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Buhari, Atiku, others to hold Presidential debate December 14
Fri, 23 Nov 2018
The Nigerian Election Debate Group has scheduled a debate for presidential and vice presidential candidates, ahead of the 2019 General Elections. Specifically, the presidential debate is billed for December 14, 2018 while the debates among vice presidential candidates will hold on January 19, 2019. Head of the group who also doubles as chairman of the…
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Terrorism: Atiku calls for increased military funding
Fri, 23 Nov 2018
Former Vice President and the Presidential candidate of the Peoples Democratic Party (PDP) has called for increased military funding to equip and boost the moral of the servicemen to defeat the rising spate of terror activities in the Middle Belt and the North East. Apparently disturbed by Tuesdays killing of nearly 50 Nigerian soldiers of…
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Offa robbery: All five suspects that indicted Saraki are alive ‘ Police
Fri, 23 Nov 2018
The police have debunked the claim by the President of the Senate Bukola Saraki that the death of one of one of the principal suspects in the April deadly bank robbery in Offa in Kwara state, Michael Adikwu, has vindicated him. Saraki had issued a statement through his spokesman Yusuf Olaniyonu exonerating himself from the…
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FAAN to carry out routine maintenance at D Wing of MMIA
Fri, 23 Nov 2018
The Federal Airports Authority of Nigeria has notified airlines, passengers and the general public that between 1000hours and 1200hours on Saturday November 24, 2018, it will embark on a routine maintenance at the D Wing of the Murtala Muhammed International Airport, Lagos. In a release issued byYakubu Henrietta, general manager, corporate affairs, the authority said…
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How Nigeria’s auto policy encourages importation of damaged ‘Tokunbo’ vehicles
Fri, 23 Nov 2018
Five years into the implementation of the national automotive policy of 2013 introduced by the immediate past administration of ex-President Goodluck Jonathan, Nigerian car dealers have shifted attention to bringing in low quality and vehicles damaged by accident to cushion the effect of high import tariff on new and used vehicles and the recent devaluation…
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Buhari commissions Edo-Azura plant, attends COAS confab
Fri, 23 Nov 2018
Edo State government will on November 27, host President Muhammadu Buhari, who will commission the Edo-Azura Power Plant and grace the Chief of Army Staff (COAS) Annual Conference billed to hold in Benin City, the state capital. In a statement, special adviser to the Edo State governor on media and communication strategy, Crusoe Osagie, said…
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Populations growth projected to drive consumer spending to $2.1trn by 2025
Fri, 23 Nov 2018
Director-general, Consumer Protection Council (CPC), Babatunde Irukera, says rising consumer spending across the continent, projected to reach $2.1 trillion by 2025, underscores increasing value of the African market. Irukera, who gave the information during a presentation titled: Africas Emerging Market: A Matter of Asset and Access, says the projected expansion has opened opportunities for consumer…
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Africa loses billions of dollars due to child marriage ‘ World Bank report
Fri, 23 Nov 2018
Child marriage will cost African countries tens of billions of dollars in lost earnings and human capital, says a new World Bank report launched ahead of the African Union Commission’s second African Girls Summit on Ending Child Marriage taking place in Ghana this week. According to Educating Girls and Ending Child Marriage: A Priority for…
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Reforming Land Use Act of 1978 for economic prosperity
Fri, 23 Nov 2018
Nigeria’s land administration needs urgent reforms. The 40-year-old Land Use Act 1978, the law that generally governs the administration of land in Nigeria, from all indications, has lost its usefulness. Whatever purpose it might have served in the past, the current realities in the country have rendered it irrelevant and inoperative. Thus, rather than being…
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Why Buhari plans to fix small businesses with Entrepreneur Bank
Fri, 23 Nov 2018
Muhammadu Buhari, presidential candidate of the All Progressives Congress (APC), says he will create an Entrepreneur Bank to enable micro, small and medium enterprises (MSMEs) access cheap funds. Buhari, Nigeria’s current president, is seeking a second term, having been elected in 2015 to serve a term of four years. In his abridged manifesto entitled, ‘Next…
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Amosun targets 35% revenue increase in Ogun with N402.6bn budget proposal for 2019
Fri, 23 Nov 2018
Despite the imminent general elections in Nigeria slated for next year with strong attendant risks and lack of confidence that could have negative impacts on the existing and prospective investments in the country, Governor Ibikunle Amosun of Ogun state on Wednesday, proposed N402.63 billion as 2019 fiscal estimates, targeting a whooping N13.4 billion from internally-generated…
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CBN calls for collaboration to tackle identity theft, social engineering
Fri, 23 Nov 2018
The Central Bank of Nigeria (CBN) on Thursday called for collaboration among banks and other stakeholders in tackling identity theft and social engineering in the sector. Dipo Fatokun, director, banking services department, CBN, made this call during the anti-fraud week stakeholders’ workshop themed’ identity theft and social engineering’, organised by Access Bank plc in Lagos….
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Hypertension, stress, poor nutrition responsible for high premature births in Nigeria ‘ Experts
Fri, 23 Nov 2018
Hypertension, stress and poor nutrition in pregnant women accounts for large numbers of premature (also known as per term) births in Nigeria, experts say. The experts who spoke at the Blue Baby Support Initiative awareness programme to mark this year’s World Prematurity Day on Saturday, November 17, 2018 say that Nigeria has one of the…
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Privedoc app connects patients with doctors all over the world ‘ Lanre
Fri, 23 Nov 2018
PriveDoc, a medial app founded by Lanre Olaitan chief executive officer ofPriveDoc, limited in Nigeria and Medcircuit Limited in the United Kingdom was recently launched and has received a considerable amount of attention, mostly for consultation. In this interview with Anthonia Obokoh, he discusses the sole purpose of the app, the problem it aims to…
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Open defecation can affect public health, puts productivity, economic growth at risk
Fri, 23 Nov 2018
Open defecation refers to the practice whereby people go out into fields, bushes, forests, open bodies of water, or other open spaces, rather than using the toilet, to defecate. As Nigeria joins the international community to mark World Toilet Day on the 19th of November, Reckitt Benckiser (RB), makers of leading toilet cleaning brand, Harpic,…
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BPE dispels rumour of BEDC, Discos licence renewal
Fri, 23 Nov 2018
The Director General, Bureau of Public Enterprises (BPE),Alex Okoh has declared that contrary to suggestions in some quarters, there is indeed nothing on-going in terms of contract or license renewal for any of the Distribution companies (Discos), including BEDC Electricity Plc. Speaking during a Press briefing in Benin, Okoh appealed to civil society groups, residents…
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Alleged unauthorized withdrawal from NLNG : NNPC insists on full disclosure
Fri, 23 Nov 2018
The Nigerian National Petroleum Corporation (NNPC) has offered to provide details of the Nigerian Liquefied Natural Gas (NLNG) Dividends Account from 1999 till date to give the Senate and the general public a comprehensive insight into the operations of the account. Group Managing Director of NNPC, Maikanti Baru, stated this at the hearing of Senate…
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Why Ecobank offers zero fees on international transfers with Rapidtransfer App
Fri, 23 Nov 2018
The average cost of transferring money across sub-Saharan Africa is higher than anywhere else in the world, discouraging many people from sending money home to loved ones. The average cost of sending $200 is 9.4% for sub-Saharan Africa, compared to the average of 7.1 % in the first quarter of 2018, according to World Bank…
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Working through your business cash flow problems
Fri, 23 Nov 2018
There are many challenges that you have to cope with when you run your own business. If you have a small business and have limited funds, you may find that you run into cash flow problems from time to time. This can be a serious issue for smaller businesses and could even result in business…
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