For the fifth time, GDP shrinks by -0.52%, agriculture, ICT lead growth in non-oil sector
For the fifth time in a row since Q1 2016, the nation’s Gross Domestic Product (GDP) contracted by –0.52% (year-on-year) in real terms. According to the latest statistics from the…
I will resign in 2019 if Nigeria continues to import fuel – Kachikwu
Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said he would resign his appointment if Nigeria continues to import fuel by 2019. Kachikwu stated this during an interview…
Lai Mohammed in China, says FG to equip 15,000 creative industry professionals
The Federal Government says it will equip about 15,000 creative industry professionals by 2017, through its N–Power Creative Programme. The Minister of Information and Culture, Alhaji Lai Mohammed disclosed this…
Zinox commends FG for signing Executive Order on local content
Chairman of Zinox Group, Dr. Leo Stan Ekeh has commended the Federal Government on the recent signing of an Executive Order compelling its agencies to buy Made-in-Nigeria goods and services,…
MAN to CBN: Reduce lending to grow productivity
The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to drop the lending rate from 14 per cent to accelerate productivity and economic growth….
WannaCry: NITDA declares Nigeria free, calls for sustained caution
The National Information Technology Development Agency (NITDA) says Nigeria is free from the “WannaCry” ransomware attack but called for sustained security from stakeholders to forestall future attacks. Dr Isa Ibrahim,…
FG, states share N1.4trn in three months; Akwa Ibom, Rivers, Delta are top earners
The Federal Government, 36 states and their local government areas have so far shared N1.4 trillion from the federation account, being revenue generated in the first quarter of 2017. The…
Banks deducted N27.6 billion illegally from customers in 2016 – CIBN report
The Chartered Institute of Bankers of Nigeria (CIBN) says its Ethics and Professionalism Division received 136 petitions with claims that amounted to N27.6 billion from bank customers in 2016. The…
Osinbajo may accent to Appropriation bill next week
Acting President Yemi Osinbajo has received the 2017 Appropriation Bill from the National Assembly, eight days after the lawmakers passed the bill. The Special Adviser to the President on National…
Ganduje, Sanusi, Danbatta to grace DBI’s maiden matriculation May 24
History will be made on Wednesday, May 24, 2017, as high profile Nigerians including Kano State Governor, Dr Abdullahi Umar Ganduje, Emir of Kano, Alhaji Muhammadu Sanusi II and the…