The Federal Government has unveiled plans to deliver a national social protection policy that will help to reduce poverty, inequality and tackle security challenges in the country. The supervising Minister of National Planning, Ambassador Bashir Yuguda, stated this on Tuesday [...]
Steve Omanufeme The Nigerian insurance industry is growing on the average 40 per cent from less than three per cent in the last three years on the back of reforms by the National Insurance Commission (NAICOM), according to the commissioner [...]
The Bank of Agriculture Limited has urged the Asset Management Corporation of Nigeria (AMCON) to expand its programmes to cover the Development Financial Institutions (DFIs). Mr Waziri Ahmadu, the Executive Director, (Wholesale Finance) Bank of Agriculture Limited, made the call [...]
The Ministry of Industry, Trade and Investment, the Nigeria Customs Service and the World Customs Organisation have agreed to strengthen their trade facilitation partnership in order to enhance trade between Nigeria and its partners globally. This was one of the [...]
Nigeria Economic Summit Group (NESG), an independent, non partisan, non sectarian organisation committed to fostering open and continuous dialogue on Nigeria’s economy development has partnered Jobmag center, a specialist training and human resource and career development firm to further broaden [...]
Mallam Sanusi Lamido, the CBN Governor has being suspended from office with immediate effect, before his due retirement date. The Federal Government have announced a substantive replacement to unprofessional and politically comprimised Sanusi with Dr. Sarah Alade The Government release [...]
Shola Ameobi has spent his whole career at Newcastle United and it would be a shame to see him depart the club. However his contract is up at the end of the season and the Magpies are reportedly yet to begin contract [...]
By now people know what is sitting disease. It is caused by too much sitting. It can increase the risk of disability over age 60. Researchers in a new study says adults of this age now spend about two-thirds of [...]
The recent political shuttle by President Goodluck Jonathan seems to be yielding fruits as the Oba of Lagos, Oba Rilwan Akiolu I, one of the monarchs he visited in the South West, yesterday, said that residents of Lagos should desist [...]
Wild bumblebees are being held responsible for a disease that leads to the collapse of managed honeybee populations, according to researchers. This new findings have been divulged by Royal Holloway, University of London. And following this, researchers and experts have [...]
Airtel Nigeria is partnering the organising committee of the Nigeria University Games Association (NUGA) for the event taking place from 12-22 February. The operator will offer competitors voice and data services. It was also due to hold a Valentine Club [...]
MTN Group has awarded a contract to Ericsson to manage its networks in Nigeria for five years. The agreement is for MTN networks in Lagos, Abuja, Enugu and Port Harcourt in the most populous African country where MTN is the [...]
N200bn ($1.3bn) has been released by the Federal Government to its Ministries, Departments and Agencies for the implementation of projects in the 2014 budget. The 2014 budget has an aggregate expenditure of N4.642tn with focus on critical sectors of the [...]
Omololu Ogunmade The Asset Management Corporation of Nigerian (AMCON) Monday disclosed how it redeemed its N1.7 trillion bonds in December 2013, an amount it described as the largest bond redemption so far in the history of Nigeria. Making this disclosure [...]
The Federal Inland Revenue Service has introduced a new tax regime for multinationals and enterprises operating in the country. The Acting Executive Chairman, FIRS, Mr. Kabir Mashi, gave the indication on Monday, adding that the development involved an exposure to [...]
TO make Nigeria more competitive on the global space, the Federal Government is targeting additional $25 billion investment in the country’s Information and Communications Technology (ICT) sector soonest. Already, the sector, especially the telecommunications arm has so far attracted over [...]
BY MICHAEL EBOH LAGOS—KPMG Professional Services has warned that the discovery and exploration of Shale oil and gas across the globe will put Nigeria’s economy at serious risk, unless the country is able to churn out policies that will bring [...]
The Federal Government on Monday in Abuja said that by 2020, more than 75 per cent of the population and households would be connected to the national grid for regular electricity supply. The Minister of Power, Prof. Chinedu Nebo, expressed [...]
The Ethiopian government yesterday said five Nigerians were among the 193 passengers on board the Rome-bound Ethiopian Airplane, Boeing 767 hijacked yesterday. The Ethiopian minister of information and communication, Redwan Hussein, who confirmed this during a news conference in Addis [...]
Lagos State Governor, Mr. Babatunde Fashola (SAN), Monday signed into law a private bill, which outlawed smoking in public places in the state, violation of which might attract varying measurements of penalty ranging from a fine of N250, 000 to [...]
There is no going back on cashless Nigeria. That seems to be the message Central Bank of Nigeria CBN is passing to all Nigerians. In every project CBN has engaged itself recently to boost the nationwide cashless initiative, the governor, [...]
The Consumer Protection Council (CPC) yesterday came down hard on Coca-Cola and the Nigerian Bottling Company, (NBC) with a threat of severe sanctions after it found the companies wanting on product quality. “Pursuant to a consumer complaint received by the [...]
Hundreds of inhabitants of Ibadan, the Oyo State capital, were in jubilant mood Monday as the Independent Petroleum Marketers of Nigeria (IPMAN) sold kerosene at N50 per litre. Many areas visited by THISDAY in Ibadan like Akobo Estates, Apata, Olodo, [...]
Morocco has recruited foreign investors to fund a $9 billion solar power project, even though some European lenders have balked due to the location of some planned plants in the disputed Western Sahara. Salaheddine Mezouar, Morocco’s foreign minister while declining [...]
Jane Aniema Inyang is a 2012 graduate of genetics and biotechnology with a passion for farming. She speaks on the reason she chose to become a farmer, the prospects and challenges. Background I studied genetics and biotechnology at the University of [...]
Notwithstanding its seeming inability to enforce some of its existing legislations, the Lagos State government, on Monday, turned out a new law criminalising smoking in public places in any part of the state, with an offender liable to six months [...]
BY AHMED IBRAHIM Governor, Central Bank of Nigeria (CBN), Mallam Lamido Sanusi has said that no charge will be imposed on bank customers to obtain newly introduced biometric identification number. He said this while addressing journalists at the launching of [...]
TO boost its nationwide cash-less initiative and empower primary, secondary schools and the entire banking industry with real time Internet connectivity, the Central Bank of Nigeria (CBN) announced at the weekend that it will soon sign a multibillion Naira contract [...]
By Ndubuisi Francis The Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala affirmed, at the weekend that Global Partnership for Effective Development Co-operation can play a pivotal role in helping developing countries check illicit flows and improve tax collection. Okonjo-Iweala, [...]
You move around unaided, what is the secret of your longevity? I can’t say. I don’t know. May be that is how God wants it to be. I think I am between 50/50. Again, it may be as a result [...]
About Us | Contact Us | Terms of Use | Privacy Policy| Disclaimer | Site Map | Copyright © 2020 hopefornigeriaonline.com
