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Buhari forwards 2018-2020 MTEF, FSP to Senate

 The Senate on Thursday said it had received the 2018-2020 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) from President Muhammadu Buhari. Reading the letter at plenary, President of the Senate, Dr. Bukola Saraki, said MTEF and FSP were...

Invest in solar energy, Fashola urges Nigerians

Minister of Power, Works and Housing, Mr. Babatunde Fashola, on Thursday urged Nigerians to invest in solar energy to reduce pressure on national grid. Fashola gave the advised in Lagos at a book launch titled “Solar Electricity Generation for off-...

Senate to probe Paris Club refunds, others

The Senate on Thursday resoled to probe how the Paris Club Refunds and other bailout funds to state governors by President Muhammadu Buhari were approved. The Senate’s decision followed a point of order raised by Senator Samuel Anyanwu (PDP- Imo)...

Investors maintain cautious mood on NSE

Transactions on Nigerian Stock Exchange (NSE) on Thursday ended on a cautious note with market indices recording growth after dropping for two consecutive days. TBI Africa reports that market capitalisation rose by N2 billion or 0.02 per cent to close...

NLNG tax holiday judgement: NIMASA files appeal

…Prays court to stop NLNG from enforcing judgment. The Nigerian Maritime Administration and Safety Agency (NIMASA), has appealed the judgment of the Federal High Court Lagos in the matter between Nigeria Liquefied Natural Gas (NLNG), Attorney General of the Federation,...

Zenith Bank declares N531b gross earnings in 9 months

Zenith International Bank Plc has declared gross earnings of N531.3 billion for the third quarter ended September 30, 2017. This is according to the bank’s third quarter result released by the Nigerian Stock Exchange (NSE) in Lagos on Thursday. The...

NGO reinvigorates National Technical Working Group for Female Condom

Pathfinder International, non-governmental organization (NGO), in collaboration with stakeholders said it was working toward reinvigorating National Technical Working Group for Female Condom to scale up access to female condom and other modern contraceptives. The organisation’sProgramme Manager, Dr. Sakina Bello, made...

SON tasks importers, manufacturers on conformity assessment programme

The Standard Organisation of Nigeria (SON) on Thursday advised importers and manufacturers to adhere strictly to its Conformity Assessment Programme (SONCAP) to protect the health and safety of Nigerian consumers. The Director-General of SON, Mr. Osita Aboloma, gave the advice...

OPIC generates N3.6b in 8 months – MD

The Managing Director of Ogun Property and Investment Corporation (OPIC), Mr. Babajide Odusolu, on Thursday said the corporation generated over N3.6 billion revenue between January and August. Odusolu announced this during an oversight visit of the State Assembly Committee on...

Reps to probe NERFUND, urges FG to shelve planned shutdown

The House of Representatives on Thursday set up an ad hoc committee to probe alleged mismanagement at National Economic Reconstruction Fund (NERFUND). The House also urged Federal Government to suspend its planned closure pending investigations on the alleged mismanagement. The resolution...