Only leaders with high integrity can improve Nigeria’s development

Lagos State Governor, Mr Akinwunmi Ambode on Wednesday said if Nigeria must develop and have sizable improvement in the nation’s Gross Domestic Product (GDP), people of good conscience and high integrity must be at the drivers’ seat in all spheres of the economy. I welcome members of the Full Gospel Businessmen Fellowship International to Lagos […]

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The enduring partnership between the United States and Nigeria

This is the last day of my first trip to Africa as the Assistant Secretary of State for African Affairs. I spent most of my 32-year career as an American Diplomat on this continent, and I was fortunate to serve twice in Nigeria. As they say, old friends are the best friends. I am truly […]

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NB Plc charges Eagles to beat South Africa

Nigeria’s leading brewing company, Nigerian Breweries Plc has urged the Super Eagles to extract their pound of flesh from the Bafana Bafana of South Africa when the two sides meet on Saturday in a 2019 Africa Cup of Nations match day five game at the FNB stadium in Johannesburg, South Africa. This motivational message was […]

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Nigeria downsize food importation by 60 pct

Nigeria has succeeded in reducing the importation of food items by 60 per cent from 2015 to date, the Governor of Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, reported. Emefiele said that the government, in the process, saved $800 million. The reduction was affected five major food items – rice, wheat, sugar, tomatoes and […]

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Nigeria’s economic performance can better IMF’s prediction – report

FSDH Research, an arm of FSDH Merchant Bank Limited, says Nigerian’s economy has the potential to perform better than what the International Monetary Fund predicted. It added that for the country to realise its full potential, issues such as security of lives and property, infrastructure, rule of law, and the diversification of revenue and the […]

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FILE PHOTO: Nigeria's Vice President Yemi Osinbajo speaks during the Nigeria/Ecowas Trade and Investment for Development forum in Abuja

‘Nigeria is not against AfCFTA’

The federal government recently reiterated its position on the African Continental Free Trade Area, ACFTA, saying that Nigeria is not against the pact. The Vice President, Prof. Yemi Osinbajo, who said this in a keynote at the 2018 Africa Trade Forum in Lagos, said although, Nigeria was yet to sign the agreement, the country was […]

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Here’s why Abacha $321 million loot was released to Nigeria

Ado-Ekiti-Some concerned civil Society Organisations, CSOs, have revealed why the loot of the late maximum ruler and former Nigerian head of State, General Sanni Abacha was released to Nigerian Government. According to the Non-governmental Organisations, “It was the intention to lessen poverty and bridge the wide gap between the rich and poor that made the […]

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Nigeria can stop importing petrol by 2021 – Asemota

Mr. Osahon Asemota is the Managing Director of Mettle Energy and Gas. In this interview, the Edo State born business mogul speaks on the recent controversy over the supply of 10, 000 tons of petroleum products worth over $11 million from TRAFIGORA, a leading world marketing company of petroleum product by his company. He used […]

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HSBC, UBS exit from Nigeria is a bad indicator – Experts

A foremost financial and economics expert, Mr Bismarck Rewane, has described the exit of two global banks, HSBC and UBS, from Nigeria as a bad indicator. Also, the Managing Director/Chief Executive Officer, Cowry Asset Management Limited, Mr Johnson Chukwu, also said Nigeria should be worried about the development. The Central Bank of Nigeria said in […]

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Nigeria may face high inflation, food shortage if flooding persist

The rate of inflation in Nigeria will increase further in coming months if the shortage of food caused by severe flooding in about 14 states is not adequately addressed by the Federal Government. According to the November 2018 bi-monthly report of the Financial Derivatives Company, a renowned economic think tank, the intense flood, particularly in […]

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Nigeria needs 2m pints of Blood yearly for emergencies – Red Cross

The Commandant of the Nigeria Red Cross Society (NRCS), Yaba College of Technology (YABATECH) detachment, Mr. Talodabioluwa Alonge says that the health sector needs two million pints of blood yearly in anticipation of emergencies. However, according to him, only about 500,000 pints have been raised. Alonge disclosed this to newsmen on Saturday in Lagos, during […]

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Life expectancy in Nigeria is now 55 years – WHO

The 2018 average life expectancy for Nigerians is now 55 years, a global data shows. According to the latest World Health Organisation, WHO, data published for 2018 life expectancy in Nigeria, a male given birth to in Nigeria in 2018 is expected to live approximately 54.7 years while a female is expected to live approximately […]

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