The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele and the Governor of Kaduna State, Mal. Nasir El-Rufai, on Monday, flagged-off an N10.25 billion Tomato company, in Kaduna. Speaking at the flag-off ceremony, Mr Emefiele said the massive Foreign Direct Investment by Tomato Jos, an American company was made possible by the economic diversification agenda of the present administration.
N37Bn Not Enough To Renovate NASS Complex – NASS Official
Despite public outcry over the reported approval of N37bn for the renovation of the National Assembly Complex, the Director of Information, National Assembly, Rawlings Agada says the sum approved for the renovation of the complex may not be enough for the work.
Security Agencies Now To Procure Uniforms Through DICON – Buhari Directs
In an effort to reposition industrialization and support of home grown industries, President Muhammadu Buhari has today directed the military and all security agencies to henceforth procure their uniforms and other kits from the Defence Industry Cooperation of Nigeria (DICON).
Uproar As Lagos Residents Accuse Government Officials Of Hoarding Lake Rice
Some prospective buyers of the Lagos State subsidised rice on Friday expressed difficulty in getting the product for consumption this yuletide.
South African Government Grants Air Peace License to Operate Commercial Flights to Johannnesburg
The South African Government has granted a request for Air Peace to begin commercial flights to Johannesburg, South Africa. According to Punch, the confirmation was granted last Friday as part of the implementation of the Bilateral Air Service Agreement between Nigeria and South Africa at the meeting of the 9th session of the Nigeria/South Africa Bi-National Commission Summit in Pretoria, South Africa.
Forbes Names Akinwumi Adesina African Of The Year
Former Nigerian Minister of Agriculture and president of the African Development Bank (AfDB), Akinwumi Adesina has been named Forbes African of the Year for his roles in poverty eradication on the continent.
No Increase In Electricity Tariff - NERC
The Nigerian Electricity Regulatory Commission (NERC), has said no tariff increase has been approved by the commission yet, putting to rest agitations from some quarters that the Commission would soon approve increase in electricity tariff.
Our Monetary Policy Yeilding Positive Results - CBN Governor
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has said that the unconventional monetary policies adopted by the apex bank in steering the country’s economy are yielding good results. He stated this on Friday during the 1st Convocation Lecture of the Edo University, Iyamho, entitled ‘Role of Monetary Policy:
N730bn Spent On Sports Betting Annually
According to a recent study, Nigerians spend over N730billion annually on sports betting and a whopping sum of two billion naira is generated on a daily basis. The data also revealed that over 60 million Nigerian punters spend over N3,000 daily placing bet stakes.
NDDC: Asari Dokubo Blows Hot, Warns Buhari, Akpabio
Former leader of the Niger Delta People’s Volunteer Force (NDPVF), Alhaji Mujahid Dokubo-Asari, has issued a strong warning to President Muhammadu Buhari, urging him to strictly follow the Establishment Law of the Niger Delta Development Commission (NDDC), to avoid anarchy.
Air Peace To Begins Johannesburg, Sharjah Route in June
Poised to dominate the African airspace and also compete with International airlines, Nigerian carrier, Air Peace, says it will begin flight operations to Johannesburg, South Africa and Sharjah, United Arab Emirates next month. Making the announcement, Chairman of Air Peace, Allen Onyema, disclosed this at a meeting of the airline’s Board of Directors on Wednesday in Ikeja.