The Central Bank of Nigeria is giving collateral free loans of up to N10,000,000 (Ten million Naira) to small businesses in a scheme called; Agric-Business/Small and Medium Enterprises Investment Scheme (AGSMEIS) Introduction The Scheme supports governments policy measures for the promotion of agricultural businesses, micro, small and medium enterprises (MSMEs) as...... more
President Muhammadu Buhari has written to the Nigeria Senate seeking an amendment to the Companies and Allied Matters Act, 1990 to preserve the powers of the Attorney-General’s approval of business registration. President of the Senate, Dr Ahmad Ibrahim Lawan reading the executive communication on Thursday, added that the amendment of the...... more
Governor Nasir El-Rufai of Kaduna State on Thursday knelt before the people of Kogi State, asking them to forgive Governor Yahaya Bello for any wrong he had done. The Deputy Governor of Edo State, Philip Shaibu, also knelt down next to el-Rufai. However, Bello did not join them in kneeling down....... more
Minister of Works and Housing, Mr. Babatunde Fashola, says the trans-Saharan roads linking Abuja with Algiers in Algeria will be completed in three years. Fashola said this during a joint inspection visit to the on-going Abuja-Keffi-Akwanga-Lafia-Markudi and the Abuja-Kaduna roads which are part of the trans-saharan roads. The inspection was part of...... more
The National leadership of Independent Petroleum Marketers Association of Nigeria (IPMAN) has commended the Governor of Enugu State, Ifeanyi Ugwuanyi for rescinding the order banning the operations and activities of the association in the state The National President of IPMAN, Elder Chinedu Okoronkwo and the Secretary Alhaji Danladi, in a press...... more
The Peoples Democratic Party has called for immediate investigation on the cause of fire incident that ravaged parts of the Balogun Market in Lagos State. The party, in a statement issued by its National Publicity Secretary, Kola Ologbondiyan, made the call on Thursday in Abuja. Ologbondiyan also called for investigation on...... more
Commercial activities were paralysed in parts of Balogun market on Lagos Island on Tuesday when a Plaza near the market went up in flames. Investigation indicated that Brasas Plaza on Martins Street had an electrical fault on its fifth floor which led to the fire outbreak. Brasas Plaza, a five-storey building,...... more
The legal team of Sahara Reporters publisher, Omoyele Sowore, has rejected a possible offer by President, Omega Fire Ministries Worldwide, Apostle Johnson Suleman, to stand surety for the detained activist. Suleman had in a tweet on Monday expressed concerns that though Sowore had hurt many people in the past — including Suleman himself...... more
Kogi State Governor, Yahaya Bello, Sunday, flagged off the Adumu-Ogugu erosion control project in Ogugu just as he inspected some road construction projects initiated by his administration as part of programmes lined up for his reelection campaign tour. This is coming less than two weeks before the state governorship election slated...... more
* Says neglect of Ibaji area pathetic PDP Governorship candidate for November 16 election, Engr. Musa Wada, said the pact between his administration and people of Idah federal constituency when elected would be the urgent redress of the wrongs meted out to the area by the outgoing government of Yahaya Bello....... more
The Federal Government has dismissed the call to convert Arik Air into a national carrier rather than establishing a new one from scratch. Briefing State House correspondents after a meeting of the Federal Executive Council (FEC) presided over by Vice President Yemi Osinbajo at the presidential villa, Abuja on Wednesday, Minister...... more
Mr. Muideen Ibrahim, Managing Director, BAMIB Resources and Investment Company Limited, has called on the Federal Government to support the company to increase its production to 450 million of pencil dozen per annual. Ibrahim told the News Agency of Nigeria in Abuja that the company currently produced 2.4 million dozen per...... more
An ambush on the convoy of the Peoples Democratic Party (PDP) governorship candidate, Engr. Musa Wada, on Saturday at Anyigba in Dekina Local Government Area of Kogi State has left one person dead and two others injured. Wada was on his way to Kogi East PDP stakeholders’ meeting when the incident...... more
The Federal Government has assured victims of Wednesday’s fire incident at the Ochanja Market, Onitsha in Anambra State, of its support towards ameliorating their plights. Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajia Sadiya Umar-Farouq, gave the assurance on Friday in Onitsha when she visited the market to ascertain...... more
THE Enugu Urban Butchers Association, Ogbete Main Market Branch, has finally laid to rest the leadership crisis that prevented it from electing new leaders for over three years after the tenure of the former executive led by Osita Nnamani expired. The association was engulfed with crisis following the expiration of tenure...... more
• Nigeria, Malawi issue travel alerts, Zambian radio bans South African songs • My sister-in-law was burnt alive during attacks, says Nigerian • Buhari warns against reprisals Protests against xenophobic attacks on Nigerians in South Africa continued on Wednesday with the Federal Government declaring that Nigeria would boycott the World Economic...... more
SHIP Owners Association of Nigeria, SOAN, have said that most of the excuses by maritime authorities on reasons for the lull in business activities at the Eastern ports were not tenable. They said that more than 90 per cent of the excuses includes shallow port channels, security, the presence of oil...... more
A Permanent Secretary in Enugu state, Mr Augustine Udeh, who was abducted by unknown gunmen on Sunday has been rescued. Udeh, who serves in the state Ministry of Land was kidnapped Sunday evening, between Isuawa and the University of Nigeria Teaching Hospital (UNTH) Ituku-Ozalla, along the Enugu-Port Harcourt Expressway. The state...... more
The Federal Airports Authority of Nigeria has notified airlines, passengers and all other stakeholders that the runway at Akanu Ibiam International Airport, Enugu State will be closed for major repairs. FAAN’s General Manager, Corporate Affairs, Mrs Henrietta Yakubu, made this known in a statement issued in Lagos on Saturday. The News Agency...... more
Two herdsmen, Ibrahim Adamu and another identified as Idris have been arrested in connection with the recent murder of a Catholic Church Priest, Rev. Fr. Paul Offu in Enugu state. The two Fulani herdsmen, who confessed to the crime were among 30 suspected criminals paraded by the Commissioner of Police in...... more
The Abuja division of the Federal High Court has ordered the Department of State Security Service (DSS) to detain the convener of #RevolutionNow protests, Omoyele Sowore for 45 days with effect from today, August 8. Vacation Judge, Justice Taiwo Taiwo gave the order in a ruling on an application by the...... more
The volume of Premium Motor Spirit, also known as petrol, imported into the country rose by 15.2 per cent in the second half of the year to 5.61 billion litres amid concerns over smuggling of the product to some other African countries. Nigeria, Africa’s top oil producer, relies heavily on importation...... more
Presidency on Monday stated that democracy is the winner in Nigeria. The declaration came on Monday evening as security agents crippled the #RevolutionNow protests spearheaded by the presidential candidate of the African Action Congress in the February 2019 General Election, Mr. Omoyele Sowore. Sowore, who also publishes the online Sahara Reporters, had...... more
…To employ 1,700 forest guards, overhaul, review Neighborhood Watch structure and law The administration of Governor Ifeanyi Ugwuanyi of Enugu State on Monday rose from a crucial meeting with Vigilante/Nieghbourhood Watch groups in the 17 local government areas of the state and took decisive decisions towards strengthening the security of the...... more
Tragedy struck in Enugu again Thursday evening as a Catholic Priest, Rev. Fr. Paul Offu was shot dead by bandits suspected to be Fulani herdsmen. The incident occurred along Ihe -Agbudu road in Awgu local government area of Enugu state in the evening of Thursday August 1, 2019, according to a...... more
President Muhammadu Buhari has fired a salvo at critics of insecurity in the country. He described those he accused of politicising the “isolated incidents of insecurity” in the country as unpatriotic. Although President Buhari Buhari, who spoke in Abuja, Tuesday, did not mention any name, it is believed that he was reacting...... more
Cyber thieves, a band of premeditated and dangerous criminals are unleashing reign of terror of unimaginable proportions on the country, underscoring the need for decisive measures to stem the tide. These unarmed but lethal criminals now pose threats beyond the fraudulent and expensive repercussions of hacking and even the monster called...... more
Volkswagen rolled the last Beetle off the assembly line on Wednesday, the end of the road for a car that ran from Nazi Germany through hippie counterculture but failed to navigate a swerve in consumer tastes toward SUVs. Serenaded by a mariachi band and surrounded by proud factory workers, the final...... more
OKEY Nwosu, the Chief Executive Officer, Enugu Electricity Distribution Company (EEDC), has expressed concern over the incessant attacks on the company’s operational staff members in Aba. Nwosu made his feelings known during the company’s customers’ forum organised for residents of the commercial city on Friday. He said that it was wrong...... more
Vice President Yemi Osinbajo on Wednesday night assured that he and President Muhammadu Buhari, will defend the trust Nigerians reposed on them. He gave the assurance during the Presidential Inauguration State Banquet in his honour and Vice President Yemi Osinbajo at the old Banquet Hall of the Presidential Villa, Abuja. The...... more