President Muhammadu Buhari on Monday while in London on a sideline held a bilateral meeting with his Ghanian counterpart, Nana Akufo-Addo, where he throws more light on why Nigeria had to partially close its border. The President special Adviser on Media and publicity, Femi Adesina revealed this in a statement in Abuja, saying the meeting was held in a side-line of the UK-Africa investment summit 2020.

Ajaokuta Steel To Gulp $1.5bn, To Be Completed In 2022

Nigeria's giant steel company, Ajaokuta Steel Company will begin full production in 2022 as the Russian Government, through the Russian Export Centre and the Africa Export-Import Bank (Afreximbank), is expected to commit $1.465bn to the moribund steel company’s revitalization.

Manufacturing Sector Creates 1.64 Million Jobs

The Manufacturers Association of Nigeria (MAN) has disclosed that it recorded an increase at the end of the first half of 2019. It gathered that an estimated 1,644,392 historical cumulative jobs had over time been created by the sector. 

Lobby Hits Pension Funds, As Assets Hit N9.8tn

Intense lobbying by private investors has reportedly hit the National Pension Commission (NPC), as the commission's total assets under the Contributory Pension Scheme rose to N9.8tn as of the end of November 2019.

Getting Senator With N1billion Property As Surety Not Feasible – Maina

The embattled former Chairman of the defunct pension reform Task Team, Abdulrashid Maina, who is undergoing trial on charges bordering on money laundering involving N2 billion, has today appealed to the Federal High Court sitting in Abuja to review some of its condition attached to his bail over N1bn granted to him by the court last November.

Implementation of 7.5% VAT Commences - Idris

The Federal Government of Nigeria has begun the implementation of some aspects of the Finance Act with the imposition of 7.5 per cent Value Added Tax on government transactions.

Nigerians To Get 18 Hours Power Supply - FG

Nigeria's Minister of Power, Engr. Sale Mamman has disclosed that Nigerians may commence enjoying about eighteen (18) hours of power supply daily as soon as power generation and distribution get to 7,000 megawatts.

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