The Big Story articles

Budget Minister Emphasises Population Management In Economic Growth

Budget Minister Emphasises Population Management In Economic Growth

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, has stressed the need for robust population management policies. Senator Udoma made this known while speaking at an interactive session at the ongoing Parliamentary Open Week, which kicked off at the National Assembly in Abuja on Monday. He told the lawmakers that population management

Afreximbank launches Mansa, Africa’s Due Diligence Data Platform

Abuja, Nigeria – The African Export-Import Bank (Afreximbank) launched “Mansa” yesterday in Abuja – a pan-African customer due diligence platform that will facilitate African trade by providing the single trusted source of primary data required to conduct due diligence checks on counterparties in Africa. The Mansa platform is being positioned as the centralised ‘go to’

AMCON Takes over Sigma Apartments, Abuja over ₦1billion Debt

Hon. Justice B.F.M. Nyako of the Federal High Court Abuja Division has granted an order for Asset Management Corporation of Nigeria (AMCON) to take over Sigma Apartments owned by Sigma Engineering & Construction Limited. Sigma Apartment is promoted by Saidu Samaila Balarabe Sambawa, a former Minister of Sports and Social Development of the Federal Republic

Macron Embraces African Entrepreneurship

Lagos, Nigeria– French President Emmanuel Macron offered a bold and new vision of France’s relationship with Africa, speaking to Tony Elumelu Entrepreneurs in Lagos today. He passionately advocated a new partnership, prioritizing the role of entrepreneurship in driving Africa’s renaissance, highlighting the importance of the private sector and urging the creation of a business ecosystem

NNPC underpayment: Adeosun asks Buhari, govs to act

• ‘We had agreement with governors on N147bn remittance’ The Minister of Finance, Mrs Kemi Adeosun, on Thursday said she had briefed President Muhammadu Buhari, Vice President Yemi Osinbajo and state governors on the monthly meeting of the Federation Account Allocation Committee that ended in a deadlock on Wednesday. Adeosun said this while briefing State

World Bank approves $2.1bn loan for seven Nigerian projects

The World Bank has announced the approval of $2.1bn loan for seven projects to be executed in Nigeria. A statement issued in Abuja on Thursday said the loans were approved in Washington DC on Wednesday and were for seven projects to support Nigeria’s investment in nutrition, access to electricity, states’ fiscal transparency, polio eradication, women’s

And China Explodes!

China has witnessed a great and rapid economic expansion since its economic reform and opening that was launched 40 years ago. The country now strides the world like a colossus, by virtue of its economic power. One by one, all the predictions about China are coming to pass, and almost in quick succession, like self-fulfilling

President Buhari Decries Changes in the Budget by NASS

At last, the 2018 Federal Budget is ready for implementation after it has been signed by President Muhammadu Buhari. But while signing the 2018 Appropriation Bill into law in Abuja today, President Buhari decried the delay in passing the budget by the National Assembly. But he said “notwithstanding the delay this year, I am determined

N1.580 Trillion Capital Cost Released To MDAS For 2017 – FG

The Federal Government has announced that a total of N1,580,270,755,084.44(One trillion, five hundred and eighty billion, two hundred and seventy million, seven hundred and fifty-five thousand, eighty-four naira, forty-four kobo) capital cost was released to Ministries, Departments and Agencies for the 2017 federal budget. The Minister of Finance, Mrs. Kemi Adeosun made this known in