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N75bn manufacturing intervention fund fully allocated —FG

N75bn manufacturing intervention fund fully allocated —FG

•N78.5bn approved for 143 companies  •N6.3bn disbursed to 8 manufacturers  •112 firms at various stages of meeting conditions  By Yinka Kolawole  The federal government said it has fully allocated the N75 billion Manufacturing Sector Fund (MSF) set aside to support manufacturing businesses under the N200 billion Presidential Intervention Fund initiated by President Bola Tinubu. Senior Special […]

Global Warming: Stakeholders task govt on fight against methane emissions

Global Warming: Stakeholders task govt on fight against methane emissions

Port Harcourt – GOVERNMENT at all tiers have been urged to lead proactive interventions as organised campaign to tackle methane emissions in Nigeria gathers momentum. This concern was raised in Port Harcourt, Rivers state weekend during a workshop themed, ‘Methane Abatement In Nigeria: Focus On Anthropogenic Sources’, building on previous gatherings to chart way forward. […]

Insecurity, boundary dispute: Agatu LG Chair, Ejeh leads emissaries to Kogi communities

Insecurity, boundary dispute: Agatu LG Chair, Ejeh leads emissaries to Kogi communities

… As Benue Gov, Alia explores peace options between Agatu, Kogi neighbours …Council boss hails CDS Musa, Op Whirl Stroke commander over tireless peace efforts By Joseph Erunke, Abuja To enthrone lasting peace in his area, Agatu Local Government Chairman of Benue State, Hon. Melvin Ejeh has embarked on a peace mission to some neighbouring […]

Northern groups beg FG to eliminate Lakurawa immediately

Northern groups beg FG to eliminate Lakurawa immediately

…want deployment of 40,000 military personnel By Gabriel Ewepu ABUJA- NORTHERN groups under the Coalition of Northern Groups, CNG, Monday, begged the Federal Government to immediately eliminate the new dreaded sect, Lakurawa operating in the North West region of the country. The call was contained in a statement signed by the National Coordinator, CNG, Comrade […]

Why currency outside banks will keep rising

Why currency outside banks will keep rising

By Dele Sobowale “Currency outside banks hits N4.02tn  —  CBN.” Report. The story in the PUNCH went on to state that “Currency outside banks surged by 66.2 per cent in September 2024, reaching N4.02tn compared to N2.42tn in September 2023, a notable rise of N1.60tn in just one year.” It was speculated that some of the […]

Senator Kingibe mourns Gen Lagbaja

Senator Kingibe mourns Gen Lagbaja

By Uchegbu Melvin The Senator representing the Federal Capital Territory, Ireti Kingibe, has expressed sadness over the death of Nigeria’s Chief of Army Staff, Lt. General Taoreed Lagbaja. A statement by her Senior Special Assistant on Media, Mr Kennedy Mbele, said the lawmaker extends her condolences to the late general’s family, the Nigerian Army over […]

Stock market end in slight load shed

Stock market end in slight load shed

 …as Transcorp, MTN, Airtel lead decliners By Peter Egwuatu    Nigeria’s equities market closed in the negative territory at the weekend with benchmark index, the Nigerian Exchange (NGX) All Share Index, ASI, shed 0.2% down to 97, 236.19 points from 97,432.92 points the previous week. Market capitalisation lost N118 billion  Week-on-Week, WoW, to settle at N58.920 […]

Global trade remains in contraction at start of Q4

Global trade remains in contraction at start of Q4

The worldwide Purchasing Managers’ Index (PMI) surveys compiled by S&P Global Market Intelligence indicated that global trade in goods and services remained in deterioration at the start of the final quarter of the year. The seasonally adjusted Global PMI New Export Orders Index, sponsored by JPMorgan and compiled by S&P Global, posted 48.9 in October, up […]

FIRS becoming more taxpayers friendly —Chairman 

FIRS becoming more taxpayers friendly —Chairman 

By Yinka Kolawole  The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, said the revenue agency has become more taxpayers-friendly with the ongoing transformation and innovation it has embarked upon. Adedeji stated this at the FIRS Special Day at the just concluded 2024 Lagos International Trade Fair (LITF) at the Tafawa Balewa […]

Firm to provide businesses access to financial solutions

Firm to provide businesses access to financial solutions

By Moses Nosike Woven Finance Limited, a leading innovator in the Nigerian fintech sector, has unveiled its refreshed brand identity and re-launched platform during a vibrant Brand Refresh and Lifestyle Expo in Lagos. The event marks a pivotal moment for the company, symbolizing a renewed commitment to empowering individuals and businesses with accessible, innovative financial […]