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Chairman, Trade Promotion Board, Lagos Chambers of Commerce and Industry, LCCI, Gabriel Idahosa (left); Representative of the Lagos State Governor/Commissioner for Commerce, Industry and Cooporatives, Lagos State, Mrs Lola Akande; President, Lagos Chamber of Commerce and Industry (LCCI), Paul Ruwase and Deputy President, LCCI, Mrs Toki Mabogunjeu dring the Closing Ceremony of the 2019 Lagos International Trade Fair in Lagos

LCCI seeks permanent site for trade fairs over rising infrastructure costs

The Lagos Chamber of Commerce and Industry (LCCI) is soliciting the support of the Lagos State Government for a permanent site to hold the yearly Lagos International Trade Fair and exhibitions.
The minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed this on Tuesday during her maiden meeting with top officials of the two merged ministries at the headquarters of Budget and National Planning in Abuja.

Minister hails National Assembly on 2019 finance bill

Minister of Finance, Budget and National Planning, Mrs. Zainab Shamsuna Ahmed, has lauded the attention, speed and commitment with which the National Assembly considered the Finance Bill 2019 submitted by President Muhammadu Buhari .
Senate President Ahmed Lawan

Senate seeks federal government ban on textile importation

The Senate on Tuesday appealed to the Federal Government to ban the importation of textiles in the country for a period of five years to allow for the production of local textile materials.
The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq, has commiserated with victims of Balogun Market fire disaster in Lagos, expressing concern over ”repeated market fires” in the country.

Minister commiserates with victims of Balogun market fire disaster

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq, has commiserated with victims of Balogun Market fire disaster in Lagos, expressing concern over ”repeated market fires” in the country.
Sadiya Umar Farouq, minister of humanitarian affairs, disaster management and social development, was at the scene of the fire outbreak in Onitsha, Anambra state, on Friday. 1

Minister: Federal government setting structures to mitigate fire outbreaks

The Federal Government, through the Ministry of Humanitarian Affairs, Disaster Management and Social Development, is setting up structures to help mitigate fire outbreaks across the country.

NNPC promises abundance of petroleum products for yuletide

The Nigerian National Petroleum Corporation (NNPC), has revealed that it has made adequate preparations for the yuletide saying petroleum products will be in abundance across the nation.

PenCom registers 28,000 micro-pension subscribers

The National Pension Commission (PenCom) has disclosed that the micro pension scheme launched in March 2019, has recorded a total number of 28,000 contributors from 19 Pension Funds Administrator (PFAs) as at October 2019.
Godwin Obaseki

Benin Enterprise Park: Governor Obaseki seals $200 million investment for textile industry

In furtherance to the Central Bank of Nigeria’s (CBN) concerted efforts to revive Nigeria’s ailing Cotton, Textile and Garment (CTG) sub-sector, Edo State Governor, Mr. Godwin Obaseki, has secured a $200m investment for a cotton-weaving and spinning industry at the Benin Enterprise and Industrial Park, in Sapele road axis of Benin City.
President Buhari at the event

President Buhari approves establishment of NAF university in Bauchi

President Muhammadu Buhari has approved the establishment of an Air force University in the Tafawa Balewa Local Government area of Bauchi State.

Godwin Emefiele: Crude oil can never rise above $100 per barrel in our lifetime

Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, on Friday said that there was no better time to diversify the Nigerian economy than now because the era of crude oil boom was over and that the commodity can never rise above $100 a barrel anymore as Was the case few years ago.
WaterAid

WaterAid: 50 per cent of schools in Nigeria lack basic water, sanitation facilities

An international non-governmental organisation, WaterAid Nigeria, has said that 50 per cent of all schools in Nigeria do not have basic water and sanitation facilities.

Nigeria launches factory to produce uniforms for military, security agencies

The federal government has launched a modern garment factory to produce uniforms for the armed forces and other security agencies in the country.
The Minister of Interior, Ogbeni Rauf Aregbosola, says that the loyalty of Nigerians to the country is non negotiable.

Nigeria’s borders must be protected – minister

Interior Minister Rauf Aregbesola has said the loyalty of Nigerians to the country is non-negotiable.
The Minister of Interior, Ogbeni Rauf Aregbosola, says that the loyalty of Nigerians to the country is non negotiable.

Our loyalty to Nigeria non negotiable – minister

The Minister of Interior, Ogbeni Rauf Aregbosola, says that the loyalty of Nigerians to the country is non negotiable.
“The President of the Federal Republic of Nigeria, Muhammadu Buhari, has granted the prayers of the Minister of Communications Dr Isa Ali Ibrahim Pantami, to properly position and empower the ministry to fulfil his digital economy objectives”

President Buhari renames communications ministry

The Federal Ministry of Communications will henceforth be known as ‘Federal Ministry of Communications and Digital Economy’.

World Bank to invest $510 million in Lake Chad Basin

The World Bank is willing to invest $510m, in three tranches, in the Lake Chad Basin to address insecurity, desertification and humanitarian challenges, among others.

BPE 2019 budget revenue generation hits N135 billion

The Bureau of Public Enterprises (BPE) has so far contributed N135bn out of the N220bn it is expected to generate for the 2019 fiscal budget, Director General of the privatisation agency, Mr. Alex A. Okoh has revealed.
Gov. AbdulRahman AbdulRazaq of Kwara, has congratulated President Muhammadu Buhari, on his victory at the Presidential Election Petition Tribunal.

Nigeria must look beyond oil – Kwara governor

The Kwara State Governor, Alhaji AbdulRahman AbdulRazaq has called for urgent measures to diversify the Nigerian economy and reduce the country’s reliance on crude oil.

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An unprecedented number of out of control bushfires have threatened vast areas in the Australian states of New South Wales (NSW) and Queensland, authorities have said.

Death toll in Australia bushfires rises to four

The death toll from devastating bushfires in eastern Australia has risen to four after a man’s body was discovered in a scorched area of bushland, police said Thursday.
Yekini Nabena

Bayelsa killings: APC accuses PDP of mastermind chaos to intimidate voters

The All Progressives Congress (APC) has absolved itself of blames over the violence and killings that attended the People’s Democratic Party’s (PDP) rally in Nembe, Bayelsa State, on Wednesday, accusing the PDP and the state government as culprits.
The United States (U.S.) recently announced the arrest of scores of Nigerians and few other nationals involved in what the Federal Bureau of Intelligence (FBI) described as the largest internet fraud ever committed in the country.

US charges Paul Usoro, 9 other Nigerians over $1.1 million romance scams

Ten Nigerians have been charged with conspiring to launder illegal proceeds that were fraudulently obtained as a result of romance scams targeting multiple victims, the US Justice Department said on Wednesday night.
Paul Santus, Chairman and Chief Executive Officer, Santuscom Agro-Hub Investment Nigeria Limited, producer of Ogoja Rice, has vowed to crash the price of local rice ahead of Christmas and New Year celebrations.

Border closure: Ogoja Rice to hit market with reduced price

Santuscom Agro-Hub Investment Nigeria Limited, producer of Ogoja Rice, has said it will crash the prices of local brands as it begins harvest at its 1,000-hectare farm in Okpoma, Yala Local Government Area of Cross River State.

APC chides Benue governor over N12 billion airport

The Benue State chapter of the All Progressives Congress (APC) has taken Governor Samuel Ortom to task for proposing to construct an airport, considering other pressing needs staring the state at the face.