FGN appoints 5 transaction advisers for Eurobond issuance

August 4, 2021 David Agba 0

The federal government’s activities towards the issuance of Eurobonds in the International Capital Market (ICM) inched forward on Wednesday with the appointment of Transaction Advisers. Typical of Eurobond Issuance, Transaction Advisers of various categories are required to work with an issuer, in this case Nigeria, to ensure the success of the transaction. The Debt Management Office (DMO) in a statement Read More

Over 900 road projects ongoing nationwide under Buhari – APC group

August 4, 2021 Bode Olagoke 0

Over 900 active road contracts, covering the construction, reconstruction and rehabilitation of more than 13,000km of federal roads and highways were currently ongoing nationwide under the present administration of President Muhammadu Buhari. A think-tank of the All Progressives Congress (APC) known as Legacy and Awareness Campaign (APC-LAC) has revealed further that stretch of roads coverage is out of a total Read More

Breaking – Fraud allegations against Abba Kyari: IGP breaks silence

July 29, 2021 Chizoba Ogbeche, Abuja 0

The Nigeria Police Force Thursday night acknowledged receipt of allegation and indictment processes from the Federal Bureau of Investigation (FBI) against DCP Abba Kyari, juts as the the Inspector General of Police IGP Usman Baba has ordered an internal review of the allegations. A press statement by the Force Public Relations Officer (FPRO), CP Frank Mba, Thursday in Abuja, said: Read More

How Buhari laying solid foundation for uninterrupted power supply – APC group

July 28, 2021 Bode Olagoke 0

A think-tank group of the ruling All Progressives Congress (APC) known as APC Legacy Awareness and Campaign has revealed how President Muhammadu Buhari-led administration has introduced policies and programmes that will ensure uninterrupted power supply in the country. The group in a statement signed Wednesday in Abuja by its national youth leader Ismaeel Ahmed, former national publicity secretary Lanre Issa-Onilu Read More

Breaking: Baba Ijesha back in Court over ‘sexual assault’

July 27, 2021 Editor 0

The embattled Nollywood actor, Olanrewaju Omiyinka, aka Baba Ijesha is back in court in continuation of his trial over alleged abuse of a minor. On Monday, Justice Oluwatoyin Taiwo adjourned the matter after the counsel for comedienne, Adekola Adekanya, also known as Princess, played primary evidence against the embattled actor. The actor, who is being tried over charges bordering on Read More

Breaking: Buhari signs N983bn 2021 Supplementary Appropriation Bill into law

July 26, 2021 Abdullahi M. Gulloma 0

President Muhammadu Buhari Monday signed the 2021 Supplementary Appropriation Bill into law, Senior Special Assistant to the President on National Assembly (House of Representatives), Mr Umar Elyakub, has said. He told State House correspondents that the President assented to a N982,729,695,343 supplementary budget. He said the Act would largely focused on funding security and health concerns. Details loading …

Decongestion: FG urges state govts to build holding centres for awaiting trial suspects

July 23, 2021 Editorial II 0

The federal government has asked the state governments to put in places holding centres for the awaiting trial suspects as part of efforts to dicongest the custodial centres nationwide. The Minister of Interior, Ogbeni Rauf Adesoji Aregbesola, said this at the commissioning of the Osun state command office complex of the Nigerian Correctional Service, Osogbo. In a statement issued in Read More

Breaking: Reps protest over 3% host community fund

July 15, 2021 Joshua Egbodo 0

There is high tension in the House of Representatives at the moment over protest by members from the South South against the allocation of three percent as host community fund. The Senate had opted for the three percent, while the House during consideration of report of its committee on the Petroleum Industry Bill (PIB) okayed five percent, prompting a harmonization Read More

Minister urges group to register online for FG’s incentives

July 2, 2021 Blueprint 0

The Minister of Women Affairs, Mrs. Pauline Tallen, on Friday urged members of Arewa Business Group to register online to benefit from the federal government’s incentive to micro, small and medium enterprises (MSMEs). The director, press & public relations in the ministry, Mr. Olujimi Oyetomi, said the minister made the call when Arewa Business Group paid the minister a courtesy Read More

Kano: Ganduje signs agreement to build 5000 houses for teachers

June 24, 2021 Bode Olagoke 0

 Following his declaration of free education and improved welfare for the teachers and other civil servants in Kano state, the state governor, Abudullahi Umar Ganduje, has signed an agreement to build five thousands houses for the teachers. The agreement was signed by the Kano state Commissiober for Justice Mohammed Lawan on behalf of the government while director general of Family Read More

Entrepreneurship: NACHCARD calls for creation of centres nationwide

June 16, 2021 Bode Olagoke 0

The National Committee of the Heads of Colleges of Agriculture and Related Disciplines (NACHCARD) has called for establishment of entrepreneurship centres and support from the Ministry of Agriculture in collaboration with international donor agencies be extended to State Colleges of Agriculture across the country. NACHCARD in a communique issued  Wednesday in Abuja at the end of its 59th regular meeting Read More

FG paid $642.43m foreign debt in 1Q 2021 — DMO

The Debt Management Office (DMO) has disclosed that Nigeria paid part of its multilateral ($81.05 million), bilateral ($61.38 million) and commercial loans ($500 million) which amounted to $642 million or N243.48 billion at N379.50/$1. Hence, external debt service payments fell to N126.02 billion (or $332.07 million) in the first quarter (Q1) 2021 from N170.60 billion (or $472.57 million) printed in Read More

Stanbic IBTC Asset Management launches N100bn infrastructure fund

June 13, 2021 Suleiman Idris 0

Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings PLC, has launched a N100 billion Infrastructure Fund designed for institutional investors such as Pension Fund Administrators, insurance companies, asset managers and high-net-worth individuals. The Stanbic IBTC Infrastructure Fund (“SIIF”) is registered with the Securities and Exchange Commission as a Collective Investment Scheme and provides an opportunity for qualified investors Read More

Health workers practice mutilation for selfish interest says EU, UNICEF

June 10, 2021 Amarachukwu EgwuAgha, 0

European Union and United Nations Children Fund (UNICEF) Tuesday, said that health workers who are practising mutilation were doing that out of selfish interest and fear of Traditional Birth Attendants (TBAs) taken over their jobs. The international organizations disclosed this during sensitization program for traditional rulers of Afikpo south to eliminate female genital mutilation at Owutu Edda. The programme was Read More

Buhari committed more resources to infrastructure than Jonathan, Obasanjo – APC group

June 7, 2021 Bode Olagoke 0

A group of the All Progressives Congress (APC) under the aegis of APC Legacy Awareness & Campaign (APC-LAC), said that President Muhammadu Buhari-led administration committed more resources to infrastructure than any other administration since 1999. The administrations before President Muhammadu Buhari include former President Olusegun Obasanjo and ex-President Goodluck Jonathan. In its weekly reports of Buhari’s legacies through a statement Read More

NICON staff seek speedy action on outstanding pension arrears

June 6, 2021 Benjamin Umuteme 0

The Association of Former Employees of NICON Insurance (AFENI) have called on the federal government to fast track the process that would enable its members receive the remaining five years arrears. The federal government has been able to pay two years arrears to former staff of the defunct insurance company. AFENI took the stance during the general meeting it held Read More

Oyetola emerges Blueprint Newspaper’s Governor of the Year 2020

June 3, 2021 Bode Olagoke 0

Governor of The State of Osun, Adegboyega Oyetola, was on Thursday named the Blueprint Newspaper’s Governor of the Year 2020. The Governor was presented with the award by the Estu Nupe, who doubled as the Royal Father of Day on the occasion, Dr. Yahaya Abubakar, at the Blueprint Impact Series Awards, held in Abuja. This is coming barely seven days Read More

We ‘ll fight rapes of children spiritedly in Bauchi – HILWA

May 27, 2021 Najib Sani 0

A Non Governmental Organization known as ‘High Level Women Advocates’ (HILWA) has vowed to fight spiritedly rapes of children in Bauchi state. A representative of the organization Barrister Hauwa Jibrin expressed the determination Thursday during a seminar for schools children organized by HILWA, State Universal Basic Education Board (SUBEB) and supported by the United Nations Children Emergency Fund (UNICEF) at Read More

Disbanded Obono-Obla panel uncovered NNPC’s $60bn US account – Prosecutor

May 26, 2021 Joshua Egbodo 0

Prosecutor for the disbanded Okoi Obono-Obla’s Special Presidential Investigation Panel for the Recovery of Public Property (SPIP), Mr Tosin Ojaomo has disclosed that the panel prior to its doslution, uncovered an account with about $60 billion, belonging to Nigeria National Petroleum Corporation (NNPC), domiciled in Texas, U.S. He made the disclosure Wednesday while making submissions before the House of Representatives’ Read More

FFS proposes arms bearing unit to protect firefighters

May 26, 2021 Bode Olagoke 0

Following insisant attacks and harassment of firefighters at fire scenes by mob action, the Federal Fire Service (FFS) has proposed to have an Arms Bearing Unit known as fire police to protect firefighters. The agency is also demanding an upward review of hazard allowance considering the nature of hazards faced by its personnel. Addressing a press conference Wednesday in Abuja Read More

FG, states, LGs share N616.886bn for April

May 24, 2021 David Agba 0

The Federation Accounts Allocation Committee (FAAC), at its meeting through Virtual Conference shared a total sum of N616.886 billion to the three tiers of government, as federation allocation for the month of April, 2021. From this stated amount, inclusive cost of collection to NCS, DPR and FIRS, the Federal Government received N244.011billion, the States received N193.432 billion, the Local Government Read More

Expert tasks women on dangers of Ponzi schemes, non-essential purchases

May 23, 2021 Ene Oshaba 0

Nigerian women have been charged to beware of investing their monies into Ponzi schemes promising financial independence and high returns, stressing the need for adherence to the 30-day rule of savings instead. Mrs Titilola Oladejo, a Financial and Investment Expert, gave the charge Saturday, at a webinar on Skills and Tools on Practical Financial Advice, organised by Mothers United and Read More