Wednesday, May 22, 2019

African youth need economic opportunities, hope – Elumelu

Tony Elumelu, chairman of Heirs Holdings and Tony Elumelu Foundation, has said young people in Africa are leaving because they lack economic hope and opportunities.

Former minister Ngozi Okonjo-Iweala bags honorary degree in Israel

The former finance minister shared the news on social media.

States to get N649bn final tranche of Paris Club refund soon – FG

The Federal Government will soon release the sum of N649.43bn as the final refund for the Paris Club debt to state governments.

Loom Money Nigeria is a scam, SEC warns

The Securities and Exchange Commission has warned Nigerians against “fraudsters” currently running an online investment scheme tagged “Loom Money Nigeria.’’

Bauchi lawmakers pass bill banning sports betting

The Bauchi State House of Assembly has passed a bill banning all forms of gambling, ownership and operations of gaming machines.

Fuel subsidy draining Nigeria’s revenue – Rewane

The Managing Director and Chief Executive Officer, Financial Derivatives Company Limited, Mr Bismarck Rewane, has said fuel subsidies are a huge drain on government’s revenue.

Buhari studying 2019 budget – Presidency

The Presidency says President Muhammadu Buhari is still consulting on the N8.92tn 2019 budget and studying the provisions therein.

Foreign loan: We did not sell Nigeria’s properties to China – Amaechi

The Minister of Transportation, Rotimi Amaechi, said on Monday that the Nigerian government did not mortgage any property to secure infrastructural loans from China.

Godwin Emefiele: Buhari extends CBN governor’s tenure

President Muhammadu Buhari has extended the tenure of the Central Bank of Nigeria (CBN) governor, Godwin Emefiele.

Trump accuses China of breaking trade deal

US President Donald Trump said China "broke the deal" in trade talks, ramping up hostilities ahead of negotiations between the two sides.
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