Local News

Africa Finance Corporation appoints Banji Fehintola as Executive Director

Africa Finance Corporation (AFC), has appointed Banji Fehintola as its new Executive Director of Financial Services, effective August 1.   According to a statement from the Corporation, Banji brings extensive financial expertise and leadership experience to drive AFC’s strategic initiatives to…

Nigeria risks losing $20bn in cocoa exports-FRC

The Executive Secretary and Chief Financial Officer of the Financial Reporting Council of Nigeria, Rabiu Olowo, has said Nigeria is at risk of losing over $20bn in cocoa exports within the next three years. He said the loss is likely…

Sanwo-Olu frees 56 Lagos inmates

Lagos State Governor, Babajide Sanwo-Olu, has approved the release of 56 inmates from various correctional facilities across the state. In addition, the governor commuted the sentence of one inmate on death row to life imprisonment and granted pardon to another…

Lagos plans to increase its GDP from real estate to 20%

GOVERNOR Babajide Sanwo-Olu of Lagos State has hinted that his administration is aiming at increasing the Gross Domestic Product, GDP contribution from the real estate sector 5-6 per cent to 15-20 per cent. This is as the President of the…

‘Protectionism eroding global business’ – world trade chief

That is the admission of the director general of the World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala. “We are seeing increasing protectionism, some undermining of the WTO rules, and some of this is leading to fragmentation,” she tells the BBC….

N80.2bn fraud: Yahaya Bello loses bid to transfer case to Kogi

The immediate past Governor of Kogi State, Yahaya Bello, lost his bid to transfer his N80.2 billion fraud case from Abuja to his state. This followed the ruling of Justice John Tsoho, the Chief Judge of the Federal High Court,…

I grow vegetables, Nigerian women should get involved in farming — First Lady, Oluremi Tinubu

First Lady Oluremi Tinubu has advised Nigerian women to get involved in farming to boost food production in the country. “Earlier today, I was at my garden to tend to it and water my plants myself. I have planted seven…

I’ll change Nigerian cinema – Ruth Kadiri vows

Nollywood actress and producer Ruth Kadiri has vowed to reform Nigerian cinema. Kadiri stated this in a post on her Instagram page while assuring her fans and the general public of her commitment to creating a lasting brand that will…

Governing Council approves acting vice-chancellor in Nigerian university

The newly inaugurated Governing Council of the University of Abuja has approved the appointment of the institution’s acting Vice-Chancellor, Aisha Maikudi. The announcement was contained in a statement shared with PREMIUM TIMES on Friday by the university’s spokesperson, Habib Yakoob….

Edun urges Canadian industrialists to invest in Nigeria

The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, yesterday,  urged Canadian industrialists to invest in the Nigerian economy. Addressing a delegation of top private sector executives in Abuja, he said the investment climate was very…