News

Lagos State Government has disclosed that it is poised to increase food supply from the current 15 per cent to 25 per cent within the next four years. State Commissioner for Agriculture, Mr. Oluwatoyin Suarau, who stated this at a recent press briefing held to mark the one year anniversary …

Bilateral trade between Nigeria and the United States of America (U.S.), from January to February this year, has been put at $799.9 million, according to the United States’ Census Bureau. Besides, Nigeria’s oil and gas business relationship with Houston Texas in 2015 stands at $15 billion. Mayor of Houston, Sylvester …

Nigeria’s infrastructure deficit is up to $300bn representing 25 per cent of the country’s Gross Domestic Product (GDP), according to the Lagos Chamber of Commerce and Industry (LCCI). President of the chamber, Dr. Nike Akande, made the observation in a goodwill message delivered during the Nigeria-Japan public, private conference for …

Team Nigeria has finally secured a place among the 16 men’s teams that will compete in the table tennis event of Rio 2016 Olympic Games in Brazil. This development was confirmed based on the May Ranking released by the world table tennis ruling body, International Table Tennis Federation (ITTF), Thursday, …

Global rating agency, Moody’s Investors Service, has re-affirmed the resilience of the Sterling Bank franchise by maintaining the lender’s standalone Baseline Credit Assessment (BCA) ratings of B3. BCAs are inputs to Moody’s joint-default analysis for ratings on issuers subject to extraordinary government support. It measures the financial strength of issuers …

The Nigerian Stock Exchange (NSE) All Share Index (ASI) as well as market capitalization lost 0.59 per cent as the local bourse registered 24 declining stocks as against only 25 gainers as at Thursday trading. Consequently, the All-Share Index dipped 151.64 basis points or 0.59 per cent to close at …

President Muhammadu Buhari Thursday in Abuja urged the United Nations Office for Drugs and Crime (UNODC) to facilitate the faster recovery of Nigeria’s stolen wealth stashed abroad. Receiving the Executive Secretary of UNODC, Mr Yury Fedotov, President Buhari said that the process of recovering the stolen assets had “become tedious” …

Governor of Abia state, Dr. Okezie Ikpeazu, has said that the Abia State Vigilante Services (AVS), popularly known as Bakassi, are to commence, with immediate effect, a two week intensive training, for onward deployment to communities in the state, to assist in community policing. This development is part of the …

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has said that the maritime sector in Nigeria is the soul of the country’s economy. The DG said this at a workshop on “Local Content Implementation in the Nigerian Oil and Gas Industry: A Cost …

The people of Nsukka cultural zone of Enugu state operating under Nsukka General Assembly Thursday paid a solidarity visit to Governor Ifeanyi Ugwuanyi over the recent attack on Nimbo community by suspected Fulani herdsmen, vowing not to take any repeat of such attack on their people lightly in the future. …

Minister of Transportation, Chief Rotimi Amaechi, has said that he was propelled by patriotic zeal, the need to “stop the bleeding and sucking” of the nation’s collective resources by a tiny few, to publicise the letter written by the then Governor of the Central Bank of Nigeria, CBN, now Emir …

Southwest zone of the Peoples Democratic Party (PDP) has assured that the newly-adopted zoning formula for sharing of offices at the National Working Committee (NWC) of the party will not relegate it to the background, as it stated that the move would instead further invigorate the zone. National Vice Chairman, …

Senate President, Bukola Saraki, Thursday, adjourned plenary for one week to enable members of the opposition Peoples Democratic Party (PDP), in the chamber, to attend the on-going party’s congresses. The senate did not consider any motion or bill as the number of senators present during the day’s plenary was not …

Lagos State Government, Thursday, assured residents of the June completion date for the construction of 114 roads currently ongoing across the 20 Local Governments and 37 local Council Development Areas in the State. Commissioner for Local Government and Community Affairs, Hon. Muslim Folami gave the assurance at the ongoing Ministerial …

Former Vice President Atiku Abubakar has described the death of former Lagos State Commissioner of Sports, Prince Ademola Adeniji-Adele, as a loss not only to Lagos State and his family, but also the pro-democracy community in the country. In a tribute issued by his media office in Abuja, Thursday, the …

Wife of the President, Mrs Aisha Buhari, Thursday, in Abuja commended the United Nations Children’s Fund (UNESCO) and household products manufacturing firm, Procter and Gamble (P&G) for their joint project aimed at empowering 60,000 girls and women in Nigeria. Buhari gave the commendation at the Graduation Ceremony of 7,500 Non-Formal …

AGENE GODWIN, Benin Newly-elected Speaker of the Edo State House of Assembly, Hon, Mrs Elizabeth Ativie has thrown more light into what led to the recent change in the leadership of the House saying that the impeached speaker and his deputy were found wanting of corrupt practices in their financial …

As part of efforts to make Ebonyi the number one state in rice production in the country, Governor David Umahi has directed the disbursement of N1billion to commercial rice farmers in the state. The sum, according to him, will not be given to them in form of cash but as …

In its bid to offer more comprehensive logistics solutions that will enhance clients’ optimal satisfaction and reposition the brand to consolidate its leading position in the industry, one of Nigeria’s foremost logistics companies, Red Star Express Group has appointed new Executive Directors for the group and Divisional Managing Directors for …

The Vice-Chancellor of the University of Port Harcourt, UNIPORT, Professor Ndowa Lale, has called on the Niger Delta Development Commission, NDDC, to quickly complete and hand over the 522 bed-space hostel, which the Commission built for institutions in the Niger Delta. Professor Lale spoke when he led a team of …

The recent report that the PDP’s National Executive Committee (NEC) has zoned the party’s chairmanship position to the North-East geo-political zone after earlier zoning its presidential flag bearer to the north in 2019 – has raised the question of whether the party has shot itself on the foot. My simple …

Governor Okezie Ikpeazu of Abia State is a clinical biochemist by training, a teacher, an administrator, a witty humourist and a refuse evacuator. He was a worker in the dunghills of Aba, sweeping the streets and evacuating refuse. These were the simple elements of his profile until the twist of …