The federal government is looking towards a reduced interest rate to attract investments and grow the economy according to the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun. Speaking on the sidelines of the World Bank-IMF spring meeting holding in Washington D.C, United States, the Minister stated that the federal government…
The Nigerian Army has released the traditional ruler of Ewu kingdom, Clement Ikolo Oghenerukvwe who surrendered himself in the course of investigations into the killings of 17 military officers in Okuoma, Delta State. In a short ceremony at the Nigerian Army Headquarters in Abuja, the Director of Army Public Relations, Maj. General Onyema Nwachukwu handed…
The Minister of State for Gas, Ekperikpe Ekpo, has said that the Federal government secured an agreement with Shell (SHELL) to supply gas to its planned $3.8 billion methanol plant in Brass, Bayelsa State, clearing a significant obstacle for the final investment decision on the project. Ekpo said that following successful negotiations with the CEO…
As the World Bank-IMF Spring Meetings intensify in Washington DC, the Federal Government has assured that it will continue to showcase the progress made so far in the Nigerian economy in order to attract more foreign investment into the country with a view to improving on the lives of Nigerians. The Honourable Minister of Finance…
The Federal Competition and Consumer Protection Commission (FCCPC) is aware of the concerns expressed by Nigerians regarding the continued rise in prices of goods and services. Despite the recent appreciation of the Naira against the dollar, consumers continue to face escalating costs without a corresponding decrease in prices. This situation is unacceptable, and the FCCPC…
The Kaduna state house of assembly has expressed concerns over the “subtle threat messages” directed at Yusuf Liman, the speaker of the house, by Bello el-Rufai, a federal lawmaker. Bello, a lawmaker representing Kaduna north federal constituency, is the first son of Nasir el-Rufai, former governor of the state. On Tuesday, the Kaduna house of…
Speaking in Lagos during a series of meetings with stakeholders in the education sector yesterday, Sawyerr said the fund was a tool for wealth redistribution in the society. ” Though President Bola Tinubu believes the fund is for all Nigerians, some factors have not made us to consider including students in private institutions as beneficiaries…
The Joint Admissions and Matriculation Board, (JAMB), has ordered all Computer-Based Test, CBT, centre owners to ensure the arrest of any parent found close to any of their facilities during the 2024 UTME exercise. The Board’s spokesman, Fabian Benjamin, gave the directive at the final briefing of CBT centre owners, on Wednesday, saying that the…
The federal government has officially kicked off the disbursement of the N50,000 Presidential Conditional Grant Scheme, popularly known as the Trade Grants Scheme, to nano businesses across Nigeria.Nano businesses, defined by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) as enterprises with one or two workers and an annual turnover of less than…
An Ibadan Chief Magistrate Court convened on Wednesday to arraign twenty-nine suspects purportedly linked to the Yoruba Nation movement for their suspected roles in the thwarted incursion of the Oyo State Government Secretariat on April 13.They were brought before the court to answer to seven charges, which included treasonable felony, membership in an unlawful organization,…
