INCREASE LENDING TO SMES, MADUMERE URGES FG.

By Timothy Nwachukwu The erstwhile deputy Governor of IMO State, His Excellency Prince Eze Madumere has called on the Minister of finance and the governor of the Central Bank of Nigeria to increase lending to small and medium enterprises as they are the

FG seeks fresh $2.5bn World Bank loan

By Dulue Mbachu The World Bank and Nigeria are in talks for as much as $2.5 billion in a new tranche of concessionary lending to Africa’s most populous country, Vice-President for Africa Hafez Ghanem said. In the past year Nigeria received $2.4 billion

We seek partnership in Infrastructure, Power, President Buhari Tells German Envoy

  There has been consistent effort of President Muhammadu Buhari led administration towards achieving stable power supply in the country so as to stimulate development in every facets of the economy. Recently, President Buhari among his team had also signed a deal with

FIFA Ranking: Super Eagles drops to 34th

Nigeria’s Super Eagles have dropped by one spot in the FIFA ranking for September, placing 34th on the ranking table. In the ranking table on the world football governing body’s website on Thursday, Nigeria garnered 1, 482 points in the month under review

BREAKING: Osinbajo presides over NEC

Contrary to the rumours making the rounds that the Vice President Yemi Osinbajo has been stripped of his constitutional roles with the dissolution of his economic management team and sensational report that suggests that he would do nothing without the approval of the

‘If Buhari wants more tax revenues, he must grow the economy

By Olu Fasan   Recently, President Muhammadu Buhari, through his Chief of Staff, Abba Kyari, queried the chairman of the Federal Inland Revenue Service, Dr. Tunde Fowler, for failing to collect enough taxes. In a letter dated August 8, Abba Kyari asked Fowler

Xenophobia: Why we are evacuating Nigerians for free – Air Peace is CEO

The Chief Executive Officer of Air Peace Airline, Mr Allen Onyema, has explained why the company is offering free service in the evacuation of Nigerians in the wake of xenophobic attacks in South Africa. Onyema told Channels Television in an interview on Tuesday

FEC approves N8.2bn for rehabilitation of 4 road projects

The Federal Executive Council (FEC) presided by President Muhammadu Buhari on Wednesday in Abuja approved N8.2billion for the completion and construction of roads across the country. He said the Council approved N519 million revision of contract sum of Oba – Nnewi – Okigwe

N400m theft: General Otiki accuses Trial Judge, Lt. Gen. Adeosun, of complicity

Major General Hakeem Otiki on Tuesday accused the Presiding Judge of the General Court Martial to try him for the stolen N400 million under his watch, Lieutenant General Lamidi Adeosun, of complicity. Otiki said he was in trouble because of the bitter rivalry

ECOWAS Parliament faults closure of Nigeria’s borders

ECOWAS Parliament faults closure of Nigeria’s borders, demands reversal The recent closure of the Nigerian borders with West African neighbours might hamper the implementation of the free trade movement within the sub-region of the Economic Community of West African States (ECOWAS), officials said.