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Poverty Reduction

Dr Mohammed Abubakar, the Minister of Environment. said the new National Forest Policy (NFP), recently approved by Federal Executive Council (FEC), would assist the country in managing and sustaining its vast forest resources.

Minister: New national forest policy will preserve ecosystems

Dr Mohammed Abubakar, the Minister of Environment. said the new National Forest Policy (NFP), recently approved by Federal Executive Council (FEC), would assist the country in managing and sustaining its vast forest resources.

Town unions urge South-East governors to evacuate stranded Igbos

The umbrella body of all the town unions in the South East, ASETU, has sent save our soul message to the South East Governors, appealing to them to arrange as soon as possible, the evacuation of all her sons and daughters stranded across different parts of the globe as result of COVID-19 pandemic.

IMF asks central bank governors to keep receipts of coronavirus spending

The International Monetary Fund has asked Governors of Central Banks under its watch to keep receipts of all spending pertaining to COVID-19 bailouts and support funds from other stakeholders.

The legislature in defence of our economy and democracy

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

Tony Elumelu: Improve business environment to drive industrialisation

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.
The African Export-Import Bank (Afreximbank) says it is providing one billion dollars grant to African countries to support the implementation of the Agreement for the African Continental Free Trade Area (AfCFTA).

Nigeria hosts AfCFTA national forum in Lagos

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”.

FERMA: Poor Fufding limiting road maintenance

The Federal Road Maintenance Agency (FERMA) on Monday lamented that poor funding of the agency is limiting the maintenance of roads in the country.

Report: Emerging markets still deprived of fit-for-purpose financial systems

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.
Shubham Chaudhuri

World Bank appoints new country director for Nigeria

The World Bank has appointed Mr Shubham Chaudhuri as the new Country Director for Nigeria, succeeding Mr Rachid Benmessaoud who completed his term recently.
Buhari Media Organisation (BMO)

BMO lauds President Buhari’s move for inclusive budget with GoEs

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.

Ministry: Why 7.5 percent VAT is necessary

The federal government has defended its decision to increase Value Added Tax (VAT) from 5 to 7.5percent.
United Nation’s Children Fund (UNICEF)

UNICEF supports Kano basic education effort

In efforts to ensure every child acquire basic education, the United Nations Children’s Fund (UNICEF) has pledged to collaborate with the Kano State government.
Gov. Oluwarotimi Akeredolu of Ondo on Thursday described the tourism potentials of the state as a veritable source of economic prosperity.

Ondo government disburses N166 million loans to traders, artisans, others

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.
Emeka Ihedioha

Governor Ihedioha orders forensic audit of local council accounts

Imo State government has ordered “a comprehensive forensic audit of the local governments’ accounts.”

NDE trains 600 youths in vocational skills in Ekiti

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.

Godwin Emefiele: Central bank will sustain unconventional policies to boost economic growth

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.

Godwin Emefiele: MFBs advanced N482.89 billion credit to MSMEs in 2018

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.

Expert: Fish smuggling affecting local production

An expert in the aquaculture industry and former Chairman of the Lagos Chamber of Commerce and Industry (LCCI) Agriculture Sector, Prince Wale Oyekoya, has urged the government to adopt effective measures towards curbing fish smuggling.

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Obadiah Mailafia

Obadiah Mailafia refuses to retract comments about Northern governor being Boko Haram leader

Ex-Deputy Governor of the Central Bank of Nigeria (CBN), Obadiah Mailafia, has insisted that a Northern Governor is Boko Haram’s leader.
Arsene Wenger

Barcelona failed in their attempt to replace Quique Setien with Arsene Wenger

Arsene Wenger is so synonymous with Arsenal that it would be strange to see him take over at another club, but it sounds like he’s turned down the chance to take over at Barcelona.

UITH resident doctors suspend three days warning strike

The Association of Resident Doctors (ARD), University of Ilorin Teaching Hospital (UITH) Chapter, on Wednesday suspended its three days warning strike over assault on its members.
Earlier this month, UEFA indefinitely suspended the Champions League, Europa League and the European Championship playoffs amid the ongoing concerns due to the COVID-19 pandemic.

UEFA approves 210 bottles of water per team, cancels shirt swaps

UEFA has released strict guidelines for the eight clubs kicking off the Champions League knockout stage in Lisbon with the Atalanta, PSG fixture opening the campaign right away.

Nigerian Navy disown ‘fake press release’ inviting candidates for NNBTS Batch 30 training

The Nigerian Navy (NN) has disowned a fake press release inviting candidates of the Nigerian Navy Basic Training School (NNBTS), Batch 30 to commence training at the school in Onne on Aug. 18.