…Recommends higher consumption, investment …Retains 11.50% MPR, 27.50% CRR By Uthman Salami The Monetary Policy Committee (MPC) has directed the Central Bank of Nigeria (CBN) and financial institutions to implement measures that will boost export earnings, increase foreign exchange earnings, increase…
By Ayo Fadimu The Socio-Economic Rights and Accountability Project, SERAP, has vowed to pursue how Delta State Governor, Dr. Ifeanyi Okowa, intends to spend the £4.2m Ibori loot, which the Accountant-General of the Federation, AGF, Mr. Ahmed Idris, said had…
By Bankole Taiwo, Abeokuta The governor of Ogun State, Prince Dapo Abiodun on Tuesday unveiled a state-of-the-art press centre named after the former governor of the state, Chief Olusegun Osoba. Chief Olusegun Osoba, an accomplished journalist was the governor of…
…Deal to yield over $780m in immediate revenue to government The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC) partners -Shell Nigeria Exploration and Production Company (SNEPCo), Total Exploration and Production Nigeria Limited (TEPNG), Esso Exploration and…
…Promises to woo more investors to Tanzania President of Dangote group, Aliko Dangote on Monday assured the new President of Tanzania, Samia Suhulu that Dangote group will increase its investment in the country and inform investors all over the world,…
The University of Lagos says a total of 19 of its research outputs, including AmbuVent, have been patented in the past three years, with the Lagos State Government approving them for clinical trials. Our Correspondent reports that the AmbuVent, was…
By Tina Omoregie and Gloria Akudoro, Abuja President Muhammadu Buhari on Monday met with the governor of Niger State, Sani Bello, Chairman of the Nigerian Governors’ Forum (NGF), Dr Kayode Fayemi,and the Chairman of the All Progressive Congress (APC) National…
By Kayode Tokede Following the completion of all regulatory procedures, Grobank Limited has been officially renamed Access Bank South Africa Limited. The deal was finalized after Access Bank’s acquisition of controlling shares in the former Grobank Limited, South Africa. With…
The Federal Government has sought the need for urgency to improve procedures, documentation and regulations in the Nigerian solid mineral sector, as a deliberate government’s policy measure aimed at developing its monumental mining potentials and minimising dependency on oil. In…
The House of Representatives Committee on Finance has queried the spending of National Health Insurance Scheme (NHIS) on the N152.4 million spent on procurement of facemasks, hand sanitisers, protective wears and hand gloves during COVID-19 lockdown in 2020 The committee…
