Nigerian Newspapers: Top 10 Headlines Today Tuesday, March 26th, 2019

1. Presidential Election: APC Demands Arrest, Probe Of Atiku, PDP The APC has called for the arrest and investigation of the PDP leadership and its presidential candidate, Atiku Abubakar, over their alleged access to the server of INEC. The APC made this known in a petition written to the Inspector General of Police and the Director General of State Security Services (DSS) on Monday. 2. … Continue reading Nigerian Newspapers: Top 10 Headlines Today Tuesday, March 26th, 2019

Unsolicited messages: 12 million subscribers report telcos to NCC

About 12 million telecommunications subscribers have asked service providers not to disturb them with unsolicited text messages and calls, the Nigerian Communications Commission has said. Executive Vice Chairman at NCC, Prof. Umar Danbatta, said this when he met with Kano actors and film makers (popularly known as Kannywood) in Kano, according to a statement made available to our correspondent in Abuja on Tuesday. The NCC … Continue reading Unsolicited messages: 12 million subscribers report telcos to NCC

Africa Investment Forum Exceeded Expectations, Says AfDB

The Africa Investment Forum that was organised recently by the African Development Bank (AfBD) ended on a high note with the closing panel comprising heads of Development Finance Institutions (DFIs) unanimously lauding the unique initiative, calling it an exceptional gathering that “exceeded all expectations.” According to a statement, the President of the AfDB,  Dr. Akinwumi Adesina told the more than 1,000 delegates, that: “The needle … Continue reading Africa Investment Forum Exceeded Expectations, Says AfDB

FG Urged to Harness Maritime Potential to Boost GDP

The federal government has been urged to harness its huge maritime potential as the sector offers huge opportunities for the country to shore up its Gross Domestic Product (GDP). The National Chairman of the Nigerian Institute of Marine Engineers and Naval Aechitects (NIMENA), Mr Henry Unuigbe, stated this in Lagos while speaking at the 7th annual conference/annual general meeting of the institute in Lagos. According to … Continue reading FG Urged to Harness Maritime Potential to Boost GDP

Russia, UAE partner NNPC to develop oil, gas

The Russian Federation and the United Arab Emirates have expressed their readiness to expand their scope of partnership with the Nigerian National Petroleum Corporation. Speaking after a working visit to the Group Managing Director of the NNPC, Maikanti Baru, the Russian Federation Ambassador to Nigeria, Alexey Shebarshin, said the proposed synergy was for the betterment of Russians and Nigerians. Shebarshin said the visit was to … Continue reading Russia, UAE partner NNPC to develop oil, gas

Despite sell-off, economy is in great shape and Dow ‘still marching towards 30,000,’ money manager says

The Dow Jones Industrial Average is heading to 30,000, says Neil Hennessy of Hennessy Funds. “There’s no euphoria in this marketplace, and that’s what would actually end the bull market,” Hennessy says. Glenmede Trust Company CIO Jason Pride is setting up “for the next part of this ongoing bull market” by tilting portfolios toward “defensiveness” and “value.” The recent market sell-off is not an indication … Continue reading Despite sell-off, economy is in great shape and Dow ‘still marching towards 30,000,’ money manager says

Naira closes at N363.32 to dollar at investors’ window

The naira on Tuesday closed at N363.32 to the dollar at the investors’ window. Market turnover at the window stood at 51.14 million dollars. At the official CBN window, the naira exchanged at N306.60. It was sold at N360.50 at the parallel market in Lagos, while the Pound Sterling and the Euro closed at N480 and N417, respectively. Trading at the Bureau De Change (BDC) … Continue reading Naira closes at N363.32 to dollar at investors’ window

Amiwero: Nigeria ports are becoming very unfriendly for business

Nigeria Losing N18t Yearly For Still Operating Inefficient, 1947 Port System • There Is No Congestion In Nigerian Ports, Only Backlog Of Cargoes Waiting On Terminal National President of National Council of Managing Directors of Customs Licensed Agents, (NCMDCLA), Lucky Amiwero, in this interview with SULAIMON SALAU, there is no congestion in Nigerian ports, but cargoes waiting at the terminal, but not evacuated. There are … Continue reading Amiwero: Nigeria ports are becoming very unfriendly for business

I earned N60.2m in three years, Atiku tells INEC

Peoples Democratic Party (PDP) presidential candidate Atiku Abubakar has declared a personal income of N60.2 million in three years, according to the credentials he filed with the Independent National Electoral Commission (INEC) He also indicated in his tax returns attached to his presidential nomination form that he paid N10.8 million tax between 2015 and 2017. Atiku is reputed to be a billionaire, one of Nigeria’s … Continue reading I earned N60.2m in three years, Atiku tells INEC

Emir Sanusi: Nigeria is not an oil-rich country. It’s nowhere near that’

The Emir of Kano, HRH Muhammadu Sanusi II, has said that Nigeria is not an oil-rich country. He said, given the quantum of oil Nigeria produces and sells against its large population, the country was nowhere near an oil-rich country. Sanusi also said he was deeply worried about the concept of restructuring being advocated by some in Nigeria. Emir Sanusi, who was the special guest … Continue reading Emir Sanusi: Nigeria is not an oil-rich country. It’s nowhere near that’

Google, MTN empower SMEs on digital marketing

MTN Nigeria in collaboration with Google has empowered over 40 Small and Medium Enterprises (SMEs) with practical skills to implement effective digital marketing strategies in Port Harcourt, Rivers State. The SMEs who run businesses in various sectors were empowered in to gain first-hand experience on how to use digital tools to maximize their businesses. The facilitators enlightened them on how they can effectively promote their … Continue reading Google, MTN empower SMEs on digital marketing

Dangote rice mill will generate N90 billion annually’’

By Aliyu Dangida, Dutse Dangote Rice Mills Hadejia , Jigawa State, which is billed to commence production early next year will generate over 10,000 jobs with projected cash flows of over N90 billion Naira annually.   Dangote The Project Manager, Engr. Tijjani Momodu, noted that the mill has the capacity for milling 800 metric tonnes per day and also capacity to generate 4-5 Mega Watts … Continue reading Dangote rice mill will generate N90 billion annually’’