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Exclusives

Nigeria’s inflation drops marginally to 11.23% in June 2018

July 23, 2018     8:41 am
The rate at which the prices of goods and services increase in Nigeria (inflation) year-on-year slowed marginally to 11.23 percent in June from 11.61 ...
Exclusives

Firms bypass banks, raise N226bn CPs at lower rates

Companies have been raising debt through the FMDQ OTC platform at a record pace as N226 billion worth of commercial papers (CPs) have been issued sinc ...
Exclusives

Shell’s onshore divestments gather pace with planned $2bn asset sale

Shell Nigeria’s ambition to fully divest from onshore fields in Nigeria is nearing a critical stage as it is making significant progress to sell all ...
Exclusives

Eko Hospital in need of a miracle

More than three decades after opening its doors to save lives, Shareholders in Eko Hospital one of Lagos’ most popular health facilities will be hop ...



Financial Inclusion

MPC: Economists foresee rates retention due to global, domestic uncertainties

Economists have expressed optimism that the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) would retain the benchmark lending rate due to uncertainties in the global and domestic environment. They stated this in various interviews with the News Agency of Nigeria (NAN) in Lagos on Monday, on expectations from 262nd MPC meeting…...


Varied policy frameworks seen constraining Africa’s energy development potential

Policy and regulatory frameworks across Africa remain varied and largely constrain the development potential of the continent, International law firm, Pinsent Masons Africa, partner Rob Morson, says. Speaking at the PowerGen conference in Sandton, last week, Morson says the current policy and regulatory environment is not conducive to enabling Africa to leapfrog the development of…...


Young Nigerians should replicate America back home – US official

The US government on Sunday enjoined young Nigerians that had or were currently studying in the US to strive to replicate developments in America in Nigeria. The retiring public affairs officer of the US Consulate-General in Lagos, Darcy Zotter, told the News Agency of Nigeria in Lagos in that Nigerians should begin to replicate America back home…....


Ex-envoy urges FG to focus on diplomatic search for peace

A former Nigerian ambassador, Michael Omolewa, on Sunday urged the Federal Government to focus on search for peace in its diplomatic relations arrangement. Omolewa, who also was the Permanent delegate to the United Nations Educational, Scientific and Cultural Organisation (UNESCO), gave the advice in an interview with the News Agency of Nigeria in Lagos. The ambassador said…...


FG to prosecute airline agents for swindling stranded fans in Russia

Federal Government has vowed to arrest and prosecute airline travel agents who cancelled the return tickets of 230 Nigerian football fans stranded after the 2018 World Cup tournament in Russia. Nigerian ambassador to Russia, Steve Ugba, said this in an online video statement made available by the spokesperson of the Ministry of Foreign Affairs, Tope…...


2019: Clerics urge improvement on PVC distribution, voter education

Clerics have called on the Independence Electoral Commission, (INEC) to boost effort in the distribution of Permanent Voter Cards (PVCs) and evolve measures to curb vote-buying. The clerics, who made the call in separate interviews with the News Agency of Nigeria (NAN) in Lagos on Monday, also urged the commission to ensure that results of…...


2019: Story of juicy offers not true, says Saraki

Senate President, Bukola Saraki has said that the speculations about juicy offers being made to him and his associates as part of the on-going discussions with the Presidency and leadership of the All Progressives Congress (APC) is untrue. He said what is at stake is the future of the country and its democracy and that…

How weak bank loan slows real estate performance

The real estate industry in Nigeria seems to depend heavily on commercial banks’ funding, as the decline in lending rate to this industry has contributed in pulling it in downward trajectory. Total bank lending to construction and real estate sector declined by 11 percent from N4.81 trillion in 2015 to N4.2 trillion in 2017. On…...


Comfort for investors as CBN deepens efforts at growing mortgage market

More than ever before, efforts at driving growth in the fledgling mortgage market in Nigeria is gaining traction and expectation is that, if there is no drop or relaxation in the tempo of activities, it won’t be long before the market stats seeing the impact and fruits of those efforts. The mortgage market in Africa’s…...


Mortgage finance, Land Use Act resonate as experts chart course for housing sector

Developing housing cheaply and delivering same at affordable prices remain thorny issues in Nigeria that seem to have defied quick-win solutions, limiting investment and constraining growth of the sector. But when experts and sundry stakeholders gathered in Abuja last week, seeking ways of ‘driving growth and sustainability in Nigeria’s housing and mortgage markets’, despite varied…...


National carrier: NCAC chief warns against free tickets to politicians

Director-general, National Council for Arts and Culture (NCAC), Olusegun Runsewe, has called on the Federal Government not to give free tickets to politicians and government officials that would patronise the services of the new national carrier. Runsewe, in an interview with the News Agency of Nigeria on Sunday in Abuja, said anybody that would patronise the national…...


APC blasts PDP, says the opposition looking for life after death

The ruling All Progressives Congress, APC has blasted its main opponent, the Peoples Democratic Party, PDP, noting that, it is looking for life after death”. APC argued that, “after three years in the wilderness, the Peoples Democratic Party (PDP) is understandably excited with possibility of hiding its irredeemably bad image under the heap of a…

Ngige to Oshiomhole: I have presidential backing not to inaugurate NSITF board

The last is yet to be heard about the financial crisis rocking Nigerian Social Insurance Trust Fund (NSITF), as Chris Ngige, Minister of Labour ad Employment disclosed that he was acting on President Muhammadu Buhari’s directive not to inaugurate the NSITF’s board. Ngige stated this while responding to a counter directive issued by the National…

Apapa gridlock: Ambode meets with stakeholders today

Akinwunmi Ambode, governor of Lagos State, is today meeting with stakeholders in furtherance of efforts to find a solution to the road congestion in the state, particular within Apapa and its environs. Meanwhile, the joint tsk force set up by the state government involving security agencies and unions in the maritime and transportation sectors to…

2019: Otti returns for Abia governorship race

Dr. Alex Otti, a former governorship candidate of the All Progressives Grand Alliance ( APGA ) in the 2015 general elections in Abia on Friday declared his interest to run again in 2019. Otti, a former banker and renowned financial expert, told a mammoth crowd of his supporters at the Ngwa High School, Aba, venue…


CEO Mag



Life & Arts

Building a Million Dollar Side Hustle The “Girl Boss” Book Brunch

Building a Million Dollar Side Hustle: The “Girl Boss” Book Brunch

Slim Girl Shapewear CEO, Juliana Richards who has just written her first book Building a Million Dollar Side Hustle; a...

Huawei announces entry for “Seeds for The Future” program

  Huawei Nigeria today announced the call for entry from Nigerian university student to enter this year’s seeds for the...

Why you should take pig farming serious in Nigeria

  There’s a surge of interest in the Agricultural sector in Nigeria. A lot of entrepreneurs are taking on various...



Fifa 2018 World Cup     Powered by  

Russia 2018: At last, the ‘war’ is over!

Russia 2018: At last, the ‘war’ is over!

Amidst a most stunning ambiance, the 23rd  edition of Federation of International Football Associations, FIFA, World Cup, tagged Russia 2018,...

2022 FIFA World Cup: Qatar to spend estimated $200 billion on infrastructure

Qatar plans to spend at least $200 billion on the 2022 FIFA World Cup, according to a statement from Russian...

Jurgen Klopp

Klopp says does not care about transfer criticism

Liverpool manager Jurgen Klopp “doesn’t care” about allegations of hypocrisy over his transfer spending. After Paul Pogba’s £89m move to...

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