Federal Archives — Page 124 of 134

September 2, 2016 No Responses

NECA blames recession on inadequate policies

The Nigerian Employers Consultative Association of Nigeria (NECA) has blamed Nigeria’s ongoing economic challenges on inadequate policy direction on the part of the present administration. President of NECA, Mr Larry Ettah, in his address at the Association’s Annual General...

September 2, 2016 No Responses

Elumelu seeks stronger business tiers between Africa, France

The chairman of Heirs Holdings and United Bank for Africa (UBA), Tony Elumelu has called for stronger business relationship between Africa and France. Speaking at the MEDEF Summer University Forum in Paris , Elumelu who is also founder of...

September 2, 2016 No Responses

FG to partner Northern States on revival of Durbar Festival

The Federal Government is to work with the states in Northern Nigeria to revive the Durbar Festival because of its huge potential to showcase the pristine African culture and also create jobs. The Minister of Information and Culture, Alhaji Lai Mohammed,...

September 2, 2016 No Responses

No going back on new minimum wage, says NLC

The Nigeria Labour Congress (NLC) yesterday called on the Federal Government to reconstitute the tripartite committee to negotiate a new minimum wage in view of the current economic recession facing the country. Speaking at 59th Annual General Meeting, NL...

September 1, 2016 No Responses

Airtel, Nestle CEOs list modalities for improved GDP

The critical role of private sector in the development of Nigeria’s economy took the centre stage on Wednesday at the second edition of Nigerian Stock Exchange (NSE) Chief Executive Officers (CEOs) roundtable discussions in Lagos. Some Chief Executive Off...

September 1, 2016 No Responses

Nigeria’s GDP Contracts 2.06% as NBS confirms recession

The National Bureau of Statistics (NBS) confirmed on Wednesday that Nigeria has entered the recession bracket. The situation is further compounded as the country continues to records job losses occasioned by sustained drop in the price of crude oil...

August 31, 2016 No Responses

FG seeks cultural tiers with Sudan

The Minister of Information and Culture, Alhaji Lai Mohammed, has called for the strengthening of bilateral ties between Nigeria and Sudan in the areas of cultural/creative industry and digital economy in order to boost the efforts of the two countries...

August 31, 2016 No Responses

CBN approves 11 international money transfer operators

The Central bank of Nigeria (CBN) has licensed 11 new international money transfer operators (IMTOs) to do business in the country’s foreign exchange market. A statement issued by CBN spokesperson Isaac Okorafor, explained that the licensing was in further...

August 31, 2016 No Responses

Nigeria, Britain seal MoU on stolen funds

A Memorandum of Understanding (MoU) on modalities for the repatriation of Nigeria’s stolen assets has been signed by Nigeria and British Government The Attorney-General of the Federation, Abubakar Malami, who signed onbehalf of Nigeria explained that the ...

August 31, 2016 No Responses

FG to award Lagos-Ibadan railway contract

The Federal Government has concluded plans to award the contract for the construction of Lagos-Ibadan railway contract. According to the Minister of Transport, Rotimi Amaechi, plans are also underway to sign the contracts for Kano-Kaduna and Calabar-Port Har...

August 30, 2016 No Responses

NSE tasks dealing clerks on professionalism, integrity

The Nigerian Stock Exchange (NSE) has challenged recently qualified dealing clerks to maintain internal values of Professionalism, Integrity, Transparency and Reliability. Speaking at the induction ceremony on Monday, the Chief Executive Officer of NSE, Mr ...

August 30, 2016 No Responses

Pay Siasia his emoluments, Dalung tells NFF

The Minister of Youth and Sports, Solomon Dalung, has directed the Nigeria Football Federation (NFF) to pay the U-23 national team’s Coach, Samson Siasia, all his emoluments. Speaking during the visit of Siasia and his wife, Eunice, to Dalung...

August 27, 2016 No Responses

Buhari approves governing boards for NPA, NIMASA

President Muhammadu Buhari has approved the composition of the Governing Boards of the Nigerian Ports Authority (NPA) and the Nigerian Maritime Administration and Safety Agency (NIMASA). A statement issued by the Director (Press) in the office of the Secretary...

August 27, 2016 No Responses

Super Falcons maintains position as Africa’s best in FIFA ranking

Nigeria’s female foot ball team, Super Falcons retain position as the best within the Africa continent in the new FIFA ranking released on its website on Friday. However, the seven-time Africa Women’s Cup of Nations Winners remained at number...