Business

Dayo Emmanuel   Foremost media NGO, the International Press Centre (IPC) has concluded a two days training on budget for community leaders in Lagos State. The event tagged Budget Literacy and Budget Monitoring Training for Community Members in Lagos was organised with support from UKaid and Actionaid. Speaking at the event, one of the coordinators of the training, Stella Nwofia …

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Thousands sing Xmas Carols at Uyo Township Stadium.. as Glo shines Thousands of Akwa ‘Ibomites’ and other guests from all over the world converged on the Uyo Township Stadium, Akwa Ibom State, on Saturday as the state government held the ninth edition of its annual Christmas Carols Festival, sponsored by Globacom. It was a night of uncommon grandeur and celebration …

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DANGOTE, Putin, Trump, Merkel most powerful persons in the world-Forbes Foremost Entrepreneur and President of Dangote Group, Aliko Dangote, was at the weekend named along other world leaders such as Russian President Vladimir Putin, American President-elect, Donald Trump and German Chancellor, Angela Merkel as the most powerful persons in the world. These personalities were ranked along with 7o others as the most powerful …

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SEC to colaborate with EFCC on Market infraction The Securities and Exchange Commission (SEC) is working on a Memorandum of Inderstanding (MoU) with the Economic and Financial Crimes Commission (EFCC) to provide an efficient and effective  policing of the capital market. This was disclosed by the Director General of SEC Mounir Gwarzo when the Management of the Commission paid a …

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Glo partners with Lagos State for One Lagos Fiesta Data grandmasters, Globacom is partnering with the Lagos State government for the successful hosting of this year’s edition of One Lagos Fiesta, an initiative introduced by the state government to celebrate the end of the year and count down to the New Year. Globacom was formally unveiled as a major sponsor …

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CBN to unveil N30bn agric/SME fund in January The Central Bank of Nigeria has said it will, together with the Deposit Money Banks, set up a new fund to boost agriculture and the Small and Medium-sized Enterprises in the country, targeting at least N30bn for the first year. The Governor, CBN, Mr. Godwin Emefiele, disclosed this on Saturday at a …

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‘Suspend policy on vehicle importation ban through land borders’ The House of Representatives has advised President Muhammadu Buhari to direct Nigeria Customs Service (NCS) to suspend recent policy banning the importation of vehicles through the nation’s land borders. In its resolution on Thursday, the lawmakers explained that more security personnel should be deployed to the borders, adding that the policy …

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FG Information App For Launch December 15 The Minister of Information and Culture, Alhaji Lai Mohammed, has announced that the Federal Government Information App (FGIAPP) will be launched in Abuja on 15 Dec. 2016, as part of efforts to enhance the dissemination of government activities. The Minister made the announcement in Abuja on Thursday at a meeting with Resident Information Officers (RIOs) from Ministries, …

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President Muhammadu Buhari FG not turning to IMF for loan The Ministry of Budget and National Planning has explained that the Federal Government is not looking to source any loan from the International Monetary Fund (IMF), as reported by a national newspaper on Friday. While briefing a French delegation that visited him in Abuja on Thursday, on what the Federal …

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FG borrowing to fund targeted infrastructure projects – Udoma As international Development Partners explore areas of support to help Nigeria grow a sustainable economy, Budget and Planning Minister, Senator Udoma Udo Udoma, has re-emphasized that Nigeria’s borrowings are solely to fund infrastructure projects. Briefing the Assistant Secretary for Multilateral Affairs of the Trade and Policy Department at the French Treasury, …

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