Dr. Kingsley obiora has taken over as the Chairman of the Board of Directors of the Nigerian Export-Import Bank (NEXIM). Obiora replaces Dr. Joseph Nnanna, who retired from NEXIM Board in February, 2020. With this appointment, Dr. Obiora will provide leadership to a multidisciplinary team of professionals that constitute the Board of NEXIM, towards ensuring […]
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The minister of finance, budget and national planning, Zainab Ahmed says the federal government is considering giving out stipends to people whose jobs have been affected by the coronavirus outbreak. Ahmed was speaking on Politics Today, a programme on Channels TV. “We have a number of fiscal incentives that we have thought through and designed […]
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The Federal Government of Nigeria has ordered the complete closure of the country’s land borders for the next month as part of measures to curb the escalating spread of the novel Coronavirus (COVID-19). This was announced by Boss Mustapha, Chairman of the Presidential Task Force for the Control of Covid-19, at a press conference in […]
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The Federal Government says it will commence the allocation of the first phase of the National Housing Project (NHP) in 2020. The Minister of Works and Housing, Mr Babatunde Fashola made this known at the 2-day inspection tour of five highway projects in Niger state on Tuesday. According to him, it was part of the […]
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The federal government of Nigeria and governors of states in the south-west have reached the agreement to draw up a legal framework for the Western Nigeria Security Network code-named: Amotekun. Rotimi Akeredolu, governor of Ondo state, disclosed this to state house correspondents at the end of a meeting Vice-President Yemi Osinbajo had with the six […]
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The front section of the six-storey building gutted by fire on Tuesday in Lagos Island has collapsed, killing a policeman. According to NAN, a part of the six-storey building located at 43 Martins street, Lagos Island, collapsed around 8:30pm on Tuesday. The incident happened as firemen were battling to contain the inferno. A part of […]
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Mr Ekpo Nta, the Acting Chairman of the National Salaries, wages and income Commmision, has promised pensioners that their earnings will also be increased when the Federal Government finally reach an agreement with the organized Labour. He had made this statement while Mr Abel Afolayan, the President of the Nigerian Union of Pensioners, visited him […]
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NIGERIA – The Minister of Finance, Mrs Zainab Ahmed has disclosed that the Federal Government secured a $3bn loan from the World Bank. According to the Finance Minister, the loan is to be used for reforming the nation’s power sector. Mrs Ahmed who announced the approval of the loan at a news conference to wrap […]
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The Islamic Movement in Nigeria, IMN, has alleged that the Federal Government has resorted in delaying the tactics in the prosecution of the remaining cases which involves its members which also invlude the one trying the leader of the organization, Sheikh Ibraheem Zakzaky. It said that the Federal Government was deliberately frustrating the IMN’s legal […]
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The Federal Government of Nigeria has proposed to spend N2.45trn on servicing of debt within the 2020 budget. President Muhammadu Buhari revealed this on Tuesday when he presented the 2020 budget proposal at the joint session of the National Assembly. Buhari noted that out of the N2.45trn local debts would take about N296bn. He stressed […]
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