News

The support of the National Assembly is very critical to the successful implementation of the Economic Recovery and GrowthPlan (ERGP), the Minister of Budget and National Planning, Senator Udoma UdoUdoma, has told members of the House of Representatives Tactical Committee onRecession. Members of the Committee were at the Ministry on Tuesday to further discuss ways of speedily getting the economy …

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Men sometimes complain that their wives usually develop headache around bedtime, leaving them with no choice than to allow madam have her deserved rest. However, researchers have said that the best cure for headache is that three-letter word, S-E-X! And it is as natural as it comes! Far from using a headache as an excuse to skip sex, researchers at …

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Ecobank Nigeria staff at the weekenddonated various items to Hearts of Gold Children’s Hospice, Lagos as part ofactivities to mark this year’s International Women’s Day (IWD). According to Omoboye Odu, member,Organising Committee, IWD, Ecobank Nigeria, the kind gesture is borne out of adesire to touch the lives of the children by assisting to shape their future,education and lifestyle in a …

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The Minister ofFinance, Mrs. Kemi Adeosun, has urged the Central Bank of Nigeria (CBN) toextend Bank Verification Number (BVN) requirement to account holders inMicrofinance Banks (MFBs). She saidthis would facilitate the detection of bank accounts which might have beenopened and operated in such banks by ghost workers and other syndicates. A statement by the ministry’s Directorof Information, Mr. Salisu Dambatta …

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Aliko Dangote is now a coal miner as Tanzania hasoffered his Dangote Cement Company in the southeastern town of Mtwara, land tomine coal for its operations. Tanzania’s Ministryof Energy and Minerals at the weekend handed a 10-square-kilometre plot of landto the $500 million cement factory set up in 2015 by Aliko Dangote, Africa’srichest man. The factory has an annual capacity …

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The Central Bank ofNigeria (CBN) has disclosed plans of positioning the Nigerian insuranceindustry among the 15 largest in the world come year 2020. The apex bank said a lot of transformation was going on in the sector, as enshrined in itsFinancial System Stability 2020 (FSS 2020) aimed at revamping the sector,adding that it was working with the National Insurance Commission to achieve this  …

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As part of itsthree-year Bus Reform Initiative, the Lagos State Government is to introduceover 5000 air-conditioned buses to replace the yellow commercial buses,popularly called Danfo. Under the arrangement,the State Government is to launch  public transportation infrastructurebond of N100 billion that would span between seven and 10 years. Speaking at theweekend in Lagos, the State Governor, Akinwunmi Ambose said: “You are …

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To combat the spate ofterrorism threats globally, the United Nations Aviation School Project hascommenced training of all Aviation Security (AVSEC) personnel in Nigeria. According to a statement signedby Nigerian Civil Aviation Authority (NCAA) GM, Public Relations, SamAdurogboye, the objective is to effectively mitigate the threat posed to civilaviation by terrorist organizations. It will also provide a key element for arobust …

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Photo Caption: From left: Adeola Oyetan, Programme Manager, International Women Day (IWD) Organising Committee, Ecobank; Chinwe Ekejiuba, Chairperson; Organising Committee; Joke Bello, Head Nurse, Hearts of Gold Children’s Hospice, Lagos; Esther Obot, Member, Organising Committee and Omoboye Odu, member, Organising Committee, during the presentation of gift items to children of Hearts of Gold Children’s Hospice by members of staff of …

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The Federal Government of Nigeria (FGN) Savings Bond which will open for subscription exclusively on the Nigeria Stock Exchange (NSE) will boost financial inclusion says the Executive Director, Capital Market Division of NSE. The NSE key official made this remark while commenting on the planned launch of the sovereign savings bond which is scheduled for Monday, is targeted at retail …

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