The Minister of Budget and National Planning, Udo Udoma, has explained how the N9.1tn revenue to finance the 2018 budget will be raised by the Federal Government. Speaking during the public presentation of the 2018 budget on Thursday in Abuja, Udoma expressed optimism that the government would be able to …
Read More »Ambode promises to tackle drug abuse
The Lagos State Governor, Akinwunmi Ambode, on Thursday reiterated his administration’s commitment to fight drug abuse in the state. The governor stated this at the inauguration of the Lagos State Kicks Against Drug Abuse (LASKADA) in Agidingbi, Ikeja, adding that the menace of drug abuse was on the high side. …
Read More »NNPC extends crude-for-refined oil contracts, settles $5b cash-call arrears
The Group Managing Director of NNPC, Maikanti Baru PHOTO: TWITTER/NNPC Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, said the corporation would continue to swap crude oil for refined petroleum products for the next six months in the face of obsolete refineries in the country.The …
Read More »Rivers APC Breaks into Factions Ahead of National Convention
Ahead of the national convention of the All Progressives Congress (APC), the Rivers State chapter of the party has broken into factions as the immediate past Deputy Chairman of the party, Prince Peter Odike, has declared himself the acting Chairman of the party in the state, insisting that the election …
Read More »Oyegun Urged to Abide by Court Order in Abia APC Leadership Tussle
John Odigie-Oyegun As delegates prepare for the national convention of the All Progressives Congress (APC), the outgoing National Chairman of the party, Chief John Odigie Oyegun, has been urged to obey a subsisting court order in the leadership tussleAbia State APC is currently torn between two factional Chairmen, Hon Donatus …
Read More »New Buses Coming into Lagos in Batches
It was an iconic sight to behold as new buses adorned some of the recently constructed Bus Terminals in Lagos for the take off of the Bus Reform Initiative of the state government designed to bequeath a world class transportation system and enhance connectivity across the state. Apart from adding …
Read More »Forex: CBN gives retail SMIS $343.06m boost
The retail Secondary Market Intervention Sales (SMIS) has received a boost of $343.06 million from the Central Bank of Nigeria (CBN), following the Bank’s intervention in the Foreign Exchange market on Thursday, June 14, 2018. Figures obtained from the Bank indicate that the amount released was for requests in the …
Read More »July 14 Will Mark End of Opportunists in Ekiti, Says LP Candidate
The Ex-deputy governor of Ekiti State and Labour Party governorship candidate for the July 14 election, Dr. Sikiru Lawal, has vowed that the coming election will mark the end of those he described as ‘opportunists’ in the politics of the state. Lawal, who flagged off his campaign on Wednesday, said the current experience …
Read More »In few years, Fidelity Bank will be at the top -Okonkwo
From just a merchant bank with few branches, Fidelity Bank Plc has, over the years, maintained a steady growth, emerging the top tier 2 bank in Nigeria. In this interview with the lender’s CEO, Mr. Nnamdi Okonkwo, he speaks on the economy, the banking industry and the secret behind the …
Read More »National Assembly divided over Buhari, IGP Idris
A member of the House of Representative, Muhammed Kazaure, has said that his colleagues cannot impeach President Muhammadu Buhari as they threatened on Tuesday. Addressing a press conference shortly after a closed-door session of the National Assembly, Mr Kazaure said he and his other colleagues who are in support of …
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