FG Set To Launch N75billion Survival Fund By Ejiogu C. Paul The Federal Government of Nigeria set to launch an online portal for Nigerians to register and access the 75 billion Naira survival fund for micro, small and medium enterprises (MSMEs). The Minister of state for industry, trade and investment, Mariam Katagum explained that the…
Over 3,000 day-old chicks were left to die under the sun, on Thursday, inside a vehicle impounded illegally by task force officials in Imo, a state in Nigeria. The incident which happened in Owerri has been attributed to a decision by two police officers and three task force officials. The officials had insisted…
US Billionaire, Charles Francis “Chuck” Feeney Donates $8billion Fortune To Charity By Ejiogu C. Paul US billionaire and co-founder of airport retail giant, Duty Free Shoppers gave away all his massive wealth ranging about $8billion to charity but has kept $2million for himself. Charles Francis “Chuck” Feeney, 89, source of wealth is traced to the…
WTO DG Race: Ngozi Okonjo-Iweala Scales Through To Next Stage Nigeria’s former Finance Minister and a former Managing Director at the World Bank, Ngozi Okonjo-Iweala successfully made it to the next stage to be the next Director-General of the World Trade Organization. This came as members disqualified three candidates from the race. Geneva-based WTO explained…
The Nigerian Federal Government has apologised for asking all account holders in the country’s financial institutions to register their details again. It would be recalled that in a directive contained in a series of tweets on Thursday, the Federal Government asked all account holders in banks, including insurance companies, to fill and submit a Self-Confirmation…
Nigeria’s President Muhammadu Buhari has directed the Ministries of Power, Finance, and Bureau of Public Enterprise (BPE) to Seal a Siemens Deal. The news was shared after the president approved the release of funding for the first part of Phase 1 of the PPI, to kick-off the pre-engineering and concession financing workstreams. In an official…
Why Imo State Maybe Nigeria’s Next Investment and Tourism Hub When the Imo state governor, Senator Hope Uzodinma was declared winner of the Imo state governorship election by the supreme court, he not only shocked the world but created a room for Hope in the state. He shocked the world by announcing that he would…
According to report by Reuters, the The United States Government has told Nigeria to be ready to “replace” the $300m General Sani Abacha loot it returned to the country if the fund was misused. The United States Justice Department, noted that, the money must be used for the agreed public projects highlighted in the agreement…
Boniface Ihiasota The World Bank Group has vowed to dedicate the sum of US $325 million to augment its financial support in Sierra Leone. This declaration was made during a meeting held in Washington on Monday 11th March 2019 between His Excellency President Julius Maada Bio and the World Bank Group Interim President Kristalina Georgieva….
NEPAD CEO Endorses EXCEL Magazine International, Plays Host To Magazine Publisher The Chief Executive Officer of the New Partnership for Africa’s Development (NEPAD) Princess Gloria Akobundu, on Friday January 18th, 2019 played host to the Chief Executive officer of Excel Global Media Group, Mr Boniface Ihiasota. The Chief Executive Officer of the Africa’s foremost development…