Main Menu

Author: Justin Nwosu

FG’s 774,000 Job-for-youths Scheme Finally Takes Off

Minister of State for Labour and Employment, Festus Keyamo
After a series of hiccups, the Federal Government yesterday formally kick-started the Special Public Works (SPW) programme, targeted at employing 774,000 youths. Minister of State for Labour and Employment, Mr.Read More

Buhari: No Sustainable Development Without Adequate Infrastructure

President Muhammadu Buhari
President Muhammadu Buhari yesterday restated his determination to bridge the infrastructural deficits in the country, saying sustainable development is not possible when a country is hobbled by severe infrastructural shortfalls.Read More

FCMB CEO Goes On Leave As Bank Intensifies Probe Into Paternity Allegation

Chief Executive Officer of First City Monument Bank Limited (FCMB), Mr. Adam Nuru
The Chief Executive Officer of First City Monument Bank Limited (FCMB), Mr. Adam Nuru, has voluntarily chosen to proceed on leave as the bank’s board investigate the allegation of paternityRead More

Nigeria Owes IMF, World Bank, Others $31.98bn

Debt Management Office (DMO)
Nigeria’s bilateral and multilateral debts stood at $31.98 billion as of September 2020, according to the latest figures released by the Debt Management Office (DMO). The outstanding debts are notRead More

OPEC Mandates Nigeria To Cut Production By 939,000bpd In Three Months

Organisation of the Petroleum Exporting Countries (OPEC)
Resolves to return additional 500,000bpd for February, March Gives defaulting countries January 15 compensation deadline The Organisation of Petroleum Exporting Countries (OPEC) yesterday upheld its December 3, 2020 decision toRead More

OPEC Fails To Agree On February Oil Production Output

Organisation of Petroleum Exporting Countries (OPEC)
Meeting continues today as S’Arabia warns against laxity Members of the Organisation of Petroleum Exporting Countries (OPEC) and their allies, including Russia, yesterday failed to reach an agreement on productionRead More

No South-East Gov Defecting Again, Says PDP

National Vice Chairman of the PDP in the South-East zone, Chief Ali Odefa
Orders members in Anambra to withdraw suits against party Warns of looming anarchy in Ebonyi The Peoples Democratic Party (PDP) yesterday dismissed speculations that it is about to lose anotherRead More

MAN President Calls For Policy, Regulations Against Dumping

resident of the Manufacturers Association of Nigeria (MAN), Mr. Mansur Ahmed
The President of the Manufacturers Association of Nigeria (MAN), Mr. Mansur Ahmed, has called on African governments to muster the political will to implement policies and regulations that will curtailRead More

BUA Cement Succeeds With N115bn Bond Issuance

BUA Group
Issue oversubscribed by 37% BUA Cement Plc, one of Africa’s largest cement companies, has successfully concluded its N115 billion Series 1 Fixed Rate Senior Unsecured Bond Issue under the company’sRead More

Disclosed: Nigeria Misses 2020 Target To End Gas Flaring

National Oil Spill Detection and Response Agency (NOSDRA)
Nigeria has once more missed the target it voluntary set to end gas flaring in 2020, Flavision’s investigation has disclosed. The development also coincides with data obtained from the country’sRead More