Sen. John Owan-Enoh, the Minister of State for Industry, Trade and Investment, has described the N200 billion intervention fund for Micro Small and Medium Enterprises (MSME) as a financing pipeline for businesses. Owan-Enoh stated this at a town hall meeting on the presidential grant and loan scheme for MSMES in …
Read More »Breaking News
President Tinubu Inaugurates National Census Committee, Gives 3-week Deadline For Report
President Bola Tinubu on Wednesday inaugurated a high-level committee on the forthcoming national population and housing census. The President tasked the committee to submit an interim report within three weeks, Mr Bayo Onanuga, his spokesman, said in a statement. The President said the census was crucial for national development, …
Read More »73-year-old UniUyo Professor Dies 24 years After Unjust Sack, Unpaid Entitlements
Inih Ebong, an associate professor of theatre arts, who was unjustly sacked 24 years ago by the University of Uyo (UniUyo) in Akwa Ibom State, is dead. 73-year-old Ebong died in the early hours of Wednesday, 16 April, at the University of Uyo Teaching Hospital, his wife, Uduak, reportedly told …
Read More »Nigeria, EU Strengthens Ties on Solid Minerals
THE European Union (EU) and Nigeria have indicated interest in boosting trade and investment in Nigeria’s solid minerals sector. This follows a meeting on Tuesday, where EU Ambassador to Nigeria and ECOWAS, Mr Gautier Mignot, led a delegation to the Minister of Solid Minerals Development, Dr Dele Alake, in Abuja. …
Read More »Stock Market Rebounds with N19bn gain
THE Nigerian Exchange Ltd. (NGX) rebounded on Tuesday, breaking a two-day bearish run with a market gain of N19 billion. The NGX market capitalisation rose by N19 billion or 0.03 per cent, ending at N65.704 trillion, up from N65.685 trillion on Monday. Similarly, the All-Share Index (ASI) added 30.40 points …
Read More »Man Commits Suicide After Falling Prey to “Yahoo Boys”
A PoS operator in Uyo, Akwa Ibom State, has committed suicide after reportedly losing ₦2.5 million to internet fraudsters. The incident has sparked emotional responses and calls for increased mental health awareness and protective measures for victims of online scams and cybercrime in Nigeria. The incident which happened at Atan …
Read More »Court Strikes Out case Against 27 Pro-Wike Rivers Lawmakers
THE Federal High Court sitting in Port Harcourt has struck out a suit challenging the defection of 27 members of the Rivers State House of Assembly. The case, instituted by the Labour Party, sought to have the lawmakers’ seats declared vacant for alleged decampment from the Peoples Democratic Party (PDP) …
Read More »Enugu House of Assembly Passes Anti-Corruption, Transparency Bill
ENUGU State House of Assembly on Tuesday passed the bill seeking to establish the Enugu State Anti-Corruption and Transparency Commission and for Connected Purposes, House Bill No. 5. The Executive bill was sponsored by the Leader of the assembly, Chief Iloabuchi Aniagu (PDP Nkanu West). He said that the bill …
Read More »Police Arraign Employee Over Alleged N2.1m Company Fraud
A 45-year-old staff member of a Lagos-based company, D Breeze Protection Service Ltd., Kolawole Dawodu, has appeared before an Ikeja Magistrates’ Court for allegedly defrauding his employer of N2.1 million. Daodu is standing trial on a three-count charge of conspiracy, stealing and obtaining under false pretences, to which he pleaded not guilty. The prosecutor, SP …
Read More »FG Gazzettes ECOWAS Tarriffs, Advancing AfCFTA Implementation
The Federal Government has officially gazetted and transmitted the ECOWAS schedule of tariff offers for Trade in Goods under the African Continental Free Trade Area (AfCFTA) to it secretariat. This is contained in a statement by Dr Jumoke Oduwole, Minister of Industry, Trade and Investment, on Tuesday in Abuja. Oduwole …
Read More »