The Chief Executive Officer of Naskaxe, an investment consultant, Mr Fazazee Nasiru, has disclosed that he is set to provide houses for poor and low-income earners in Nigeria. Nasiru, who spoke in Abuja recently explained that the aim of his gesture is to address the housing deficit challenges across the country. He said the company has already unveiled its brand Read More
Royal Dutch/Shell Group is planning new investments in deep water frontier in a bod to enhance deep water operations in the country. In a media chat in Lagos, Igo Weli, country head corporate relations and director, Shell Petroleum Development Company, SPDC, said despite global concern and western nation’s incertitude to fund fossil fuel development, the oil giant is creating new Read More
The Nigerian Investment Promotion Commission ( NIPC) has revealed that the 2021 Investments Announcement Report indicated that US$23.30 billion was tracked during the year, representing about 39% more than the value tracked in 2020 (US$16.74 billion). The NIPC Acting Executive Secretary, Emeka Ofor, revealed this during the 2022 NIPC media parley in Abuja said the increase in value is indicative Read More
A social political organization, Northern Youth Council of Nigeria, has warned those behind the crisis rocking the All Progressives Congress (APC) in Kano State to desist from inflaming the crisis and ensure that no harm befalls the due of Senator Jibrin Barau and former Kano state Governor Malam Ibrahim Shekarau, their associates and all their investments within the State. The Read More
Three things came to the front burner in a discourse on animal production as far as food security is concerned in the country. It was revealed that poultry farmers have the capacity and capability to produce enough eggs to feed the nation, secondly, turkey rearing or investment in turkey farming is quite capital intensive, but the effort would be worth Read More
The National Youth Council of Nigeria (NYCN) has commended the National Youth Service Corp members that served as adhoc electoral officials and security agencies in the Anambra governorship election held on Saturday, November 6, 2021 for the role they have played in strengthening democracy in Nigeria. Vice President of the organisation, Amb. Comrade Akoshile Mukhtar, who gave this commendation Sunday Read More
Governors, traditional rulers, business and political elites in the Yorubaland must carefully weigh various options and seriously consider backing Vice President Yemi Osinbajo in 2023, an All Progressives Congress youth group has advocated. According to members of the South West Movement for Osinbajo (SOWEMOVE) who presented a report and copies of correspondence with several Obas and other eminent personalities in Read More
A political pressure group known as the South-west Frontiers has condemned the prolonged silence of the former Lagos state governor and leader of the All Progressives Congress (APC) Asiwaju Bola Tinubu on the invasion of the residence of a Supreme Court judge, Justice Mary Odili by armed security operatives. The group similarly faulted the APC leader’s inaction about the recent Read More
Barely 24 hours to the Saturday Anambra State governorship election, the Inspector General of Police has removed the Deputy Inspector General, DIG Joseph Egbunike, as the head of security team for the Anambra governorship election slated for Saturday November 6, 2021. His removal was announced by the Police Public Relations Officer DSP Nkeiruka Nwude with few hours to the election. He been Read More
The Governor of Nasarawa state , Abdullahi Sule , has promised to build an overhead pedestal bridge and a library for the students of Government Secondary school Tudun wada in Karu local government Nasarawa state. Governor Sule stated this while on a condolence visit to the students and parents who lost their love ones some weeks ago, while crossing the Read More
The National Youth Council of Nigeria (NYCN) has decried the use of the N75 billion Nigeria Youth Investment Fund (NYIF) earmarked to stimulate economic activities among the youths in the country. NYCN President, Comrade Solomon Adodo, who spoke in Abuja during the national youth economic summit to commemorate the 2021 National Youth Day, alleged that the NYIF has performed very Read More
The Branch Manager of the Gtext Homes, a real estate firm, Mr Farouq Usman, has disclosed that more investments in the sector will reduce the high cost of houses as well as make houses available. To this end, he advised the federal and state governments to prioritise investment in the real estate sector to tackle the housing deficit in the Read More
The United States has supported the national HIV clinical mentors programme take-off in Nigeria, a press statement from the embassy has said. “The first cohort of 19 HIV Clinical Mentors supported by the United States Government through the Federal Ministry of Health, National AIDS and STI Control Programme (NASCP) have completed their induction training in Abuja on Saturday, October 23. Read More
The Financial Reporting Council of Nigeria has warned government entities that are yet to file their audited financial statements to do so as the Council had begun imposing fines and penalties on them in line with the provisions of the FRC Act and its extant rules . The Executive Secretary of the FRC, Shuaibu Ahmed, at the opening session of Read More
According to the National Bureau of Statistics (NBS’) publication on Nigeria’s capital importation report for the first and second quarters of 2021, the nation received a sum of $875.62 million foreign inflows in Q2 2021, representing a year-on-year decline. Despite this, the Absa Africa Financial Markets Index 2021 (AAFMI) produced by the Official Monetary and Financial Institutions Forum (OMFIF) and Read More
The national chairman of the African Democratic Congress (ADC) Hon. Ralph Nwosu, has revealed that about twelve presidential candidates of different political parties have agreed to join his party, adding that Nigerian youth have agreed to adopt the party come 2023 general elections. Speaking at the national secretariat of ADC Wednesday in Abuja, when he officially received former Presidential candidate Read More
Sterling Bank PLC, Nigeria’s leading innovative bank, has blazed the trail as the first African corporate organization to power its headquarters with the Building Integrated Photovoltaic (BIPV) energy technology as its primary source of energy. Group Head, Energy, Sterling Bank Dele Faseemo,who disclosed this in a statement issued by the Bank ,said the major milestone is a demonstration of the Read More
Following the award of the Governor of the Year bestowed on Governor of Kogi state, Alhaji Yahaya Bello, by The Sun Newspaper, Nigerians from different quarters are calling on the governor to aspire for a bigger role to enable him to make wider impacts. Governor Bello was honoured at the award function that took place on Saturday at Eko Hotel Read More
The Northern Youth Council Of Nigeria (NYCN) has written to the Economic and Financial Crimes Commission (EFCC) seeking to withdraw a petition against senate committee chairman on appropriation and senator representing Kano north senatorial district, Senator Barau Jibrin. In a letter written by the Council, signed by the president of the NYCN, Isah Abubukar, and received by the EFCC on October 12, Read More
The Chairman of the Investments and Securities Tribunal (IST), Amos Azi has called on the federal government to list the Tribunal as one of the key indicators of ease of doing business in Nigeria. The Tribunal by its mandate must conclude any case before it within 90 days from the commencement of hearing. Azi who was speaking when a delegation Read More
Ahead the 2023 general elections, a support group of the ruling All Progressives Congress (APC) on the platform of Progressives Consolidation Group (PCP) has rated Vice President Yemi Osinbajo as the best qualified to succeed President Muhammadu Buhari. The APC members said Osinbajo’s presidency will increase party’s chances for massive success in the coming general elections and also accelerate growth Read More
Dangote Cement Plc has emerged as the highest corporate income taxpayer and biggest employer of labour in the country for the year 2020. The foremost indigenous cement manufacturer came first among top 100 elite companies listed on the Nigeria Exchange (NGX) posting into the coffer of the federal government a princely sum of N97.24billion in the year, while MTN Communication Nigeria Read More
Trading activities on the floor of Nigerian Exchange (NGX) yesterday sustained growth profile, gaining N247 billion. Specifically, market capitalisation of listed equities increased by 1.17 per cent to N21.216 trillion from N20.969 trillion reported on Monday. The NSX All Share Index also appreciated by 473.61 basis points to 40716.66 points from 40243.05 points traded the previous day. Investors traded 432.992 Read More
Ahead of presentation this Thursday, President Muhammadu Buhari has increased the total expenditure profile of the projected 2022 budget from N13.98trillion to N16.45trllion. The increase in the projected budgetary proposals contained in the revised 2022- 2024 Medium Term Expenditure Framework (MTEF)/ Fiscal Strategy Paper (FSP) was forwarded to both chambers of the National Assembly for expeditious consideration. Specifically, it also affected Read More
In a bid to lift the nation’s educational system, the Nigerian and Ukrainian governments have met in Abuja to discuss modalities of developing bilateral relationship between both countries. This is even as both countries have intensified talks on cooperation and signing of agreements with focus on Ukranian experience. Hosting a delegation of Ukraine Embassy in Nigeria together with Ukrainian Center Read More
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