IMF: Nigeria’s economic challenges create difficulties for its neighbours

IMF: Nigeria’s economic challenges create difficulties for its neighbours

The International Monetary Fund (IMF) says Nigeria is creating economic difficulty for its neighbours, being a very important of economy in the west African region. Speaking at a press briefing on the IMF Fiscal Monitor report in Washington, Catherine Pattillo,...
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Facebook Launches Buy-and-Sell ‘Marketplace’

Facebook Launches Buy-and-Sell ‘Marketplace’

Facebook on Monday launched a new online “Marketplace” allowing members of the huge social network to buy and sell. The new feature puts Facebook squarely in competition with local online selling platforms led by Craigslist, and offers an alternative to...
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NFF: We Can’t Do Anything about Lesbianism

NFF: We Can’t Do Anything about Lesbianism

Nigeria Football Federation is not concerned about the issue of lesbianism in the female football circles, according to NFF Vice President, Seyi Akinwunmi.   Embattled Akinwunmi speaking at a forum in Lagos where Asisat Oshoala who plies her trade with...
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Broadband: Glo Rolls Out 4G/LTE Data Network in Nigeria

Broadband: Glo Rolls Out 4G/LTE Data Network in Nigeria

Globacom, has again set the pace in the telecommunications industry by becoming the first operator in the country to launch a nationwide mobile 4G Long Term Evolution (LTE) network. The company disclosed that the simultaneous rollout of the service in...
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Private Sector to Manage Abuja, Lagos Stadia – Dalung

Private Sector to Manage Abuja, Lagos Stadia – Dalung

The Minister of Youth and Sports, Mr Solomon Dalung, on Tuesday in Abuja, said arrangements had been concluded to engage private sector in the management of Abuja and Lagos national stadia. The minister, who made this known while fielding questions...
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Buhari Orders Sale of Presidential Jets – Presidency

Buhari Orders Sale of Presidential Jets – Presidency

The Presidency on Tuesday confirmed that newspaper advertisements for the sale of two presidential aircraft, a Falcon 7x executive jet and Hawker 4000 were duly authorised by President Muhammadu Buhari. The Senior Special Assistant to the President on Media an...
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Buhari Sends 2017 Draft Budget to Senate for Approval

Buhari Sends 2017 Draft Budget to Senate for Approval

President Muhammadu Buhari on Tuesday sent a draft budget framework for 2017, outlining spending plans for Africa’s biggest economy, to the Senate for approval. The figures contained in the document, referred to as the medium-term expenditure framework, ...
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Oyegun Speaks at Aso-Rock: No Rift With Tinubu But…

Oyegun Speaks at Aso-Rock: No Rift With Tinubu But…

All Progressives Congress (APC) National Chairman, John Oyegun, has reiterated that he has no rift with National Leader of the party Bola Tinubu. The first signs of cracks in the ruling party became public on September 25 when Tinubu —...
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Nigeria will Get Out of Recession by 2017 says IMF

Nigeria will Get Out of Recession by 2017 says IMF

The International Monetary Fund (IMF) has projected that Nigeria’s economy will be out of recession in 2017, growing by 0.6 percent that year. According to the IMF World Economic Outlook (WEO) released on Tuesday in Washington, the fund projects that...
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Dangote: I Am Not Interested In Any National Asset, Even on Credit

Dangote: I Am Not Interested In Any National Asset, Even on Credit

Aliko Dangote, president of of Dangote Group, says if the federal government offers to sell the Nigeria Liquefied Natural Gas (NLNG) to him on credit, he is not interested. Reacting to the criticisms that have trailed his advocacy for the...
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