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Buhari Media Organisation (BMO)

BMO: World Bank’s poverty report correct, incomplete

The Buhari Media Organisation has described the 2019 Nigeria economic update by World Bank as correct but incomplete.

CSO: Ogoniland lost N4 trillion to oil pollution in 60 years

The Founder and President of Ogoni Liberation Initiative (OLI), a civil society group in Nigeria concern with ensuring the restoration of Ogoni polluted environment, Dauglas Fabeke, has said that Ogoniland has suffered an estimated economic loss over N4 trillion due to oil spill in the last 60 years.

UN warns of mass starvation in Zimbabwe as drought bites

A United Nations expert has warned of a looming mass starvation in Zimbabwe as the effects of a severe drought and a collapsing economy take their toll.
The Chief Executive Officer (CEO), First Bank of Nigeria Limited, Adesola Adeduntan, has said the introduction of FirstGem, a female-focused product by the bank has contributed to the development of the Nigerian economy.

Adesola Adeduntan: First Bank drives economic development with FirstGem

The Chief Executive Officer (CEO), First Bank of Nigeria Limited, Adesola Adeduntan, has said the introduction of FirstGem, a female-focused product by the bank has contributed to the development of the Nigerian economy.
Disclosing this at the closing ceremony of the 2019 Youth Academy Leadership Camp held at Lagos State Emergence Camp, Igando, the Permanent Secretary, Ministry of Youth and Social Development, Mrs Yewande Falugba, revealed that engagement of youths in the advancement of the socio-cultural, economic, political structure of the nation is inevitable.

Lagos government committed to improving creative energy of youths

The Lagos State Government has reinstated its commitment to improving the creative energy of youths across the state, insisting that youth plays a prominent role in the sustainability of national development.

AfCFTA: Group entertains fear over Nigeria’s immediate benefits

Leadership of the Association of Nigeria Customs Licensed Agents, ANLCA, has expressed worries on what Nigeria stands to gain from the commencement of the African Continental Free Trade Agreement, AfCFTA, being a consumption based nation, and one with myriads of import/export control mechanism.
Vice-President Yemi Osinbajo stated this today while performing the ground breaking of Wagon Assembly Plant at Kajola in Ifo Local Government Area of Ogun state.

VP Osinbajo recommends solution to tackle insurgency

Vice President Yemi Osinbajo has called for enhanced synergy and strategic security policy between Nigeria and neighbouring countries in the war against terrorism and violent extremism in Nigeria and neighboring countries.
Sustained economic sabotage by vandals on Nigeria’s oil-exporting Nembe Creek Trunk Line (NCTL) has led to significant losses in production, operator Aiteo Eastern Exploration and Development Limited said on Sunday.

Vandals hit Nigeria’s oil export trunk line – Aiteo

Sustained economic sabotage by vandals on Nigeria’s oil-exporting Nembe Creek Trunk Line (NCTL) has led to significant losses in production, operator Aiteo Eastern Exploration and Development Limited said on Sunday.
An NGO, Marie Stopes International Organisation Nigeria (MSION), has urged media practitioners to advocate for the adoption of family planning methods for healthier and productive families.

Marie Stopes charges media practitioners on on family planning

An NGO, Marie Stopes International Organisation Nigeria (MSION), has urged media practitioners to advocate for the adoption of family planning methods for healthier and productive families.
Protesters attend a demonstration to mark the first anniversary of the yellow vest movement in Nantes, France, Nov. 16, 2019.

Yellow vest protesters mark anniversary with rallies, violence

France's yellow vests staged demonstrations Saturday to mark the one-year anniversary of a protest movement for greater economic justice that once captured international headlines.

Nigeria, IOM launch border management information system at largest airport to date

Nigeria, like many countries, recognizes the economic, social and political benefits of international mobility.
The Lagos State Commissioner for Local Governments and Community Affairs, Mrs. Yetunde Arobieke, has admonished public officials working in the 57 Local Governments/Local Council Development Areas of the State to rise above the traditional constraints and old ways of doing things and begin to think globally, but act locally to facilitate the achievement of the developmental agenda and blueprint of the State Government in all sectors of the State’s economy.

Lagos: Public servants must think globally, but act locally

The Lagos State Commissioner for Local Governments and Community Affairs, Mrs. Yetunde Arobieke, has admonished public officials working in the 57 Local Governments/Local Council Development Areas of the State to rise above the traditional constraints and old ways of doing things and begin to think globally, but act locally to facilitate the achievement of the developmental agenda and blueprint of the State Government in all sectors of the State’s economy.
Notwithstanding the revenue increase the Nigerian Customs Service, NCS, said it has achieved with the on-going partial border closure, exporters are counting their losses as countries within the Economic Community of West African States, ECOWAS, sub-region have started rejecting Nigerian cargoes, apparently, as a form of retaliation against the land border closure.

Border closure: ECOWAS countries reject Nigerian goods

Notwithstanding the revenue increase the Nigerian Customs Service, NCS, said it has achieved with the on-going partial border closure, exporters are counting their losses as countries within the Economic Community of West African States, ECOWAS, sub-region have started rejecting Nigerian cargoes, apparently, as a form of retaliation against the land border closure.
Kayode Fayemi

Governor Fayemi: Federal government to support artisanal mining operators

Dr. Kayode Fayemi, Ekiti State governor, has hinted that the Buhari-led Federal Government was giving a lot of attention to the mining sector, in addition to the support from development partners.
Kayode Fayemi

Ekiti governor, minister seek stakeholder buy-in for mining sector

Ekiti State Governor Kayode Fayemi and the Minister of Mines and Steel Development, Olamilekan Adegbite, have called for stakeholders’ buy-in for the exploitation of economic opportunities in Nigeria’s mining sector.
The Kayode Fayemi administration in Ekiti State says it has defrayed inherited debts to the tune of 31 billion naira since assumption of office.

Ekiti governor advocates increased budgetary allocation to solid mineral sector

Gov. Kayode Fayemi of Ekiti State has called for increased budgetary allocation to the solid mineral sector to promote growth.

Nigeria’s Diaspora policy ready soon – NIDCOM chief

Nigeria will soon have a Diaspora Policy, according to the Chairman of the Nigerians in Diaspora Commission, Mrs. Abike Dabiri-Erewa.
At last, the Lagos State House of Assembly has passed the 2019 budget presented to it by Governor Akinwunmi Ambode in February.

Local economy in Lagos threatened by foreign nationals – lawmakers

Members of the Lagos State House of Assembly have raised the alarm over commercial activities by some players and producers considered inimical to existence and growth of local markets and entrepreneurship in the state.

Recent Stories

Chinese Embassy donates 32 laptops, stationery, others to Nyanya primary school

Chinese Embassy on has donated 32 laptops, generator, and other stationery to China-Assisted Model Primary School in Nyanya, Abuja to help enhance their computer skills.
Former Nigeria international Mutiu Adepoju has stated that invitation of players to the national team should be kept open as long as Nigerian players continue to shine at club level. Adepoju speaking in a chat with newsmen after Nigeria and Bordeaux player Josh Maja got a hattrick of goals in Bordeaux’s 6-0 thrashing of Nimes in Tuesdays night’s Ligue un clash.

Josh Maja named in French Ligue 1 Team of the Week

Girondis Bordeaux forward Josh Maja has been named in the French Ligue 1 team of the week following his scintillating performance for the club in Tuesday night 6-0 thrashing of Nimes.
Democratic Republic of Congo

Militia beheads 16 people in new DR Congo massacre – civil society

Suspected militia fighters have decapitated 16 people in a new village massacre near Beni in northeastern Democratic Republic of Congo, civil society sources said on Friday.
The Controller General of Nigerian Correctional Service, Ja’afaru Ahmed, has set up a panel to investigate Ikoyi Prisons following the exposure of corrupt practices in Nigerian prisons by Fisayo Soyombo, an undercover journalist.

Federal government suspends eight officials over electrocution at Ikoyi Custodial Centre

The Civil Defence, Correctional, Fire and Immigration Services Board, CDCFIB, has approved the suspension of seven senior officers and one junior personnel of the Nigerian Correctional Service over the unfortunate electrocution of 5 inmates of the Medium Security Custodial Centre, Lagos in order to facilitate unfettered investigation into the said incident.

Amosun, 3,000 others defect to PDP in Ogun

A candidate of the House of Representatives election in Ogun state, Akeem Amosun, has defected to the People’s Democratic Party(PDP), ahead of the Local Government elections expected to be conducted in the state next year and general elections in 2023.