Trade Union Congress of Nigeria (TUC) has accused the Central Bank of Nigeria (CBN) of selling foreign exchange to moribund companies through what it called man-know-man connection only to resell genuine companies. In a statement by its President, Comrade Quadri Olaleye and Secretary General, Comrade Musa-Lawal Ozigi and made available to The Nation in Abuja, […]
Vice President Yemi Osinbajo yesterday joined the president of the African Development Bank (AfDB), Dr Akinwumi Adeshina and founder of Tony Elumelu Foundation, Mr Tony Elumelu, in calling for the establishment of special banks for funding African entrepreneurs. Speaking at the fifth edition of the Tony Elumelu Foundation Entrepreneurship Forum (TEFforum2019) in Abuja yesterday, Osinbajo […]
Team Nigeria in day two of the African Cup Track has continued to dominate the Championship, winning 21 medals. Nigeria won eight gold, 10 silver and three bronze medals in twelve events on Saturday. The 2019 Africa Cup Track Cycling is holding at the Velodrome of the Moshood Abiola Stadium, Abuja. In the Women Junior […]
The General Secretary of the Nigeria Labour Congress, Dr Peter Ozo-Eson, said on Saturday that the Federal Government and labour representatives on the technical committee set up to negotiate consequential increase arising from the new minimum wage would resume negotiation this week. After negotiation broke down between the government and labour on what workers at […]
The Central Bank of Nigeria (CBN), said, Friday day, that some people were working against its intention to restrict foreign exchange to milk importers in the country. According to the bank, the decision to encourage local milk production was in the interest of the nation which was more important than any other and must be […]
The National Agency for Food and Drug Administration and Control (NAFDAC) has warned Nigerians to be careful when buying animal hides, popularly known as ‘ponmo.’ According to a statement issued on Friday and signed by the Director-General of the agency, Moji Adeyeye, investigations revealed that “unscrupulous businessmen and traders are now diverting animal hides meant […]
Nigerian veteran sports journalist and retired Director of Nigerian Television Authority (NTA), Akinloye Oyebanji, has died at the age of 62. His family confirmed to News Agency of Nigeria (NAN) that Mr Oyebanji passed on at the National Hospital, Abuja, on Saturday morning after a protracted battle with heart failure. Bukoye Oyebanji and Steve Olarinoye, […]
Leicester City manager Brendan Rodgers has set a time-frame for Wilfred Ndidi’s return to training ahead of the 2019-20 season. Ndidi was given a longer holiday after his international commitment with Nigeria at the 2019 Africa Cup of Nations. He played in all of the Super Eagles’ games in Egypt and helped them finish third […]
The Managing Director/Chief Executive, United Bank for Africa (UBA), Mr. Kennedy Uzoka yesterday said only Small and Medium Enterprises (SMEs) had the potential to create the magnitude of jobs needed to significantly impact Gross Domestic Product (GDP) growth rate, as well as address the security challenges currently confronting the country. Noting that government alone could […]
MTN Nigeria Communications Plc on Friday said it had obtained a super-agent licence from the Central Bank of Nigeria through its subsidiary, Y’ello Digital Financial Services Limited. The licence issued on Thursday, July 25, 2019, according to the company, will enable it to join the league of financial technology companies that are accelerating financial inclusion […]