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Poverty Reduction

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.
President Buhari delivers his address at the Opening Ceremony of Paris Peace Forum at the Grande Halle de la Villette Paris on 11th Nov 2018

Muhammadu Buhari: Universities have role in reducing insecurity, corruption, ethnic tensions

President Muhammadu Buhari on Saturday said the country’s universities have a role to play in reducing insecurity, corruption and ethnic tensions.

Sani Takori: Poor governance responsible for collapse of education in Zamfara

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.

Group urges federal government to ban importation of palm oil

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.

Recent Stories

Two to die by hanging for car robbery in Ekiti

An Ekiti State High Court sitting in Ado Ekiti has sentenced two middle-aged men to death by hanging for armed robbery.
The General Officer Commanding(GOC), 8 Division, Sokoto, Major General Hakeem Otiki, has been placed under house arrest, Daily Sun has gathered.

Court orders interim forfeiture of $376,120 traced to General Hakeem Otiki

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.

Fatai Osho: Enyimba will be ready for Hassania Agadir

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.
It has definitely been a good start for Dani Ceballos in Arsenal’s colour and some fans have started to draw comparisons between him and ex-Gunners favourite and fellow Spaniard Santi Cazorla.

Arsenal star tells Mikel Arteta he wants to leave

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.
The lawmaker representing Badagry Federal Constituency, Babatunde Hunpe, has appealed to the Federal Government to establish a polytechnic in the city.

House of Reps moves to include Lagos as NDDC state

A proposed law in House of Representatives, seeking to include Lagos on the list of Niger Delta Development Commission (NDDC) States, is in process.