FG spends N750B for infrastructure development in five months, says Minister

FG spends N750B for infrastructure development in five months, says Minister

As part of measure to reposition Nigeria’s economy, the Federal Government in the last five months mobilized not less than N750 Billion for infrastructure development.   Speaking in Lagos on Saturday at the 2016 Wealth Creation Platform organized by KICC...
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FG congratulates Super Eagles for defeating Algeria

FG congratulates Super Eagles for defeating Algeria

President Muhammadu Buhari on Saturday congratulated the Super Eagles on their 3-1 victory over Algeria in the African qualifiers for the 2018 World Cup in Russia.   Buhari commended the team and its handlers for their determination and high professionalism.....
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Dangote foundation to unveil private sector strategy against malaria

Dangote foundation to unveil private sector strategy against malaria

With Nigeria accounting for 300, 000 out of 100 million deaths arising from Malaria complications worldwide annually, the Dangote Foundation is set to launch a private sector policy documents aimed at reversing the trend. The Dangote Foundation said it was ch...
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‘Nigeria has political will to drive sustainable tourism’

‘Nigeria has political will to drive sustainable tourism’

The Minister of Information and Culture, Alhaji Lai Mohammed, said the Federal Government has demonstrated that it has the political will to drive sustainable tourism in the country,  Speaking at a panel of African Ministers of Tourism, who met on the sid...
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NSE Photo News

NSE Photo News

L – R Abimbola Ogunbanjo, First Vice President, The Nigerian Stock Exchange (NSE); Oscar N. Onyema, OON, Chief Executive Officer, NSE; Prof. Yemi Osinbajo, SAN, GCON, Vice President, Federal Republic of Nigeria; Aigboje Aig-Imoukhuede, CON, President, NSE an...
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Criticism trails FIRS N143B budget

Criticism trails FIRS N143B budget

The dust raised  by the N143 Billion Federal Inland Revenue Service (FIRS) budget for 2017 continued unabated yesterday in the Senate.   At the end of yesterday’s session, the Senate rejected the budget and the report of its Finance Committee, citing...
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Nigeria to unveil Africa’s fifth largest modular floating dockyard in 2017

Nigeria to unveil Africa’s fifth largest modular floating dockyard in 2017

The Director General of the Nigerian Maritime Administration and safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the Agency is set to deliver what will be Africa’s fifth largest floating dockyard in 2017. Peterside stated this during a projec...
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Maritime’s role critical in economic recovery efforts, says NPA Chairman

Maritime’s role critical in economic recovery efforts, says NPA Chairman

The maritime sector has critical role to play in the ongoing efforts to reposition Nigeria’s economy, the Board Chairman of Nigerian Ports Authority (NPA), Mr Emmanuel Adesoye has said.   The obvervations were made by Adesoye and members of the...
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Senate faults rail track concession deal with General Electric

Senate faults rail track concession deal with General Electric

Citing lack of due process, the Nigerian Senate on Tuesday commenced investigation into the concession of Eastern and Western rail lines to General Electric (GE).  According to the Senate, the contract entered into with the United States Company did not...
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NSE Photo News

NSE Photo News

 L – R  shows Efiok E. Efiok, Head, Investment Management Department, Securities and Exchange Commission (SEC); Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Hajara Adeola, Managing Director, Lotus Capital Limited; Garet...
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Rail track concession: Deliberate undervaluation, lack of due process

Rail track concession: Deliberate undervaluation, lack of due process

By Segun Esan and Romanus Emezie –  On August 12, 2016, the Vice President of Federal Republic of Nigeria announced that the Bureau of Public Enterprises (BPE), in collaboration with Infrastructure Concession Regulatory Commission (ICRC), established th...
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NPA Photo News

NPA Photo News

Executive Director of NPA (Marine and Operations) Dr Sokonte Davies (Left) and Hon Obinna Chidoka, Chairman House of Representative Committee on Environment during the Committee oversight function to NPA.
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NPA Board wades into Calabar dredging stalemate

NPA Board wades into Calabar dredging stalemate

The Board of Nigerian Ports Authority (NPA) has pledged to facilitate successful dredging of Calabar Seaport as part of measures to generate more jobs and ginger economic activities.  Inspecting facilities at the Seaport on Monday, members of the Board led...
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NECA lauds suspension of FRCN’S Code of Corporate Governance

NECA lauds suspension of FRCN’S Code of Corporate Governance

The Nigeria Employers’ Consultative Association (NECA) has commended the Federal Government on its decision to suspend the Financial Reporting Council (FRCN)’s recently released Code of Corporate Governance.   In a statement, NECA considered the action ap...
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