Nigeria Top Story

Nigeria returns Addax’s revoked oilfields, overriding regulator

Nigeria’s president restored four oilfield licences to Addax, a company controlled by China’s Sinopec, his office said in a statement, overruling a previous revocation from the country’s petroleum regulator. The restoration of the fields roughly three weeks after the Department of Petroleum Resources rescinded them was aimed to ensure “commitment to the rule of law, Read More…

Business Economy Top Story

FG to support massive investments in Lagos – Buhari

President Muhammadu Buhari on Tuesday pledged that the Federal Government would support massive investments in Lagos State to boost its economic potential as one of the world’s fastest growing megacities. Buhari made the pledge in a virtual goodwill message during the Lagos Economic Summit (Ehingbeti) 2021 themed: ”For a Greater Lagos: Setting the Tone for Read More…

Boxing Sports Top Story

President Buhari celebrates Anthony Joshua’s victory

Sports Ministry too President Muhammadu Buhari says by retaining his IBF, WBA, and WBO titles, Anthony Joshua has given boxing lovers around the world, and particularly in Nigeria, something to cheer. Mr Femi Adesina, the President’s spokesman in a statement in Abuja on Sunday, said Buhari made his feelings known while celebrating the decisive victory Read More…

Business Top Story Trade

Nigeria reaches out to U.S., South Korea to back Okonjo-Iweala

Nigeria is reaching out to the United States and South Korea to persuade them to back its pick to head the World Trade Organization, the trade ministry said on Friday, after the candidate’s last-minute rejection threw the selection process into confusion. The United States on Wednesday voiced its opposition to former Nigerian Finance Minister Ngozi Read More…

Metro Nigeria Politics Top Story

Buhari breaks silence over #EndSARS Lekki Toll Gate shooting

President Muhammadu Buhari has broken his silence on Tuesday’s shooting at the Lekki Toll Plaza by Nigerian security agents. In a statement released by the Senior Special Assistant on Media, Mallam Garba Shehu, the President said he had avoided the issue “until the facts are established.” The statement read: “As the Judicial panel of inquiry Read More…

Business Economy Featured Metro

LCCI lauds Buhari on early Budget 2021 presentation to NASS

The Lagos Chamber of Commerce and Industry (LCCI) has commended President Muhammadu Buhari for the early presentation of the 2021  budget estimates to the National Assembly for passage. The chamber said the move was a demonstration of the current administration’s commitment to sustaining the return to January – December budget cycle. Dr Muda Yusuf, Director-General, Read More…

Business Economy Top Story

Buhari presents 2021 budget proposal of N13.08trn to NASS

President Muhammadu Buhari has presented the 2021 budget proposal of N13.08trillion to the National Assembly for consideration and passage into law. The president, who was accompanied by Vice-President Yemi Osinbajo, some cabinet members and presidential aides, arrived the premises of NASS at about 11.03p.m. He explained that the total aggregate revenue projected for the 2021 Read More…