The Federal Government yesterday faulted J.P. Morgan’s announcement that it would exclude Nigeria from its local-currency emerging market bond indexes tracked by more than $200 billion of funds, by the end of October. Recall that JP Morgan hinged the decision on the Central Bank of Nigeria’s (CBN’s) restrictions on foreign-exchange transactions, which it said prompted investor concerns about a shortage ... Read More »
The Coalition of Civil Societies for the Emancipation of Edo State (CCSE) has requested the governor of Edo State, Adams Oshiomhole, to make an apology to Nigerians for misinforming them over his purported proclamation that N140 billion had been spent on consultancy services for the 2nd Niger Bridge project and that $700 million was secretly moved from the Sovereign Wealth Fund ... Read More »
The 3rd Nigeria Pharma Manufacturers and Lab Expo under the theme: ‘The Nigerian Pharmaceutical Manufacturing Industry and International Competitiveness,’ was declared open Monday by the Director General of the National Agency for Food, Drugs Administration And Control, NAFDAC, Dr. Paul Orhi at the The Haven event centre in GRA Ikeja, Lagos. The three-day affair, which runs until 9 September, is ... Read More »
The Socio-Economic Rights and Accountability Project (SERAP) has urged the government of President Muhammadu Buhari to “thoroughly investigate the role and involvement of the World Bank in the repatriation, management and spending of repatriated ‘Abacha loot’”. In the new report, the group also recommended that the government should probe other similar funds, with a view to ensuring full transparency and ... Read More »
President Muhammadu Buhari has set a deadline of Tuesday, September 15, 2015 for full compliance with his directive that all revenue due to the Federal Government or any of its agencies must be paid into the Treasury Single Account (TSA) or designated accounts maintained and operated in the Central Bank of Nigeria (CBN), except otherwise expressly approved. A circular issued ... Read More »
The Executive Governor of Ekiti State, Mr Ayo Fayose, has exonerated the 31 workers who came late to work on Monday, just as he held a meeting with public servants to discuss whether the state should take the bailout funds being planned for states by the Federal Government. Speaking at the meeting in Ado-Ekiti, on Wednesday, the governor also expressed ... Read More »
Life Continental Lager Beer, a brand of beverage from the stables of Nigerian Breweries PLC has increased the number of promoters of small and medium-scale enterprises (SMEs) in the South Eastern part of Nigeria who benefited from the ongoing “Life Continental Beer Progress Booster Radio Project” to 36. The brand, on Friday, shared out additional N3 million to the ... Read More »
There are speculations that Federal Government of Nigeria will soon bring air conditioned tricycles popularly known as ‘Keke NAPEP’ to the country for public use. See the pictures below… Read More »
The Kwara State Government has stated that the N5b Federal Government bailout loan is the cheapest and most efficient means of paying accumulated arrears of salaries and allowances owed to primary school teachers and other local government employees. The loan also covers arrears of pensions and gratuities owed to retired local government workers, some of which go back several years. In ... Read More »
The Delta State Government has released the list of successful candidates for Skills Training and Entrepreneurship Programme (STEP). Find the list below. VERY IMPORTANT INFORMATION! All candidates are requested to report at SONGHAI DELTA, Amukpe, on Sunday August 23, 2015, by 1 pm prompt for a one-week Orientation Programme. Candidates are to please come along with the following: 1. ... Read More »
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