Ondo State Governor, Dr. Olusegun Mimiko on Monday said there are no plans to sack workers in the state in spite of the present economic challenges facing Nigeria.

The Economic Community of West African States (ECOWAS) has been divided over the $8.94 billion European Union’s Economic Partnership Agreement (EPA). EPA is a Free Trade Agreement (FTA) designed to create free trade area between the EU and African Caribbean and Pacific (ACP) countries in which duties on goods imported and exported between the parties are reduced and eventually removed.

When oil companies fail to pay, bankers are in a fix. But, not just bankers; we are all in a fix. Shareholders of Nigerian banks, already waving off a bad 2015, will again have to endure two economic woes – low or no dividends and plummeting share prices. Currently, only two banks shares are above N15 per share: ECOBANK and GTB. None of the others is above N6 per share.

Third what are we as Africans doing to solve the problem? I announced that AfDB will increase our support for climate financing to $5 billion a year by 2020. That will make us one of the largest financiers of climate change among the development banks in the world. So climate finance in the AfDB by 2020 will represent 40 percent of all of our portfolio as I want greener Africa and the Bank is ready to support that.

Ironically, despite his well attested frugal administrative style, President Buhari has unexpectedly, pumped up recurrent budget from N3.97Tn in 2015 to N4.28Tn in 2016. The downside of this expansion is that the additional borrowing will certainly increase government activity in the capital market, so that government will invariably continue to outbid and crowd out the real sector from access to cheap loans.

Talented pop singer, Kiss Daniel has issued a statement on his loss of the highly contended ‘Next Rated’ award at The Headies which took place on January 1 at the Landmark Events Centre.

Oil prices rose Monday on Middle East supply risks after Saudi Arabia cut diplomatic ties with Iran.

At about 1230 GMT, US benchmark West Texas Intermediate for delivery in February climbed 30 cents to $37.34 a barrel.

A businessman, Mr Emmanuel Godwin, on Monday prayed a Mararaba Grade 1 Area Court, Aso Pada, to dissolve his three-year-old marriage over wife’s disrespect.

Christmas is over and reality sets in as the toughest month of the year arrives. If you are saddled with worry over how to scale through this period, here are tips to help you overcome January challenges.

Iran’s foreign ministry accused Saudi Arabia of stoking regional tension Monday after the kingdom broke off diplomatic relations and said Iranian embassy staff must leave.