From Our Correspondent The Federal Government says it will plough back benefits accruable from subsidy removal to boost revenue and improve business environment for local and foreign investment. Chief Wale Edun, the Minister of Finance, announced this after the inaugural Federal Executive Council meeting on Monday in Abuja. Edun, also Coordinating Minister for Economy, said […]
The United Nations says there is a need for accelerated efforts towards achieving the Sustainable Development Goals (SDGs) in Nigeria. Mr Matthias Schmale, UN Resident and Humanitarian Coordinator in Nigeria made these remarks at the National Conference on Agenda 2030 and the SDGs. The Lagos State University Centre for the Actualisation of the UN Sustainable […]
From Our Correspondent An Islamic group, the International Organisation of Tijaniyyah Brotherhood, has called on ECOWAS to opt for a diplomatic solution to resolving the leadership crisis in Niger Republic. The group gave the advice in an open letter to President Bola Ahmed Tinubu. TheNewsZenith reports that Tinubu is also the Chairman of the ECOWAS […]
Pakistani Rupee dropped to an all-time low against the U.S. dollar, crossing the barrier of 300 Rupees to the greenback, on Thursday, the State Bank of Pakistan said. The closing exchange rate of the Pakistani currency in the interbank market stood at 300.22. This is a decrease of 0.58 rupee or 0.19 per cent from […]
The Federal Mortgage Bank of Nigeria (FMBN) says the Integrated Personal Payroll Information System (IPPIS) failed to remit N26.6 billion of workers’ contributory funds in two years. Managing Director of FMBN, Madu Hamman, announced this while appearing before the House of Representatives Ad hoc committee probing non-remittance to the National Housing Fund (NHF) and utilisation […]
By Our Correspondent Media professionals have called on the political class in Nigeria to shun violence, embrace peace, and exhibit the spirit of sportsmanship whenever they lose at the polls. They made the call at a Public Lecture organised by the Lagos State Council of Nigeria Union of Journalists (NUJ). TheNewsZenith reports that the theme […]
An Ikeja Magistrates’ Court, on Wednesday, sentenced 63-year-old Abiodun Ogundimu to 18 months imprisonment for obtaining N1.5 million through false pretence in a visa deal. The Magistrate, Mr A.J Odueke, sentenced Ogundimu to the Kirikiri Correctional Facility for defrauding Mr Akeem Olaleye, on the pretext of securing a Canadian visa for him. Odueke did not […]
By Abdulfatah Babatunde Nasarawa State Government and the National Agency for Science and Engineering Infrastructure (NASENI) are partnering to formulate policy on mining and local processing of lithium minerals in the State. The policy is in line with NASENI’s drive to encourage the processing of strategic solid minerals. This is to enhance the local […]
From Our Correspondent The Nigeria Sovereign Investment Authority (NSIA) says it has invested $1 billion and $500 million in third-party investment and domestic infrastructure respectively. Managing Director of NSIA, Aminu Sadiq, announced this when he appeared before an investigative hearing of the House of Representatives ad-hoc committee, on Tuesday, in Abuja. The ad-hoc committee is […]
Students of Imo origin in tertiary institutions in the country, on Tuesday, organised a “solidarity march” in Owerri to reaffirm their support for Gov. Hope Uzodimma’s second-term bid. They held the march under the auspices of the National Association of Imo State Students (NAISS). Numbering about 600, the students, converged at the Government House, carrying […]