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In the last couple of weeks, the economic and political news coming out of Nigeria has not been positive. It has been about doing things the wrong way, lack of due process, desecration of the rule of law, outright impunity for violators of rights and economic policies that have attracted negative ratings
The Founder of the Tony Elumelu Foundation and Chairman, Heirs Holdings and United Bank for Africa Group (UBA), Mr. Tony Elumelu, yesterday advised African, Caribbean and Pacific (ACP) Heads of State to improve the business environment in their countries to drive industrialisation and wealth creation in member states.
Nigeria, which signed the landmark African Continental Free Trade Agreement in July, will on Thursday and Friday hosts its national AfCFTA Forum on the “Effective Implementation of the AfCFTA for Industrialization and Inclusive Economic Development”.
The lack of an efficient and resilient financial system is still holding back inclusive and sustainable growth in emerging markets. Policymakers, regulators and financial services organisations should more actively shape a financial system that is fit for purpose.
The World Bank has appointed Mr Shubham Chaudhuri as the new Country Director for Nigeria, succeeding Mr Rachid Benmessaoud who completed his term recently.
President Muhammadu Buhari’s directive that budgets of government owned enterprises (GoEs) are captured in the nation’s annual budget is novel but a most welcome idea.
At the disbursement centre in Idi-Agba Titun, Akure, Governor Oluwarotimi Akeredolu said the scheme was to assist the unemployed but productive poor in the state to become self-reliant.
Imo State government has ordered “a comprehensive forensic audit of the local governments’ accounts.”
The National Directorate of Employment (NDE) on Thursday began a massive skill acquisition training for 600 youths in Ekiti State under its National Open Apprenticeship Scheme.
The Governor, Central Bank of Nigeria, CBN, Mr Godwin Emefiele, yesterday said that the apex bank will sustain its use of unconventional monetary policy to boost economic growth and enhance price stability.
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday disclosed that total aggregate loans granted by Microfinance Banks (MFBs) to micro small and medium enterprises (MSMEs) in the country stood at N482.896 billion as at December 2018.
President Muhammadu Buhari on Saturday said the country’s universities have a role to play in reducing insecurity, corruption and ethnic tensions.
A former member representing Gummi/Bukkuyum constituency at the federal house of representative, now the Gubernatorial candidate of Advanced people Democratic Alliance (APDA) in Zamfara state Hon Sani Takori has disclosed that poor governance was responsible for the collapse of education in the state.
Consumers’ cooperatives in the South-East and South-South geopolitical zones have called on the Federal Government to ban the importation of local produce including palm oil to protect the rural producers and farmer.
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An Ekiti State High Court sitting in Ado Ekiti has sentenced two middle-aged men to death by hanging for armed robbery.
The Abuja Division of the Federal High Court, on Wednesday, ordered the interim forfeiture of the sum of $376, 120 allegedly seized from Major General Hakeem Otiki, to the Federal Government.
Enyimba of Aba caretaker coach Fatai Osho says the team is working hard to be ready for their all important CAF Confederations Cup game with Hassania Agadir.
Arsenal star Dani Ceballos has told Mikel Arteta that he wants to cut his season-long loan deal short, and move on to another club during the January transfer window.
A proposed law in House of Representatives, seeking to include Lagos on the list of Niger Delta Development Commission (NDDC) States, is in process.
President Muhammadu Buhari has directed Abubakar Malami, attorney-general of the federation, to handle the case of Ibrahim Ibrahim, a Nigerian cleric on death row in Saudi Arabia.
Nigeria has dropped two places on the annual corruption perception index published by Transparency International.
Imo State House of Assembly on Tuesday screened and confirmed a commissioner-nominee sent by Governor Hope Uzodinma.
Economists at Financial Derivative Company (FDC) have said the country will experience a rise in the inflation rate and a further decline in its foreign exchange reserves as the government juggles various options to steady the economy on the path of growth in the year.
Jose Mourinho took a thinly-veiled swipe at the Video Assistant Referee following Tottenham's goalless draw with Watford, stating that “goal-line technology doesn't make mistakes like the VAR make”.