Category: Economy

New IMF MD Unveils Agenda
September 26, 2019 No Responses

New IMF MD Unveils Agenda

The Board of International Monetary Fund (IMF) on Wednesday selected Kristalina Georgieva to succeed Christine Lagarde. In her statement shortly after she was announced as the 12th Chief Executive since the Fund’s inception in 1944, Ms Georgieva said her immediate...
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Nigeria Sets Aside N310b For Road Projects
September 26, 2019 No Responses

Nigeria Sets Aside N310b For Road Projects

The Federal Executive Council (FEC) on Wednesday approved a total of N310 billion for road projects.Briefing Journalists at the end of Federal Executive Council (FEC) meeting chaired by Vice President Yemi Osinbajo, the Minister of Works and Housing, Babatunde...
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Photo News
September 26, 2019 No Responses

Photo News

UBA Photo News
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Senate Lauds Temporary Closure Of Land Borders
September 26, 2019 No Responses

Senate Lauds Temporary Closure Of Land Borders

The Senate has commended the recent decision by President Muhammadu Buhari to temporarily close all land borders to address smuggling and its impact on the Nigerian economy.The commendation came after the consideration of a motion titled: “The impact of bord...
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Osinbajo: I Am Ready To Waive Immunity To Clear My Name
September 26, 2019 No Responses

Osinbajo: I Am Ready To Waive Immunity To Clear My Name

Vice President Yemi Osinbajo says he is ready to waive his constitutional immunity to enable the “most robust adjudication” of several baseless allegations, insinuation and falsehoods against his person and office.Osinbajo’s spokesman, Laolu Akande, in a...
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Senate TO FG: Accelerate Diversification Of The Economy
September 25, 2019 No Responses

Senate TO FG: Accelerate Diversification Of The Economy

The Senate on Tuesday urged the Federal Government to accelerate its policies on the diversification of the economy to improve the country’s foreign exchange earnings.The call was made in resolutions reached by the Senate following consideration of a motion ...
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Keyamo: I Will Serve In Any Capacity
September 25, 2019 No Responses

Keyamo: I Will Serve In Any Capacity

Senior Advocate of Nigeria (SAN), Festus Keyamo, on Tuesday declared his resolve to serve the Nigerian Government in any capacity.He spoke on his deployment from the Niger Delta Affairs Ministry as Minister of State to the Ministry of Labour and...
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At UN General Assembly, Buhari Reiterates Commitment To Tackle Poverty, Hunger
September 25, 2019 No Responses

At UN General Assembly, Buhari Reiterates Commitment To Tackle Poverty, Hunger

It is my pleasure to be here with you to deliver this Keynote Address at this strategic High Level Event on the margins of the 74th Session of the United Nations General Assembly. Let me join others in thanking all...
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Navy Intercepts Cocaine Onboard Vessel
September 24, 2019 No Responses

Navy Intercepts Cocaine Onboard Vessel

Mexican Navy and Coast Guard personnel have seized over 80 kilograms of cocaine from a container aboard the CMA CGM Mississippi at the Pacific Ocean Port of Lázaro Cárdenas.The navy explained that a total of 70 packages containing approximately 82...
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Marguisa Shipping Line Flags Off Services To Calabar Port
September 24, 2019 No Responses

Marguisa Shipping Line Flags Off Services To Calabar Port

By ebosele@hotmail.com Marguisa Shipping Line has has flagged off services to Calabar Seaport.A Vessel from the stable of the Shipping Firm, MV Boreas from Valencia, its headquarters in Spain, enroute Port Harcourt arrived Calabar Seaport on Monday.A stat...
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Trial Of Train Services On Lagos-Ibadan Standard Gauge Begins November
September 24, 2019 No Responses

Trial Of Train Services On Lagos-Ibadan Standard Gauge Begins November

The Federal Government is to begin free ride on Lagos-Ibadan Standard Gauge rail line by November, 2019.Briefing Journalists in Lagos on Monday, the Minister of Transportation, Rotimi Amaechi, explained that the Federal Government is determined to deliver the ...
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“Nigeria Generated N28.6tri From Oil, Non-Oil Sources In Five Years”
September 23, 2019 No Responses

“Nigeria Generated N28.6tri From Oil, Non-Oil Sources In Five Years”

The Nigeria Extractive Industries Transparency Initiative (NEITI) has declared that  N28.58 trillion was remitted to the Federation Account between 2012 and 2016 from mineral revenues, non-mineral revenues and Value Added Tax (VAT). NEITI disclosed this o...
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Employers Blame Poverty In Africa On Incompetent Leaders, Corruption
September 20, 2019 No Responses

Employers Blame Poverty In Africa On Incompetent Leaders, Corruption

The United Kingdom based Federation of International Employers (FedEE) on Thursday decried the state of poverty in Africa.  In a release titled: ‘Why is Africa Poor?, the group said: “Most African countries have vast mineral resources, a rapidly growi...
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Innoson Joins Competition In Pick Up Segment
September 19, 2019 No Responses

Innoson Joins Competition In Pick Up Segment

Innoson has joined ongoing competition in the Pick-Up segment in the Nigerian market.The company recently supplied 100 units to the Enugu state government  Conducting Journalists round the vehicles in Enugu, the state Governor, Ifeanyi Ugwuanyi, explained tha...
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