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N250m cars: Reps to probe Aviation Minister

N250m cars: Reps to probe Aviation Minister

The House of Representatives is to investigate the purchase of two official vehicles at the cost of N250 million for the Minister of Aviation, Ms Stella Oduah, when it resumes tomorrow.

NASCOM boss advices Eaglets

NASCOM boss advices Eaglets

The Chairman of Nigeria Academicals Sports Committee (NASCOM), Yemi Idowu believes the only team that can stop the Golden Eaglets from winning the 2013 UAE FIFA Under-17 World Cup are the players themselves!

Pension fund assets to hit N10trn by December

Pension fund assets to hit N10trn by December

The Nigerian pension fund assets is being anticipated to grow to N10 trillion by December 2014 following expected increase in the return on investment by Pension Fund Administrators (PFAs).

CBN takes desperate measure on foreign exchange (2)

CBN takes desperate measure on foreign exchange (2)

“We are not looking for a stronger currency neither are we looking for a weaker one. People want to pay fees and investors want to know if they will have returns on investments.
We will use the reserves, we will use interest rates, we have gone through difficult months; hopefully, the next few months will not be difficult. We will not allow the naira to be weakened and we are committed to that”. Governor of CBN, Sanusi Lamido, in September.