Investment
Udoma Udoma: 2.5 million Nigerian children malnourished
Minister of Budget and National Planning, Senator Udoma Udo Udoma, on Monday disclosed that about 2.5 million children under the age of five years might be in danger of being afflicted by severe acute malnutrition in Nigeria.
Barth Nnaji: Consistent implementation of energy policy key to steady electricity
Former Minister of Power Prof Barth Nnaji has urged government and stakeholders in the energy sector to be consistent in implementing energy policies to enable the country to achieve steady electricity.
NACCIMA asks Nigerians in diaspora to ‘come home and invest’
The National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has advised Nigerians in diaspora to come home and invest.
NACA: Nigerian HIV Trust Fund to be functional March 2019
The National Agency for the Control of AIDS (NACA) says the Nigerian HIV/AIDS Trust Fund will be functional by March 2019.
Yemi Osinbajo: N-Power to accommodate one million beneficiaries
The N-Power programme of the Muhammadu Buhari-led administration will be expanded to accommodate 1 million beneficiaries in the next phase, Vice-President, Prof. Yemi Osinbajo says.
Lai Mohammed: Federal government spends N2.7 trillion on agriculture, infrastructure
The Minister of Information and Culture, Alhaji Lai Mohammed, has said that the Federal Government expended N2.7 trillion on agriculture and provision of other critical infrastructure in the 2017 budget.
Stakeholders unveil strategies to deepen Nigeria’s debt market
Critical steps required to deepen Nigeria’s debt market was the focus of discourse in Lagos as the Annual Bonds, Loans and Sukuk Nigeria Conference was held in the Nigerian commercial capital on November 6, 2018 at the Eko Convention Centre.
National Assembly slashes funds from presidency, ministries to fund 2019 elections
The Senate and the House of Representatives had approved that the sum of N242 billion be taken from Service Wide Votes for the Independent National Electoral Commission (INEC) and security agencies to conduct the 2019 elections.
Yemi Osinbajo to attend 1st African Investment Forum in South Africa
Vice President, Prof Yemi Osinbajo, will depart Abuja on Wednesday for South Africa to attend the Africa Investment Forum organised by the African Development Bank (AfDB).
Prince Charles, monarchs discuss insecurity, girl-child education
The Prince of Wales, Prince Charles, met with some traditional leaders to discuss, among other issues, peace and security, and educating the girl-child.
Ikogosi: Ayodele Fayose left Ekiti heritage in ruin – Kayode Fayemi
A tour by Ekiti State Governor, Kayode Fayemi, and top government officials to access the premises of Ikogosi Warm Spring Resort was made almost impossible due to its deplorable state.
Asian stocks sink as risk sentiment sours
Asian stocks sank on Monday as fears of faster rate hikes in the United States and uncertainty around the Sino-U.S. trade war deterred investment in riskier assets.
Ibe Kachikwu: Nigeria is Africa’s strongest economy, investors’ haven
Nigeria has been declared as the strongest economy in Africa and the most profitable investment destination in the world.
Niger PDP’s Umar Nasko wants Abubakar Sani-Bello to account for N500 billionn
The governorship candidate of the People Democratic Party (PDP) for 2019 election in Niger State, Alhaji Umar Nasko, has accused the All Progressive Congress (APC) led administration in the state of squandering N500 billion in the last three years without anything to show for it.
Justice Adama Lamikanra suggests alternative dispute resolution of investment, security matters
The Chief Judge (CJ) of Rivers, Justice Adama Iyayi-Lamikanra, has suggested the use of Alternative Dispute Resolution (ADR) mechanisms in resolving matters arising from investment and securities.
UNCTAD: Egypt remains Africa’s largest recipient of FDI
The UN Conference on Trade and Development (UNCTAD) says Egypt remains the top destination of foreign direct investment (FDI) in Africa.
Yemi Osinbajo: Nigeria requires $1 trillion to modernise energy infrastructure
Vice President, Yemi Osinbajo, says 1 trillion dollars is required to modernise Nigeria’s energy infrastructure in 29 years.
Stakeholders: Technology can accelerate Nigeria’s development
With the theme, “Human Capital Development and Investments through technology; a case study of Ondo State, Nigeria” each sector was able to lay bare practical steps they have been able to take in order to address issues around achieving sustainable development goals through strategic investment.
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Report: Africa expected to be world’s next big growth market
Africa will become the world’s next big growth market, akin to the Asian boom, McKinsey, a management consulting firm said on Tuesday.
Akinwunmi Ambode: Lagos committed to industrial growth
Lagos State Governor, Akinwunmi Ambode, has pledged to continue formulating and implementing policies and programmes that would consolidate the state’s position as the industrial and commercial hub of Nigeria.
Council defends dismissal of 20 LASU staff members
Prof. Adebayo Ninalowo, Chairman, Governing Council, Lagos State University (LASU) has said that the recent dismissal of 20 staff of the university is in accordance with rule of law.
Anthony Anenih for burial December 1
The former Chairman of the Board of Trustees of the Peoples Democratic Party (PDP), Chief (Dr) Anthony Akhakon Anenih, CFR, the Iyasele of Esanland, who died on Sunday, October 28, 2018 in Abuja, will be buried on Saturday, December 1, 2018, in his Mausoleum, at his country home in Uzenema-Arue, Uromi, Edo state.
Juliet Ibekaku-Nwagwu: APC is now united in Enugu
Mrs Juliet Ibekaku-Nwagwu, the All Progressives Congress (APC) candidate for Enugu West senatorial Zone, says the party is no longer factionalised in the state.
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Sokoto Assembly accepts deputy governors resignation
Sokoto State House of Assembly has accepted the resignation of the Deputy Governor, Ahmad Aliyu.
Nissan chairman arrested for allegedly violating financial law in Japan
Carlos Ghosn, chairman of the Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. alliance, was arrested Monday evening for allegedly violating a financial law involving the 64-year old misreporting his corporate salary and using the company’s money for his own purposes.
Biafra: Court orders forfeiture of N300 million bonds over Nnamdi Kanu’s absence
A Federal High Court in Abuja has ordered the interim forfeiture of the N300 million bail bonds by sureties to Nnamdi Kanu following their failure to produce him in court on Tuesday.
Enyimba’s Theophilus Afelokhai thrilled to return to Super Eagles
Enyimba goalkeeper Theophilus Afelokhai has said he is excited to return to the Super Eagles after he was first called up three years ago.
Kwara PDP rejects Rep bye-election results
The Peoples Democratic Party (PDP) in Kwara state has rejected the results of the bye-election conducted in Ekiti/Irepodun/Isin/Oke-Ero Federal Constituency.