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BPE: How privatisation saved Nigeria $3 billion

The privatization and commercialisation process has freed up over three billion dollars consumed by Public Enterprises (PEs) annually in terms of subventions, waivers and unpaid taxes, the Bureau of Public Enterprises (BPE) says.
Iran Oil and Gas

US Iran sanctions move hits European companies

US President Donald Trump's decision to pull the United States out of the 2015 nuclear accord with Iran and reimpose a raft of sanctions puts European businesses on the spot.

Lai Mohammed: Federal government working to checkmate failure of public enterprises

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the Federal Government is implementing critical reforms and privatisation policies in key sectors of the economy to address the abysmal failure of public enterprises and halt the drain on the treasury

Lai Mohammed tasks National Assembly on expeditious passage of privatisation reform bills

The Minister of Information and Culture, Alhaji Lai Mohammed, on Monday urged the National Assembly to expeditiously pass eight privatisation sector reform Bills pending before it.

Muhammadu Buhari: We’ll sustain delivery of quality infrastructure to boost investments, businesses

President Muhammadu Buhari says his administration will sustain the delivery of quality infrastructure across the country for investments and businesses to thrive.
Indian people gather at the scene of an accident along railroad tracks in Amritsar on October 20, 2018, after revellers who gathered on the tracks were killed by a moving train on October 19. - A speeding train ran over revellers watching fireworks during a Hindu festival in northern India on October 19, killing more than 50 people, with eyewitnesses saying they were given no warning before disaster struck. (Photo by NARINDER NANU / AFP)

India train disaster families protest amid anger over safety

Angry relatives staged a protest Saturday on the tracks where a speeding train ploughed into crowds watching fireworks, killing about 60 people in the latest disaster to bedevil India's railway network.

Sierra Leone cancels China-funded airport project

Sierra Leone has cancelled a $400m (£304m) Chinese-funded project to build a new airport outside the capital Freetown.
President Muhammadu Buhari

Muhammadu Buhari: No more shady oil deals, theft of billions

President Muhammadu Buhari says his administration is making progress in the fight against corruption as shady oil deals and the brazen theft of billions of Naira are no more.
Muhammadu Buhari

[email protected]: Muhammadu Buhari’s national broadcast

There has been a steady improvement in the security situation in the North East. We remain committed to ending the crisis and make the North East safe for all.
President Buhari presides over Federal Executive Council (FEC) Meeting in State House on 4th July 2018

[email protected]: No quick fixes, shortcuts to thriving democracy – Muhammadu Buhari

According to him, there are no quick fixes or shortcuts, stressing that these are the most important lessons the country has learnt in her 58 years as an independent nation.
Jerry Gana, former Minister of Information

Jerry Gana: I will invest heavily in security if elected president

Prof. Jerry Gana, a presidential aspirant under the Social Democratic Party, has promised to invest heavily in security to stem current spate of insecurity in the country if elected.

Jerry Gana: Why I’ll restructure Nigeria if elected president

A former Minister of Information and Culture, Prof. Jerry Gana, has given reasons why he would restructure Nigeria if elected president in the 2019 general election.
China's President Xi Jinping

China: No strings attached to Africa investments – Xi Jinping

President Xi Jinping told African counterparts and business leaders Monday that China’s investments on the continent have “no political strings attached”, even as Beijing is increasingly criticised over its debt-heavy projects abroad.
Standards Organisation of Nigeria | SON

Federal government warns unions against disrupting SON’s activities

The Ministry of Labour and Employment has written the management of Standards Organisation of Nigeria, SON, to clarify the membership crisis between the Senior Staff Association of Statutory Corporations and Government Owned Companies, SSASCGOC, and the Amalgamated Union of Public Corpora-tions Civil Service Technical and Recreation Services Employees, AUPCTRE.

President Buhari: Why I announced my re-election bid early

President Muhammadu Buhari has said his decision to declare his intention to run for the second term in April was to checkmate mischief-makers.
This handout photo taken and released by the South Korean Unification Ministry on June 28, 2018 shows South Korea's chief delegate Vice Transport Minister Kim Jeong-ryeol (R) shaking hands with his North Korean counterpart Pak Ho Yong (L), Vice Minister of Land and Environment Protection, during their meeting on connecting roadways at the north side of the truce village of Panmunjom in the Demilitarized zone (DMZ) dividing the two Koreas.North and South Korea held talks on June 28 on establishing roadways to run across their border -- part of the initiatives agreed between their leaders to forge closer ties. / AFP PHOTO / South Korean Unification Ministry / Handout /

North and South Korea hold talks on connecting roadways

North and South Korea held talks on Thursday on establishing roadways to run across their border -- part of the initiatives agreed between their leaders to forge closer ties.

Don’t blame us for Africa’s accumulated debt – China replies US

The Chinese government says it cannot take the blame for Africa’s debt burden, saying it is as a result of accumulation over the years.

Turkey seeks free trade agreement with ECOWAS

Turkish Economy Minister Nihat Zeybekci has suggested that a free trade agreement will be a key step to boost business ties between Ankara and the Economic Community of West African States.

Recent Stories

UN, EU urge media to intensify advocacy against gender violence

The joint EU-UN Spotlight Initiative, on Monday called on the media to intensify advocacy through reportage of violence against women and girls to end the menace in the country.
The PDP and its candidate, Babatunde Gbadamosi, are urging the court to disqualify the APC candidate, Tokunbo Abiru, over his alleged possession of two voter cards.

Tokunbo Abiru proposes antidote for national challenges

Mr Tokunbo Abiru, APC’s candidate for the Lagos East bye-election, has said that quality representation at the National Assembly is an antidote to diverse national development and security challenges.
US President Donald Trump speaks with General Motors CEO Mary Barra during a meeting with automobile industry leaders in the Roosevelt Room of the White House in Washington, DC on January 24th, 2017. - Photo by Saul Loeb - AFP via Getty Images

General Motors abandons Donald Trump’s war against California’s pollution powers

General Motors announced today that it is abandoning Donald Trump’s effort to take away California’s ability to set fuel efficiency standards. The company, along with Fiat Chrysler and Toyota, previously backed Trump’s efforts to roll back fuel efficiency standards.
Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa on Friday disclosed how the immediate past administration of former Governor Akinwunmi Ambode employed blackmail and harassment to witch-hunt and deprive the House of performing its duties appropriately.

Speaker: Lagos Assembly to pass 2021 budget before December 31

The Speaker, Lagos State House of Assembly, Mudashiru Obasa, says the 2021 Appropriation Bill currently before the house will be passed before Dec. 31.

We believe it is South East’s turn to produce next president – Ebonyi PDP...

The Elder and major Stakeholders of the Peoples Democratic Party (PDP) on Monday affirmed the belief that it is the turn of the South East to produce President of Nigeria in 2023.