Nigeria’s Excess Crude Account has been depleted to an all-time low of $274.583 million, which is believed not adequate to sustain the country in a stormy financial shock should oil prices fall below the budget benchmark. The Honourable Minister of State for Budget and National Planning, Zainab
Pop artiste and prison reform advocate, Yinka Lawanson, aka Lamboginny, has released the visuals for his activist single, ’Kirikiri Don Full’. The video, released on September 17, 2019, brings to life the message of the song, which draws attention to the deplorable state of prisons in Nigeria and the lack of justice that characterizes the […]
Philip Clement – Abuja The director general of the Small and Medium Enterprise Development Agency (SMEDAN), Umaru Dikko Radda has reiterated the importance of science and technology in the development of Micro, Small and Medium Scale enterprises. Radda said entrenching Science and Technology innovations (STI) is crucial in driving economic growth especially in the
The Nigerian Army has commenced the trial of the former General Officer Commanding, 8 Division, Sokoto State, Major Gen Hakeem Otiki, over the alleged diversion of the sum of N400 million by some soldiers in the division. The trial which commenced on Tuesday, at the General Court Marshal, sitting at the Army Officers’ Mess, Asokoro, […]
Philip Clement – Abuja The Minister of Finance, Budget and National Planning, Zainab Shamsuna Ahmed on Monday said the agricultural, manufacturing, Informational and Communication Technology (ICT) sectors will be the key focus of the forthcoming Nigeria Economic Summit (NES). Ahmed made the disclosure at a press briefing ahead of the 25th Nigeria Economic Summit
Patrick Okohue A chieftain of the Peoples Democratic Party (PDP) in Kogi State, Otunba Gbolahan Adeyemi, has taken the former governor of the state, Clarence Olafemi to the cleaners for planning to defect to the ruling All Progressives Congress (APC). He said the former governor’s indication on Sunday in Lokoja to defect to APC was […]
Reports reaching DailyTimesNGR have revealed that at least five persons have been abducted in the last 24 hours in Abuja. Anjuguri Manzah, spokesman of FCT police command whom confirmed the incident to newsmen said that the victims, including Abubakar Alkali, a lecturer at Base University, Abuja, as well as two teenagers who were returning from Quranic lecture at […]
The management of Promasidor Nigeria Limited recently embarked on an inspection of facilities at Ikun Dairy Farm for revitalisation as part of the partnership agreement with Ekiti State Government on its backward integration initiative. This was done in furtherance of the pact signed in July in Abuja by the Managing Director of the company, Anders […]
Philip Clement – Abuja The Nigeria Export Processing Zones Authority (NEPZA) has dismissed reports making rounds suggesting that the Centenary Economic City Free Zone, Tomaro Free Zone and Abuja Technology Village (ATV) Free Zone are inactive Free Zones. NEPZA dismissed the report in a statement by its Head of Corporate Communications, Simon Imobo-Tswam in Abuja.
Nneka Nwogwugwu Despite the Inspector General of Police, Mr Mohammed Adamu, orders to Commissioners of Police in all the states of the federation and the Federal Capital Territory (FCT) to avert any planned procession and disruption of public peace by Shi’ites members, the Islamic Movement has carried out its Ashura mourning procession in Abuja, in […]
The Federal High Court in Lagos on Tuesday ordered the permanent forfeiture of the 2,149 pieces of jewellery and a customised gold iPhone, valued at $40m, recovered from the Abuja home of a former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke. In a ruling on Tuesday, Justice Nicholas Oweibo held that Diezani, through her lawyer, […]
Temitope Adebayo The Securities and Exchange Commission (SEC) and the Federal Competition and Consumer Protection Commission (FCCPCC), have agreed to continue to work together in a bid to simplify the processes of Mergers of companies in Nigeria. This was disclosed by the Acting Director-General of the SEC, Ms Mary Uduk during the signing of a […]
Ukpono Ukpong – Abuja Minister of State for FCT, Dr. Ramatu Aliyu, has called on corps members serving in the territory to take advantage of government’s favourable policies to create wealth instead of seeking for white collar jobs. Aliyu, made the call in Abuja during the closing ceremony of the 2019 ‘batch B’ stream 11 […]
The Islamic Movement in Nigeria (IMN), popularly known as Shiites have alleged that the Nigerian Police have killed three of its members in Kaduna, while observing their Ashura mourning procession on Tuesday. The group’s media coordinator, Yahaya Muhammed, while giving a situation reports of the procession across the states in Nigeria, said, ‘’Three persons were […]
The Islamic Movement in Nigeria (IMN), popularly known as Shiites challenged the directive of the Inspector General of Police, Mr Mohammed Adamu, to storm the street of Wuse, in Abuja to carry out its Ashura mourning procession. Adamu had giving a statement yesterday cautioning the group to withdraw its planned protest, noting that the activities […]
President Muhammadu Buhari sympathizes with the government of Zimbabwe over the demise of the former president Robert Mugabe, at 95. The Special Adviser on Media and Publicity, Mr Femi Adesina, in Abuja on Friday, sent the statement of the president as he commiserated with family members, friends and political associates of the late political activist. […]
Nneka Nwogwugwu The Federal government has warned Nigerians to avoid travelling to high risk and volatile areas in South Africa, pending when the xenophobic attacks is adequately handled. The personal assistant to the President on New Media, Bashir Ahmad, disclosed the Press statement on his twitter handle on Monday. The statement which was signed by […]
Temitope Adebayo The Chartered Institute of Bankers of Nigeria (CIBN) has said that it set to hold the 12th Annual Banking and Finance Conference at the Transcorp Hilton Hotel, Abuja on September 24-25, 2019, to brainstorm on strategic issues that are critical to building a sound and sustainable financial system and economy. The President/Chairman of […]
Chairman of the Code of Conduct Bureau (CCB), Prof. Isa Mohammed has said that inter-agency collaboration is an essential ingredient in effectively combating corruption and terrorist financing in the country. Mohammed, represented by Murtala Kankia, made the call in Abuja at a roundtable among top management staff of the bureau. He noted that such collaboration […]
Temitope Adebayo The Management of Nigerian Agricultural Insurance Corporation (NAIC) has drawn the attention of Nigerian farmers to the ‘Red Flood Alert’ issued by the Nigerian Hydrological Services Agency (NHISA) with respect to some states of the Federation. In a statement issued by Mrs Folashade Joseph, the Managing Director/CEO of the Corporation, she underscored the