Senate President Bukola Saraki yesterday explained the reasons why he was absent at key meetings of the All Progressives Congress (APC) held last week. Saraki’s absence at both the National Caucus and National Executive Council (NEC) meetings of his party heightened   speculations of his plan to dump the APC. Saraki …

The Lagos State Government and its Kano State counterpart have signed a Memorandum of Understanding (MoU) on governance, Internally Generated Revenues (IGR), among other investment opportunities aimed at creating jobs and facilitating growth and development. The MoU was signed yesterday at the end of the inaugural two-day Lagos-Kano Economic and …

…PROMISES TO END RICE IMPORTATION The Dangote Rice Outgrower Scheme in Jigawa State reached a turning point yesterday when the President of Dangote Group, Aliko Dangote laid a foundation stone for the construction of a multi-billion Naira rice processing mill in Hadin, Jigawa state. The mill with capacity to process …

United Bank for Africa (UBA) Plc, a pan-African banking group and China Development Bank (CDB), the world’s largest development finance institution, on February 27, 2018 announced the signing of a letter of intent for  $100 million seven-year to finance the development of small and medium enterprises (SMEs) in Africa. The …

Executive Director/CEO, Nigerian Export Promotion Council (NEPC), Mr. Olusegun Awolowo President Muhammadu Buhari has re-appointed Mr. Olusegun Awolowo as the Executive Director/Chief Executive Officer of the Nigerian Export Promotion Council (NEPC). In a terse statement, Mr. Femi Adesina, Special Adviser to the President on Media and Publicity, said Awolowo’s letter …

INEC Chairman, Prof. Mamood Yakubu The Independent National Electoral Commission on Wednesday announced dates for general elections in the country for the next 36 years, starting from 2019 to 2055. Chairman of the commission, Prof. Mamood Yakubu, made the announcement at a consultative meeting with leaders of political parties in …

The Inspector-General of Police, Alhaji Ibrahim Idris on Wednesday advised state governors to prioritise the establishment of cattle ranches before enacting anti-grazing laws, to avert conflict between farmers and herdsmen. The IGP gave the advice at the Northern States Stakeholders Security Summit, with the theme, `National Building: Security Challenges and …

Dr. Adesola Adeduntan, the Managing Director/CEO of First Bank of Nigeria Limited & Subsidiaries, has been named the African Banker of the Year in the African Leadership Magazine Persons of the Year Award which took place in Johannesburg, South Africa on Saturday, February 24, 2018. He was also inducted into …

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office, on Monday, February 26, 2018, arraigned one Nsa Ayi before Justice Mojisola Dada of the State High Court sitting in Ikeja, Lagos on an 11-count charge bordering on fraudulent false accounting to the tune of N700 million, an offence contrary …

Amid huge expectations, the 9th edition of the Standard Bank West Africa Investors’ Conference is set to hold in Abuja and Lagos, bringing together foreign and local institutional investors, fund managers, regulators and policy makers, bankers, businessmen and captains of industry, among others to engage and explore growth potential and opportunities in Nigeria. The four-day event, …