Another Coup in Africa as Gabonese military officers announce they have seized power

  A group of senior Gabonese military officers appeared on national television in the early hours of Wednesday and said they had taken power, after the state election body announced President Ali Bongo had won a third term. Appearing on television channel Gabon 24, the officers said they represented all security and defence forces in … [Read more…]

Tinubu Appoints New NDDC Board

Nigeria’s President Bola Tinubu has approved the appointment of a new Board and Management team for the Niger Delta Development Commission (NDDC). Presidential spokesman, Ajuri Ngelale, made this known in a statement on Tuesday. “The President expects that the new Board and Management team will ensure a new era of successful administration in the NDDC, … [Read more…]

Chicago State University locks X account following pressure over President Tinubu’s certificate

Chicago State University has locked its X, formerly known as Twitter, microblogging handle from the general public as Nigerians intensify pressure on President Bola Tinubu’s controversial certificate from the institution. With a padlock icon appearing on the account, only “confirmed followers” of the institution could see its tweets now, contrary to how it was before. … [Read more…]

Enugu’s Economy: Mbah Woos Investors With Opportunities At Lagos Chamber of Commerce Expo

Governor Peter Mbah of Enugu State has assured the local and international investment community of abundant investment opportunities in the state, stressing that the state was making fast progress in de-risking investment and making its ease of doing business more attractive. Highlighting the state’s abundant investment opportunities in agriculture and agro-industry, logistics and aviation, tourism, … [Read more…]

FG Announces N825.8bn Compensation For Abuja Jiwa Community Over 4.2km Runway

The Federal Government has announced N825.819 billion naira as compensation for indigenes of the Federal Capital Territory (FCT), Abuja to pave the way for the construction of the 4.2km second runway at the Nnamdi Azikiwe International Airport. FCT Minister, Nyesom Wike, made the announcement on Tuesday after a negotiation meeting with the Minister of Aviation, … [Read more…]

Kano Gov slashes tuition by 50% for indigenes in state-owned tertiary institutions

Kano State Government has slashed tuition fees for the state-owned tertiary institutions by 50 per cent. The Commissioner for Higher Education, Dr Yusuf Ibrahim Kofar Mata who made this known in a statement said the resolve is to alleviate the compounding financial hardships for the good people of the state thereby slashing the registration fees … [Read more…]

FG Not In A Position To Borrow Presently, To Target Increased Production- Finance Minister

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that the Federal Government is not in the position to borrow money at this time, adding the emphasis was on how to create a macroeconomic environment where both local and foreign investors will invest and increase production. In a meeting with President … [Read more…]

Shettima charges presidential committee on tax reforms to develop robust road map to bring Nigeria out of economic woes

The Vice President, Kashim Shettima, has charged members of the Presidential Committee on Fiscal Policy Tax Reforms to develop a robust roadmap that will transform the economy of the country. The vice president gave the charge today when he received in audience members of the Committee led by the Chairman, Taiwo Oyedele, at the Presidential … [Read more…]

Maiden FEC Meeting: Tinubu Tasks Ministers On Reviving Nigeria’s Ailing Economy

President Bola Tinubu on Monday gave a marching order to the 45 Ministers that constitute the Federal Executive Council (FEC) to do their possible best towards turning around for the better the nation’s ailing economy. Addressing the opening session of the maiden Federal Executive Council meeting held at the Council Chambers of the State House, … [Read more…]

This Seaport in The Southeast, The Feasibility – Full Text of Speech Delivered By Capt. Evarest Nnaji At The Aviation Career Meet

As we take seriously, the need for a realistically more robust economic activities cum development of Southeast Nigeria where potentials of Ndigbo could be harnessed and deployed towards the end of attaining the full economic potential possibilities and economy of scale befitting of a people whose ingenuity and can-do spirit permeate all spheres of business … [Read more…]

Gov. Mbah to Unveil $2.1bn Project Pipeline as Enugu Holds Inaugural Investment Roundtable

…To also unveil Integrated Sector-Based Productivity Growth Strategy Governor of Enugu State, Dr. Peter Mbah, will on Friday, Friday, September 1, unveil a ₦1.6 trillion ($2.1 billion) pipeline of 30 projects at the first Enugu State Investment and Economic Growth Stakeholder Roundtable. The governor is also scheduled to launch the Enugu State Integrated Sector-Based Productivity … [Read more…]