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The new bill titled, ” Constituency Development Fund Bill, 2019″ is sponsored on Tuesday by the former Senate Leader, Senator Ali Ndume, All Progressives Congress, APC, Borno South and was read the first time at the Hallowed Chamber.

Open defection: Senate pushes for more public toilets

The Senate has called on Federal, State and Local Governments to construct more public toilets to battle the growing scourge of open defecation in the country.
President of the Senate, Ahmad Lawan, presiding over the plenary in the upper chamber on Thursday, 3rd October, 2019.

Senate seeks tax holiday for agriculture, mining investors

The Senate on Thursday urged the Federal Government grant tax holidays to investors in the solid minerals sector to enhance investment.
The Minister of Mines and Steel Development, Olamilekan Adegbite, on Tuesday said the Federal Government had been able to recover 25 sites from 2007 that the programme started.

Illegal mining: Federal government inaugurates 14-man committee to block leakage

The Federal Government has inaugurated a 14-man ministerial committee focused on closing leakages, tackling illegal mining and enhancing generated revenue from the mining sector.
The Minister of Mines and Steel Development, Olamilekan Adegbite, on Tuesday said the Federal Government had been able to recover 25 sites from 2007 that the programme started.

Federal government to lift 100 million Nigerians out of poverty through diversification of economy

The Federal Government through the Ministry of Mines and Steel Development is committed to lifting about 100 million Nigerians out of poverty in the next 10 years through the diversification of the economy from crude oil to solid minerals exploration and exportation.
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.

Moody’s lowers India’s credit outlook to negative

Moody’s Investor Service has lowered India’s credit ratings outlook to negative, saying its decision reflected increasing risks of a prolonged slowdown and rising debt.
The Speaker of the House of Representatives, Femi Gbajabiamila, has called for an improved welfare package for teachers in Nigerian as they join their colleagues globally to mark this year’s World Teachers’ Day. 8

House of Reps investigates implementation of NOGICD Act

The House of Representatives has launched an investigation into the implementation of local content in line with the provisions of the Nigerian Oil and Gas Content Development Act (NOGICD) with a view to determining the degree of compliance in the Industry.

Telecom operators kick as federal government orders NCC to reduce data cost

Telecom operators in Nigeria said yesterday that the directive by the Federal Government that cost of data should be reviewed downward in five days is “unrealistic and insensitive” considering the high operating cost in the country.

Nigeria on steady economic growth – central bank chief

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, said on Monday that Nigeria’s economic outlook remained positives despite the current global uncertainties.

Expert hails federal government’s refinery deal with Russia

An oil industry expert and senatorial aspirant in the last general election in Abia state, Mr Chinedu Onyeizu, has commended the Federal Government for signing a government backed partnership with Russia to revamp the nation’s refinery.

Godwin Emefiele: CBN’s unconventional growth policy paying off

Central Bank of Nigeria Governor, Godwin Emefiele, has said that ensuring price stability and growing the nation’s economy through unconventional policy is paying off.
A pro-democracy protester throws a fire bottle towards riot police during a rally against police brutality in Hong Kong, China, 27 October 2019 Lynn Bo Bo-EPA

Hong Kong falls into first recession in a decade

Hong Kong slid into recession for the first time in a decade in the third quarter, weighed down by increasingly violent anti-government protests and the protracted U.S.-China trade war.
National Bureau of Statistics NBS

NBS: Service sector contributed N1.2 trillion to Edo’s GDP in 2017

The Nigeria Bureau of Statistics (NBS) has said that Edo state’s service sector contributed N1.2 trillion to its N2.3 trillion Gross Domestic Product (GDP) in 2017.
Access Bank has unveiled a new brand logo to reflect its new status following the completion of its merge with Diamond Bank.

Access Bank lifts creative industry with N20 billion facility

Access Bank Plc has announced the disbursement of N20 billion loans to beneficiaries in the entertainment industry under the Creative Industry Financing Initiative (CIFI) of the Central Bank of Nigeria. The fund, which represents the first tranche of the loans, was made accessible to the borrowers in the sector.

Godwin Emefiele: N100 billion needed to revive cotton, textile, garment sub-sector

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says more than N100 billion is needed to revive Cotton, Textile and Garment (CTG) sub sector.
Recently, Lagos State governor, Mr. Babajide Olusola Sanwo-Olu, signed the $629 million financing facility aimed at completion of the Lekki Deep Seaport project.

Lagos and the prospect of Lekki Deep Seaport

Recently, Lagos State governor, Mr. Babajide Olusola Sanwo-Olu, signed the $629 million financing facility aimed at completion of the Lekki Deep Seaport project.

Recent Stories

DSS: Only Omoyele Sowore’s sureties can effect his release

The Department of State Services has defended the continued detention of Omoyele Sowore, convener of the #RevolutionNow protests.

Brexit: Boris Johnson will probably win this election – Nigel Farage

British Prime Minister Boris Johnson will probably win the Dec. 12 election with a small majority but the campaign has so far been uninspiring with a host of unrealistic promises on both sides, Brexit Party leader Nigel Farage said on Tuesday.
Enoch Adeboye

Pastor Adeboye donates dialysis machine to UCH Ibadan

As the University College Hospital, Ibadan marked its 62nd founder’s day yesterday, the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye donated a dialysis machine worth N10m to help patients with kidney problems across the country.

Court adjourns Senator Suswam’s fraud trial till November 26

Justice Okon Abang of the Federal High Court, Abuja, on Tuesday, adjourned the fraud trial of former Benue State Governor, Gabriel Suswam, till November 25 and 26.

Bayelsa guber: Governor Dickson tenders ‘video evidence’ of electoral fraud, violence in Nembe, Ogbia,...

Governor Seriake Dickson has tendered a video evidence in support of the killings and election violence that characterised the conduct of last Saturday’s governorship election in Nembe local government area and some other parts of the state.