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Nigeria’s economy stagnated – Bill Gates

The co-chair of the Bill and Melinda Gates Foundation, Bill Gates, has expressed concern over Nigeria’s economic stagnation, highlighting that the country’s debt surpassed 50% of its Gross Domestic Pr

Daily Trust
05 Sep 2024

Insecurity in our region must end now – ACF, Northern leaders

Following a high-level meeting with Northern stakeholders-including former state governors, ministers, service chiefs, National Assembly members, retired senior public officers, academics, professiona

Daily Trust
05 Sep 2024

NYSC to increase corps members’ allowance soon, says DG

The Director General of the National Youth Service Corps (NYSC), Brigadier General Yushau Ahmed, has assured corps members that their monthly allowance will be increased once civil servants begin rece

Daily Trust
05 Sep 2024

Insurgents loot unripe crops in Gwoza – Ndume

Senator Mohammed Ali Ndume, representing Borno South, has raised concerns over Boko Haram terrorists resorting to looting unripe crops from the farms of returnee communities in Gwoza LGA of Borno Stat

Daily Trust
05 Sep 2024

Africa good place for investments, Tinubu tells Chinese investors

President Bola Ahmed Tinubu has said Africa holds vast opportunities for investments, growth and development with its population, productive economy and natural resources. Speaking at a bilateral meet

Daily Trust
05 Sep 2024

Udom Emmanuel Extols virtue of Yar’Adua’s mother

Immediate Past Governor of Akwa Ibom State, Mr Udom Emmanuel, has expressed his condolences to the family of the mother of late President Umar Musa Yar’Adua, Hajiya Binta Dada, describing her as a mod

Daily Trust
05 Sep 2024

Customs intercepts containers laden with military hardware, drugs valued at N31.2bn in Rivers

The Nigerian Customs Service, Onne, River State, says it intercepted 12 40 footer containers laden with military hardware and drugs valued at N31,200,688,142bn. Speaking to ournalists shortly after di

Daily Trust
05 Sep 2024

Why we approved crypto exchanges- SEC

The Securities and Exchange Commission (SEC) on Wednesday, explained that it granted approval-in-principle to two crypto exchanges recently to give Nigerian youths the opportunity for capital market p

Daily Trust
05 Sep 2024

Fuel: Lagos residents decry transport fare hike

Some Lagos residents on Wednesday decried an increase in transport fares due to increase in the pump price of petrol by the Nigerian National Petroleum Corporation Ltd. (NNPCL). The NNPCL, on Tuesday,

Daily Trust
05 Sep 2024

Re-KYC: A double-edged sword in safeguarding customer security - Money News | The Financial Express

As per the RBI guidelines, it is crucial for Re-KYC to be conducted on a regular basis. Financial institutions, including banks and NBFCs, are required to carry out Re-KYC in alignment with a risk-based methodology.

Daily Trust
05 Sep 2024

CapitaLand aims to double funds under management to Rs 1 trillion - Money News | The Financial Express

Singapore-listed CapitaLand India Trust (CLINT) commissioned its first captive solar power plant in Tamil Nadu in January 2024.

Daily Trust
05 Sep 2024

China agrees to help Nigeria fight money laundering

Nigeria and China have agreed to enhance their cooperation on financial intelligence to fight money laundering and other financial crimes in the African country. A joint statement issued by the two co

Daily Trust
04 Sep 2024

Nigeria doesn’t need Obi, Atiku, Tinubu in 2027 – Kenneth okonkwo

Former spokesperson for Peter Obi, Labour Party's presidential candidate in the 2023 President election, Kenneth Okonkwo, says Nigeria needs new political leaders come 2027. Okonkwo therefore cal

Daily Trust
04 Sep 2024

Tunisia, Nigeria to hold first economic forum in Abuja

The Embassy of Tunisia will hold an economic forum with Nigeria in Abuja from 6th to 9th September 2024 to boost trade relations between the two countries. The Ambassador of Tunisia to Nigeria, Mohsen

Daily Trust
04 Sep 2024

It will take 130 years to achieve gender parity – World Economic Forum

Immediate steps should be taken for the inclusion of women to achieve gender parity in Nigeria and beyond to avoid a tortuous distance of an average of 130 years, country director of Plan Internationa

Daily Trust
04 Sep 2024

Fuel price hike: Students threaten to shut down major Nigerian cities

The National Association of Nigerian Students (NANS) has announced plans for a large-scale shutdown of all major cities in Nigeria, starting on September 15, 2024. According to NANS, the protest is in

Daily Trust
04 Sep 2024

Nigeria now third largest debtor to World Bank’s IDA

Nigeria has ascended to the third-largest debtor to the World Bank’s International Development Association (IDA) as of June 30, 2024, reflecting a significant increase in the country’s borrowing from

Daily Trust
04 Sep 2024

Mob burns man to death, stabs soldier in Ogun

A yet-to-be-identified civilian has been clubbed to death and set ablaze by a mob in Ilisha-Remo, Ikenne Local Government Area of Ogun State. A soldier was also stabbed by the group of commercial moto

Daily Trust
04 Sep 2024

Top 10 Mid-Cap Funds with 42.5% Annualized Returns: Rs 10,000 SIP earns up to Rs 17 lakh in 5 years - Money News | The Financial Express

All these top 10 mid-cap funds have offered impressive returns over a five-year period. Motilal Oswal Midcap Fund - Direct Plan - Growth leads with a return of 42.55% per annum, turning a Rs 10,000 monthly SIP into Rs 16.8 lakh.

Daily Trust
04 Sep 2024

UN recommends 15% budget financing to bridge gender gap in Nigeria

The United Nations has called on Ministries, Departments and Agencies of government across the country to allocate 15 percent of its budget as part of measures to bridge gender equality across the cou

Daily Trust
04 Sep 2024

3,590 inmates on death row in Nigeria – NCoS

No fewer than 3,590 inmates across the custodial centres in Nigeria are on death row, the Nigeria Correctional Service (NCoS), has revealed. NCoS Public Relations Officer, Assistant Controller of Corr

Daily Trust
04 Sep 2024

Plateau to build 55 secondary schools

The Plateau State Governor, Caleb Mutfwang, has awarded contracts for the construction of 55 new secondary schools across the state. Speaking during the contract signing on Wednesday at the New Govern

Daily Trust
04 Sep 2024

Gunmen ambush Delta lawmaker’s wife, kill police escorts, driver

Gunmen suspected to be kidnappers have shot dead two mobile policemen and a driver escorting the wife of a Delta State lawmaker, Mrs Christy Uroye, along Jakpan road in Uvwie Local Government area of

Daily Trust
04 Sep 2024

New Public Provident Fund Rules: These PPF accounts will earn ZERO interest - Money News | The Financial Express

Last month, the Department of Economic Affairs, under the Ministry of Finance, came out with a circular notifying certain revisions to the PPF norms. These changes in PPF rules, to be effective from O

Daily Trust
04 Sep 2024

Will RRTS inauguration drive up property prices between Meerut and Anand Vihar? - Money News | The Financial Express

The excitement associated with the RRTS is beginning to manifest in property values along the corridor. In recent years, land prices in proximity to the RRTS line have increased by 35-40%.

Daily Trust
04 Sep 2024
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