33 C
Abuja

500 Rice Farms Submerged by Flood in Bayelsa

No fewer than 500 rice farms at Okpotuwari and Ondewari communities in Southern Ijaw Local Government Area of Bayelsa, have been submerged by flood. Chairman, Rice Farmers Association in the...

SEC Signs £450,000 Agreement to Aid Capital Markets

The Securities and Exchange Commission has signed a cooperation agreement with FSD Africa, a U.K. Aid funded non-profit company worth 450,000 pounds. Speaking at the signing in Lagos, SEC Acting...

NNPC Announces N18.12bn Trade Surplus

The Nigerian National Petroleum Corporation says it made a trade surplus of N18.12 billion in the month of May, higher than N17.16 billion in April 2018. The Corporation made the...

Buhari Seeks Nass Approval for $2.78B Eurobonds

President Muhammadu Buhari has requested a National Assembly resolution to raise 2.78 billion dollars from the International Capital Market for part-funding of the 2018 budget. Buhari’s request came in a...

FG Harps on Increase in Revenue Generation

The Minister of Budget and National Planning, Senator Udo Udoma, has emphasised the need for the country to increase its revenue generation. Udoma made the call during the Public Consultation...

Federal Government insists plan to float Nigeria Air still on course

The Federal Government says it has not jettisoned its plan to float a National Air Carrier for Nigeria. Recall that the Government had recently announced it was suspending the project,...

Nationwide Strike Paralyses Activities at Federal Secretariat

The warning strike ordered by the Nigeria Labour Congress has paralyzed activities at the federal secretariat, Abuja. Public and civil servants in the Federal Capital Territory stayed away from their...

Minimum Wage: No Going Back on Nationwide Strike-Says TUC

The Trade Union Congress has insisted that the organised labour would commence strike from early hours of Thursday, September. 27, following Federal Government’s failure to honour its ultimatum on the...

N-Power Beneficiaries Seek Automatic Employment

Beneficiaries of the Federal Government’s social intervention programme,  N-Power-Teach Scheme, have appealed to the Federal Government for automatic employment after the expiration of the programme. The beneficiaries, who spoke in...

WEF: Corruption costs at least 2.6 trillion dollars

The World Economic Forum estimates that corruption costs at least 2.6 trillion dollars an equivalent of about five-percent of global gross domestic product. In a press statement to mark the...
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PMB promises his supporters reward for hard work and loyalty

President Muhammadu Buhari has assured his supporters that their handwork and loyalty would be adequately rewarded. Buhari gave the assurance in Abuja while delivering a...

PMB to present the 2019 Appropriation Bill

President Muhammadu Buhari has written to the National Assembly, requesting to present the 2019 Appropriation Bill to a Joint Session of the lawmakers on...

I.E.A. global oil market could move into deficit sooner thanks to OPEC’s

The International Energy Agency, I.E.A., has warned that the global oil market could move into deficit sooner than expected thanks to OPEC’s output agreement...