In what may appear to be another boost for the country’s image abroad, the World Bank has placed Nigeria in 131 position globally on its 2019 Ease of Doing Business ranking, moving 15 places from the 146 position it was in 2018. This was disclosed in the 2019 World Bank’s Ease of DoingContinue Reading
One person was killed and three others are missing after a Hard Rock Hotel under construction in New Orleans collapsed Saturday morning. The city’s fire department received a call about the collapse just after 9 a.m. Police and emergency medical services also responded. One person was pronounced dead at theContinue Reading
The Emir of Kano, Muhammadu Sanusi II, shed tears on Thursday as he decries the alarming rate of inequalities in the country. According to him, the inequalities in society have caused so much hardship with the poor paying the ultimate sacrifice. The traditional ruler made the submission as he gaveContinue Reading
The Federal Government has signed a contract agreement for the construction of railway to link Abuja, the Federal Capital Territory with Itakpe and Warri. The rail line which is about $3.9bn will pass through Barrow and have a branch line to Lokoja, the Kogi State capital. Also included in theContinue Reading
The Minister of Works and Housing, Babatunde Fashola, has taken a swipe at those who condemn the rate of borrowing by the Federal Government, describing them as “backyard economists.” In his keynote address at the Lagos Business School on how government policy affects business and society in national development, FasholaContinue Reading
The Nigerian Government has debunked the report of a bomb explosion at the South African High Commission in Abuja on Saturday. It said the fake news was orchestrated by “desperate opposition” to cause panic and chaos among the populace. In a statement issued in Abuja on Saturday, the Minister ofContinue Reading
British Members of Parliament have defeated the Government by 328 to 301 votes, a majority of 27 to control of Commons business. The vote allows debate on a bill to block no-deal Brexit. Prime Minister Johnson has confirmed he will table a motion to trigger a general election. Details later…….Continue Reading
A Chinese building materials company Sinoria FABCOM, has announced plans to float a fiber cement board manufacturing factory in Abuja. Deputy General Manager of Sinoria FABCOM, Mr. Jackie Dai Hui made this known to journalists in Abuja. He also noted that a few years from now many companies in ChinaContinue Reading
President Muhammadu Buhari on Friday assured international investors that bureaucratic bottlenecks militating against business in Nigeria are now being removed by his administration. Buhari, speaking at a meeting with top officials of the Japanese Bank for International Cooperation, and Toyota Group, on the sidelines of the Seventh Tokyo International Conference onContinue Reading
Explosion on Friday rocked the Abura Crude Trunkline purportedly operated by the Nigeria National Petroleum Corporation, NNPC in Otu-Jeremi Community, Headquarters of Ughelli South Local Government Area of Delta State. The cause of the explosion, which happened around 4pm is still sketchy at the time of this report. Daily PostContinue Reading
