Economic Growth
Moody’s downgrades Nigeria over huge debt
As the Federal Government is seeking the approval of the National Assembly to borrow about $30billion, the global financial ratings company, Moody’s Investors Service, has attributed its downgrade of the country’s rating to negative from stable as a result of the nation’s bloating debt profile.
China pledges to invest in Nigeria’s infrasrtucture, deepen bilateral relations
Mrs Guo Cui Duo, Vice President of Hebei Federation of Industry and Commerce, China, has promised to partner Nigeria through investment in infrastructure to deepen relations between both countries.
CITN: Apathy causes outcry against new tax regime
The President of Chartered Institute of Taxation of Nigeria (CITN), Dame Olajumoke Simplice, has blamed Nigerians’ outcry against the new tax regime on long period of apathy and lack of focus to make taxation the bedrock of government’s revenue mobilisation.
Economy: Niger governor calls for adjustment in governance
Governor Abubakar Bello of Niger on Sunday advocated structural adjustment in governance to boost economic growth and development in the country.
Osun is new investment destination
Osun State has been identified as the new investment destination in Nigeria with huge potential to generate revenue from agriculture, tourism, culture, among others.
Gani Adams attacks South-West governors over insecurity
The Are Ona-Kakanfo of Yorubaland, Gani Adams, again on Wednesday attacked South-West governors over their handling of the security of life and property.
Benue governor presents N189 billion budget for 2020
Governor Samuel Ortom of Benue on Tuesday presented a budget of N189 billion for 2020 to the State House of Assembly for approval.
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.
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.
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.
Federal government banks on solid mineral sector to diversify economy – ministry
The Permanent Secretary, Ministry of Mines and Steel, Abdulkadir Mu’azu, has said the Federal Government was banking on the solid mineral sector to diversify the country’s economy.
VP Osinbajo: How can we make Diaspora bonds work
Vice President Yemi Osinbajo says it is imperative for Nigeria to proffer solution on how Diaspora bonds and Diaspora mutual funds will work to boost the country’s economy.
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.
Jigawa government budgets N225.75 billion for 2020 fiscal year
Governor Muhammadu Badaru Abubakar of Jigawa State has budgeted N225.75 billion for 2020 fiscal year.
Fear of EFCC has curbed Nigerian excesses abroad
The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, says that the fear of the reach of the anti-fraud Commission has curbed public officers as well as private Nigerians living abroad from a lot of their known excesses, including booking entire hotels and blocking London streets for loud block parties.
Godwin Emefiele: Edo can generate 200,000 jobs from palm oil
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, said on Friday Edo State can generate more than 200,000 jobs and millions of dollars in foreign exchange from cultivation and palm oil processing.
Godwin Emefiele: Border closure will tackle all security challenges if sustained for two years
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele says if border closure is sustained for the next two years, issue of insurgency, banditry and kidnapping will be totally eradicated.
Fifty students for Edo University Iyamho’s first convocation ceremony
Fifty pioneer students of Edo University, Iyamho, will this Saturday graduate in the institution’s first convocation ceremony.
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Ebonyi governor presents 178 billion budget for 2020
Gov. David Umahi of Ebonyi on Friday, presented a budget of N178.1 billion for 2020 to the state House of Assembly.
Adams Oshiomhole welcomes Osagie Ize-Iyamu to APC, denies house arrest claims
The National Chairman of All Progressives Congress (APC), Adams Oshiomhole, has denied reports that he was placed under house arrest in Edo.
AEDC: Some Abuja residents to experience power disruption Saturday, Sunday
The Abuja Electricity Distribution Company (AEDC), says customers in parts of Central Area, Abuja will experience power interruption on December 14 and 15 due to maintenance of its facility. .
Kabiru Dogo set to dump Sunshine Stars over ‘interference’
Sunshine Stars head coach Kabiru Dogo may dump the Akure club in the coming days, revealed a source close to the gaffer.
Victor Osimhen misses late penalty in Lille’s home win against Montpellier
Super Eagles striker Victor Osimhen missed a late penalty but it was not enough to prevent Lille from beating visiting Montpellier 2-1 On the French Ligue 1 on Friday night.
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Presidency: We are not bothered about US, UK reports on’ human rights abuse’
Femi Adesina, presidential spokesman, says as a sovereign nation, Nigeria is not be bothered about the reports from the United States, United Kingdom and European Union as regards abuse of human rights issues.
Five Nigerian lifters for Olympic qualifiers in Doha
The Nigeria Weightlifting Federation (NWF), says it has selected five lifters to represent the country at the 6th International Qatar Weightlifting Cup slated for December 19 to 24 in Doha.
Marcus Rashford was wanted by Barcelona last spring
Manchester United star Marcus Rashford reportedly made contact in the past with Barcelona despite his obvious loyalties to his boyhood club.
Report: Apple’s China iPhone shipments fall 35% in November
Apple Inc’s iPhone shipments in China fell more than 35% in November, marking their second straight double-digit decline as sales of the cheaper iPhone 11 remained sluggish, brokerage Credit Suisse said on Thursday.
Governor Ortom: Reinhard Bonnke’s death a big blow to christendom
Benue State Governor Samuel Ortom has described the death of renown evangelist Reinhard Bonnke as a big blow to christendom and the entire world.