Nigerian Senate has approved a report largely exonerating MTN Nigeria of foreign exchange infractions after being accused of illegally repatriating $14 billion to its parent. The upper chamber on Wednesday also asked Central Bank of Nigeria (CBN) to sanction Stanbic…
The Nigerian National Petroleum Corporation (NNPC) has pledged to provide more support to indigenous companies in Nigeria’s Oil and Gas Industry. Group Managing Director of the Corporation, Dr. Maikanti Baru, made the pledge while commissioning the Lagos Midstream Jetty (LMJ)…
Federal government has adopted certain strict measures to check against smuggling of rice into the country. Minister of Agriculture Rural Development, Chief Audu Ogbeh, who gave the hint yesterday, said the federal government is seeking ways to ensure that the…
The Central Bank of Nigeria (CBN) yesterday intervened in the interbank foreign exchange market with the injection of another $195 million. Figures released by the Bank showed that it offered the total sum of $100million to the Wholesale segment, while…
The House of Representatives on Wednesday passed a bill to provide a legal framework for mainstreaming of climate change responses and actions into government policy formulation and implementation. The bill also proposed the establishment of a council to coordinate climate…
By Adewale Adeoye It is rare to have someone whose faults are like a pin buried in the sand amidst the vast ocean shore. I met him for the first time in the late 80s. Long before that time, I…
On Tuesday, President Muhammadu Buhari presented his third national budget since he became president. It was reminiscent of his previous ones, but had very fine subtle messages for Nigerians, international spectators and investors. By this time in the life of…
Succor came the way of the over a thousand hitherto dejected traders affected by the Kano Market fire disasters few months ago as the renowned business mogul, Aliko Dangote made good his promise and donated a whooping sum of N500m…
The Lagos State government has confirmed the admission of a man identified as Babatunde Adeola at the Alimoso General Hospital. The man, who was reportedly picked up on Tuesday in an unconscious state at Cele busstop on Akowonjo Road in…
Paul Kagame, President of Rwanda and chairman of Smart Africa, and Tony Elumelu, Founder of the $100m Entrepreneurship Programme, will be headlining the Young Entrepreneurship Day (YED) at the Africa 2017 Forum. The YED is a new addition to the…
