The House Committee Chairman on National Planning and Economic Affairs, Isiaka Ibrahim, says the National Bureau of Statistics, (NBS), needs to be insulated from political interference to perform more effectively. Ibrahim said this at a public lecture to mark the 2023 African Statistics Day celebration in Abuja on Wednesday. The News Agency of Nigeria (NAN)…
The Nigeria’s premier and largest non-interest Islamic bank, “Jaiz Bank Plc” has appointed Mr. Haruna Musa as the substantive managing director. The appointment has been approved by the Central Bank of Nigeria (CBN). Musa, whose appointment took effect on November 21, 2023, succeeded Ahmed Hassan who will proceed on retirement at the end of this…
The Court of Appeal in Abuja has Reinstated the re-election Abdullahi Sule as governor of nasarawa state and debunked his removal by the tribunal. The Independent National Electoral Commission (INEC) had declared Governor Abdullahi Sule of the All Progressives Congress (APC) winner of the March election but David Ombugadu of the Peoples Democratic Party (PDP)…
At a recent study conducted by the Danne Institute for Research disclosed that Lagos, the commercial hub of Nigeria, is losing a staggering N4tn annually, attributed to profound traffic congestion in the state. The study, titled ‘Behavioural Causes of Traffic Congestion in Lagos,’ funded by the Bank of Industry and Africa Finance Corporation, underscored the…
“Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself. “Binance is no longer a baby. It is time…
The General Manager, Corporate Affairs TGI Group, Mr. Sadiq Kassim, has lamented on the nation’s high import rate of food and agricultural commodities, which currently stands at N3.3 trillion. Kassim said spending so much on importing food is unsustainable for Nigeria, especially at a time when the country is grappling to earn the much foreign…
Trapped funds by foreign carriers operating in Nigeria and other parts of Africa have hit over $1.68 billion, the International Air Transport Association (IATA), said yesterday. Its Regional Vice – President Africa and Middle East, Kamil Alawadhi , who disclosed this at the opening of the African Airlines Association annual general assembly taking place in…
The Federal Government has lost an estimated $16tn to natural gas flaring in 10 years. The Energy Institute’s 72nd edition of the ‘Statistical Review of World Energy 2023’ said the amount was lost from 2012 to 2022. A breakdown of the statistics showed that upstream and downstream oil and gas firms operating in the country…
The Presidency, on Monday, blamed former President Olusegun Obasanjo for the current state of Nigeria’s democracy. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, said that the democracy the country currently practises dates back to direct inputs by Obasanjo when he led the country’s first as military Head of State from…
In a bid to drive the goals of the Human Capital Development (HCD) programme of the federal government, Vice President Kashim Shettima on Monday approved the constitution of a multi-sectoral committee. The multi-sectoral team made up of the federal and state governments as well as donors and partners is expected to convene every two weeks…
