Members of the Traditional Rulers Council in State House on 5th Mar 2019-2

President Buhari receives report on implementation of N30,000 national minimum wage

President Muhammadu Buhari on Monday received the report of the Technical Advisory Committee on the implementation of the new National Minimum Wage at the Presidential Villa, Abuja.

Bismarck Rewane: Cost remains a major threat to banks in Nigeria

The bearish run on the Nigerian Stock Exchange (NSE) continued on Tuesday as all share index (ASI) plunged by 1.02% to close at 31,313.36 points.

Bismarck Rewane retires from FCMB Group board

The Chief Executive Officer of the Financial Derivatives Company Limited, Mr. Bismarck Rewane, has retired from the board of FCMB Group Plc.
election inec nigeria

Experts: How 2019 election outcome will impact economy

Analysts have presented different possibilities for the Nigerian economy after the February and March elections, with most of them saying that a change in political leadership would most likely inspire hope and engender economic growth.

Federal government to review revenue sharing formula over minimum wage

Indications emerged on Thursday that the Federal Government may have decided to review the revenue allocation sharing formula to enable states meet the new minimum wage proposal pegged at N30, 000.

Issa Aremu urges Bismarck Rewane-led committee to fast-track minimum wage implementation

A NEC member of the NLC and labour representative on the National Income and Wages Commission, Comrade Issa Aremu, has called on the newly inaugurated Bismarck Rewane-led Technical Advisory Committee on the implementation of a National Minimum Wage to only facilitate the full implementation of the negotiated N30,000 and not undermined it.

Minimum Wage: President Buhari appoints Bismarck Rewane to head technical committee

President Muhammadu Buhari on Wednesday appointed Bismarck Rewane as head of newly inaugurated Technical Advisory Committee on the implementation of a National Minimum Wage.
President Buhari presents 2019 Budget to the National Assembly on 19th Dec 2018-2

Experts: 2019 N8.83 trillion budget proposal ambitious

President Muhammadu Buhari on Wednesday presented an N8.83 trillion budget for next year to a joint session of the National Assembly in Abuja, which many analysts have described as ambitious, given the regime’s struggles to meet revenue targets.
Atiku Abubakar

Government has nothing to lose in sale of NNPC – Atiku campaign

Segun Sowunmi, the spokesman of the Atiku Campaign Organisation, says the government has nothing to lose in the sale of the Nigerian National Petroleum Corporation (NNPC).
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

MTN may suspend Nigeria’s IPO, considers options

MTN Group has said it may no longer seek to raise capital through an Initial Public Offering (IPO) on the Nigerian Stock Exchange (NSE) as previously planned, while considering the option of listing its existing shares.

Atiku Abubakar: I’ll privatise NNPC if elected

Nigeria’s former vice president Atiku Abubakar will privatise parts of the country’s state oil company and allow the naira currency to float to attract foreign investment if elected as head of state, he told Reuters.

Governor Obiano invites EFCC to new appointees’ retreat

Some members of the new executive council and other appointees in Anambra State have expressed fear over the invitation of the acting Chairman of the Economic Financial Crimes Commission, Mr. Ibrahim Magu, to a retreat organised for them by the state government.

IMF seeks confirmation of MPC members, CBN directors

International Monetary Fund, IMF, has advised Nigeria to confirm the appointments of the Central Bank of Nigeria’s (CBN’s) board of directors and members of the Monetary Policy Committee (MPC).

Federal govt urged to be transparent on fuel subsidy

Bismarck Rewane, renowned economist, has asked the government to come out clean regarding the ongoing debate on fuel subsidy in the country.

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Nigerian National Petroleum Corporation (NNPC)

NNPC gets NHIS’ accreditation to provide medical services

The Nigerian National Petroleum Corporation (NNPC) at the weekend secured the accreditation of the National Health Insurance Scheme (NHIS) to operate its Health Management Organization (NNPC-HMO) in its quest to provide qualitative healthcare services to Nigerians.

Anambra monarch alleges plan to burn palace

The Igwe of Umueri in Anambra East Local Government Area, Ben Emeka, has alleged that some persons in the community plan to burn down his palace over a leadership dispute.

Chinese police launch probe after gun found in FedEx package

Police in Fuzhou, southeast China’s Fujian Province, said on Sunday that an investigation had been launched into a case involving a FedEx package containing a gun.
Former Nigeria international and coach Samson Siasia has denied any wrongdoing after he was slapped with a lifetime ban by Fifa on Friday.

Samson Siasia vows to clear name after Fifa ban

Former Nigeria international and coach Samson Siasia has denied any wrongdoing after he was slapped with a lifetime ban by Fifa on Friday.

Former minister seeks apology from IPOB over attack on Senator Ekweremadu

A former Minister of Aviation, Chief Osita Chidoka has condemned the attack on the immediate past Deputy Senate President of Nigeria, Senator Ike Ekweremadu in Germany, Saturday by miscreants saying ‪’I demand an apology by perpetrators of this unwarranted attack on Senator Ike Ekweremadu. I condemn it.‬”‘