NSE Photo News

NSE Photo News

L-R shows Mr Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange NSE; Rt. Hon. Zakawanu Garuba, Executive Commissioner, Securities and Exchange Commission (SEC ); Senator Ganiyu Olanrewaju Solomon,  former Chairman, Senate Committee on Capital Markets and Mr. Oluwaseyi...
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Minister laments ‘high-level’ corruption in Customs

Minister laments ‘high-level’ corruption in Customs

Efforts by the Federal Government to realize money from revenue generating agencies such as Nigeria Customs Service (NCS) is being hampered by alleged high-level corruption, the Minister of Finance, Kemi Adeosun has said.  Addressing members of the Senate Com...
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FG  Seeks NASS approval to borrow $29.9b

FG Seeks NASS approval to borrow $29.9b

The Federal Government has forwarded a letter to the National Assembly seeking approval to borrow externally $29.9 billion as part of measures to ensure the prompt implementation of projects. In a letter addressed to the Speaker of the House of...
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Don’t contemplate another fuel price hike, TUC tells FG

Don’t contemplate another fuel price hike, TUC tells FG

The Trade Union Congress (TUC) of Nigeria has advised the Federal Government not to contemplate any increase in the price of petroleum products.   The union in a statement on Tuesday described the statement credited to the Group General Manager,...
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‘No plan to increase petrol price’

‘No plan to increase petrol price’

The Nigerian National Petroleum Corporation (NNPC) has denied reported plan to increase the price of fuel.   In a statement issued by the Group General Manager, Group Public Affairs Division, NNPC, Mr. Garba-Deen Muhammad, the corporation said, “Reference o...
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Information portal for Nigerians underway

Information portal for Nigerians underway

The Federal Government will soon launch an Information Portal to keep Nigerians at home and in the diaspora abreast of government’s programmes and policies and also get their feedback.  The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed...
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NPA to restructure Ikorodu Lighter Terminal for Agric Export

NPA to restructure Ikorodu Lighter Terminal for Agric Export

The Nigerian Ports Authority (NPA) is to restructure  Ikorodu Lighter Terminal as part of measures to ensure its effective utilization.  Inspecting operations  at the Terminal,  NPA’s Board chairman, Emmanuel Adesoye, described the facility as a “Gold ...
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Minister hails rich cultural history of Benin Kingdom

Minister hails rich cultural history of Benin Kingdom

The Minister of Information and Culture, Alhaji Lai Mohammed, has hailed the very rich cultural history and tradition of the ancientBenin Kingdom, one of the famous destinations during the exploitation of the African continent by the Europeans. Speaking at ...
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Senate tasks FG on withdrawal of airlines from Nigeria

Senate tasks FG on withdrawal of airlines from Nigeria

The Deputy Senate President, Senator Ike Ekweremadu has described withdrawal of airlines from Nigeria as a bad omen for the country.   Speaking during a session on the proposed concessioning of four airports on Thursday, the Deputy Senate President explained...
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FG approves transaction adviser on rail concessioning

FG approves transaction adviser on rail concessioning

The Federal Executive Council (FEC) on Wednesday  approved the appointment of transaction advisers to negotiate with General Electric (GE) on railline  concessioning.  Speaking at the end of the meeting presided over by President Muhammadu Buhari, Minister ...
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FG approves N30 billion for mining

FG approves N30 billion for mining

The Federal Executive Council (FEC) on Wednesday approved N30 billion intervention fund for mining exploration in the country. Addressing Journalists after the meeting presided over by President Muhamadu Buhari, the Minister of Mining and Steel Development,...
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Chibok Girls: FG appeals against ‘dangerous comments’

Chibok Girls: FG appeals against ‘dangerous comments’

The Minister of Information and Culture, Alhaji Lai Mohammed, has appealed to commentators and analysts to refrain from making statements that can jeopardize the release of the Chibok girls who are still in captivity.  The Minister made the appeal on Sunda...
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FG proposes 10 earth dams for each state

FG proposes 10 earth dams for each state

To increase food production across the country, the Federal Government has concluded plans to install at least 10 earth dams in each state of the federation.   Under the arrangement,  dikes is also to be put in place  in the...
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Nigeria pledges to effectively implement IOPC Fund

Nigeria pledges to effectively implement IOPC Fund

The Federal Government of Nigeria has expressed its commitment to the implementation of the 1992 International Civil Liability Convention and the 1992 International Oil Pollution Compensation (IOPC) Fund.  The Director General of the Nigerian Maritime Adminis...
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