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All Progressives Congress (APC) Vice Presidential candidate, Prof. Yemi Osinbajo (SAN), has alleged that President Goodluck Jonathan is the first and only Nigerian leader to have attended a meeting of the Organisation of Islamic Countries (IOC). It would be recalled that Gen. Ibrahim Babangida’s enlisted Nigeria into OIC through military fiat in
Read MoreTrading on floor of The Nigerian Stock Exchange (NSE) also closed on a positive note on Wednesday when both indicators appreciated by 2.0 percent. This is attributed to the impressive performance of leading blue chip companies, Dangote Cement and Nigerian Breweries. Market Capitalisation closed at N10.198 trillion after it appreciated by N199.722
Read MoreThe Minister of Industry, Trade and Investment, Dr. Olusegun Aganga, has reiterated the ministry’s determination to champion the import substitution model to stem the economic crisis in the country. The Minister, who spoke during a visit to Secure ID Limited, in Lagos, said Nigeria could no longer continue to be an
Read MoreThe Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has described the recent reduction of pump price of petrol by the Federal Government as a welcome development. The association said the move would ease part of the burden being faced by the private sector operators on the cost
Read MoreFederal Government on Thursday offered N122 million grants to 27 young farmers under its Youth Employment in Agriculture Programme (YEAP). Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina, who presented the cheques to the beneficiaries drawn from the six geo-political zones in the country, said the present administration is raising
Read MoreBefore the privatisation of the power sector in 2013 which saw the federal government hand over the ownership of the power generation (Gencos) and distribution (Discos) companies to new owners, one of the consultants told a few reporters in confidence that unless government urgently addresses the issue of electricity meters,
Read MoreFederal Government has disclosed that it will provide about one million pre-paid meters for distribution to unmetered electricity consumers in the coming months to ease the pains of consumers over estimated billing. Minister of Power, Chinedu Nebo who made this disclosure during a town-hall meeting in Abuja, said government was doing
Read MoreAs part of efforts geared towards becoming the world’s most respected African bank, Access Bank has recorded another milestone with the opening of its representative office in China. This development affirms the bank’s commitment to socio-economic development of the continent through expansion across the world and its resolve to redefine the
Read MoreDrugs estimated at street value of N2.9 billion were seized by the National Drug Law Enforcement Agency (NDLEA) attached to the Murtala Muhammed Airport (MMIA), Lagos in 2014. This is just as the anti narcotic agency also revealed that arrests and seizures made in the last two years increased by
Read MoreThe State Chairman, Trade Union Congress of Nigeria (TUC) Rivers State, Comrade Hyginus Chika Onuegbu has called on governments at all levels and other employers to, instead of seeking to embark on reducing the workforce in their ploy, following austerity, they should cut down on some of the wasteful spending
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