CBN injects $81.2m for BTA, SMEs, others

CBN injects $81.2m for BTA, SMEs, others

As a follow up to last Friday’s injection of $389 million into the retail segment of the Foreign Exchange Market (FOREX),  the Central Bank of Nigeria (CBN) on Monday,  intervened with the sum of $81.2 million in the invisibles and...
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Buhari hands over to Osinbajo, begins medical-check up in UK

Buhari hands over to Osinbajo, begins medical-check up in UK

President Muhammadu Buhari has travelled  to the United Kingdom for further medical check-up and consultations with his Doctors.   Already, the President has transmitted letters about the trip to the Senate and the House of Representatives, in compliance wit...
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82 Chibok Girls: Atiku lauds Buhari, security agents, BBOG

82 Chibok Girls: Atiku lauds Buhari, security agents, BBOG

Former Vice President and chieftain of the All Progressives Congress, Atiku Abubakar, received  news of the release of 82 Chibok Girls with great joy and gladness.   In a statement personally signed by the former Vice President in Yola, Adamawa...
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Photo News

Photo News

L-R: Executive Secretary, Nigerian Shippers’ Council,  Hassan Bello,  Managing Director, Nigerian Ports Authority, Hadiza Bala Usman, Executive Director, Finance and Admin, NIMASA, Bashir Yusuf Jamoh and Mrs Ify Anazonwu-Akerele, member, NCS at the investi...
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Buhari to receive freed 82 Chibok girls

Buhari to receive freed 82 Chibok girls

Boko Haram group have released 82 schoolgirls from a group of 276 they abducted in north-eastern Nigeria three years ago, the president’s office says. They were handed over in exchange for Boko Haram suspects after negotiations. The girls will be...
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SEC appoints interim Board for Ikeja Hotels

SEC appoints interim Board for Ikeja Hotels

The Securities and Exchange Commission (SEC) has announced the dissolution of the board of Ikeja Hotels Plc due to unresolved internal crisis involving some majority shareholders of Ikeja Hotels Plc  The Commission said this proactive measure has become neces...
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NPA deploys $30m tug boats, reiterates commitment to operational efficiency

NPA deploys $30m tug boats, reiterates commitment to operational efficiency

Citing need for greater operational efficiency at the nation’s Seaports, the Nigerian Ports Authority (NPA) on Wednesday in Lagos commissioned four new tug boats valued at $30 million.     Christened Mt. Daura, Mt. Ubima, Mt. Uromi and Mt. Majiya, the...
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CBN sanctions First Bank, GTB, others over alleged forex infractions

CBN sanctions First Bank, GTB, others over alleged forex infractions

The Central Bank of Nigeria (CBN) on Tuesday barred 15 commercial banks from dealing in foreign exchange through the recently created Small and Medium Enterprises (SMEs) wholesale forex window.  According to the CBN, the decision which is with immediate effec...
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NECA  explains inability to pay national minimum wage

NECA explains inability to pay national minimum wage

Nigeria Employers’ Consultative Association (NECA) has urged Stakeholders in the Socio-labour community and players in the Nigerian Industrial Relations’ System to be circumspect in their approach to the heated issue on the review of the National M...
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Nigeria LNG exports landmark 4000th cargo

Nigeria LNG exports landmark 4000th cargo

Nigeria LNG Limited (NLNG) on Monday, May 1st, 2017 reached another major milestone with the exportation of its 4000th cargo of Liquefied Natural Gas (LNG) from its Bonny Island Terminal in Rivers State to Mamara LNG Terminal in Turkey, which...
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Osinbajo: Nigeria’ll become self-sufficient in Rice production in 2018

Osinbajo: Nigeria’ll become self-sufficient in Rice production in 2018

Nigeria will become self-sufficient in rice production by the end of 2018, Vice President Yemi Osinbajo has said.   Speaking on Monday at the Platform, a yearly conference organised by the Christian Covenant Centre, in Lagos, Osinbajo said: “If all...
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FG pledges speedy passage of new wage bill as workers demand N65,000  minimum montly salary

FG pledges speedy passage of new wage bill as workers demand N65,000 minimum montly salary

The Federal Government on Monday in Abuja assured workers of speedy passage of the new National Minimum Wage.   Meanwhile, workers under the aegis of  Nigeria Labour Congress (NLC) and Trade Union Congress (TUC)  asked employers for a review of...
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Proceed on medical leave, Falana, others, tell Buhari

Proceed on medical leave, Falana, others, tell Buhari

Pro-democracy and civil society activists have advised President Muhammadu Buhari to proceed on medical leave immediately. In a statement on Monday, the activists explained that they were compelled to give the advice based on media reports that President Buhar...
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Reps to pass new minimum wage bill as ULC faults exclusive list report

Reps to pass new minimum wage bill as ULC faults exclusive list report

 The Speaker of the House of Representatives, Yakubu Dogara has reinterated the commitment of House to pass a new minimum wage bill.   In a message to mark the 2017 Workers’ Day, Dogara explained that increasing workers’ salary and wages...
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