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Buhari Increases Amnesty Programme’s Budget by N35 Billion

  *Funds released for ex-militants’ rehabilitation & reintegration *Rise in budgetary allocation fallout of recent presidential level visits to oil producing communities In sustenance of the new...

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Buhari to receive freed 82 Chibok girls

Boko Haram group have released 82 schoolgirls from a group of 276 they abducted in north-eastern Nigeria three years ago, the president’s office says. They were handed over in exchange for Boko Haram...

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Osinbajo Says 50 Years after Biafra, Nigeria Greater Together than Apart

Yemi Osinbajo, Nigeria’s Vice President *Says the greatest responsibility of Nigerian leaders today is to give a pathway to unity in diversity.  Acting President Yemi Osinbajo, SAN, has underscored the...

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Restructuring: Kolade, Ezeife, Others Say Nigeria Must Explore New Ways

SOME elder statesmen from the southern part of the country have backed calls for the restructuring of the country and called on Nigerians to unite and find new ways to overcome the challenges...

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North East: Nigerian Military Unable To Hold Recaptured Territories – U.S.

The United States Department of State is worried about Nigeria’s inability to effectively secure and hold onto territories recaptured from Boko Haram terrorists despite the successes recorded by the...

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Nigeria continues to shine in various ways, produces the best in every...

Nigeria produces the best in every way, its citizens continue to shine in various ways around the world, and as we continue to do what is right in public service, the country is bound to reach the top...

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African Development Bank calls off proposed loans to Nigeria

The African Development Bank has called off a loan to Nigeria that would have helped fund the country’s budget, instead redirecting the money to specific projects, a vice president at the lender said...

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AFDB refute statement that it has called off loans to Nigeria* Says is...

  BY NKECHI NAECHE—The African Development Bank on Tuesday refute the statement that it has “called off loans to Nigeria”, as reported in Reuters and credited to AfDB Vice-President for Power, Energy,...

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Nigeria is Moving Towards Mid-table in Ease of Doing Business

  The positive headline emerging from the World Bank Group’s Doing Business 2018 report is that Nigeria has climbed 24 places to no 145 out of 190 countries over the past year. It appears that the head...

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Nigeria: Ambitious Revenue Assumptions in The 2018 Budget Proposal

Budget Speech Should be Market Neutral Given that President Buhari’s 2018 budget speech didn’t deviate much from the Medium Term Expenditure Framework (MTEF 2018-2020), the impact on financial markets...

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World Bank ranking Nigeria among top 10 most reformed economies

  Nigeria’s impressive ranking in the latest World Bank Doing Business report is proof that the country can do better if Nigerians faced its challenges headlong, according to Vice President Yemi...

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Fitch Withdraws Nigeria’s Seven Energy Ratings

  Fitch Ratings has withdrawn Nigeria-based Seven Energy International Limited’s (Seven Energy) Long-Term Issuer Default Rating of ‘RD’ (Restricted Default) and Seven Energy Finance Limited’s USD300...

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Police Give Two-Week Ultimatum to Pump Action Rifle Owners to Re-validate...

GThe Lagos State Police Command has given two weeks ultimatum to individuals with ‘pump action firearm’ and other guns to submit their arms, licences for verification and re-validation. According to...

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NAF Deploys ISR Platforms to Search for Missing 110 Dapchi Girls

Nigerian Air Force (NAF) on Sunday said it has deployed additional air assets, including Intelligence, Surveillance and Reconnaissance (ISR) platforms, to the Northeast in a renewed effort at locating...

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US Secretary Of State To Visit Nigeria Next Week

United States Secretary of State Rex Tillerson will travel to Africa next week, the State Department said on Thursday, in his first visit to the continent since President Donald Trump entered office....

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Nigeria: The paradox of growth

Crude oil output was the main driver, with +8.4% y/y growth. But non-oil output also grew, by +1.5%, a major improvement from previous quarters. It shows that growth is broadening in terms of sectors....

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Former President Olusegun Obasanjo gives reasons why Africa is still...

Former President Olusegun Obasanjo (middle) and his wife, Bola, cutting a cake to mark Obasanjo’s 81st birthday at the Olusegun Obasanjo presidential Library in Abeokuta, the Ogun state.       BY OUR...

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Nigeria Toni Iwobi Elected As First Black Senator In Italy

  A Nigerian, Toni Iwobi has become the first coloured senator elected in Italy and will be the only black parliamentarian in the next legislature, according to Yahoo News. Iwobi from Nigeria is an IT...

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Nigeria’s Economy Is Exiting Recession But Remains Vulnerable – IMF

IMF Managing Director, Christine Lagarde   Nigeria’s economy is exiting recession but remains vulnerable, the Executive Board of the International Monetary Fund (IMF) said. According to a report...

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Why we sacked 15 staff – Nigerian Embassy in Washington DC

AGENCY REPORTER—–The Nigerian Embassy in Washington, DC, has said that the recent disengagement of some workers at the embassy followed due process. Senior officials at the embassy told the News Agency...

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