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$600 million steel plant to create 3,000 jobs, save forex

The Group Managing Director, African Industries Group, Mr. Alok Gupta, on Thursday said Nigeria will gain a lot from the company’s huge $60 0million steel plant in Kaduna State.

Central bank urges cottton farmers to pay up Anchor Borrowers loans

The Central Bank of Nigeria (CBN) has urged the leadership of the National Cotton Association of Nigeria (NACOTAN), to prevail on the 30, 000 cotton farmers in Kano state who benefited from the Anchor Borrower programme to ensure prompt payment of the loan facility.
Bolivian President Evo Morales said on Sunday he would resign after the military suggested he step down and allies resigned amid a fierce backlash to a disputed election last month.

Bolivia’s President Evo Morales announces resignation

Bolivian President Evo Morales said on Sunday he would resign after the military suggested he step down and allies resigned amid a fierce backlash to a disputed election last month.
The minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed this on Tuesday during her maiden meeting with top officials of the two merged ministries at the headquarters of Budget and National Planning in Abuja.

Nigerians anticipate price hikes as federal government raises VAT to 7.2 percent

Nigerians should gird their loins in expectation of further price hikes in prices of general services and commodities in just a few days from now.

AfCFTA: Afreximbank okays $500 million for Nigerian manufacturers

The African Export-Import Bank (Afreximbank) has approved a $500 million facility to enable Nigerian manufacturers take full advantage of the opportunities offered by the African Continental Free Trade Agreement (AfCFTA).

Border closure: Federal government urged to cushion effects of rising prices of foodstuffs

Traders and consumers have lamented the rising costs of foodstuffs and others commodities following the closure of the border between Nigeria and the Republic of Benin by the Federal Government on Thursday, August 20.

UN launches new Zimbabwe appeal as millions face food crisis

The UN food agency on Tuesday launched a $331-million appeal for aid donations to feed millions of people in crisis-hit Zimbabwe, which is reeling from a drought and the high cost of food.

Federal government moves to address low freight activities in Kano airport

The Federal Government on Thursday said it was set to proffer solutions to the challenges identified to be causing low airfreight activities at the Kano international airport.
Morocco has suspended its participation in the Saudi-led military coalition's fight against Yemen's Houthi rebels, government officials have said.

Morocco suspends participation in Saudi-led war in Yemen

Morocco has suspended its participation in the Saudi-led military coalition's fight against Yemen's Houthi rebels, government officials have said.
President Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted into savings of over $21 billion.

Muhammadu Buhari applauds Nigerians over $21 billion savings on food import, promises greater strides

President Muhammadu Buhari lauds Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted into savings of over $21 billion
Former Jigawa State Governor Sule Lamido

Ex-Governor Lamido: Nigerians are starving under President Buhari

A People’s Democratic Party presidential aspirant, Sule Lamido, has stated that Nigerians, under President Muhammadu Buhari, have been starved to the extent that they cannot protest hike in the prices of essential commodities in the country.

China slams Donald Trump’s ‘irresponsible and absurd logic’ on North Korea

China on Thursday derided the “irresponsible and absurd logic” of the United States after President Donald Trump accused Beijing of making Washington’s relationship with North Korea more difficult.
Donald Trump

Trade war: American consumers face prospect of higher prices for everyday goods

The US economy may be roaring ahead, but American consumers face the prospect of paying more for everyday goods, due in part to trade tariffs.

IMF: Nigeria to grow by 2.1 percent this year

The International Monetary Fund says Nigeria, the sub-Saharan Africa’s most-populous nation and top crude producer, will grow by 2.1 per cent this year, matching the lender’s estimate released in January.

Recent Stories

Jimi Agbaje: I’m not APC’s mole

The Peoples’ Democratic Party (PDP) Governorship Candidate in the 2019 General Elections, Mr Jimi Agbaje, has debunked allegations that he was a mole of the All Progressives Congress (APC) during the polls.
In a bid to tackle future disease outbreaks in the country, the Lagos State biosafety laboratory has began operations, the state Commissioner for Health, Prof. Akin Abayomi, has said.

Lagos: Lassa fever patient is law student from Ebonyi

The Lagos State Government says it has placed the 63 people who had direct contact with index Lassa fever case under surveillance.
Nigerian forward Odion Ighalo made his first appearance for Manchester United in their Monday night premier league clash with Chelsea.

Ole Gunnar Solskjaer lists two Odion Ighalo’s skills needed by Manchester United

Manchester United coach, Ole Gunnar Solskjaer, has listed some attributes of ex-Super Eagles striker, Odion Ighalo.
The Minister of Power, Mr Saleh Mamman, has assured Nigerians that effective metering will tackle the challenges of liquidity and energy theft in the power sector.

Nigeria can’t continue to subsidise power – minister

It called on Distribution Companies in the country to improve on their financial and technical capacity to deliver or the government would intervene more directly to find solutions to darkness.
Glasgow Rangers manager Steven Gerrard says he does not regret criticizing Nigerian midfielder Joe Aribo and his teammates following the recent bad performances.

Kaka: Steven Gerrard was better than Paul Scholes, Frank Lampard

Scholes set the tempo throughout his career at Manchester United, Lampard scored ridiculous amounts of goals from midfield for Chelsea and Gerrard was captain fantastic during his time at Liverpool.