Foreign investments rise 138.7% to $12bn
The total capital importation into the country, comprising of both Foreign Direct Investments (FDI) and Foreign Portfolio Investments (FPI), more than doubled in 2017, surging by 138.7 percent year-on-year (YoY) to $12.2 billion from $5.1 billion recorded in 2016, a pointer to the soaring confidence of foreign investors in the Nigerian economy.
Declare ammended Edo LG Law null, void —PDP
EDO State chapter of Peoples Democratic Party, PDP, has asked an Edo State High Court sitting in Benin City, to declare that Section 21 (1) of the Edo State Local Government Electoral Law, as amended, otherwise called Edo State Local Government and the Edo State Independent Electoral Commission EDSIEC, Establishment, (Re- Enacted) (Amendment Law), 2017, is invalid, null and void.
Umahi evicts illegal occupants on Ebonyi University land
GOVERNOR David Umahi of Ebonyi State yesterday, ordered immediate demolition of houses within the Ebonyi State University for which compensations had been fully paid by the state government.
Customs intercepts N1bn contraband goods in February
The Federal Operations Unit, zone “A” of the Nigeria Customs Service, NCS, said it intercepted contraband goods worth N1 billion in February.
ADP alleges plans by APC to rig Edo LG polls
THE Action Democratic Party , ADP, in Edo State has raised the alarm over alleged plans by the All Progressives Congress, APC, in Edo State to rig tomorrow’s local government elections, vowing to resist alleged attempts to intimidate other political parties out of the race.
Warri/Effurun Peace Marathon: Citizens rally support for successful outing
Warri and its environs are set for the third edition of the Warri/Effurun Peace Marathon with citizens rallying support to ensure the event comes to a fitting success on Saturday, March 3.
