News

Again, FG Fails to Reach Agreement with ASUU

  The meeting between the federal government and the Academic Staff Union of Universities (ASUU) yesterday again ended with both parties failing to resolve their differences. With the non-resolution the issues, the four-week-old industrial action embarked upon by the lecturers continues. The meeting, which started in the evening and lasted …

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FG, AfDB To Create $500m Innovation Fund For Tech, Creative Sector

  The Vice President, Professor Yemi Osinbajo, Monday, disclosed that the Federal Government is in talks with the African Development Bank (AfDB) to create $500 million innovation fund for technology and creative sector. Meanwhile, the outgoing President of African Securities Exchanges Association, ASEA, Mr. Oscar Onyema, said that strategic relationships of …

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Cut Overhead Costs, FG Urges States

The Federal Government has called on state governments to reduce unnecessary overhead costs and enthrone fiscal discipline. The Minister of Finance, Mrs Zainab Ahmed, made the call, Monday, at the on-going 2018 Conference of the National Council on Finance and Economic Development, NACOFED, in Kaduna. Special Adviser on Media and Communications …

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LASG, FRSC Worry over Increase of Beer Parlours in Lagos

 By Paul Mbagwu The Lagos State Government has raised concerns over the increased establishment of beer parlours in Lagos. The state Commissioner for Information and Strategy, Kehinde Bamigbetan, said the state was worried because there was also an increase in the record of alcohol-induced auto accidents in the state. Bamigbetan spoke …

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FMBN recovers N3bn debts, records stronger result in 2018

Managing Director, Federal Mortgage Bank of Nigeria (FMBN), Ahmed Dangiwa, said the bank has recouped more than N3 billion in its loan recovery drive in 2018. Dangiwa made the disclosure in Abuja on Saturday in a statement signed by Mrs Zubaida Umar, FMBN’s Group Head, Corporate Communications. He pointed out …

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