Nigeria Economy

Transcorp

Transcorp Hotels Gross Profit Rises by 143% to N16.23bn

Transcorp Hotels Plc paid a total dividend of N717 million to its shareholders at its 8th Annual General Meeting held at Transcorp Hilton Abuja recently. The Chairman of the Board of Directors, Mr. Emmanuel Nnorom, stated that the Company closed the 2021 financial year strongly, with an impressive gross revenue of N22bn, surpassing its 2019’s […]

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Ncc2

NCC, Google Partner to Drive Nigeria’s Digital Transformation

The Nigerian Communications Commission (NCC) and Google Global Services Nigeria have expressed determination to work together toward advancing the actualisation of auspicious national targets for ubiquitous broadband access in furtherance of Nigeria’s digital transformation policy. This aligns with and gives unambiguous expression to NCC’s strategic vision plan centering on strategic partnership and collaboration with necessary […]

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Sarak

Saraki Alleges N2trn Stolen From Oil Sector, Says Nigeria is Broke

Former Senate President, Dr. Bukola Saraki yesterday said the country was broke as the Nigerian National Petroleum Company (NNPC) has contributed nothing to the federation accounting (FAAC) in the last few months. The former governor of Kwara State further revealed that up to 70 million litres of fuel are stolen daily, alleging further that the […]

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Un

2023: UN Assures of Continued Support to Peaceful, Inclusive Electoral Process in Nigeria

The United Nations Electral Assistance Division (UNEAD) in Nigeria has assured Nigerians that it would continue to contribute to a peaceful and inclusive process ahead of the 2023 elections. The UNEAD delegation led by Mr. Serge Kubwimana gave the assurance yesterday in Abuja after it met with the national leadership of the All Progressives Congress […]

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Tinubu

‘Asiwaju Our Only Hope for True Transformational Leadership’ -Sanwo-Olu  

Lagos State Govenor Babajide Sanwo-Olu has said anybody wishing to succeed President Muhammadu Buhari next year must possess the ability to transform vision and ideas into a reality, saying such attribute is the most required of anyone preparing to emerge as the next President of the nation. To this end, he said the only tested […]

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Simon Harry

Breaking: Nigeria’s Statistician-General, Simon Harry, is Dead

The National Bureau of Statistics (NBS) has confirmed the death of the Statistician-General of the Federation (SGF), Dr. Simon Harry. Director, Communication and Public Relations Department,  Mr. Ichedi, Sunday Joel,  confirmed Harry’s passage adding that “He died from an illness”. The deceased reportedly fell sick last Saturday, and was immediately accorded medical attention but succumbed […]

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Buhari Writes

Again, Northern Elders Ask Buhari To Resign Over Insecurity

The Northern Elders Forum on Tuesday asked the President, Major General Muhammadu Buhari (retd.), to resign for failing to provide security in the country. The forum made the demand in a statement by its spokesperson, Dr Hakeem Baba-Ahmed. It said it was disappointing that after nearly seven years of being in office, Buhari still has […]

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Amaechi

2023:Emir of Dutse Backs Amaechi’s Presidential Ambition| Says Minister Most Qualified Candidate

The Emir of Dutse, Alhaji Nuhu Mohammadu Sanusi, has endorsed the Minister of Transport, Rotimi Amaechi, for president in 2023, saying he was the most qualified for the job. The Emir, who made the remarks at his palace in Dutse, Jigawa State, on Tuesday, when Amaechi visited him in view of his consultations in the […]

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lcci

LCCI Predicts Nigeria’s Debts To Hit N45tn By End of 2022

The Lagos Chamber of Commerce and Industry (LCCI) has predicted that Nigeria’s total debt stock was expected to hit N45.86 trillion by December 2022. According to the President, LCCI, Mr. Michael Olawale-Cole, who spoke at a press briefing on the state of the nation, the country’s debt stock was expected to increase following the federal […]

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lcci

LCCI Predicts Nigeria’s Debts To Hit N45tn By End of 2022

The Lagos Chamber of Commerce and Industry (LCCI) has predicted that Nigeria’s total debt stock was expected to hit N45.86 trillion by December 2022. According to the President, LCCI, Mr. Michael Olawale-Cole, who spoke at a press briefing on the state of the nation, the country’s debt stock was expected to increase following the federal […]

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Eko

Sanwo-Olu Felicitates With Business Mongul Dangote On 65 Birthday

Lagos State Governor, Mr. Babajide Sanwo-Olu, has congratulated the Nigerian business magnate and President of Dangote Group, Alhaji Aliko Dangote on his 65th birthday. He described Dangote, who clocks 65 on Sunday, April 10, as a renowned business man, seasoned administrator, and philanthropist who has contributed immensely to the economy and livelihood of many Nigerians. […]

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Eco2

Ogun State Gov’s Wife Lauds Ecobank’s Support For Adire Fabric Industry|Laments Activities of Counterfeiters

The wife of Ogun State Governor, Mrs. Bamidele Abiodun has lamented the activities of counterfeiters of “Adire” Fabric, calling on the relevant regulatory agencies in the country to urgently address the issue of intellectual theft bedeviling the industry. This is just as she lauded Ecobank Nigeria for supporting the just concluded Adire Market Week which […]

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