The Federal Executive Council (FEC) on Wednesday approved $2.59 billion for the development of the Badagry Seaport under a private-public-partnership (PPP) arrangement. Mu’azu Sambo, the minister of transportation, disclosed this while briefing State H…
FG confirms gift of N1.4b vehicles to Niger Republic
The federal government on Wednesday confirmed President Muhammadu Buhari’s approval of a N1.4 billion vehicle gift to the Niger Republic. Zainab Ahmed, minister of finance, budget and national planning, confirmed the purchase, while fielding questions …
EdoBEST@Home: A model that works within, outside schools
Governor Godwin Obaseki’s EdoBEST has continued to evolve to meet the challenges of delivering world-class education to urban and rural children, writes Teliat Sule With the world going digital, taking advantage of technology to advance the course of e…
GCR affirms NOVA Merchant Bank national scale long, short-term Issuer Ratings
Global Credit Rating has affirmed NOVA Merchant Bank Limited’s national scale long and short-term ratings of BBB(NG) and A3(NG) respectively, with a Stable Outlook. The ratings agency explained that NOVA was rated on the basis of its strong capital bas…
America stands with Taiwan – Nancy Pelosi
US lawmaker Nancy Pelosi has ended her Taiwan visit. She had arrived on Tuesday evening in Taipei alongside some congressional delegations, before leaving the island on Wednesday afternoon for South Korea. The visit comes days after it was reported tha…
Obasanjo cries out over increasing cost of diesel
Former President Olusegun Obasanjo has said that the increasing price of diesel is making him sweat particularly on his fish farm. Obasanjo made this statement at the Southwest Fish Farmer’s Congress held at the Olusegun Obasanjo Presidential Library (…
Shamsuddeen Usman named chairman of Citibank Nigeria
Shamsuddeen Usman, Nigeria’s former finance minister has been appointed chairman of the board Citibank Nigeria limited effective July 20, 2022. He is the third chairman of the bank in Nigeria since inception. Usman has served on the board of Citibank N…
FG begins process to declare all ICDs as ports of destination, origin
The Federal Government said on Tuesday that it has commenced the process of designating all the Inland Container Depots (ICDs) known as Inland Dry Ports located in the hinterland as ports of origin and destination to enable them effectively deliver on …
Lekki port project reaches 95.65% completion in July
The management of the Lekki Deep Seaport said on Monday that construction works at the port project site have reached 95.65 percent completion. According to the Lekki Port Construction Completion Status as of July 27, 2022, which was released via the o…
Latest on ASUU strike: From boardroom to the street
When two elephants fight, the grass suffers, they say! This is exactly the situation in the six months and still counting the impasse between the Academic Staff Union of Universities (ASUU) and the Federal Government. ASUU had on February 14 this year …