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EXPERTS LAMENT DETERIORATION IN NIGERIA’S DEBT SUSTAINABILITY MEASURES

Nigeria’s huge debt profile at 22.3 trillion naira is now assuming more disproportionate weight against the country’s growth and development, a situation that will likely dispose of the nation to perpetual borrowing. Financial experts, however, have said the only solution that is practical, with improved governance, is the urgent implementation of policies that will grow […]

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NIGERIANS IN DIASPORA CELEBRATE INDEPENDENCE DAY IN GRAND STYLE

Nigerians in New York, United States of America over the weekend brought the city to light as they moved to celebrate the country’s 58th independence anniversary with parade and carnival. New York was painted green and white as Nigerians from all walks of life united for their country. Many Nigerian leaders also joined other compatriots […]

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PRESIDENT BUHARI REITERATES COMMITMENT TOWARDS BUILDING A BETTER NIGERIA

President Muhammadu Buhari has promised Nigerians that he will not betray the confidence and trust reposed in him if re-elected the president in the 2019 presidential election. The President made the promise while delivering his acceptance speech as the 2019 presidential candidate of the All Progressives Congress (APC), during the ruling party’s national convention at […]

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FEDERAL GOVERNMENT PROMISES TO REVIEW MODALITIES FOR NEW MINIMUM WAGE

The Federal government says it would soon address the agitation for the upward review of the national minimum wage in a manner that will make workers and all Nigerians smile. This promise was made by the Secretary to the Government of the Federation, Boss Mustapha in Abuja. Mustapha said the present administration was sensitive to […]

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ASUU CLAIMS GOVERNMENT PLANS TO INTRODUCE 350,000 NAIRA UNIVERSITY TUITION

The Academic Staff Union of Universities has alleged that the Federal Government was taking steps to make students of federal universities pay a minimum of 350,000 naira for tuition fee. Zonal Coordinator of the Academic Staff Union of Universities in Ibadan, Dr Ade Adejumo, disclosed this yesterday. Adejumo said it was important for ASUU to […]

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FEDERAL GOVERNMENT APPROVES 90-DAY SPECIAL WINDOW FOR REGISTRATION OF BUSINESSES

The Federal Government has approved a 90-day special window to register businesses at a reduced rate of 5,000 naira in a bid to further ease the process of registering Micro, Small and Medium Enterprises in the country. Vice-President Yemi Osinbajo, who made the disclosure yesterday in Enugu State, said the special window of 90 days […]

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UNREST IN INDONESIA AMID DESPERATION FOR AID

Residents of Palu in Indonesia are growing increasingly desperate for aid after a quake and tsunami hit the town. Supplies of water, food and fuel are scarce and with roads damaged, it is proving hard to bring more in, or reach the more remote areas. It’s chaos now. Reports reveal that police authorities were firing […]

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NIGERIA’S EXTERNAL RESERVES DROP BY 1.5 BILLION DOLLARS

The Central Bank of Nigeria has said the nation’s foreign exchange reserves fell by 1.45 billion dollars last month. The external reserves, which stood at 45.8 billion dollars at the end of August, declined to 44.38 billion dollars on September 27, 2018. The apex bank noted that the evolution of the forex market in the […]

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SUPER EAGLES COACH RECALLS 23 PLAYERS FOR LIBYA AFCON QUALIFIER

Super Eagles Coach, Gernot Rohr has invited Ahmed Musa and 22 other players for this month’s double-take 2019 Africa Cup of Nations qualifying fixture against Libya’s Mediterranean Knights. Arsenal’s Alex Iwobi will return alongside Italy–based duo William Ekong and Olaoluwa Aina. Goalkeeper Ikechukwu Ezenwa is the only home–based professional. All invited players are to report […]

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AVIATION AGENCY ADVOCATES LOCAL AVIATION FUEL PRODUCTION

The Nigerian Airspace Management Agency has asked stakeholders in the oil and gas industry to begin local production of aviation fuel in line with the Nigerian content development initiative of the Federal Government. Managing Director of the Agency, Captain Fola Akinkuotu, who disclosed this added that due to the high cost of aviation fuel, it […]

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