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Vice President Yemi Osinbajo.

VP Osinbajo: Nigeria needs $3 trillion to bridge infrastructure gap

The Vice President, Prof. Yemi Osinbajo, on Thursday, said Nigeria requires about $3tn over the next 30 years to bridge the infrastructure gap across the country.
Suleiman Adamu, Minister Of Water Resources

Nigerian government targets 625,000 jobs through establishment of 35,900 hectares of irrigable land

The Federal Government on Thursday announced that it is targeting to create 625,000 jobs in the country through the establishment of 35,900 hectares of Irrigable land.

Nigerian government, labour engage stakeholders on way forward over electricity tariff

Following the recent introduction of the revised service reflective electricity tariff, the Federal Government in conjunction with the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC), yesterday, engaged the stakeholders on the right way to fully implement the tariff.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN releases banks’ excess CRR to spur economic recovery

As part of efforts to support economic recovery and propel the quest to return to the growth path, the Central Bank of Nigeria (CBN) has approved the release of banks’ excess cash reserve requirement (CRR), which is above the regulatory minimum.

Experts identify free zones as key route for economic recovery

As policymakers and investors explore all options available to revive the post-COVID-19 economy, a group of experts have recommended an increased focus on the industrialisation and vibrant trade flows found in Nigeria’s free trade zones.

10 FCT communities, university to benefit from OSSAP-SDGs water project

The Senior Special Assistant to the President on SDGs, Princess Adejoke Orelope-Adefulire and the Minister of State, FCT, Dr. Ramatu Tijjani Aliyu during the commissioning of the water project on Tuesday in Abaji
Reddit and Twitter have filed supporting evidence in a lawsuit against the US government, which challenges the requirement that nearly all visa applicants submit their social media handles for scrutiny.

Reddit reveals daily active user count for the first time

Reddit revealed that it now has 52 million daily users, and the number appears to be growing quickly. Reddit told The Wall Street Journalthat daily usage grew 44 percent year over year for October, a sizable increase on a metric that speaks to just how essential a product it is to its users.
Permanent Secretary, Ministry of Communications and Digital economy, Musa Istifanus, has maintained that digital technology will help enhance the socio-economic development of the country by increasing the contribution of ICT to the GDP.

Official: Digital technology will enhance Nigeria’s socio-economic development

Permanent Secretary, Ministry of Communications and Digital economy, Musa Istifanus, has maintained that digital technology will help enhance the socio-economic development of the country by increasing the contribution of ICT to the GDP.
Cannabis

Malawi farmers protest cannabis license fees

Malawi’s new Cannabis Regulatory Authority this week said the country is ready to become the latest in Africa to produce the plant for medicinal and industrial use.
Stanbic IBTC

Stanbic IBTC Bank commits to economic growth

During the session, panellists discussed the challenges which confronted Nigeria-China trade relations as a result of the COVID-19 pandemic, as well as the impact of recent regulatory pronouncements on trade between both countries.
Vials with a sticker reading, COVID-19 - Coronavirus vaccine - Injection only and a medical syringe are seen in front of a displayed Moderna logo in this illustration taken October 31, 2020. REUTERS-Dado Ruvic-Illustration-File Photo

Moderna to seek US, EU authorization for coronavirus vaccine on Monday

Moderna Inc will apply for U.S. and European emergency authorization for its COVID-19 vaccine on Monday after full results from a late-stage study showed it was 94.1% effective with no serious safety concerns, the company said.
Former Republic of Ireland international striker Tony Cascarino claims that VAR is destroying the soul of football.

VAR: Football has lost its soul – Tony Cascarino

Former Republic of Ireland international striker Tony Cascarino claims that VAR is destroying the soul of football.
Inflation in Sudan has risen to one of the highest levels in the world, and the country risks slipping into hyperinflation unless it gets its budget deficit and money supply under control, economists say.

Sudan inflation soars, raising spectre of hyperinflation

Inflation in Sudan has risen to one of the highest levels in the world, and the country risks slipping into hyperinflation unless it gets its budget deficit and money supply under control, economists say.
Governor Hope Uzodinma announced on Saturday a N6 billion take-off fund for a youth empowerment programme in the State.

Governor Uzodinma: If you’re in opposition, fasting is your hope of survival

Imo State Governor, Hope Uzodinma, yesterday in Abuja boasted that only members of the ruling party had accelerated access to federal resources, saying members of the opposition, on the other hand, could only rely...

Nigerian government seeks new Eurobond

On the same day, Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, while speaking at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN) in Lagos, predicted a two per cent growth in the country’s Gross Domestic Product (GDP) in 2021.
The holiday season is already a booming time for online shopping. The COVID-19 pandemic only increases the likelihood that when people shop this holiday season, they will choose online shopping over brick-and-mortar stores.

How to avoid online shopping scams

The holiday season is already a booming time for online shopping. The COVID-19 pandemic only increases the likelihood that when people shop this holiday season, they will choose online shopping over brick-and-mortar stores. However, this also means there is likely to be a boom in online scams.
This image shows vials of Russia's COVID-19 vaccine, named Sputnik V. (Russian Health Ministry - Handout-Anadolu Agency via Getty Images)

Pharma firm in India to make Russia’s Sputnik V coronavirus vaccine

Indian pharmaceutical company Hetero will manufacture over 100 million doses of the Russian Sputnik V COVID-19 vaccine per year under the terms of a deal unveiled on Friday between it and Russia’s RDIF sovereign wealth fund.
The new head of Nigeria's state oil company NNPC, Mele Kyari, speaks during an interview with Reuters in Abuja, Nigeria August 7, 2019. REUTERS-Afolabi Sotunde

We deliberately shut down refineries – NNPC chief

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, says the corporation deliberately shut down the nations refineries because they no longer make sense to be operated.

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Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Umar Farouq made the announcement during a meeting with Governor Abdullahi Sule.

No official data of persons living with disability – minister

The Federal Government has said the country does not have an official data of persons living with disability, maintaining that the 25 million number being bandied around should be taken with a pinch of salt.
INEC Card Reader

Lagos bye-election: APC, PDP bicker over ‘vote buying’

Ahead of forthcoming Lagos East Senatorial District bye-election that will hold on December 5, both the All Progressives Congress (APC) and the Peoples’ Democratic Party (PDP) in Lagos State have engaged each other on allegations of voting buying.
election inec nigeria

Borno holds bye-election for state assembly

The Independent National Electoral Commission (INEC) in Borno said it has concluded necessary preparations to hold bye-elections for the two vacant seats in the state House of Assembly on Saturday.
Former Chairman of the Cross River State Universal Basic Education Board, Stephen Odey, has picked the Peoples Democratic Party ticket for the Cross River North Senatorial By-election scheduled for October 31, 2020.

Cross River bye-election: Court affirms Stephen Odey as PDP candidate

A Federal High Court sitting in Calabar on Thursday affirmed Dr Stephen Odey as candidate of the People’s Democratic Party (PDP) in the Cross River North Senatorial bye election.
Governor Samuel Ortom of Benue State has described the National Water Resources Bill as another Ruga aimed at creating grazing areas for herdsmen along shorelines.

Governor Ortom: Nigeria leaders have abandoned path of truth

Governor Samuel Ortom of Benue state Thursday said Nigeria has been plunged into several security, socio-economic challenges because those entrusted with the leadership of the country have abandoned the path of truth, equity, fairness and justice.