Why we are opposed to review of Forex Act – Senate, says it will scare investors
The Senate has frowned at a recommendation by the Nigerian Law Reform Commission for a review of the Nigerian Foreign Exchange (Forex) Act in order to empower the Central Bank…
Yudala Signs On Frank Edwards As Brand Ambassador
It is a marriage of two super brands as Yudala, Africa’s pioneer composite e-commerce outfit has signed on multiple award-winning contemporary gospel artiste, Frank Edwards, as a Brand Ambassador. The…
Investments in telecoms hit $68b in Nigeria despite lull in economy
Despite what looks like economic downturn, investments in the fast growing telecommunications sector have been put at $68b as at July, 2016. Of this figure, $35b comes from Foreign Direct…
Recession persists in Q3 report but agriculture, solid minerals sectors show growth
Third Quarter GDP figures released by the National Bureau of Statistics, NBS, reveal a consistent growth in Agriculture and Solid Mineral sectors, indicating the success of the Buhari administration’s economic…
FG spends N1.23 trn on fuel importation in 5 months as Jimoh Ibrahim promises to build own refinery for Ondo State
The National Bureau of Statistics (NBS) has valued the cost of imported petroleum products between May and September 2016 at about N1.23 trillion. This was contained in a recent report…
Gunmen raid home of Buhari’s man, abduct ex-Minister
Despite claims by the police of taming the bogey of kidnapping, dare-devil gunmen have continued to hatch their evil plot without let. In the early hours of Sunday, some gunmen…
How former FIRS boss’ mother died of robbery attack, shot on her way from the bank
Former Chairman of the Federal Inland Revenue Service (FIRS), Mrs. Ifueko Omoigui-Okauru, has confirmed the death of her mother, Barrister (Mrs) Grace Onaiwu Omoigui, aged 83 years. According to her,…
Insurance Chief returns N66m stolen money; NAICOM exposes how Directors acquire shares without payment
An Insurance Company Chairman (name withheld) has returned N66 million stolen fund from an insurance firm through the intervention of the apex Insurance regulator, the National Insurance Commission (NAICOM), Economic…
IDP school-age children to engage in education advocacy against terror
From Monday, November 21, the Federal Government will commence an education advocacy program for school-aged children displaced in the North East States of Borno, Adamawa and Yobe. By means of…
200,000 Nigerians employed in FG N-power project to receive SMS notification today
All is now set for the deployment of 200,000 unemployed graduates selected in the first batch of the Buhari administration’s plan to hire half a million Nigerians. While the 200,000…