Nigeria Not Out Of Recession – Ex-CBN Deputy Gov, Moghalu

Former deputy governor of the Central Bank (CBN), in charge of Finance System Stability, Professor Kingsley Moghalu, has said contrary to claims by the Federal Government, Nigeria is not out of recession yet. Instead, Moghalu said the country’s economy is going through “economic contraction” which, according to him, will take Nigeria more years to overcome. After […]


NNPC To Partner Women Body In Promoting Study Of Engineering Among Female Children

The Nigerian National Petroleum Corporation (NNPC) says it is ready to collaborate with the Association of Professional Women Engineers of Nigeria (APWEN) to encourage female children to study Engineering. Group Managing Director of NNPC, Dr. Maikanti Baru, stated this Tuesday when the leadership of APWEN paid him a courtesy visit at the NNPC Towers, Abuja. […]


NNPC, NIMASA, Maritime Stakeholders Weigh Crude Oil Export Regime Options

A high-powered meeting of stakeholders in the maritime industry has been convened to generate ideas on how best to export Nigerian crude oil to attract maximum benefits for Nigeria. The meeting with theme: “Free On-Board (FOB) and Cost, Insurance and Freight (CIF) Incoterms Framework for Export of Nigerian Crude Oil and Gas” was organized by […]

Gov. Ahmed To Kwara Youths: Embrace Entrepreneurship

Folake Sokoya Kwara State Governor, Alhaji Abdulfatah Ahmed has charged youths in the State to embrace entrepreneurial skills and take advantage of the State micro-credit intervention scheme for Small and Medium scale enterprises to attain self-sufficiency. Governor Ahmed stated this during an interactive session with indigenous youth development associations and youth assemblies from Ilorin South […]


Inflation Rate Drops To 15.37% In December – NBS

The National Bureau of Statistics on Tuesday released the Consumer Price Index which measures inflation with the rate dropping from 15.9 per cent in November to 15.37 per cent in December. The drop of 0.53 percent points recorded in December makes it the eleventh consecutive slowdown in the inflation rate. The report said the Urban […]

NSE CEO Says Nigerian Economy Has Better Prospect 1n 2018

By Friday Ekeoba As Stock Market Emerged 3rd Best Performing In The World Market Turnover Increased By 121% Set To Become A More Agile And Flexible Demutualized Securities Exchange The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema has said that the economy has growth prospect in 2018, considering some basic […]

Tipper, Quarry Employers Union Commends Gov Ahmed For Empowerment

Folake Sokoya The Kwara State Chairman of the Union of Tipper and Quarry Employers of Nigeria, Alhaji Ibrahim Yusuf-Magaji has commended the State Governor, Alhaji Abdulfatah Ahmed for empowering the union’s members across the state through the provision of free sand, otherwise known as laterite. The chairman gave the commendation when the State Commissioner for […]

  Fire Outbreak Renders 300 Homeless In Yenagoa, Bayelsa Capital

By Amos Odeh   More than 300 persons were on Saturday rendered homeless in Yenagoa, following fire incident that gutted a neighbourhood in Ekeki suburb of Bayelsa capital.   It was gathered that the inferno, which occurred at about 2 am on Friday, also destroyed valuables worth millions of naira.   Residents of the affected […]

Why We Banned Cart Pushers In Lagos- SSG

Tayo Olanipekun Secretary to the Lagos State Government (SSG), Mr. Tunji Bello, has said cart pushers and wheelbarrow operators were “totally banned from Lagos streets” because their activities were “inimical to the environmental cleanliness in the state.” According to him, with the flag off of the Cleaner Lagos Initiative (CLI), the state had to enforce […]