Julius Berger begins work on Rivers N195.3bn PH Ring road project
Ben EgugozieJuly 20, 2023
…But reactions are varied Ben Egugozie Nyesom Wike, the immediate past governor of Rivers State flagged off the Port Harcourt Ring Road project construction with assurances to Governor Siminalayi Fubara and the people of the State that, with Julius Berger as the contractor for the properly-funded 50.15 km road project, work will be completed and […]
Tinubu, Obasanjo, Jonathan to attend Olusegun Aganga’s book launch
Isaac JayeolaJuly 18, 2023
President Bola Tinubu, as well as former presidents Olusegun Obasanjo and Goodluck Jonathan are expected to grace the launch of “Reclaiming the Jewel of Africa” by Olusegun Aganga Nigeria’s former Minister of Finance and pioneer Minister of Industry Trade and Investment on July 24, in Abuja. A statement by the organisers stated that Tinubu will […]
Tinubu seeks National Assembly approval for N500bn palliative
Isaac JayeolaJuly 12, 2023
President Bola Tinubu has written to the National Assembly seeking amendment to the 2022 supplementary appropriation Act to enable the federal government source N500 billion as palliative to cushion the effect of subsidy removal. The president’s request was contained in a letter read by Tajudeen Abbas, the speaker of the House of Representatives on the […]
WHO sets technical strategy to boost Nigeria’s health system
Business a.m.July 12, 2023
Business A.M The World Health Organization (WHO) said it is reviewing its 3rd generation Country Cooperation Strategy 2018-2022 (CSS III) in alignment with the health transformative agenda of the Nigerian government to identify game-changing strategic directions and alliances to strengthen the country’s health system and achieve better health outcomes in the next five years. […]
NEDG, NESG to host presidential debate on economic policy Nov. 15
Olivia NnoromOctober 17, 2022
By Olivia Nnorom Ahead of the 2023 general elections, the Nigerian Elections Debates Group (NEDG) and the Nigerian Economic Summit Group (NESG) are collaborating to facilitate a presidential debate on economic policy. The debate, scheduled to hold on 15 November, 2022, will serve as a launch pad to discussions on the roadmap towards an inclusive […]
Sirika gives multiple assurances govt to keep off national carrier
Sade WilliamsApril 5, 2022
BY Sade Williams/Business a.m. Hadi Sirika, a former senator and Nigeria’s current minister of aviation, took the opportunity offered by the ongoing World Government Summit (WDS) in Dubai to offer multiple assurances that the government will keep its hands off the new national airline being planned by the government. There have been outcries of ‘here […]
Anchor Borrowers Programme: Stakeholders seek new FMARD home over CBN’s dominance
Onome AmugeApril 4, 2022
BY ONOME AMUGE The Central Bank of Nigeria (CBN), according to the amended CBN Act of 2007 as derived from the 1958 Act of Parliament, is entrusted with the overall control and administration of the monetary and financial sector policies of the federal government. Thus, the apex bank is saddled with diversified objectives, with the […]
ABCON intensifies pushback lobby to get members on CBN’s FX framework
Charles AbuedeApril 4, 2022
BY CHARLES ABUEDE The Association of Bureau De Change Operators of Nigeria (ABCON) has intensified its lobby to get its members back on the mainstream of Nigeria’s foreign exchange demand and supply framework, offering a strong analytical pushback on how the Naira has yo-yoed in value without their active involvement in the official template. ABCON’s […]
FTAN seeks to create jobs, raise states’ IGR working with investors
Businessam StaffMarch 21, 2022
BY: Dikachi Elemba, in Owerri The Federation of Tourism Association of Nigeria (FTAN) says that it is collaborating with investors in the tourism and hospitality industry to tackle issues of unemployment through creating job opportunities and raising internally generated revenue (IGR) for the 36 states in the country and Abuja. Ogunyemi Odunayo, vice president, FTAN, […]
AfDB unveils $1bn plan to avert food crisis in Africa
Onome AmugeMarch 21, 2022
BY: OMOME AMUGE The African Development Bank (AfDB) is to raise as much as $1 billion to enhance wheat production in Africa and avert imminent food shortages arising from the Russia-Ukraine war. Akinwumi Adesina, the AfDB President, explained that the continent’s biggest multilateral lender is raising the funds to help 40 million African farmers utilise […]