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 […]
Garba Ahmed, Kaduna The Kaduna State Government is to spend N2.25 billion on annual feeding of secondary school students in the state. A statement issued by Professor Jonathan Andrew Nok, the state’s Commissioner for Education, Science and Technology indicated that each student in boarding Secondary School in the state will now be fed at a […]
Russia has resolved to promote Nigeria’s agricultural products as a strategic plan to strengthen relationship. Mr Nikolay Udovichenko, the Russian Ambassador to Nigeria told journalists in Abuja that Russian government was ready to supply the machinery to promote the agricultural sector in Nigeria. According to him, the production of agricultural machinery is increasing in Russian […]
The veil has been lifted on British intelligence operatives spying on heads of state‚ businesspeople‚ diplomats‚ the military and mobile telecommunication companies in 20 African countries. Nigerian billionaire Tony Elumelu‚ one of the richest men on the continent‚ was targeted‚ along with former prime ministers‚ presidents‚ rebel leaders‚ banks‚ the presidential palace in Luanda‚ Angola‚ […]
Nigeria’s apex bank on Friday evening distanced itself from a road traffic accident that killed 14 people on the Asaba – Benin Expressway. CBN Acting Director, Corporate Communications Isaac Okorafor dismissed a report linking a CBN bullion van to the accident as being “entirely untrue.” According to Okorafor in a statement issued in Abuja, “The […]
The Lokoja-Abuja road has been blocked since around 2pm on Friday by truck drivers in protest of the killing of their colleague. It was alleged that a military officer shot one of the tanker drivers for refusing to give him money. The blockage has made it impossible for those travelling to the northern part of […]
The Federal Government on Friday said it would offer technical support to Potatoes Farmers Association of Nigeria (POFAN) and Oil Palm Association of Nigeria (PAN) to improve their productions. A statement signed by Mr Taye Akinyemi, the Deputy Director Press, Federal Ministry of Science and Technology in Abuja, quoted Dr Ogbonnaya Onu, the minister as […]
The role of returning the economy to normalcy has been placed on banks as their financial intermediation activities cut across all sectors. Besides, with the intervention policies of the Central Bank of Nigeria (CBN), which are extended to the target populace through them, there is added role for the financial institutions in evolving innovative approach […]
Governor Seriake Dickson of Bayelsa State has expressed government’s preparedness to offer scholarship to students of the University of Africa, Toru Orua, when it becomes functional by next year. Governor Dickson announced this, when he received a high-powered delegation of educational experts led by Professor Steve Azaiki, one time Secretary to the State Government, in […]