171 millionaires emerge in Dangote Cement Promo
Dangote Cement Plc says 171 millionaires across the nation have emerged in its ongoing ‘Bag of Goodies Promo season 2’. The company made this known in a statement signed by…
Osinbajo: We will soon reopen the land borders
Vice President Yemi Osinbajo says the federal government will soon reopen Nigeria’s land borders. In October 2019, President Muhammadu Buhari ordered the closure of land borders to check smuggling goods…
Electricity, Fuel Price Hike Will Benefit Nigerians In The Long Run – Lai Mohammed
The Minister of Information, Lai Mohammed on Saturday said the recent increase in electricity and fuel prices will benefit ordinary Nigerians in the long-run. Mr Mohammed made the remarks while…
Oil falls on mounting COVID-19 cases, supply concerns
Oil edged lower on Friday, falling more than two per cent on the week as COVID-19 cases surged globally and oil supply is set to rise in coming weeks. Brent…
(Just In): Court Restrains NLC, TUC from Embarking on Planned September Strike
The Abuja Vacation Judge of the National Industrial Court of Nigeria, His Lordship, Hon. Justice Ibrahim Galadima has granted an order of interim injunction restraining the Nigeria Labour Congress and…
Rising food prices in North send scary signal
• Tougher days ahead unless govt tackles insecurity, says Shettima • Teriba blames COVID-19 for hunger crisis • Food inflation triggered by herdsmen’s killing, says farmers’ leader Nigeria seems to…
How FG spent N8.9t on subsidy in 10 years -PPPRA
Regulatory Agency (PPPRA) says the Federal Government has spent a total of N8.94 trillion on oil subsidy between 2006 and 2015. The agency disclosed this in a document on subsidy…
Niger Governor Condemns Restructuring
• Promises tax incentives, others to investors As Niger Delta governors continue to push for resource control, their counterparts in the northern region believe current structure, which confers ownership of…
Infrastructure: Larfarge optimistic of Nigeria’s cement market
Lafarge Africa Plc on has expressed optimism of the country’s cement market in spite of the COVID-19 pandemic. Mr Khaled El Dokani, the company’s Chief Executive Officer, said this at…
78 companies bid for NNPC Pipelines, depots rehabilitation
……..DPR warns IPMAN against exploitation The Nigerian National Petroleum Corporation (NNPC) says 78 companies will bid for the rehabilitation of oil pipelines and depot infrastructure across the country. The News…
Tanzania seeks stronger trade, diplomatic ties with Nigeria
Dr Benson Alfred Bana, High Commissioner of Tanzania in Nigeria, on Thursday called for stronger trade cooperation and diplomatic relations between Nigeria and his country. Bana, who is also Head…
Don’t kill Nigeria’s economy with COVID-19, Senate warns stakeholders
As FG admits poverty as potent weapon against it The Senate has called on stakeholders in the country not to kill the Nation’s economy with the adopted European style of…
Nigeria needs more loans for roads, rail, power – Buhari
President Muhammad Buhari on Tuesday, justified the nation ’ s debt profile, saying his administration needed to borrow to fund critical infrastructure like roads, rail , and power . According…
Nigeria’s inflation hits 13.22%, records biggest monthly increase in 2020
The nation ’ s inflation rate has recorded its biggest increase so far this year , rising to 13. 22 per cent in August, the National Bureau of Statistics said…
Buhari, Economic Advisory Council meet in Aso Rock
Muhammadu Buhari is currently holding a virtual meeting with members of the Presidential Economic Advisory Council, PEAC, at the Council Chamber, Presidential Villa, Abuja. Members of PEAC in virtual attendance…