Fitch affirms BoI’s sovereign rating, stable outlook
Fitch Ratings has re-affirmed the national ratings of the Bank of Industry (BoI) describing its outlook as stable, even as it downgraded the support ratings of other banks. Fitch had last year...
View Article‘FG is Committed to Infrastructure Financing’
*As Adeosun Receives Chinese Ambassador The Minister of Finance, Mrs. Kemi Adeosun on Tuesday emphasised the importance critical infrastructure projects, especially in the areas of Rail and Power to...
View ArticleAgain, MPC retains MPR at 14%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria on Tuesday voted to retain its Monetary Policy Rate at 14 percent. The Central Bank Governor, Godwin Emefiele, other important...
View ArticleGhana: One million fishermen to be insured next – Minister
Madam Hanny Sherry Ayittey, the Minister of Fisheries and Aquaculture Development, has said one million fishermen would be insured under the second phase of the Fishermen’s Life Insurance Scheme. She...
View ArticleAfrican Travel Spend expected to rise 24 Percent with Introduction of African...
New research released by global travel technology provider, Sabre Corporation (www.Sabre.com), has revealed that African air travel spend is expected to rise 24% with the introduction of the...
View ArticleLAGOS CANCELS MONTHLY ENVIRONMENTAL SANITATION DAY
…Urges Residents To Comply With Environmental Laws The Lagos State Government on Wednesday terminated the monthly environmental sanitation exercise which hitherto held for three hours on the last...
View ArticleKari Not Arrested by the DSS -NAICOM
National Insurance Commission (NAICOM) on Wednesday debunked rumour making the round in the media (not BusinessToday Online) that the Commissioner for insurance, Mohammed Kari was arested today by...
View ArticleOndo Election: Appeal Court Declares Eyitayo Jegede PDP Candidate
A final verdict has been given by the appeal court, declaring Mr Eyitayo Jegede, as the People’s Democratic Party’s (PDP), political candidate for the Ondo governorship election holding on November 26,...
View ArticleAmbode redeploy Ashade as commissioner for finance
Lagos State Governor, Mr. Akinwunmi Ambode has redeployed the Commissioner for Economic Planning and Budget, Mr. Akinyemi Ashade to take over as the Commissioner for Finance. In a statement signed by...
View ArticleFG considers pension review for Armed Forces
The Minister of Defence, Mansur Dan-Ali, has said the Federal Government is considering pension review for military pensioners in the country. He said that the review became necessary in view of the...
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The fire which the Lagos state fire service suspects started as a result of a spark from an electric panel, started at about 5:20 am on Wednesday morning and was on till about 7:00 am. While rescue...
View ArticleNAICOM calls on Minister of Labour to intervene to stop strike action by Union
In a bid to end the ongoing industrial action by the staff of the National Insurance Commission (NAICOM), under the auspices of the amalgamated Union of public corporations, Civil Service Technical...
View ArticleFG Cannot Pay N284b Allowances Demanded By ASUU- Ngige
*As FEC approve N464m for Purchase of 67 vehicles for FRSC Federal government on Wednesday said it cannot pay the earned allowances demanded by the Academic Staff Union of Universities...
View ArticleMinister Inaugurates Committee To Review Tourism Master Plan
L-R: The Director, International Tourism, Mrs. Ronke Wole Fasanya, Permanent Secretary, Federal Ministry of Information and Culture, Mrs. Ayo Adesugba, and the Minister of Information and Culture,...
View ArticleLAGOS EMERGES BEST SECURITY, SAFETY CONSCIOUS STATE IN AFRICA
*As RRS Wins Best Anti-Crime Police Squad In West Africa The Lagos State Government has bagged an award as the best security and most safety conscious State in Africa. At the award ceremony held...
View ArticleNigeria’s Economy Extends Recessionary Trend With Weaker Q3-2016 GDP Growth
Earlier this week, the National Bureau of Statistics (NBS) released Nigeria’s Gross Domestic Product (GDP) report for the third quarter ended September. According to the report, real output growth...
View ArticleSEC takes step at improving financial literacy
Left to Right: Executive Commissioner Corporate Services Securities and Exchange Commission (SEC) Hon. Zakawanu Garuba, Managing Director Financial Derivatives Limited, Bismarck Rewane, DG SEC Mounir...
View ArticleIfeoluwa Abiodun emerges winner of 2016 NSE Essay Competition
· L – R (A) shows Ope Wemi-Jones, Head, Inclusive Banking, Access Bank Plc; Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange (NSE); Miss Ifeoluwa Toluwanimi Abiodun,...
View ArticleINCREMENTAL POWER: TRANSMISSION, GENERATION CAPACITIES RECEIVE BOOST AS FG...
The Federal Government’s objective of achieving incremental power has received further boost as the Minister of Power, Works and Housing, Mr. Babatunde Fashola SAN, commissioned the...
View ArticleOndo Election: Again Jimoh Ibrahim loses appeal at Supreme Court
It was another victory for the factional Governorship candidate of the Peoples Democratic Party (PDP) against Eyitayo Jegede, as the highest court in the land, the Supreme Court in Abuja struck out the...
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