News

A coalition of media advocacy organizations in Nigeria under the aegis of the Partnership for Media and Democracy in Nigeria (PAMED) have called on the Federal Government to create an enabling environment for media practice in the country. PAMED, made up of the Institute for Media and Society (IMS), the International Press Centre (IPC), and Media Rights Agenda (MRA), noted …

Read More »

About 15 commercial banks were on Tuesday barred from dealing in foreign exchange through the recently created small and medium enterprises, SMEs wholesale forex window. The decision by the Central Bank of Nigeria, CBN, to wield the big stick followed persistent complaints against the erring deposit money banks, DMBs, that they were deliberately frustrating efforts by many of the SMEs …

Read More »

Photo Caption. From left, Dr Koyinsola Ajayi, SAN, Non-Executive Director, Dangote Sugar Plc;  Haruna Jalo-Waziri, Executive Director, Capital Markets Division, The Nigerian Stock Exchange (NSE); Engr. Abdullahi Sule, Ag. Group Managing Director, Dangote Sugar Plc and Bennedikter Molokwu, Non-Executive Director, Dangote Sugar Plc at  Facts Behind the Figures Presentation at the Exchange on Tuesday.  

Read More »

From Left, Deputy President, Lagos Chamber of Commerce and Industry (LCCI) Knut Ulvmoen, President, Chief Dr Nike Akande, Managing Director/CEO, CMC Connect, Mr Yomi Badejo, and Chairman, Trade Promotion Board LCCI, Mr Sola Oyetayo, at the unveiling of Lagos Manila for the 2017 Commerce and Industry Awards by LCCI, in Lagos, on Tuesday.

Read More »

From left: Ozena Utulu, Team member, Brand Compliance Management, Heritage Bank Plc; Marvis Nkpornwi, Big Brother Naija house mate; Fela Ibidapo, Group Head, corporate Communications and Omobolaji Mogaji, Media Sales Executives at MultiChoice, during the visit of BB Naija 5 Top finalists to Heritage Bank, in Lagos, yesterday.  

Read More »

Minna Magistrates’ Court on Tuesday sentenced five men to three-year imprisonment each, after they admitted committing adultery. They were, however, given an option of N150,000 fine each. The accused: Mohammed Faruk, Johnbosco Dedan, David Momoh, Sunday Ekuese and Vincent Emmanuel, were arraigned alongside Naomi Abdulmajeed on a two-count charge of enticing a married woman and committing adultery. The Prosecutor, Inspector …

Read More »

Budget and National Planning Minister, Senator Udoma Udo Udoma has explained that Nigeria’s debt service/revenue ratio appears high because the county is currently facing a revenue challenge. He however pointed out that as revenues improve, the ratio will consequently reduce. The Minister, who was speaking at a Stakeholders’ Dialogue on the Implementation of the Economic Recovery and Growth Plan (ERGP) …

Read More »

The Federal Government has commenced consensus building with experts and critical stakeholders in and outside the government to ensure the successful delivery and implementation of the Economic Recovery and Growth Plan (ERGP) Roadmap. Faithful implementation of the ERGP is one of the cardinal focus of government, having realized that lack of diligent implementation was largely responsible for the failure of …

Read More »

Mobile telecommunications firm, MTN Nigeria, has sacked about 280 of its workers across its different operational units. Punch Newspaper gathered that the affected workers left the company on Friday, having embraced the firm’s offer of voluntary disengagement, which was offered to employees who had served for a minimum of five years. It was further learnt that some of the affected …

Read More »

Nigeria National Petroleum Corporation supplies the “most reliable and cheapest power’’ to Nigerians, Dr Maikanti Baru, the corporation’s Group Managing Director, has said. Baru made the statement in Houston on Monday while addressing newsmen on the sidelines of the 2017 Offshore Technology Conference. OTC is an annual conference of experts in the oil and gas sector. The conference is organised …

Read More »