economy

First Lady hails Okonjo-Iweala over $50m WTO women empowerment

The First Lady, Sen Oluremi Tinubu has commended the Dr Ngozi Okonjo-Iweala led World Trade Organisation (WTO), over the 50 million dollars fund for women empowerment in the country. Mrs…

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CCN commends Tinubu’s economic reforms, seek policy review

President, Christian Council of Nigeria (CCN), Most Rev. David Onuoha, has commended the Federal Government’s courage in introducing reforms to tackle Nigeria’s decades-long economic and social challenges. He gave the commendation…

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FAAN, partners streamline MMIA cargo charges

The Federal Airports Authority of Nigeria (FAAN) has partnered with key stakeholders to streamline port charges at the Pilgrims and Cargo Terminal of Murtala Muhammed International Airport. FAAN’s Director of…

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Tinubu appoints 39-yr-old Ramat as new NERC chairman, 2 commissioners 

………‎Mr Abubakar Yusuf, Dr Fouad Animashun CommissionersPresident Bola Tinubu has nominated Mr Abdullahi Garba Ramat as Chairman/Chief Executive Officer of the Nigerian Electricity Regulatory Commission (NERC). A statement issued by…

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GMD NNPCL Ojulari performs his duties amidst resignation controversy

Group Chief Executive Officer (CEO), Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr Bayo Ojulari, reportedly resumed work on Monday, amidst the controversy surrounding his resignation. Ojulari also featured virtually…

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NRC: Report of vandalism of Lagos-Ibadan standard gauge line not true

The Nigerian Railway Corporation (NRC) has refuted an online report that the Lagos-Ibadan Standard Gauge Line has been vandalised and not safe for usage. The Managing Director of the corporation,…

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Naira looses 19 kobo against dollar at official market

The Naira on Friday closed the week slightly weaker, as it lost 19 kobo against the U.S. dollar at the official market trading at N1,533.74. Data released on the official…

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‎FEC approves N987bn to upgrade aviation facilities

The Federal Executive Council (FEC) has approved contracts worth N987 billion for extensive infrastructure upgrades at airports across Nigeria. Mr Festus Keyamo, Minister of Aviation and Aerospace Development, disclosed this…

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FG inaugurates CNG buses to boost staff welfare

The Federal Government has reiterated its commitment to institutional performance and staff welfare with the inauguration of Compressed Natural Gas (CNG) buses at the Federal Ministry of Finance in Abuja…

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FG to launch new home ownership initiative

The Federal Government is to launch a state-by-state home ownership and housing development campaign as part of the Renewed Hope Housing initiative. The Minister of Housing and Urban Development, Ahmed…

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