Business

A former Governor of Anambra State, Mr. Peter Obi, has been pencilled down as the running mate of the Peoples Democratic Party presidential candidate in the February 14, 2019 election, Atiku Abubakar. Obi emerged the preferred choice of both the party and the candidate after series of consultations by stakeholders in the party and outside it. Nationalwire gathered that the …

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With a large number of Nigerians still financially excluded, predominantly in rural areas, many industry stakeholders have recognised the need to put in place incentives in order to bring more people into the financial space. In 2016, 58.4 per cent of the nation’s 96.4 million adults were financially served, compared to a target of 69.5 per cent – leaving 41.6 …

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The Weight and Measures Department in the Federal Ministry of Industry, Trade and Investment has shut down 30 filling stations in Benin. Nwachukwu Cordelia, Chief Media Mythology Officer of the Federal Ministry of Industry Trade and Investment, disclosed this in an interview with the News Agency of Nigeria in Benin on Friday. Nwachukwu, who was in the state for a surveillance inspection …

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By Amos Odeh Mr Kenedy West, Senior Special Adviser to Gov Seriake Dickson of Bayelsa on Wednesday urged Minister of State for Petroleum Dr Ibe Kachikwu to include regional interest in train-7 of the NLNG. West an aide to Dickson on Niger Delta youth matters said the provision of opportunities for host communities would meaningfully engage youths in productive ventures …

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Union Bank has announced the first edition of an annual education fair – Edu360, as part of its efforts to support education as a critical sector for Nigeria’s growth and development. The 2-day event themed ‘Investing in the Future’ according to a statement from the lender, has been designed to attract audiences across the education ecosystem including investors, parents, school …

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The Independent National Electoral Commission on Thursday said that more than 80 million registered voters are expected to vote during the 2019 general elections in the country. INEC Chairman, Prof. Mahmood Yakubu, disclosed this in a paper he presented at the  14th All Nigeria Editors Conference holding in Asaba, Delta State. Yakubu, represented by Mike Igini, Resident Electoral Commissioner, Akwa …

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Former President Olusegun Obasanjo has formally endorsed his erstwhile deputy, Atiku Abubakar, for the presidency in 2019. Although the two have squabbled for more than a decade, dating back to their time together at Aso Rock, Obasanjo said on Thursday that Atiku had asked for forgiveness and he had “wholeheartedly” granted it. Addressing the media after hosting Atiku at his …

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Nigeria has been ranked among the seven worst countries in the newly released World Bank’s Human Capital Index. In the index that was released on Thursday at the World Bank-IMF Annual Meetings, in Bali, Indonesia, Nigeria ranked 152 out of 157 countries on the list. Nigeria shared the bottom of the index with countries like Chad, South Sudan, Niger, Mali, Liberia. According …

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The Minister of Budget and National Planning, Senator Udoma Udo Udoma on Thursday in Indonesia told a global audience that the implementation of the Economic Recovery and Growth Plan (ERGP 2017 – 2020), is moving Nigeria’s economy in a positive direction. Senator Udoma, who was speaking at the presentation of the International Monetary Fund (IMF) Regional Economic Outlook Report for Sub-Africa, …

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The World Bank Group has ranked Nigeria 152 out of a total of 157 countries surveyed in its Human Capital Index (HCI) that was unveiled on Thursday. The HCI measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and education that prevail in the country …

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