Latest Nigeria Business News
The Nigerian Civil Aviation Authority, NCAA, has begun investigation into the smoke in an Aero Contractors aircraft enroute Lagos from Port Harcourt. Sam Adurogboye, General Manager, Public Relations, NCAA, confirmed the development to the News Agency of Nigeria in Lagos on Wednesday. The Aero Contractors flight NG316 was engulfed in smoke about 20 minutes after […]
The Borno State Emergency Management Agency, SEMA, says 30,000 Internally Displaced Persons, IDPs, who fled the state at the peak of the Boko Haram insurgency have returned home. Abdullahi Umar, the spokesperson of the agency, said in a statement issued in Maiduguri on Wednesday that the figure was part of the 78,000 IDPs that fled […]
The World Bank is set to inject $200 million into Nigeria’s agricultural sector, PREMIUM TIMES has gathered. Adetunji Oredipe, World Bank’s Fadama Team Leader, who disclosed this on Wednesday, said the fund is meant to revitalise the nation’s livestock sub-sector. Fadama is a Hausa word that generally means irrigable land. Mr. Oredipe said that the […]
The Presidency has commenced efforts to strengthen the mechanism of the Whistle blower policy following breakthroughs in the war against corruption and unaccounted wealth, an official has said. The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, confirmed this development to State House correspondents on Wednesday in Abuja. He noted that […]
The Speaker of the House of Representatives, Yakubu Dogara, has lamented the high rate of turnover of legislators in the National Assembly. This, he attributed to reasons including godfatherism and the clamour for rotational representation at the expense of quality legislation and the high cost of training invested in members, once elected. The speaker expressed […]
Vice-President Yemi Osinbajo has met with the Secretary to the Government of the Federation, SGF, Babachir Lawal, barely an hour after the announcement of Mr. Lawal’s suspension from office. The News Agency of Nigeria reports that the closed-door meeting is connected with the work of the Presidential Committee set up to investigate allegations of misconduct […]
Shehu Sani, the senator heading the committee that blew the lid of the contract frauds at the Presidential Initiative for the North East, PINE, has commended President Muhammadu Buhari for suspending the official at the centre of the scandal, the Secretary to the Government of the Federation, Babachir Lawal. Mr. Buhari announced the suspension of […]
The Nigeria Cassava Growers Association, NCGA, has appealed to the federal government to review the repayment plan of cassava bread development funds given to farmers. Segun Adewumi, the National President of the Association, made the appeal while speaking with News Agency of Nigeria in Abuja on Wednesday. He said that although part of the money […]
A former president, Goodluck Jonathan, Governor of the Central Bank of Nigeria, Godwin Emefiele; and anti-corruption chief, Ibrahim Magu are amongst some high-profile personalities that are expected to be questioned by a presidential panel investigating the mysteries surrounding the over N13 billion recovered from an apartment in Lagos last Wednesday, PREMIUM TIMES has learnt. The […]