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Economic Development

The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN sensitizes Nigerians on products, policies

Speaking at the fair with the theme: Promoting Financial Stability and Economic Development at Sultan Maccido Quranic institute, Sokoto, the CBN Governor Mr Godwin Emefiele said this was to enlighten the general public about the products and interventions of the bank to grow the nation’s economy.
The All Progressives Congress has named the Governor of Kogi State, Yahaya Bello as chairman of its Ondo State Governorship Primary Election Committee.

Kogi constitutes 36-member economic advisory council

Kogi state government has constituted a 36-member Economic Advisory Council (EAC) to provide evidence-driven decision making and rigorous evaluation of the economy.
Nigerians must come together and reject the agents of anarchy seeking to cause chaos for their own selfish interests, Vice President Yemi Osinbajo declared in Imo.

VP Osinbajo: We must reject agents of anarchy

Nigerians must come together and reject the agents of anarchy seeking to cause chaos for their own selfish interests, Vice President Yemi Osinbajo declared in Imo.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that more private and public sector collaboration will be encouraged as Nigeria steps up effort to realise its target of boosting domestic gas utilisation.

President Buhari, Timi Sylva, Sanusi Barkindo tip gas as economic growth driver

President Muhammadu Buhari; Minister of State, Petroleum Resources, Chief Timipre Sylva; and the Secretary-General, Organisation of Petroleum Exporting Countries (OPEC), Dr. Sanusi Barkindo, yesterday underscored the need to drive the country’s economic development by tapping Nigeria’s enormous gas resources.
The Ekiti State Governor, Kayode Fayemi, on Tuesday, briefed Mr Buhari on the limitations of the distribution of palliatives to vulnerable persons to curb the economic impact of the coronavirus.

New councils: Ekiti governor receives committee report on LCDA creation

Ekiti State Governor Kayode Fayemi has set up of an inter-ministerial committee to oversee the implementation of findings and recommendations made by the Local Council Development Areas (LCDAs) Creation Committee.
Lagos lawyer and human rights activist, Femi Falana

Femi Falana: EFCC can mandate bank MDs, executives to declare assets

The Economic and Financial Crimes Commission (EFCC) is charged with the responsibility of enforcing the provisions of all laws relating to economic and financial crimes, Africa’s leading human rights lawyer, Mr. Femi Falana (SAN) has said.
President Muhammadu Buhari has approved the appointment of Mr Adedeji Zacch as the Executive Secretary of National Sugar Development Council (NSDC) for an initial term of four years.

President Buhari appoints Adedeji Zacch as NSDC scribe

President Muhammadu Buhari has approved the appointment of Mr Adedeji Zacch as the Executive Secretary of National Sugar Development Council (NSDC) for an initial term of four years.

Taraba herders, farmers seek government support on alternative feedstock for livestock

Herders and farmers in Taraba have solicited the support of the state government toward the production of alternative feedstock for livestock.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

NCC, CBN strategise on making Nigerians financially inclusive

The Executive Vice-Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has said that the commission and the Central Bank of Nigeria (CBN) were strategising on making Nigerians financially inclusive.
Doses of the Sputnik V (Gam-COVID-Vac) vaccine against the coronavirus disease (COVID-19) are seen at Ezeiza International Airport, in Buenos Aires, Argentina January 16, 2021. REUTERS-Agustin Marcarian

Zimbabwe authorises Sputnik V, Sinovac vaccines for emergency use

Zimbabwe has authorised the emergency use of four Covid-19 vaccines, including Russia's Sputnik V and China's Sinovac, the minister of information said on Tuesday.
FILE PHOTO - Ngozi Okonjo-Iweala poses outside a Nigerian diplomatic residence in Chambesy, near Geneva, Switzerland, September 29, 2020. REUTERS-Emma Farge-File Photo

Russia ready to cooperate with new WTO chief – minister

Russia is ready to cooperate with the newly-appointed Director-General of the World Trade Organisation, (WTO) Ngozi Okonjo-Iweala, whose experience and authority will allow her successfully resolve topical issues.
Nigeria’s former Ambassador to Ethiopia and Permanent Representative to the African Union, Bankole Adeoye, has been elected Commissioner for Political Affairs, Peace and Security of the African Union.

Bankole Adeoye elected AU commissioner for political affairs

Nigeria’s former Ambassador to Ethiopia and Permanent Representative to the African Union, Bankole Adeoye, has been elected Commissioner for Political Affairs, Peace and Security of the African Union.
Governor Abubakar Badaru Babura of Jigawa

Jigawa governor challenges Nigerian youths to be problem solvers

Badaru, who gave the challenge on Monday in Dutse, said that there was the need for youths to be digitally innovative in order to solve the nation’s challenges.
Governor Udom Emmanuel has asked the federal government and the Nigerian Air Force to immortalise the former Chief of Air Staff, late Air Marshal Nsikak Eduok (Rtd.), to reciprocate his selfless service and contributions to the country.

Akwa Ibom governor asks Nigerian government to Immortalise ex-CAS Nsikak Eduok

Governor Udom Emmanuel has asked the federal government and the Nigerian Air Force to immortalise the former Chief of Air Staff, late Air Marshal Nsikak Eduok (Rtd.), to reciprocate his selfless service and contributions to the country.
The Ekiti State Governor, Kayode Fayemi, on Tuesday, briefed Mr Buhari on the limitations of the distribution of palliatives to vulnerable persons to curb the economic impact of the coronavirus.

Ekiti disburses N100 million car loans to 278 civil servants

Barely two days after giving out over N60 million as housing loan to some teachers and other workers, Ekiti State Government has again disbursed another N100 million as car loans to 278 civil servants.

Nigeria owes World Bank, IMF, AfDB $31.98 billion – DMO

The Debt Management Office (DMO) says Nigeria took loans worth $31.98 billion from World Bank Group, International Monetary Fund (IMF), African Development Bank (AfDB) Group and others as of September 2020.
Sen. Sonni Ogbuoji, APC Guber candidate in Ebonyi State, accused of diverting Campaign funds, anti-party activities.

Senator Ogbuoji: 13 Ebonyi councils can’t give Governor Umahi presidential ticket

The two-time Senator who represented Ebonyi South zone at the National Assembly, Senator Sunny Ogbuoji, Friday counselled the leadership of the All Progressives Congress, APC, in Ebonyi State to be discreet and diplomatic in handling party affairs as the 13 Local Government Areas of the State do not have the capacity to give Governor David Umahi the Presidential ticket, if he (Umahi) decides to run for the position of the President in 2023.
The Government of Akwa Ibom has disclosed that the approval of 4.6 billion dollars Ibom Deep Seaport (IDSP) will create jobs for over 300,000 teeming youths in the state.

Ibom deep seaport to create over 300,000 jobs

The Government of Akwa Ibom has disclosed that the approval of 4.6 billion dollars Ibom Deep Seaport (IDSP) will create jobs for over 300,000 teeming youths in the state.

Akwa Ibom governor signs 2021 budget into law

The Governor of Akwa Ibom State, Mr. Udom Emmanuel, has assented to a N456.2 billion budget of Economic reconstruction for 2021 fiscal year, while reassuring that all projects initiated by his administration will be completed.
The Judicial Commission of Inquiry set up by Governor Godwin Obaseki to investigate the construction of the Edo Specialist Hospital and supply of equipment has indicted former governor, Adams Oshiomhole.

Edo council polls: Only persons with character will be elected – Governor Obaseki

Governor Godwin Obaseki of Edo State on Tuesday reassured that only competent persons with character and proven integrity would be elected as chairmen and councillors in the forthcoming local government election in the state.
Ifeanyi Okowa

Governor Okowa urges President Buhari to reconstitute NDDC board

Governor Ifeanyi Okowa of Delta State has told President Muhammadu Buhari to reconstitute the Board of Niger Delta Development Commission, NDDC, holding that instability in the commission’s board has contributed to the systemic institutional failure of the agency.

Fourth Mainland Bridge: Lagos government, stakeholders reach environmental impact agreements

The Lagos State Government says it is running an all-inclusive government toward achieving quality road infrastructure delivery and seamless inter-connectivity, to eliminate gridlock in the state.

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The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police nab five for stealing N55 million cocoa export consignment

The Nigeria Police Force, NPF, has arrested five persons, Lawal Abiola; Afeez Rasaq; Akeem Gbolahan; Idowu Jelili and Safiriyu Oyebanji over alleged involvement in the stealing of a 40-foot container of Cocoa worth N55 million meant for export to the United States of America, USA.

JAMB scraps use of email for UTME, DE registration

The Joint Admissions and Matriculation Board (JAMB) has said the use of email is no longer required for the Unified Tertiary Matriculation Examination (UTME) and Direct Entry (DE) registration processes.
According to a report by the US Department of Justice (DOJ), Ifemembi, originally of Nigeria, was arrested in Maryland on Wednesday, April 7, 2020, on a federal charge that he obtained U.S. citizenship under a false name. It added that he made false statements to acquire U.S. citizenship, in addition to employment with USCIS.

Nigerian faces 10 years in jail for obtaining U.S. citizenship using fake identity

The United States authorities have charged 48-year old Modestus Nwagubwu Ifemembi to court over fraudulent claims he provided to obtain the US citizenship 10 years back.
The Registrar-General-Chief Executive, Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, yesterday said all accredited customers must revalidate their accreditation with the commission before the end of March or have their accounts suspended.

CAC aims to register new company within three hours

The Corporate Affairs Commission (CAC) says it will be possible for companies in Nigeria to be registered within three hours, before the end of 2021.
Gombe state Governor, Muhammadu Inuwa Yahaya has declared that the challenging experience the state went through in the 2020 fiscal year will be used to sharpen the vision of the government for the 2021 fiscal year and beyond.

Ramadan: Gombe governor calls for fervent prayers against insecurity

Muslim communities have been called upon to use the holy month of Ramadan to pray fervently against the challenges of insecurity as well as for unity and progress of the state and the nation as a whole.

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Solicitor General of the Federation and the Permanent Secretary, Ministry of Justice, Mr Adedayo Toba Apata, SAN, (Dayo Apata).

Ministry: N5.3 billion judgment debt payment followed due process

The Ministry of Justice has denied the payment of N5.3billion judgment debt without due process, saying the disbursement of the fund followed laid down procedure.
World heavyweight boxing champion, Anthony Joshua, says it is difficult ignoring criticisms from fans and pundits.

Anthony Joshua ready to accept venue offer for Tyson Fury fight

It seems the biggest heavyweight showdown in British boxing history has taken a huge step to becoming a reality after Anthony Joshua hinted he was ready to accept an official offer to face Tyson Fury.
FILE PHOTO - Britain's Prince Philip leaves King Edward VII's Hospital in London, Britain March 16, 2021. REUTERS-Peter Cziborra

Prince Philip was the gruff figure at heart of Britain’s monarchy

A blunt-speaking naval officer who as Queen Elizabeth’s dutiful consort helped modernise the British monarchy, Prince Philip might be best remembered for his gruff public persona.
FILE PHOTO - Demonstrators are seen before a clash with security forces in Taze, Sagaing Region, Myanmar April 7, 2021, in this image obtained by Reuters. Photo obtained by REUTERS.

Myanmar junta says protests are dwindling as at least 10 reported killed by troops

Myanmar’s junta said on Friday that a protest campaign against its rule was dwindling since people wanted peace, and that it would hold elections within two years, the first timeframe it has given for a return to democracy since its Feb. 1 coup.
A meeting of South-East governors, focused on security issues in the zone, has been scheduled for Sunday in Owerri, the Imo State capital.

IGP, commanders, Ohanaeze join South-East governors’ security meeting in Owerri

The governors, according to sources, are meeting to find a solution to the recent insecurity challenges facing the zone, particularly the recent jailbreak and attack on Imo Police headquarters that led to the release of over 600 suspects in police custody and 1,881 inmates at the Correctional Service Centre Owerri.