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Wealth Creation

Africa no longer ignored in world economy – AfDB president

President of the African Development Bank, Dr Akinwumi Adesina, said on Wednesday that Africa can no longer be ignored in global trade and investment, adding that African economies are growing strong and the prospects for greater wealth creation are compelling.
Lagos State Governor, Mr Babajide Sanwo-Olu, on Sunday, said his government will deliver the ongoing Oshodi-Abule Egba BRT corridor project by end of May 2020.

Governor Sanwo-Olu reshuffles Lagos cabinet, appoints three new members

The Lagos State Governor, Babajide Sanwo-Olu, has announced a minor cabinet reshuffle, with the appointment of three new members.

Plans to eject widows from Anambra market sparks fear

There is palpable fear in Anambra State following plans by the state government to eject widows from the Cooperative Society market in Ogbaru local government area of the State.
Babajide Olusola Sanwo-Olu

Lagos targets informal sector for tax expansion

The Lagos Internal Revenue Service (LIRS) said it will expand the tax net through the deployment of technology to generate N500 billion toward the implementation of the 2020 budget.

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 Chief Executive Officer (CEO), First Bank of Nigeria Limited, Adesola Adeduntan, has said the introduction of FirstGem, a female-focused product by the bank has contributed to the development of the Nigerian economy.

Adesola Adeduntan: First Bank drives economic development with FirstGem

The Chief Executive Officer (CEO), First Bank of Nigeria Limited, Adesola Adeduntan, has said the introduction of FirstGem, a female-focused product by the bank has contributed to the development of the Nigerian economy.
National Bureau of Statistics NBS

NBS: Service sector contributed N1.2 trillion to Edo’s GDP in 2017

The Nigeria Bureau of Statistics (NBS) has said that Edo state’s service sector contributed N1.2 trillion to its N2.3 trillion Gross Domestic Product (GDP) in 2017.

Lagos speaker inaugurates 36 standing committees

The Speaker of the Lagos State House of Assembly, Mudashiru Obasa, on Monday inaugurated 36 standing committees for effective operation of the oversight function of the House.
The Chairman, Governing Board Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr. Femi Pedro, said the database would enable the federal government allocate resources to grow the segment of the economy which in turn would reduce unemployment.

Federal government to commence database capturing of MSMEs nationwide

The federal government has announced plan to commence national database capturing of all micro, small and medium sized enterprises (MSMEs) nationwide, in a bid to enhance support towards the sector.
Dr. Ogbonnaya Onu, Minister of Science and Technology, has said that it is only knowledge-based economy that would add value and create a new lease of life for all Nigerians.

Leather industry has potential to boost foreign earnings – minister

The Minister of Science and Technology, Dr Ogbonnaya Onu, said the Nigerian leather industry has the potential to increase the nation’s foreign earnings.
Governor of Lagos State, Mr. Babajide Sanwo-Olu, has promised the support of his administration for creative industry with a view to making the sector achieve a sustainable economic status. 2

Lagos governor promises support for creative industry

Governor of Lagos State, Mr. Babajide Sanwo-Olu, has promised the support of his administration for creative industry with a view to making the sector achieve a sustainable economic status.
The National Horticultural Research Institute (NIHORT) in Ibadan has inaugurated a platform on irvingia (Ogbono) to optimally utilise socio-economic benefits of irvingia value chain.

Research Institute inaugurates platform on irvingia in Imo

The National Horticultural Research Institute (NIHORT) in Ibadan has inaugurated a platform on irvingia (Ogbono) to optimally utilise socio-economic benefits of irvingia value chain.
Abubakar Ibrahim Idris

Kogi guber: I will provide purposeful leadership – PDP aspirant

An aspirant for the People’s Democratic Party, PDP, ticket in the Nov. 16th Kogi State governorship election, Abubakar Ibrahim has promised to provide purposeful and human centred leadership that will ensure significant improvement in the lives of the ordinary man within a short time, if he is victorious at the polls.
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.

Rotimi Amaechi: Poverty alleviation panacea to insecurity

Mr Rotimi Amaechi, former Governor of Rivers and immediate past Minister of Transportation on Saturday says poverty alleviation at all levels of government is panacea to lingering insecurity in the country.
The African Development Bank, AfDB, says it has approved a 70 million dollar loan for a road project in Ebonyi. The bank said on its website on Friday that it would provide $40 million, while its co-financier, the Africa Growing Together Fund (AGTF), would contribute $30 million for the project.

AfDB: Nigeria is greatest contributor to wealth in West Africa

The African Development Bank (AfDB), says Nigeria is the greatest contributor to wealth creation in West Africa, contributing about 75 per cent of regional Gross Domestic Product (GDP).
Emeka Ihedioha

Governor Ihedioha: We‘re not going to run propaganda government

Imo State governor, Chief Emeka Ihedioha, has said that his administration would not be run on propaganda and that they would not be distracted by those who have already decided to bad mouth them.

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.