News

Managing Director/Chief Executive of MOFI, Mr Amstrong Takang The Ministry of Finance Incorporated (MOFI) has launched a N100bn project preparation fund to stimulate investments in Nigeria. The Managing Director/Chief Executive of MOFI, Mr Amstrong Takang said this on Tuesday at the Public Wealth Management Conference in Abuja. The conference which …

  Lion kills Olawuyi at OAU A lion has mauled and killed a Veterinary Technologist, Olabode Olawuyi at one of Nigeria’s foremost institution, Obafemi Awolowo University (OAU). The incident occurred on Monday while Olawuyi was feeding the lion at the Zoological garden of the university. OAU‘s Public Relations Officer, Abiodun …

WACOT Rice Limited, a member of the Tropical General Investments (TGI) Group, has successfully concluded the Argungu Outgrower Expansion Programme (AOEP), a collaborative initiative with the USAID-funded West Africa Trade and Investment Hub aimed at enhancing rice production in Nigeria.   The outgrower expansion programme, initiated in 2020, was designed …

Abdulfatah Ahmed, Former Kwara State Governor The Economic and Financial Crimes Commission (EFCC) has invited Abdulfatah Ahmed, a former Governor of Kwara State in connection with financial misappropriation. According to a source within the EFCC who craved anonymity, Ahmed was invited for questioning over an alleged N3b that went unaccounted …

Some economic experts have urged the Nigerian Labour Congress, (NLC) to take into consideration the capacity of the private Sector in the discussion of the National Minimum Wage. The Registrar of the Chartered Institute of Finance and Control of Nigeria, Godwin Eohoi disclosed this while speaking to THE WHISTLER on the N1m minimum …

The liquidity challenges in the forex exchange market continued on Monday with the parallel market rate recording its weakest decline as the naira exchanged for as low as N2,040 to a Great Britain Pound. The record decline of the naira to N2,040 is caused by the persistent demand in the …

The unemployment rate in Nigeria rose by 0.8% in the third quarter of 2023. According to the National Bureau of Statistics, this was a significant rise, adding that the unemployment rate rose from the 4.2% recorded in Q2 2023 to 5.0% in Q3 2023. The NBS, the custodian of official …

Gift and some of the items recovered from his camp The Rivers State Police Command on Monday confirmed the death of Iceland Secret Cult kingpin, David Gift Opara, popularly known as 2Baba. 2Baba and his gang were responsible for the brutal murder of SP Bako Angbashim, the Divisional Police Officer …

Sola Giwa The Lagos State Government has lifted the ban on the activities of Road Transport Employers’ Association of Nigeria (RTEAN) in the State. This is in furtherance of this administration’s quest to foster peace and smooth working relationship among union members in the transportation sector, The Special Adviser to …

Nigeria’s President Bola Tinubu has arrived in Abuja after attending the 37th Ordinary Session of the Assembly of the African Union Heads of State and Government. NAF 001 pulled up at the Presidential Wing of the Nnamdi Azikiwe Int’l Airport at about 04:00 pm local time, concluding his 15th foreign …