Nigeria, US Form Partnership on Mining Development
In a resolve to strengthen collaboration between Nigeria and the United States on mining development, both countries have formed a working group to work out modalities of partnership. As a follow-up to last week’s Abuja meeting with the United States…
Delta State Governor Assents 2024 Appropriation Bill of N724bn
Delta State Governor, Rt. Hon. Sheriff Oborevwori, Wednesday, in Asaba, assented to the state’s 2024 Appropriation Bill of N724,979,313,867 billion. The approved budget is made up of N316,624,462,711 recurrent expenditure while the sum of N408,354,851,156 is for capital expenditure. While…
Over 41,000 Households Benefited from N5.3bn NG-CARES Programme — BOI
The Bank of Industry (BOI) has disclosed that over 41,000 households and companies have benefited from the Bank’s N5.3 billion COVID-19 Action Recovery and Economic Stimulus (NG-CARES) programme disbursements in four years. Speaking on Thursday at NG-CARES Stakeholders Engagement Workshop…
Oborevwori Identifies Threats to Ease of Doing Business in Nigeria
Delta State Governor, Rt. Hon. Sheriff Oborevwori, Monday, identified harsh and hostile operating environment, poor basic infrastructure, insecurity and policy flip flops as disincentive to both local and foreign investments in Nigeria. Governor Oborevwori also remarked that the nation’s tax…
Nigeria’ll Derive Maximum Benefits From Revised Guidelines For CDA — Alake
The Minister for Solid Minerals Development, Dr Oladele Alake has stated that the country is poised to derive maximum socio- economic benefits from a sanitized mining environment through a revised Community Development Agreements (CDAs) in line with international best practices….
Photo News: Unity Bank MD Tasks Students On World Savings Day Training
The Managing Director/Chief Executive Officer of Unity Bank Plc, Mrs Tomi Somefun has charged parents to take greater responsibility in supporting early child adoption of Banking and savings culture as the bedrock for forging sustainable wealth creation for Nigerian Child….
There Will Be No Christmas Rice In Nigeria
(Verse 1) Dis December… We no go chop rice, e scarce for pot, For dis Naija, e don dey too hot, Hardship dey bite, we don chop pepper, For dis economy, e be like say na suffer. (Chorus) We no…
Solid Minerals Will Boost Nigeria’s Revenue — FIRS Boss
The newly appointed Acting Chairman of the Federal Inland Revenue Service, Mr. Zachaeus Adedeji has said the administration is counting on the growth of the solid minerals sector to boost the economy. Speaking on a courtesy visit to the Minister…
Amid NASS Probe: NEITI Uncovers $9.85bn Debts Owed Federal Govt By Oil Firms, Others
The House of Representatives ad-hoc committee investigating crude oil theft and loss of revenues from oil and gas companies has again insisted that agencies and other stakeholders in the industry evading the ongoing investigation appear before it unfailingly, LEADERSHIP reports….
Most Successful Economic Period In Nigeria Was Under Obasanjo
Former Governor Nasir El-Rufai of Kaduna State has said the second term of former President Olusegun Obasanjo yielded the most successful in terms of economic growth, job creation, and inflation rate in Nigeria. Obasanjo governed the country from 1999 to…
CBN Reacts To Reports On Naira Redenomination
The Central Bank of Nigeria (CBN) has reacted to the Social Media dominated reports on Naira redenomination amid high inflation in the West African country. The CBN, in its reaction, denied plans to re-denominate the naira, saying that a statement…