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President Muhammadu Buhari and the Governor of Nasarawa State, Mr Abdullahi Sule, are meeting right now.

PDP lawmakers criticise President Buhari over poor handling of global pandemic

The Peoples Democratic Party (PDP) caucus in the House of Representatives has criticised President Muhammadu Buhari over what it describes as his poor handling of the coronavirus outbreak in Nigeria.
The Buhari Media Organisation (BMO) says President Muhammadu Buhari’s administration will not implement policies that will affect the existence of the poor while raising revenue to fund the nation’s infrastructure projects.

Presidency slams Senate for asking President Buhari to address Nigerians

The Presidency has rebuked the Senate for calling on the President Muhammadu Buhari to address Nigerians in a television broadcast with regards to the Coronavirus.

Coronavirus: Stakeholders differ on impact of Nigeria’s central bank stimulus

Stakeholders in the organised private sector (OPS) have expressed divergent views on the use monetary intervention to mitigate the impact of the global Coronavirus (Covid-19) pandemic on businesses in Nigeria.

Coronavirus: Nigeria’s central bank introduces measures to check effect of virus on economy

The Central Bank of Nigeria has extended the moratorium on all its intervention funds.

Coronavirus: Mixed reactions trail central bank’s policy measures

Mixed reactions have trailed policy measures announced by the Central Bank of Nigeria (CBN) to tackle the effect of COVID-19 on the nation’s economy.
Economic stimulus plans worth $40 billion have been rolled out by the central banks of the United Arab Emirates (UAE) and Saudi Arabia, the two largest Arab economies.

Coronavirus: $40billion economic stimulus plans rolled out by UAE, Saudi Arabia

Economic stimulus plans worth $40 billion have been rolled out by the central banks of the United Arab Emirates (UAE) and Saudi Arabia, the two largest Arab economies.
The minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed this on Tuesday during her maiden meeting with top officials of the two merged ministries at the headquarters of Budget and National Planning in Abuja.

Oil price crash a shock to Nigeria – minister

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed said the crash in oil price on Monday was a shock to the country.
President of the Senate, Ahmad Lawan, disclosed on Tuesday that the Senate may next week consider the report of an Ad-Hoc Committee on security challenges with a view to finding solutions to Nigeria’s security problems.

Senate passes CAMA amendment bill

The bill, when signed into law by President Muhammadu Buhari, will address aspects aimed at boosting investment in Nigeria.
The Centre for Democracy and Development (CDD) has said thugs intimidated voters, election observers and journalists on a scale it said would affect the integrity of the governorship election in Kogi State.

CDD: Social Media bill attempt to gag media space

As expectations continue to heighten over the public hearing on “The Protection from Internet Falsehood and Manipulation Bill 2019 (SB 132)” popularly referred to as the ‘Social Media Bill’, the Centre for Democracy and Development (CDD) has condemned the motive of the bill, and described it as an attempt to gag the social media space.
People ride on a boat past A.P. Moeller-Maersk A/S branded shipping containers stacked at the Ladol free trade zone port in Lagos, Nigeria, on Tuesday, May 22, 2018. Ladol, a logistics hub for the offshore oil industry in Lagos, Nigeria, is mulling a stock-market listing and corporate bonds to expand its facilities and get more business from major production companies. Photographer: George Osodi/Bloomberg

China overtakes Germany as biggest containership nation

China has overtaken Germany as the biggest nation in the container shipping sector in terms of total TEU.

Google, Flutterwave to train 5,000 SMEs in Nigeria

Google Nigeria, in partnership with digital payments company, Flutterwave, will commence a series of business clinics aimed at helping 5,000 merchants across Nigeria acquire the skills and tools needed.

Forex: Central bank injects $292.34 million, CNY 22.8 million into Retail SMIS

The Central Bank of Nigeria (CBN) on Friday, February 21, 2020, continued its intervention in the inter-bank foreign exchange market by injecting the sum of $292.34million into the retail Secondary Market Intervention Sales (SMIS).
Abdullahi Umar Ganduje

Kano signs MOU to improve power supply

Kano State Government has signed a Memorandum of Understanding (MoU) with the Transmission Company of Nigeria (TCN) on viable transmission projects to improve power supply in the state.
Stakeholders in the capital market have stressed the need to attract private and domestic capital for funding of critical infrastructure in the country.

Federal government urged to seek domestic capital for infrastructure funding

Stakeholders in the capital market have stressed the need to attract private and domestic capital for funding of critical infrastructure in the country.
Babatunde Fashola- Minister Works, Power and Housing

826.8km of roads delivered in five months – minister

The Minister of Works and Housing, Mr Babatunde Fashola, said the ministry impacted on 514 highways and delivered 826.8 kilometers of road between Aug. and Dec., 2019.
Nigeria Stock Exchange

NSE unveils growth board for startups, SMEs to deepen nation’s capital market

Mr Oscar Onyema, NSE Chief Executive Officer, said at the official launch of the board in Lagos that the initiative was in line with the Federal Government’s diversification drive for economic growth and development.
Two persons were reportedly feared dead in a multiple pipeline explosion that blazed through Abule-Egba axis in Lagos. 5

Economy bleeds over $42 billion revenue loss to attacks on pipelines

The constant attacks on critical national assets, especially petroleum product pipelines appears to have defied all solutions, posing a national security threat capable of bringing the nation’s economy to its kneel with a $41.94 billion loss in 10 years.
President Muhammadu Buhari on Monday signed into law the Finance Bill 2019 (now Finance Act), which among other objectives, seeks to increase government revenue while supporting struggling small businesses in Africa’s largest economy.

New finance law will have ‘significant’ impact on businesses in Nigeria

President Muhammadu Buhari on Monday signed into law the Finance Bill 2019 (now Finance Act), which among other objectives, seeks to increase government revenue while supporting struggling small businesses in Africa’s largest economy.

Recent Stories

World Athletics is set to rewrite the 2020 season calendar, following disruptions to sports schedules by the unfolding coronavirus drama worldwide.

World Athletics to review 2020 season calendar

World Athletics is set to rewrite the 2020 season calendar, following disruptions to sports schedules by the unfolding coronavirus drama worldwide.
Bursaspor full-back Shehu Abdullahi has urged people to unite in order to defeat the coronavirus.

Shehu Abdullahi: We will defeat this virus together

The pandemic which is currently causing problems across the world has claimed thousands of lives, paralysed major activities and affected the economy.
Dillian Whyte says Anthony Joshua was “pretending” he wanted an all-British battle last year, but remains ready and willing if his bitter rival wants another grudge fight.

Dillian Whyte: Anthony Joshua pretending he wanted all-British fight

Dillian Whyte says Anthony Joshua was “pretending” he wanted an all-British battle last year, but remains ready and willing if his bitter rival wants another grudge fight.
One of Nigeria’s leading sex therapists, using a special herb known as Kayanmata, Oji Oghenetejiri, has declared unapologetically that most women have sexual problems.

Many women have sexual problems – sex therapist

One of Nigeria’s leading sex therapists, using a special herb known as Kayanmata, Oji Oghenetejiri, has declared unapologetically that most women have sexual problems.
Manchester City star, Riyad Mahrez, has split from his wife — and is now dating the daughter of a Real Housewives of Cheshire star.

Manchester City won’t sell Riyad Mahrez – reports

The French champions have been heavily linked with a move for the Algerian winger, but City have no intentions of offloading the 29-year-old who joined them from English Premier League rivals Leicester City in 2018.