President Muhammadu Buhari on Tuesday issued a stern warning to those bent on destroying the country through promoting insurrection, and burning down critical national assets: a rude shock awaits them, and very soon too. The President spoke after he received briefing from Chairman of Independent National Electoral Commission (INEC), Prof Mahmood Yakubu, on series of…
The Chartered Institute of Bankers of Nigeria, CIBN and the Economic and Financial Crimes Commission, EFCC have resolved to strengthen their collaboration in tackling corruption in the financial sector. Speaking during a courtesy visit to the EFCC’s headquarters in Abuja on Monday, May 31, 2021, the Chairman of CIBN, Bayo Olugbemi stated that there was…
Lagos State Governor, Mr. Babajide Sanwo-Olu has urged the Federal Government to provide adequate funding for the Lagos-Badagry Expressway, an international gateway to West African countries. He said Lagos State Government has taken a leap to start a 10-lanes highway on the Lagos-Badagry Expressway and it has already done almost 18 kilometers of the road.…
The Nigerian Bottling Company Ltd (NBC) has reiterated its unwavering commitment towards empowering the nation’s youth, through programs that enable them to thrive and also contribute meaningfully to economic development. The Manager, Sustainability & Community Affairs, Nigerian Bottling Company (NBC), Ifeoma Okoye reaffirmed this at the campus edition of the company’s Youth Empowered Programme tagged…
Former President Dr. Goodluck Ebele Jonathan has expressed shock over the death of his former political adviser, Ahmed Gulak, who was killed by unknown assailants in Owerri, Imo State. The former President described his death as a painful loss, noting that the deceased was a loyal public servant and dedicated patriot. Gulak, a chieftain of…
Dangote Sugar Refinery Plc has urged government to faithfully follow through the Backward Integration Policy in the sugar industry as the nation stands to rake in foreign exchange up to $700millon yearly from Sugar production self-sufficiency. Chairman of Dangote Sugar Refinery Aliko Dangote at its 15th Annual General Meeting (AGM) held in Lagos said that…
The Nigerian Army has announced that Boko Haram terrorists suffered a humiliating defeat in Rann, the headquarters of Kala Balge LGA of Borno State, barely hours into the tenure of the new Chief of Army Staff, Faruk Yahaya. A statement issued and signed by the Director, Army Public Relations, Mohammed Yerima, on Saturday, May 29,…
The Lagos State Government has announced the closure of the Costain to Alaka section of Eko Bridge effective from Friday, June 4 to Friday, August 13, 2021, for the commencement of emergency repairs by the Federal Government. According to a statement signed by the Commissioner for Transportation, Dr. Frederic Oladeinde, the repair became necessary to…
President Mohammadu Buhari has appointed Major General Farouk Yahaya as the new Chief of Army Staff (COAS). Major General Yahaya replaces Ibrahim Attahiru, a lieutenant general, who died last week in an air crash alongside 10 other military officers . Prior to his appointment Major General Yahaya was the General Officer Commanding 1 Division of…
Trade is crucial to bridging economic gaps and boosting infrastructural development. Countries with international solid trade portfolios tend to grow faster, innovate more and provide higher incomes and economic opportunities for their citizens. Beyond integration into the global economy through trade and global value chains that help drive economic growth, open trade also benefits low-income…