Countries are urged to invest in girls as the majority of the world’s 10-year-olds live in developing countries, while girls are substantially outnumbered by boys, a UN report showed on Friday. The 2016 State of the World Population report released by the United Nations Population Fund focused on the well being of 10-year-old girls as indicators […]
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President Muhammadu Buhari approved the disbursement o N522.74 billion to states who claimed that deductions from their federation revenue to settle external debt obligations between 1995 and 2002 were in excess of their debts. The Minister of Finance, Mrs. Kemi Adeosun, said in a statement, in Abuja, yesterday, that the amount would be paid in batches, […]
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President-elect Donald Trump turned back to cabinet-building Friday after a victory rally in the Rust Belt, where allies of the billionaire were pushing to stop a vote recount in three states that were key to his victory. Three separate moves — by lawyers for Trump, his supporters, and a top law enforcement official — aim […]
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Vice President Yemi Osinbajo has called for increased partnership between public and private sectors to create more jobs for the teeming unemployment youths in the country. He said that the federal government on its part was committed to creating an enabling environment and providing required infrastructure for business to thrive. Osinbajo said that even with […]
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The once a governor of Central Bank of Nigeria, Alhaji Sanusi Lamido Sanusi on Friday in Abuja, has advised President Muhammadu Buhari to throw out his proposed plan to take $30 billion foreign loan because of its grave consequences. According to him, even if the Senate approves the loan, no foreign nation or financial institutions […]
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The Nigerian Governors Forum (NGF) and the Bill and Milinda Gates Foundation, on Thursday close a deal of $2 million, aimed at strengthening the policies of the state governments in the area of revenue generation and primary health care. Speaking while unveiling the terms of the new partnership deal in Abuja, the Governor of Sokoto State who […]
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The African Development Bank Group (AfDB) and United Bank for Africa Plc (UBA) on Wednesday November 30, 2016, signed a USD 150 million loan agreement to finance infrastructure and SME projects, including women-owned enterprises in Nigeria. “The Fund will support development of productive sectors of the economy; particularly the power sector, Infrastructure, Women owned enterprises […]
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Nigerian Nobel prize-winning author Wole Soyinka said Thursday he has fulfilled his pledge to throw away his US residency green card and leave the country if Donald Trump won the presidential election. ‘I will destroy my American green card, if Trump wins’ Shortly before the vote, Soyinka had vowed to give up his permanent US […]
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The local subsidiary of the global telecommunications solutions provider – Ericsson has fired about 160 permanent and outsourced workers in its Network Operating Centre. According to correspondents, this effect on Sunday, December 4, 2016, affected 55 full-time employees of the company. According to sources in the company, some workers were laid off in July when […]
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Nigeria musician, Yemi Alade, has taken the lead in spreading Shell’s #makethefuture campaign, which aims to inspire youths and entrepreneurs for bright ideas that can help in the global quest for more and cleaner energy. According to a statement by the oil company, the multiple award nominee and winner of the 2015 MTV African Music […]
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Federal Government is set to investigate the 22 Money Deposit Banks operating in the country to determine how much they have gathered so far since they started collecting stamp duty fees on deposits into banks accounts, investigation has shown. Correspondent gatheredd that some of the banks had not been faithful in remitting all the funds […]
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Oil swept to a six-week high on Thursday, lifting energy shares in its slipstream, after OPEC agreed to cut crude output to clear a glut, while bond yields rose on prospects that resulting inflationary pressures will lead to higher interest rates. European stocks slipped into the red, however, shrugging off the bounce in Asian shares […]
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