Category: NEWS

  • Nigeria, China partner to revamp industry, agriculture sectors

    Nigeria, China partner to revamp industry, agriculture sectors

    People’s Republic of China has pledged to partner with the relevant authorities in revamping agriculture and industry sectors and prioritise areas of investments in Nigeria. Mr Cui Jiachun, Chinese Ambassador to Nigeria, said this in an interview with newsmen in Abuja, as his country signed a letter of intent with Nigeria. Cui was speaking shortly […]

  • Breaking: Alleged N6.3bn Fraud: Court Discharges, Acquits Jang

    [ad_1] Seriki Adinoyi in Jos Plateau State High Court sitting in Jos on Friday discharged and acquitted a former Governor of the state, Jonah Jang, over the N6.3 billion corruption charges against him by the Economic and Financial Crimes Commission (EFCC). Presided over by Justice Christy Dabup,  the court also discharged and acquitted a former […]

  • Oil Revenue witnesses 28.3% drop with N799.10 billion generated in Q1

    Oil Revenue witnesses 28.3% drop with N799.10 billion generated in Q1

    The Nigerian oil industry witnessed low sales in the first quarter, Q1 of 2022 with revenue dropping to N799.10 billion, a figure which indicates a 28.3% decline from N1.11 trillion earned during the same period in 2021. This release was disclosed in the Central Bank of Nigeria, CBN’s recent Economic and Statistical report for Q1, […]

  • Ice Prince Zamani Arrested for Assaulting Police Officer

    [ad_1] By Vanessa Obioha  The Spokesperson of Lagos State Police Command, Benjamin Hundeyin, on Friday morning tweeted that rapper Ice Prince Zamani was arrested for abducting and assaulting a police officer. In his post, Hundeyin narrated how the rapper was stopped for driving without license plates by 3am.  “He agreed to be taken to the […]

  • Stock market gains N29bn, indices up 0.11%

    Stock market gains N29bn, indices up 0.11%

    Trading on the domestic stock market remained bullish with the market capitalisation gaining N28.73 billion to close at N26.908 trillion from N26.880 trillion posted on Wednesday. Similarly, the All Share Index rose by 53.29 points or 0.11 per cent to close at 49,889.80 from 49, 836.51 achieved on Wednesday. The upturn was impacted by gains […]

  • With 177 Days to Presidential Poll, Race Still Too Close to Call

    [ad_1] THISDAY SPECIAL REPORT • THISDAY defines path to victory for Atiku, Tinubu, Obi Next year’s general election, which kicks off with the presidential run on Saturday, February 25, is 177 days away today. But the current standing of the major presidential candidates and their parties, gleaned from assessment of public opinion, is still too […]

  • Ayu: Those Calling for My Sacking Are Children

    [ad_1] •Why chairman’s exit won’t solve alleged marginalisation, as party constitution mandates northern takeover •PDP NWC in marathon meeting over NEC, national caucus  •Ortom speaks on relationship with Wike, says he’s a good friend Chuks Okocha in Abuja National Chairman of Peoples Democratic Party (PDP), Dr. Iyorchia  Ayu, yesterday, said those calling for his ouster […]

  • Stable oil market beneficial to all – Sylva

    Stable oil market beneficial to all – Sylva

    Chief Timipre Sylva, Minister of State for Petroleum Resources, says a stable oil market will benefit all consumers, producers and investors. Sylva said this in a statement obtained by the News Agency of Nigeria (NAN) on Sunday in Lagos. He said Nigeria supports the call by Prince Abdulaziz Bin Salman, Minister of Energy of Saudi […]

  • Obasanjo Visits Abdulsalami, Babangida, Promises to Unveil 2023 Agenda Soon

    [ad_1] Laleye Dipo in Minna Former President Olusegun Obasanjo has promised to unveil his agenda for the 2023 elections “soon”. Obasanjo made this known in Minna, Niger State Sunday, after paying a visit to former Head of State, Gen. Abdulsalami Abubakar (rtd), at his uphill residence. Obasanjo did not give details of the agenda to […]

  • CBN makes strong case for economic diversification

    CBN makes strong case for economic diversification

    The Director of Trade and Exchange Department, Central Bank of Nigeria (CBN), Dr Ozoemena Nnaji, says there is urgent need to diversify the Nigerian economy to spur growth. Nnaji made the call on Saturday, at the 33rd Seminar for Finance Correspondents and Business Editors in Abuja. She said that the status of Nigeria as a […]

  • ICT sector contribute 18.44% to Nigeria’s GDP, says NBS

    ICT sector contribute 18.44% to Nigeria’s GDP, says NBS

    The National Bureau of Statistics (NBS) said Information and Communication Technology (ICT),sector had contributed 18.44 per cent to the ‘Nigeria’s Gross Domestic Product Report’ for Q2 2022. Dr Femi Adeluyi, Technical Assistant Research and Development to the Minister of Communications and Digital Economy, made this known in a statement on Saturday in Abuja. Adeluyi said […]

  • SheVentures offers up to N5m  interest loans to women entrepreneurs

    SheVentures offers up to N5m interest loans to women entrepreneurs

    #FeatureBySheVentures: Are you a female entrepreneur in need of a loan to scale up your business? You can take a loan of up N5million with no interest! Apply for the SheVentures Interest Loan via this LINK right away! SheVentures, the unique proposition in support of the Nigerian woman in business, is powered by First City […]