By Lucy Ogalue The Abuja Chamber of Commerce and Industry (ACCI), has commended the infrastructure initiatives and dedication of the FCT Minister, Nyesom Wike, in one year of President Bola Tinubu’s administration. The ACCI President, Mr Emeka Obegolu, in a statement described the infrastructure development strides by the minister inContinue Reading
By Okeoghene Akubuike Mr Adeyemi Adeniran, the Statistician-General of the Federation has called on stakeholders to take action to eradicate poverty in Nigeria. Adeniran, CEO, National Bureau of Statistics (NBS) said this at a Stakeholders Technical Dialogue on the “Operationalisation of the Multidimensional Poverty Index(MPI) as a Policy Tool inContinue Reading
FG urges investment in gas sector to create jobs, boost energy supplyContinue Reading
By Okeoghene Akubuike The Federal Government says it remains committed to supporting implementation of the Multidimensional Poverty Index (MPI) 2022. Sen. Abubakar Bagudu, the Minister of Budget and Economic Planning, said this at a Stakeholders Technical Dialogue on the “Operationalisation of the Multidimensional Poverty Index as a Policy Tool inContinue Reading
By Martha Agas The Trade Modernisation Project (TMP) of the Nigeria Customs Service (NCS), will check the extortion of traders by facilitating the comprehensive tracking of their goods from the beginning of the trade process until delivery. This is through its Unified Customs Management System(UCMS), a software that would beContinue Reading
By Ginika Okoye The Nigeria Deposit Insurance Corporation (NDIC), says it will begin payment of insured sum to 2.3 million depositors of Heritage Bank in-liquidation within the week. The Managing Director of NDIC, Mr Bello Hassan, said this while briefing newsmen in Abuja on Wednesday. The managing director said theContinue Reading
By Lucy Ogalue The University of Abuja and the Gemological Institute of Nigeria (GIN) have signed a Memorandum of Understanding (MoU) to strengthen the mining sector. The GIN President, and 1st Deputy President, Abuja Chamber of Commerce and Industry (ACCI), Prof. Adesoji Adesugba, during the signing, said the MoU wouldContinue Reading
By Gregory O. Mmaduakolam An Economist, Mr Abba Adaudu, has decried the revocation of the licence of Heritage Bank by the Central of Nigeria (CBN) due to a breach of banking regulations. Adaudu, who is also a financial consultant, spoke with the News Agency of Nigeria (NAN) on Tuesday inContinue Reading
By Kadiri Abdulrahman The Central Bank of Nigeria (CBN), has announced revocation of the licence of Heritage Bank Plc with immediate effect. This is according to a statement issued by Hakama Sidi-Ali, the Acting Director, Corporate Communications Department of CBN on Monday in Abuja. Sidi-Ali said that the action wasContinue Reading
By Martha Agas The Minister of Solid Minerals Development, Dr Dele Alake, says plans are ongoing by the Federal Government to establish six mineral centres in the six geo-political zones. According to Alake, the aim is to boost the sector. Alake said this in an interview with the News AgencyContinue Reading
