Extreme Poverty Giving Me Sleepless Nights - Osinbajo

Vice President Yemi Osinbajo expressed concern over the increasing poverty level in the country. Osinbajo featured on a TV programme alongside Srikant Datar, Professor of Business Administration (HBS), and Bayo Ogunlesi, a Nigerian investment banker at a question and answer session moderated by Hakeem Bello-Osagie, Chairman of Metis Capital Partners.

Blacklist Firms Importing Palm Oil, Buhari Orders CBN

As part of efforts to ensure the growth of small and medium scale enterprises in the country, President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist any firm, its owner and top management caught smuggling or dumping any of the restricted 43 items into the country. The directive was disclosed by the apex bank Governor, Mr Godwin Emefiele on Friday in Abuja during a meeting with oil palm producers.

Osinbajo Speaks On Plans For Power Sector

Vice President, Prof. Yemi Osinbajo, today 19 June 2019 while speaking during a breakfast meeting of the Lagos Business School in Abuja says the Federal Government is discussing with stakeholders on ways to restructure Nigeria’s power sector. He revealed that the move became necessary following the need to improve supply and attract more investment to the country.

100m Nigerians out of poverty soon - Buhari

President Buhari on Wednesday while presenting a speech during the nation's maiden democracy day noted that his administration was perfecting plans to take over one hundred (100) million Nigerians out of poverty in 10 years. He noted that his administration would ensure rapid and positive growth in the economy to move Nigeria away from poverty.

CBN Refute Claims Of Decline In FDI,Say Nigeria Attracts $10.65bn

Following claims by online media platforms that Nigeria experienced a decrease of over 40 per cent in Foreign Direct Investment (FDI) in 2018, the apex bank through it Director, Corporate Communication Department of the Central Bank of Nigeria (CBN), Mr Isaac Okoroafor, has refuted the claims.

FG To Lift Land Border Vehicle Importation Ban – Custom Boss

The Comptroller General of Nigeria Customs Services, Hameed Ali says the Federal Government may lift subsisting ban on importation of vehicles through the land border.

2019 Elections: INEC Offers Automatic Employment To Corps Members

The Independent National Electoral Commission (INEC) on Monday said it will offer automatic employment to National Youth Service Corps (NYSC) corps members who distinguished themselves during the 2019 general election.

NNPC Makes N174.62bn From Petroleum Products Sales

The Nigerian National Petroleum Corporation (NNPC) says it has recorded N174.62billion from sales of white products in March 2019. The information is contained, in the corporation’s Monthly Financial and Operations Report (MFOR) for March 2019.

Ondo community signs pact with IPP

Respite may be becoming the way of residents of Aboto community in Ilaje Local Government Area of Ondo State as it has sealed an agreement with R.R. Reynolds, an Independent Power Provider, on billing terms and prompt payment. The pact was sealed during a town hall meeting in Aboto on Thursday.

Emefiele Sworn In For Second Tenure

Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), was yesterday sworn in for a second tenure. According to a statement by the Director Corporate Communications, Mr Isaac Okoroafor, Emefiele was sworn in by the Bank’s Secretary and Director, Corporate Secretariat Department, Mrs Alice Karau.