Gov. Babagana Zulum of Borno has directed state authorities to take decisive action against illegal activities contributing to the growing instability in the state. The governor gave the directives at the opening of the expanded State Security Council meeting on Tuesday in Maiduguri, Zulum said that the activities not only …
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NSC Recommends Group Export Strategy Amid U.S. tariff on Nigerian goods
THE Nigerian Shippers’ Council (NSC) has advised exporters to adopt group export strategies to remain competitive following the recent 14 per cent tariff imposed by the United States on Nigerian exports. NSC’s Deputy Director, Stakeholders Services, Mrs. Hannah Adaba. made the recommendation during a sensitisation programme held in Kaduna State. The …
Read More »Gov. Adeleke Seeks UK Investment in Osun
Gov. Ademola Adeleke of Osun has appealed to the United Kingdom to focus on subnational investment in the state, describing the state as the heartland of South-western Nigeria. This is contained in a statement issued on Tuesday in Osogbo by Malam Olawale Rasheed, the spokesperson for the governor. The statement …
Read More »FG to generate over $200bn Annually from Space Regulation, Licensing – NASRDA
THE Federal Government on Tuesday in Abuja said it could generate over 200 billion dollars annually from space regulation and licensing. Chief Uche Nnaji, Minister of Innovation, Science and Technology said this at a one-day sensitisation and stakeholders engagement on the commencement of space regulation, spectrum management and licensing in …
Read More »Air Peace Introduces New Boarding Procedure
Air Peace has introduced a new boarding system to provide a smoother, more professional travel experience for passengers with special needs, military personnel, and Business Class travellers. Air Peace Chairman and CEO, Dr Allen Onyema, confirmed this in a statement on Tuesday by the airline’s Head of Corporate Communications, Dr …
Read More »Rivers Govt Urges Youths to Enrol in Nigerian Army
THE Rivers State Government has on Tuesday advised youths to take advantage of the ongoing Nigerian military recruitment exercise to develop their career and life paths. The Secretary to the State Government (SSG), Prof. Ibibia Worika, made the remark when he received a team from the Army Headquarters, led by …
Read More »Wike Bags Leadership Newspaper’s Outstanding Person in Governance, Infrastructure Award
THE Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has won the Leadership Newspaper’s Quinquennial Award for outstanding person in governance and infrastructure. Mr Anthony Ogunleye, Director of Press, Office of the Minister, disclosed this in a statement in Abuja on Tuesday. Ogunleye explained that the award was …
Read More »Stock Market Rebounds with N101bn gain
THE Nigerian Exchange Ltd. (NGX) rebounded on Tuesday, reversing several days of bearish trends, with a gain of N101 billion. The NGX market capitalisation rose by N101 billion or 0.15 per cent, closing at N65.589 trillion, up from N65.488 trillion on Monday. Similarly, the All-Share Index (ASI) increased by 159.88 …
Read More »ECOWAS Bank approves €230m to strengthen infrastructure in West Africa
THE Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved a total of €230 million and $10 million to finance projects aimed at stimulating development and boosting economic activities in West Africa. A statement by the bank on Tuesday said the financing package was granted …
Read More »N5.51trn pension Investment to Boost Economy – PenCom
THE Director General (D-G) of the National Pension Commission (PenCom), Omolola Oloworaran, says the N5.51 trillion pension investment will boost the country’s real sector development. This is contained in a statement issued by the management of the commission in Abuja on Tuesday. The investments, she said, span infrastructure, private equity …
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