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…
Nigeria secures bid to host $5 billion Africa Energy Bank in Abuja
Nigeria has successfully secured the bid to host the headquarters of the newly established $5 billion African Energy Bank (AEB) in its capital city, Abuja. This is contained in a statement by the State Minister for Petroleum Resources (oil), Heineken…
Nigerian economy will take better shape in few months – Dangote
The Chairman of Dangote Group, Aliko Dangote has said that with the right policies implementation, Nigeria’s economy will be revamped in a few months. Dangote expressed this optimism at the inauguration of the Presidential Economic Coordination Council, PECC, by President…
ECOWAS set to unveil single currency ECO
Finance Ministers and Central Bank Governors from the 15 Economic Community of West African States have advanced plans to launch the single currency initiative, known as the ECO. This initiative envisioned to propel economic growth and development throughout the West…