The Big Story articles

CBN cautions FG against rising debt level

CBN cautions FG against rising debt level

The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday cautioned the Federal Government against the rising debt level in the country. The committee warned that except the Federal Government came up with measures to address the country’s debt level, Nigeria’s debt burden might rise up to the pre-2005 Paris Club level. In




FG harmonising frameworks for humanitarian assistance – Udoma

The Federal Government is harmonizing the various frameworks/plans for humanitarian and development assistance to the Northeast region of the country into a costed Multi-Year Humanitarian Development Nexus Plan (2019-2021), whose implementation is expected to commence this year. Minister of Budget and National Planning, Senator Udoma Udo Udoma, disclosed this in Abuja Tuesday at a breakfast




FG to Boost Revenue Via Strategic Revenue Growth Programme

The Federal Government is set to launch Strategic Revenue Growth Programme (SRGP) with a view to boosting its revenue so that it can better fund its annual budgets. Minister of Finance, Mrs. Zainab Ahmed, who revealed this during an interactive session in Lagos with media executives last weekend, said the objective of the programme is




Prof Yemi Osibanjo, Nigeria's Vice President, Africa

Buhari’s Administration is lifting Nigerians out of poverty – Osinbajo

The implementation of the Buhari administration’s micro-credit schemes namely; the TraderMoni and MarketMoni, and other initiatives are some of the ways by which the Federal Government is incrementally lifting Nigerians out of poverty, according to Vice President Yemi Osinbajo, SAN.  The Vice President who stated this on Thursday when he continued interactions with Nigerians across




FG Flags Off Nigeria-Brazil Agricultural Development Programme

Vice President Yemi Osinbajo this afternoon in Abuja, flagged of an agricultural development programme with the government of Brazil, describing the programme as the ” centerpiece of economic diversification of the present administration. The programme tagged  the “Green Imperative” is the brainchild of Chief Auditor Ogbe and the outcome of series of negotiations for technology




You cannot industrialize without having 70 per cent adult literacy – Robertson

By Alex Ekemenah Lagos, Nigeria – “You cannot industrialize successfully without having at least 70 per cent adult literacy”. This was disclosed by Mr. Charles Robertson, Global Chief Economist, Renaissance Capital based in London. He made this disclosure at the 2019 Nigeria Economic Outlook Conference with the theme: “Reforms, Investments, Jobs” hosted by Time Economics




Nigeria’s democracy under threat – Jerry Gana

The presidential candidate of the Social Democratic Party, Prof Jerry Gana, on Monday raised the alarm that the nation’s democracy was under threat. Gana, a former Minister of Information, spoke at a press conference in Abuja. He said, “Nigeria is facing serious challenges that are threatening her emerging democracy and good governance within the rule




NSE CEO Reviews 2018 Market Performance, Gives Outlook for 2019

The Nigerian Stock Exchange held its 2018 Market Recap and Outlook for 2019 on Monday, January 14, 2018, at the Stock Exchange House, Marina, Lagos. This annual event is a forum for the Chief Executive Officer of NSE, Mr. Oscar N. Onyema to brief the stockbroking community, analysts, media and other stakeholders, on the performance




CCNN Set to Deliver Improved Performance

The Chairman of Cement Company of Northern Nigeria Plc (CCNN), Alhaji Abdul Samad Rabiu, has assured that the recent merger of CCNN and Kalambaina Cement Company will lead to improved performance of the company in the years ahead. Alhaji Rabiu, who is the Founder and Chief Executive Officer of BUA Group, stated this while beating




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