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: 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.
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.
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.
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: 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.
Election: Twelve presidential candidates back President Buhari
Twelve presidential candidates in Saturday’s election on Thursday expressed their support for President Muhammadu Buhari.
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APGA alleges plot by PDP to rig Abia elections
The All Progressive Grand Alliance (APGA) in Abia says it has uncovered the Peoples Democratic Party’s (PDP) grand plot to rig the general elections in the state.
Senator Enang: President Buhari didn’t sack Ekere as NDDC chief
Nigeria’s president, Muhammadu Buhari, did not sack Nsima Ekere as the managing director of the Niger Delta Development Commission (NDDC), an aide to the president has said.
Expert: Beware of meningitis
The Kwara State Primary Health Care Development Agency has advised the people to beware of meningitis and watch against symptoms like high body temperature, irritability, headaches, photophobia, convulsion and coma.
Junior Ajayi set to sign contract extension with Al Ahly
Nigeria forward Junior Ajayi is close to renewing his contract with Egyptian giants Al Ahly following his return to action after a lengthy injury-induced lay-off.
PDP: Election deferral confirms our fear of attempted rigging
State chairman of PDP in Adamawa State, Mr. Tahir Shehu, said the party has been vindicated for what it had said before about possible election rigging.