DG, Debt Management Office, Patience Oniha The Director-General of the Debt Management Office, Ms Patience Oniha, has said promissory notes, budget deficit and constant borrowing have led to an increase in public debt. She said this while speaking on Wednesday on Sunrise Daily, a Channels Television programme. While expressing her …
Read More »Stanbic IBTC Set To Hold 6th Edition of Youth Leadership Series
Stanbic IBTC Holdings Plc, a member of Standard Bank Group, has announced that the 6th edition of its annual Youth Leadership Series (YLS) will hold on 6 April 2023. The theme for this year’s edition is “Winning in Career and Business. YLS is a flagship initiative of Stanbic IBTC designed …
Read More »NAFDAC seals Abuja shops for selling unregistered sex enhancers
NAFDAC Logo The National Agency for Food and Drug Administration and Control on Wednesday in Abuja sealed two shops for allegedly selling unapproved products to Nigerians. The shops are located in the Zuba Central motor park and Utako main market. The News Agency of Nigeria reports that some of the …
Read More »Why court suspended Labour Party chairman, 3 other National Officers
Labour Party Chairman, Julius Abure The National Chairman of the Labour Party, Mr Julius Abure, National Secretary, Alhaji Farouk Ibrahim and two others became another set of political parties’ executives to be suspended from office since the end of the 2023 elections on Wednesday. Abure and Njoku were barred from …
Read More »President Buhari approves disbursement of N320bn to tertiary institutions
File Photo: President Buhari signing the bills into law President Muhammadu Buhari has approved N320 billion as the 2023 Tertiary Education Trust Fund (TETFund) disbursement to tertiary institutions. The Executive Secretary, TETFund, Mr. Sonny Echono, said this at the Annual Strategic Planning Workshop organized for Heads of Beneficiary Institutions in …
Read More »FG To Disburse Over N371bn To 50 Million Nigerians As Subsidy Removal Bonus
Zainab Ahmed, Minister Of Finance, Budget And National Planning The federal government through the Ministry of Finance, Budget, and National Planning says it has secured the sum of $800 million (N371,600,000,000) from the World Bank, as part of a subsidy removal benefit. The Finance Minister Zainab Ahmed while addressing newsmen …
Read More »NSIA, Vitol Sign Joint Venture Agreement For Carbon Avoidance, Removal Projects
Vice President Yemi Osinabo, SAN with L-R Michael Curran, Head of Environmental Products, Vitol, Richard Egan, Business Development (Africa), Vitol, Mrs. Zainab S. Ahmed, Hon Minister of Finance, Budget and National Planning and Mr. Aminu Umar-Sadiq, MD & CEO, Nigeria Sovereign Investment Authority during the agreement signing ceremony at the …
Read More »Tinubu will appoint non-APC members to cabinet — Party chieftain
Bola Tinubu A former presidential aspirant of the All Progressives Congress, Nicolas Felix, on Tuesday said the president-elect, Asiwaju Bola Ahmed Tinubu, will appoint only talented people into his cabinet after taking the oath of office on May 29. Felix, who spoke in an interview on Arise Television on Tuesday, …
Read More »Sue MC Oluomo if you have evidence of attack – FPRO
MC Oluomo The Force Public Relations Officer, CSP Olumuyiwa Adejobi, has stated that anyone with evidence against the Chairman of the Lagos State Parks and Garages Association, Musiliu Akinsaya, popularly known as Mc Oluomo, can file a case of attack against him. He made this known in his response to …
Read More »Capital importation dips as 27 states attract zero foreign inflow
… As capital importation dips 20% A total of 27 states attracted zero foreign investments in 2022, as Nigeria’s capital importation dropped by 20 per cent from the $6.7bn recorded in 2021 to $5.3bn in 2022. This disclosure is from Nigeria’s Capital Importation report published by the National Bureau of …
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