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The Vice President, Prof. Yemi Osinbajo, on Saturday reiterated the commitment of the Federal Government towards free and compulsory education of the first nine years of a child school life across the country.

VP Osinbajo: Finance act will stimulate Nigerian economy

Vice-President Yemi Osinbajo on Saturday asserted that the Finance Act 2020 would stimulate the Nigerian economy and put the country on the path of geometric economic growth.

FABDA: Aquaculture a lucrative business

Managing Director, Anambra State Fisheries and Aquaculture Business Development Agency (FABDA), Mr. Emeka Iloghalu, says aquaculture is a very lucrative business and calls on youths to key into .
The African Agricultural Technology Foundation, AATF, has emphasized that hope for Africa’s agricultural development lies deeply in sustainable technology and innovation.

AATF: Africa’s agric development lies in sustainable technology, innovation

The African Agricultural Technology Foundation, AATF, has emphasized that hope for Africa’s agricultural development lies deeply in sustainable technology and innovation.
President Muhammadu Buhari on Monday signed into law the Finance Bill 2019 (now Finance Act), which among other objectives, seeks to increase government revenue while supporting struggling small businesses in Africa’s largest economy.

New finance law will have ‘significant’ impact on businesses in Nigeria

President Muhammadu Buhari on Monday signed into law the Finance Bill 2019 (now Finance Act), which among other objectives, seeks to increase government revenue while supporting struggling small businesses in Africa’s largest economy.
Minister of Communications and Digital Economy, Dr. Isa Ali Pantami

Federal government tackles states over outrageous telecoms right of way charges

The Federal Government has frowned over the disregard of agreed Right of Way charges by some states and increased their own charges by over 1000 per cent.
The partial closure of Nigeria’s land border with neighbours will continue beyond January 2020 and will only be terminated until the set objectives are achieved.

Border closure best for Nigeria – Catholic priest

Rev. Fr. Kizito Fogos, the Parish Priest of Church of Assumption Chongo’ Pyeng, Jos, says the decision by the Federal Government to close the nation’s land borders is the best for the country.
Minister of Communications and Digital Economy, Dr. Isa Ali Pantami

Minister explains reasons for digital economy drive in Nigeria

The Minister of Communications and Digital Economy, Isa Pantami, has justified the necessity, appropriateness and significance of the re-designation of the Federal Ministry of Communications as Federal Ministry of Communications and Digital Economy (FMoCDE) in October 2019 by President Muhammadu Buhari, as he recalled the modest strides of the ministry and strategy for accomplishing the digital economy policy for national development.

Minister: No cause for alarm over Nigeria’s debt profile

The Federal Government has assured Nigerians that there is no cause for alarm over the country’s debt profile both domestic and external as being speculated by scaremongers.
Former President Olusegun Obasanjo has listed what Nigeria should do to have access to $12 trillion “dormant funds”.

Ex-President Obasanjo: Nigeria needs economic re-engineering to avoid bankruptcy

Former President Olusegun Obasanjo has declared that the nation is on the verge of bankruptcy and that it would take a great economic reengineering to avert this.
Along with Benin, Niger, which shares a 1,500-kilometre (900-mile) border with Nigeria, has been badly hit by the closure of Nigeria’s border.

Border closure: Businesses’ll continue to suffer – OPS

As the Federal Government says there is no terminal date for the reopening of the borders with its West African neighbours, the organised private sectors have said that exporters and businesses will continue to suffer.
The CFA franc is facing growing opposition in parts of West and central Africa. Critics say the common currency has hampered the region's economic growth while France profits.

West African countries rename common currency, sever its links to France

Eight West African countries Saturday agreed to change the name of their common currency to Eco and severed the CFA franc’s links to former colonial ruler France.
Zainab Ahmed

More than 56 percent capital funds in 2019 budget released – minister

The federal government has so far released more than 56 per cent of the approved expenditure for capital projects in the approved 2019 budget, Minister of Finance, Budget and National Planning, Zainab Ahmed, has said.
Babajide Olusola Sanwo-Olu

Lagos commissioner lists governor’s achievements, speaks on fourth mainland bridge

The Lagos State Government on Sunday gave an account of the progress recorded in the last 200 days of the Babajide Sanwo-Olu administration.
The Minister of Agriculture and Rural Development, (FMARD), Sabo Nanono, says the Federal Government is committed to ensuring the take-off of University of Agriculture, Zuru, Kebbi, in 2020.

Minister: Why Bank of Agriculture is still in distress

The Minister of Agriculture and Rural Development, Malam Sabo Nanono, said the Bank of Agriculture(BOA) was still in distress because no concrete effort was made to recapitalise it in spite of pronouncements in the past.
Senate President Ahmed Lawan 2

Senate raises concerns on mounting unemployment in the country

The Senate on Wednesday waded into the issue of unemployment in the country and recommended solutions to the executive arm of government for adoption and implementation.
President of the Senate, Ahmad Ibrahim Lawan (left) with the Senate Minority Whip, Senator Philip Tanimu Aduda, during the plenary on Tuesday, November 19, 2019. 5

Senate raises concerns on mounting unemployment in the country

The Senate on Wednesday waded into the issue of unemployment in the country and recommended solutions to the executive arm of government for adoption and implementation.

Central bank: 40 per cent of foreign credits in Nigeria’s economy dangerous

The Central Bank of Nigeria (CBN) has revealed that 40 per cent of the total credits available in the economy, especially in the capital and money markets are from foreign holdings.

DMO explains Nigeria’s external borrowings

According to the statement, this request is not a new one as being perceived but rather it represents those borrowings which have been submitted to the National Assembly but are yet to be approved before the expiration of the 8th Assembly.

Recent Stories

Businessman sent to prison over alleged N42 million fraud

A 42-year old businessman, Joshua Alele Momodu has been ordered remanded at the Ikoyi Correctional Facility, Ikoyi, Lagos pending when he will be able to perfect the bail conditions granted him by an Igbosere Chief Magistrates’ Court for allegedly obtaining the sum of N42 million from the management of Adeeman Nigeria Limited under false preference.

Man bags six months imprisonment for stealing yams

A Dutse Grade 1 Area Court, Abuja on Friday sentenced a 20-year-old man, Aliyu Musa, to six months imprisonment for stealing yams valued at N100,000.
In 2016 while inspecting ongoing projects in the state, Rivers State Governor, Nyesome Wike said his administration had built over 200 roads and bridges in the state.

Governor Wike lobbying to join APC – party leaders

The major stakeholders of the All Progressives Congress (APC) in the 20 wards of Port Harcourt City council area (PHALGA) of Rivers State have accused Governor Nyesom Wike of desperately lobbying to join the APC, since the former Vice-President, Alhaji Atiku Abubakar is not allowing him (Wike) to take over the People’s Democratic Party (PDP).
Enyimba International Football Club of Aba on Sunday booked a spot in the group stage of the CAF Confederation Cup following a 2-1 away win against South African side TS Galaxy.

Enyimba chase consolidation points against Agadir

Confederation Cup campaigners Enyimba have a good chance of pushing closer to the next round as the host Hassania Agadir of Morocco on Sunday.
The Vice President, Prof. Yemi Osinbajo, on Saturday reiterated the commitment of the Federal Government towards free and compulsory education of the first nine years of a child school life across the country.

VP Osinbajo: Finance act will stimulate Nigerian economy

Vice-President Yemi Osinbajo on Saturday asserted that the Finance Act 2020 would stimulate the Nigerian economy and put the country on the path of geometric economic growth.