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Nigeria Economy

ITF: Nigerians lack skills to fill vacancies in 925 trades in Nigeria

Despite the increasing wave of unemployment in Nigeria, the Director General of Industrial Training Fund (ITF), Joseph Ari, said it was difficult and hard to fill in vacancies that existed in 925 trades in the country’s labour market due to lack of requisites skills.

Refinery: Federal government will source forex from Dangote – CBN chief

The Federal Government will soon start sourcing foreign exchange (forex) from Dangote Group, as soon as the latter’s refinery, petrochemicals and fertilizer projects come on stream.

Ministry: ERGP targets development of economic zones

The Ministry of Industry Trade and Investment, has said that the Economic Recovery and Growth Plan (ERGP) identified the development of Special Economic Zones (SEZs) as a major strategic tool to accelerate the implementation of the Nigeria industrial revolution plan (NIRP).
Jerry Gana, former Minister of Information

Jerry Gana: I will invest heavily in security if elected president

Prof. Jerry Gana, a presidential aspirant under the Social Democratic Party, has promised to invest heavily in security to stem current spate of insecurity in the country if elected.
Economic and Financial Crimes Commission (EFCC)

Civil society petitions EFCC over fraud in power sector

A civil society group, Empowerment for Unemployed Youth Initiative (EUYI), has petitioned the Economic and Financial Crime Commission (EFCC) over fraud against Nigeria by General Electric (GE) International and Rockson Engineering Nigeria Ltd.
Sokoto - Peoples Democratic Party - PDP - Attahiru Dalhatu Bafarawa

2019: Ex-Governor Bafarawa promises to restructure Nigeria if voted president

Former Gov. Attahiru Bafarawa of Sokoto State on Monday pledged to embrace restructuring and focus on the economy of the nation, if elected president in 2019.

CBN orders banks to give loans to agric, manufacturers at 9 percent

The Central Bank of Nigeria (CBN) will be refunding Cash Reserve Ratio (CRR) to banks that fund projects in agriculture and manufacturing sectors, its Director of Banking Supervision, Abdullahi Ahmad, has said.
Ayo Teriba

Economist: Nigeria must privatise more assets

Nigeria must urgently consider privatising her redundant assets to raise the required funds to grow the economy and ensure stability, Vice Chairman, Technical Committee of the National Council on Privatisation, Ayo Teriba, said.

APC inaugurates President Buhari campaign volunteers for 186 LGAs in North west

The All Progressive Congress (APC) North West chapter on Sunday inaugurated volunteers committed to propagating the achievements of President Muhammadu Buhari administration.

Kingsley Moghalu: Let’s retire President Buhari back to Daura in 2019

A presidential aspirant of the Young People’s Party, Prof. Kingsley Moghalu, has appealed to the people of Kano State to join hands with the rest of Nigerians to retire President Muhammad Buhari from Aso Rock in 2019.

NBS: Nigeria’s trade grew by N1.2 trillion to N7.2 trillion in Q1

Nigeria recorded an increase of N1.18tn in merchandise trade from N6.02tn in the fourth quarter of last year to N7.21tn in the first quarter of this year.

PDP: Nigeria’s economy in an emergency

The secretary of Peoples Democratic Party, PDP, South-East region, Mr. Chijioke Ekwegh, yesterday, said that Nigeria’s economy is in an emergency.

Ahmed Kuru: AMCON recovers N740bn from debtors in 2017

Mr Ahmed Kuru, the Managing Director, Asset Management Corporation of Nigeria (AMCON) on Friday said the corporation recovered N740 billion from debtors in 2017.

Ex-central bank deputy chief to speak at RIMAN conference

Former Deputy Governor of the Central Bank of Nigeria (CBN) and Chairman of the Federal Roads Management Agency (FERMA), Tunde Lemo, will deliver a keynote address at the Risk Managers Association of Nigeria’s (RIMAN) 18th yearly international conference and training.

Don’t turn to propaganda poster boy – PDP tells VP Osinbajo

The Peoples Democratic Party (PDP) has asked Vice-President Yemi Osinbajo not to belittle his high office by allowing himself to be used as poster boy to bandy figures and make unsubstantiated statements against the opposition.

Minister: Minimum wage not uniform wage for Nigerian workers

The Federal Government has laid to rest fears by employers of Labour and various state governments that the idea of the minimum wage was to impose on them a uniform pay package for workers in both the public and private sector of the Nigeria Economy.

How we print, spend millions of fake local, foreign currencies – suspects

The Osun State Commissioner of Police, Adeoye Fimihan, has confirmed the arrest of six persons in connection with the printing, selling and spending of fake local and foreign currencies.

No evidence Nigeria has exited recession – Issa Aremu

General Secretary of Textile union and NEC member of Nigeria Labour Congress (NLC), Issa Aremu, has said that there is no evidence to show that Nigeria has overcome the economic recession.

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Niko Kovac wants repeat of Bayern Munich’s defensive efforts at Anfield

Niko Kovac wants Bayern Munich to repeat their defensive performance from the Liverpool game when they return to Bundesliga action against Hertha Berlin on Saturday.
Victor Ezeji

Victor Ezeji: A Nigerian club will soon win CAF title

A Nigeria Professional Football League (NPFL) club will soon win a continental trophy.

Minister: Federal government to complete N5.5 billion road project in Osun

The Federal Government on Thursday said that it would complete the N5.5 billion Ila-Oragun-Ekanmeje road project, Osun, before the end of the year.

Former Enugu SSG Martin Ilo passes on

Mr Martin Ilo, one-time Secretary to the Enugu State Government under former Gov. Sullivan Chime’s administration, has passed on at the age of 50, NAN reports.
President Buhari attends APC Caucus Meeting at the APC Headquarters in Abuja on 18th Feb 2019-4

Election: Twelve presidential candidates back President Buhari

Twelve presidential candidates in Saturday’s election on Thursday expressed their support for President Muhammadu Buhari.