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  • We’re Committed To Free Trade, Buhari Tells World Trade Organization

    3 Shares Share Tweet Share Email President Muhammadu Buhari declared on Monday that Nigeria remains fully committed to free international trade, despite its present economic circumstances. President Buhari spoke at an audience in the Presidential Villa with the Director-General of the World Trade Organization (WTO), Ambassador Roberto Azevedo, his spokesman Femi Adesina said in a […]
  • Lagos Govt: Our Mobile Court Will Respect Rights Of Defendants

    Lagos Govt: Our Mobile Court Will Respect Rights Of Defendants – SIMONATEBAnews 2 Shares Share Tweet Share Email The Lagos State Attorney General and Commissioner for Justice, Mr. Adeniji Kazeem, assured residents on Monday that the Mobile Court recently inaugurated would dispense justice in accordance with the dictates of the law and respect fundamental human […]
  • Budget Scandal: Buhari Sacks Budget Boss, Appoints New DG

    Budget Scandal: Buhari Sacks Budget Boss, Appoints New DG – SIMONATEBAnews 4 Shares Share Tweet Share Email Presidency Statement President Muhammadu Buhari has approved the appointment of Mr. Tijjani Mohammed Abdullahi as the Director-General (Budget). Mr. Abdullahi, a fellow of the Certified National Accountants of Nigeria, and a banker of repute with experience in managing […]
  • N3.1bn Fraud: How Ex-Gov Suswan Laundered N1bn-Witness

    The trial of Gabriel Suswan, a former governor of Benue State and his Commissioner of Finance, Okolobia Okpanachi, continued onMonday, February 15, 2016, with a prosecution witness, Brijid Shiedie, managing director and chief executive officer, Benue Investment and Property Company Limited, telling Justice A. R. Mohammed of the Federal High Court Abuja, how the sum […]
  • EFCC Disclaims Recruitment Adverts

    EFCC Disclaims Recruitment Adverts – SIMONATEBAnews 1 Share Share Tweet Share Email EFCC Statement The Economic and Financial Crimes Commission, EFCC, wishes to alert the general public about the activities of some unscrupulous elements who have cashed in on the plan by the Commission to recruit more personnel to defraud unsuspecting job seekers. In recent […]
  • [Financial Inclusion] 11.8 Million Nigerians Opened Bank Accounts in 2015 Alone

    More Nigerians have been added to the nation’s financial system, as data on the website of the Nigeria Inter Bank Settlement System (NIBSS) indicate that total active accounts stood at 59 million, higher than the 47.2 million active accounts which the country had at the beginning of 2015. This corroborated the Bankers’ Committee meeting earlier […]
  • Huawei Launches the Power Sharing Formula in Nigeria Through Jumia

    Nigerians can heave a sigh of relief as Huawei is launching the Huawei G-Power #ThePowerOfSharing exclusively on Jumia in Nigeria today, Monday, 15th of February, 2016. Huawei is currently one of the top suppliers of the android smartphones all over the world and their epic antecedents in world Technology leaves much to be anticipated and desired even […]
  • [No Opposition] Lagarde Returns As IMF Boss For Second Term

    “One candidate, current Managing Director Christine Lagarde, has been nominated,” reads a statement by the IMF executive board confirming of a second five-year term for IMF chief Christine Lagarde last Thursday. The new term begins in July, five years after she was first named to head the IMF in July 2011. Lagarde, 60, also has […]
  • Nigeria’s Exposure To World Bank Loans Is $6.29bn

    The Debt Management Office (DMO) has said that Nigeria’s debt exposure to the World Bank now stands at $6.29 billion as at December 31, 2015. Nigeria’s exposure to World Bank loans has increased by $2.35bn (59.64%) in four years, from $3.94bn as at December 31, 2011 to $6.29bn as at December 31, 2015. According to […]Read More
  • [Non-Oil Export] Anambra State To Export Ugu Leaves, Others For $5.2bn

    Anambra State and ABX World, in alliance with Arik Air and Skyway Aviation Handling Company have signed a deal to start exporting agro-allied produce worth $5.2 billion to European countries. According to Anambra State Commissioner for Africa, the government’s priority for agricultural development was to eliminate poverty, enhance job creation, and improve the internally generated […]
  • [Kachukwu Opens Up] This Is How Much I’m Losing Yearly As A Minister

    Minister of state for Petroleum resources Dr.Ibe Kachukwu, disclosed on Sunday that he was losing a whopping $1 million annually since he was called upon to serve in the Buhari’s cabinet amid the continuous drop in oil prices. The Minister who was formerly the Vice President of Exxon Mobil West Africa was the first to […]