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The Buhari Media Organisation (BMO) has tackled the International Monetary Fund (IMF) over its 2.5% economic growth projection for Nigeria, accusing the Fund of not carrying out a proper assessment of the nation’s economy.
The Federal Government will go the whole distance to put measures in place to address flooding on the Lagos-Ibadan rail line, Minister of Transportation, Rotimi Amaechi, has assured.
Speaking at the fair with the theme: Promoting Financial Stability and Economic Development at Sultan Maccido Quranic institute, Sokoto, the CBN Governor Mr Godwin Emefiele said this was to enlighten the general public about the products and interventions of the bank to grow the nation’s economy.
The Lagos Chamber of Commerce and Industry (LCCI) has realised that skill mismatch contributes to persistent worsening of the Nigeria’s unemployment situation, its president, Mrs Toki Mabogunje, said on Tuesday.
Nigerian government plans to educate 10 million out-of-school children under alternate school programme
The federal government has commenced plans to educate over 10 million out-of-school children in different parts of the country under the Alternate School Programme (ASP).
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Abdurrasheed Bawa, has called on Nigerians in Diaspora to support the Commission in the fight against Money laundering and other financial crimes.
The federal government has traced the failure of previous national economic plans partly to inadequate cooperation and buy-in by sub-national governments.
The House of Representatives says Nigeria is losing $90.5 million annually to shoddy concession deals in the aviation sector.
Under the supervision of the Ministry of Industry, Trade and Investment, the Bank of Industry has secured a $1 billion syndicated loan to support Micro, Small and Medium Enterprises (MSMEs).
Vice President, Yemi Osinbajo, has said the Muhammadu Buhari administration recognises the strategic importance of the entertainment and creative sector in growing the Nigerian economy.
Lagos State governor, Mr. Babajide Sanwo-Olu, has commended the Dangote Group for building the biggest investment in the country in Lagos State, and for the positive development which the Dangote Oil Refinery and Dangote Fertiliser Complex would bring to Lagos and the Nigerian economy.
The Central Bank of Nigeria (CBN) says it plans to double the Targeted Credit Facility (TCF) from the initial N149.21 billion to N300 billion following the resounding success recorded in the disbursement of the Covid-19 loans to the applicants.
A Federal Government agency has told the National Economic Council, NEC, that the COVID-19 vaccines have now been distributed across 35 states and the Federal Capital Territory, FCT, leaving just one state out.
The Nigerian Communications Commission (NCC) has welcomed the proposal by Nile University of Nigeria seeking its collaboration in the areas of software engineering, Artificial Intelligence (AI) and programming.
Vice-President Yemi Osinbajo has stated that the only way to effectively address the massive infrastructural deficit that the country faces is by public-private partnership (PPP) arrangement in one form or the other.
EFCC chairman Abdulrashed Bawa on Tuesday told reporters at the Presidential Villa that the move is part of measures to sanitise the nation’s financial system and block loopholes exploited by unscrupulous players to undermine the Nigerian economy through money laundering and illicit financial flows.
The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, yesterday defended the apex bank’s restrictive trade policy, stressing that it was meant to protect local industries from unfavourable competition and to create jobs for Nigerians.
The Agbajowo Advocacy for Yoruba People’s Rights, a pan-Yoruba socio/cultural organisation, has rejected secession clamours by some sections of the country.
The Nigerian Political Science Association (NPSA), North West Zone, at the weekend joined calls for the restructuring of the country.
The Oniraniken of Iraniken, Sagamu, Ogun State, Oba Adewale Adeniji, has raised the alarm over threat to his life over land dispute in his domain.
The International Monetary Fund (IMF) has said while the pandemic continues, governments’ policies should first focus on escaping the crisis, prioritizing health care spending, providing well-targeted fiscal support, and maintaining accommodative monetary policy while monitoring financial stability risks.
The minister of Youth and sports development, Chief Sunday Dare, said the ongoing Edo 2020 National Sports Festival in Benin City has rekindled Nigerian youths hope for a better tomorrow, saying he sees a lot of young people who have future in sports.
Residents of the eastern Caribbean island of St. Vincent on Saturday woke to rumbling noises emanating from the La Soufriere volcano that spectacularly erupted a day earlier, while a thin layer of ash coated rooftops, cars and roads.
The Inspector-General of Police, Mohammed Adamu, on Tuesday assured that the Force would not allow criminals to succeed in the country.
Sunday Ehigiator in Lagos, Gideon Arinze in Enugu, David-Chyddy Eleke in Awka, Benjamin Nworie in Abakaliki and Emmanuel Ugwu-Nwogo in Umuahia
The leadership of the Abia State House of Assembly has cautioned member representing Bende North constituency, Hon Chijioke Chukwu, over consistent negative utterances against the present Peoples Democratic Party, PDP, administration in the state.
DMX reportedly suffered a drug overdose that triggered a heart attack last week Friday and is in the ICU at White Plains Hospital in New York. He also has COVID-19 to deal with.