FG Says Nigeria Will Quit Economic Recession before April 2021
The Federal Government has said that Nigeria will exit by the first quarter of 2021, its  latest  economic recession, which is the  second in the 5 years of President Muhammadu Buhari’s regime . The Minister for Finance, Budget and National Planning, Mrs. Zainab Ahmed, who  stated this yesterday said... Read more
Exchange Rate:Why Naira Crashed to N470 to $1 at Parallel Market
Fuel Price Speculated to Rise to N200 per Litre ThisYear Due to the decline in Nigeria’s foreign  reserves, and the Organisation of Petroleum Exporting Countries(OPEC) forecast, that the request for crude oil  by the consuming nations will fall in 2001 among other factors , the naira has continued its... Read more
FG Insists on Support for Okonjo-Iweala till  Emergence  as  WTO DG
Dr Ngozi Okonjo-Iweala   Sequel to the United States lack of support  for  Nigeria ‘s former Finance and Economy Minister  , Dr Ngozi Okonjo- Iweala, for the plum job of the World Trade Organisation (WTO) Director General, The Federal Government has promised to engage relevant stakeholders to ensure that... Read more
US  Witholds Backing for Okonjo-Iweala as Next WTO DG
The US has refused to give its consent to Ngozi- Okonjo Iweala, Nigeria’s former  Finance  and Economy Minister and  a front-runner  candidate in the race  to head the World Trade Organization, defying the body’s other 160 member nations and leaving the outcome of the race uncertain. Ngozi Okonjo-Iweala,  has... Read more
#ENDSARS: Lagos Requires N1trn to Rebuild Vandalised Facilities
About N1trillion would be needed by the Lagos State Government to put back the assets that were destroyed by vandals  in the State during the #ENDSARS protest. House of Representatives Speaker Femi Gbajabiamila, revealed the estimated cost during his visit to  Governor Sanwo-olu   along with members of the House... Read more
FG to Complete 18 Roads , Bridges Leading to Ports, Agric Hubs in 2021- Fashola
… As  Ministry of Works Contends with 711 Uncompleted projects, up from 601   Minister of Works& Housing, Babatunde Fashola   The Minister of Works and Housing, Mr. Babatunde Fashola has  begun the defense of the budget proposals for his Ministry, in the 2021 Budget, emphasizing that the  focus... Read more
Copyright Commission Arraigns 7 Book Piracy Suspects
NCC DG, John Asien   Seven book piracy suspects arrested during an enforcement operation by the Nigerian Copyright Commission (NCC) have been arraigned for prosecution at the Federal High Court 1, Umuahia, Abia State. The defendants, Emmanuel Onyejekwe, Ifeanyi Okoro, Ejike Alozie, Emenike Owunna, Ihueze Kyrian, Ebuka Emecheta and... Read more
NCC Boosts Copyright Regulation, Set to Reintroduce Hologram Stamps
NCC DG , Asein   The Nigerian Copyright Commission (NCC), in collaboration with stakeholders, will soon reintroduce the hologram scheme to boost copyright regulation and anti-piracy interventions in selected copyright industries. Director-General of NCC, Mr. John O. Asein disclosed this recently in Abuja while receiving a delegation of Motion... Read more
NLC , TUC, Thread Softly ,  Shift Strike by Two Weeks
The Nigerian Labour Congress (NLC) and the Trade Union Congress(TUC)  have  shifted their  proposed nationwide  strike action by two  weeks , sequel to  some concessions  they  got from   the Federal Government , which included temporary  reversal, for 14 days , of the hike in electricity tariff . Their decision... Read more
Low Remittances: FG Set to Deploy Revenue Directors to NPA, Customs, NIMASA, others
Worried by dwindling revenue due to the negative effect of the  COVID-19 pandemic , which has also contributed to  low remittances into its coffers by most of its agencies , the Federal Government has decided to deploy  revenue directors to its  various enterprises  with a view to shoring  up... Read more