REASONS WHY THERE IS NO MONEY TO PAY MINIMUM WAGE. EVEN ANIMALS GET N65.4mil.

Similarly, a provision of N65.4m was made for the animals in the State House for their “conservation.

REASONS WHY THERE IS NO MONEY TO PAY MINIMUM WAGE. EVEN ANIMALS GET N65.4mil.

The Federal Government budgeted N1,001,318,171 for President Muhammadu Buhari’s local and international travels in the proposed 2019 budget. The budget proposes N250,021,595 for the President’s local trips and N751,296,576 for him to travel internationally. Meanwhile, N83,974,710 was budgeted for Vice-President Yemi Osinbajo’s local travel, while N217,060,883 was proposed for his international trips. Under foodstuff/catering materials […]

Suspended Nigeria Air gets N8.7B budget

A total of N8.7 billion was budgeted for Nigeria Air, the national carrier, in the proposed 2019 budget.

Suspended Nigeria Air gets N8.7B budget

A total of N8.7 billion was budgeted for Nigeria Air, the national carrier, in the proposed 2019 budget. This is despite the indefinite suspension placed on the project by the federal government. The logo of the airline had been unveiled in July 2018 by Hadi Sirika, minister of state for aviation, at the Farnborough International […]

NSE loses N134bn on first trading day of 2019

The Nigerian Stock Exchange (NSE) started the year 2019 on the red side, as the market shed N134 billion on Wednesday.

NSE loses N134bn on first trading day of 2019

The Nigerian Stock Exchange  (NSE) started the year 2019 on the red side, as the market shed N134 billion on Wednesday. As at the last trading day of 2018, the market capitalisation stood N11.7207 trillion, only to fall by N134 billion to  N11.5863 trillion on the first trading day of 2019. The all share index […]

Ibikunle Amosun Signs N400.3 Billion 2019 Budget for Ogun

The Ogun State Governor, Senator Ibikunle Amosun, has signed into law the 2019 Appropriation Bill of N400.3 billion for the state

Ibikunle Amosun Signs N400.3 Billion 2019 Budget for Ogun

The Ogun State Governor, Senator Ibikunle Amosun, has signed into law the 2019 Appropriation Bill of N400.3 billion for the state, with an assurance that the budget will not only be on paper but also adequately funded. Speaking after the signing, held at the conference room, Governor’s office, Oke-Mosan, Abeokuta, on Monday, Amosun thanked the […]

Nigeria is the food basket of the world, says Osinbajo

Vice-President Yemi Osinbajo says it is becoming clearer that Africa, and indeed Nigeria, is the food basket of the world.

Nigeria is the food basket of the world, says Osinbajo

Vice-President Yemi Osinbajo says it is becoming clearer that Africa, and indeed Nigeria, is the food basket of the world. Speaking at the Nigerian-German Investment Dialogue in Berlin, Germany, Osinbajo said Nigeria is a leading investment destination for potential and serious investors. “Consumer spending in Africa was $1.4 trillion by 2015, with Nigeria, Egypt and South Africa […]

Fuel scarcity looms – Oil marketers shut down loading depot

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has directed its members to shut down all loading operations by midnight.

Fuel scarcity looms – Oil marketers shut down loading depot

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has directed its members to shut down all loading operations by midnight. The association gave the directive in a statement released on Sunday and signed by Olufemi Adewole, its executive secretary. According to the statement, oil marketers have disengaged their staff due to inability to […]

‘Why you should NOT invest in Nigeria’ — ex-UK secretary of state

Priti Patel, former secretary of state for International Development in the United Kingdom (UK), has called on investors to be wary about investing in Nigeria.

‘Why you should NOT invest in Nigeria’ — ex-UK secretary of state

Priti Patel, former secretary of state for International Development in the United Kingdom (UK), has called on investors to be wary about investing in Nigeria. In a short op-ed for City A.M., London’s first free daily business newspaper, Patel, a member of the UK parliament, said President Muhammadu Buhari has disrespect for “international law and convention, […]

Nigeria will be world’s 2nd largest rice importer in 2019 – Report

The United States Department of Agriculture (USDA) has projected that Nigeria will be the world second largest rice buyer in 2019.

Nigeria will be world’s 2nd largest rice importer in 2019 – Report

The United States Department of Agriculture (USDA) has projected that Nigeria will be the world second largest rice buyer in 2019. China is predicted to be the world’s largest buyer. “On an annual basis, consumption and residual use is projected higher in 2018/19 in Angola, Benin, Burkina-Faso, Cambodia, Cote d’Ivoire, Cuba, Haiti, India, Indonesia, Kenya, […]

Access Bank to acquire Diamond Bank

Talks on the acquisition are on, according to sources, who said the fusion is set for the first quarter of next year.

Access Bank to acquire Diamond Bank

Access Bank is set to add Diamond Bank’s portfolio to its assets in the next few months, The Nation has learnt. Talks on the acquisition are on, according to sources, who said the fusion is set for the first quarter of next year. It was gathered that both financial institutions have reached an agreement in […]

Nigeria drops on World Bank’s ranking

Nigeria has dropped a spot on the latest World Bank Ease of Doing Business ranking.

Nigeria drops on World Bank’s ranking

Nigeria has dropped a spot on the latest World Bank Ease of Doing Business ranking. The bank released the report themed ‘Doing Business 2019: A Year of Record Reforms, Rising’ on Wednesday. In the 2017 edition of the report, Nigeria moved 24 places from its 2016 spot of 169 to 145. In the 2018 edition, […]

1 2 3 54