FG to concession Lagos trade fair complex

Bureau of Public Enterprises, BPE, said the Federal Government has no plan for an outright sale of the Lagos International Trade Fair Complex as being speculated in some quarters.

The Bureau in a statement by its Head, Public Communications, Amina Othman, denied the purported sale of the complex.

However, she said the Federal Gover [...]

Financing: Afreximbank makes case for factoring in SMEs

To address the challenge of poor access to financing constantly faced by small and medium businesses in Africa, the African Export-Import Bank, Afreximbank, suggest that factoring could be a viable and sustainable solution.

Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable [...]

Ortom dedicates victory to God, Benue people

Governor-elect of Benue State, Samuel Ortom of the Peoples Democratic Party, PDP, has dedicated his victory at the polls to the Almighty God and to the people of Benue state.

In his victory speech, after he returned fron chruch where he thanked God for His mercies, Ortom described his victory as a profound honour to hi [...]

Kano Supplementary Poll: God Has Given Ganduje Power, Accept It – Coalition

A coalition of civil society organization, Coalition for Electoral Advancement (CEA) has said that the victory of Governor Abdullahi Ganduje in the March 23 supplementary poll by the Independent National Electoral Commission (INEC) followed the Electoral Act and guidelines of the commission.

The CEA, which is made up of the Peoples Allian [...]

Aisha wants 41% women in Buhari’s next cabinet

Wife of President Muhammadu Buhari, Aisha Buhari, has expressed the hope that her husband’s next cabinet will comprise of 41.6% of women.

She disclosed the wish at the unveiling of winners of the Tony Elumelu Entrepreneurship Programme, TEEP 2019 in Abuja.

“The strategy vision behind the engagement of the office of the [...]

Supplementary polls: Observer groups slam ‘Poor INEC’ · Tambuwal, Ganduje in lucky escape · Useni heads to tribunal · Bauchi knows fate Monday

The March 23 supplementary polls by the Independent National Electoral Commission, INEC, in five states of Benue, Bauchi, Plateau, Kano and Sokoto, have been described by observer groups as poor and characterized by impunity.

The slamming is coming on the heels of the electoral victories of Samuel Ortom of Benue, Abdullahi Ganduje of Kano [...]

Post-election: Emefiele says tight MPC stance to remain

The Governor, Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, has set the post-election agenda for the nation’s monetary policy, projecting that the current monetary policy stance of the apex bank is expected to continue while inflation is estimated to rise to 12 per cent and moderate thereafter.

Emefiele made the projections at [...]

CODE, FlexiSAF to tackle out-of-school children in Nigeria

Alarmed by the increasing number of out-of-school children in Nigeria, two civil society organisations; Connected Development, CODE, and FlexiSAF Foundation, have come together to address the issue.

In a joint press statement made available to journalists in Abuja, the groups said the challenges faced by children who are out [...]