As Customs flags off workshop on the integration of the National Vehicle Identification System The Federal Government has initiated plans to use technology as an enabler to fight smuggling and increase revenue collections. The Minister of Finance, Mrs Kemi Adeosun, who disclosed this at the commencement of the workshop, held at the Customs Command and […]
The Minister of Information and Culture, Alhaji Lai Mohammed, has said all is now set for the launch of the Digital Switch Over (DSO) in broadcasting in Abuja on Thursday. The Minister announced this in Abuja on Monday during the tour of key facilities of Pinnacle Communication Limited, the signal distribution for the Abuja DSO. […]
Ogun State Governor, Senator Ibikunle Amosun, commissioned the biggest of the Palms Stores in Nigeria, Palm Store, Ota, on Monday. Speaking with journalists after the commissioning, Amosun expressed satisfaction at the fact that made in Nigeria products, especially those made in Ogun State, are in the majority on the shelves at the store. The governor […]
The Nigerian National Petroleum Corporation, NNPC, on Monday assured adequate supply of petroleum products throughout the Christmas and New Year celebrations in the country. The Group Managing Director, Dr Maikanti Baru, said the corporation had over 40-day sufficiency for Premium Motor Spirit, PMS, also known as petrol, and adequate volumes of Automotive Gasoline Oil, AGO and Dual […]
Pamela Eboh, Awka Immediate past Governor of Anambra State, Mr. Peter Obi, has empowered 240 youths in his home town, Agulu in Anaocha Local Government Area to help nurture a better future for themselves. The items donated to the youths include N24 million, 42 buses and 20 tricycles popularly known as Keke NAPEP. Apart from […]
The Minister of Finance, Mrs Kemi Adeosun, on Saturday night described as misleading, a report (not by Economy Watch) which claimed that the Federal Government has agreed to pay a $79 million commission to the Swiss government as part of conditions for repatriation of the Abacha loot. The Minister in a statement by her media […]
The Deputy President of the Senate, Ike Ekweremadu, has advised Nigerians to look beyond oil to secure economic prosperity for the country. Ekweremadu, in a statement signed by his Special Adviser on Media, Mr Uche Anichukwu, said the days of oil as super foreign exchange earner for the nation were numbered or probably over. Ekweremadu […]
Exxon Mobil president and CEO Rex Tillerson is the latest frontrunner to be the next U.S. secretary of state. On Saturday several news organisations — all citing unnamed sources close to President-elect Donald Trump’s transition team — said an announcement on Tillerson’s selection could come soon. The Trump campaign would not confirm whether a decision […]
The Minister of Finance, Mrs. Kemi Adeosun, on Friday outlined a 10-point fiscal roadmap to reset the Nigerian economy to a path of growth. The Minister, who represented the Vice President, Prof. Yemi Osinbajo, at the annual dinner of the Lagos Business School, itemised fiscal policies and actions being rolled out to tackle the key […]
The Nigerian Navy has approved the promotion of 73 senior officers to various higher ranks. The exercise, announced Saturday afternoon via a statement by Navy Director of Information, Rear Admiral Christian Ezekobe, saw the promotion of 15 new Rear Admirals, 39 Commodores and 19 Captains. The 15 Commodores promoted to rank of Rear Admiral are […]