Glamdea
Nigerians spend over N2bn on S/African visas in three years

As Nigerians display a marked preference for foreign holiday destinations at the expense of domestic ones, successful visa applicants in the country have spent over N2 billion on the procurement…

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Nigeria, others raise $830m for infrastructure in Africa

Nigeria and some African countries under the platform of Africa50, the new and innovative infrastructure investment platform promoted by the African Development Bank (ADB) held its Constitutive General Assembly on…

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Analysts advocate exchange rate determining mechanism for naira float

Analysts have advocated for foreign exchange determining mechanism to allow free float of the naira, which would subsequently reduce forex rate viability to achieve monetary stability. The Central Bank of…

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Blast kills five in Borno market

At least five people were killed by a bomb in Gamboru market in  Maiduguri on Friday morning, a policeman and a rescue worker said. Maiduguri, the capital of Borno state,…

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John Aboh becomes Ecobank Nigeria board chairman

Board of Ecobank Nigeria has elected John Oche Aboh as its new chairman. Aboh, who was recently appointed to the board as a non-executive director, brings with him a wealth…

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Lagos orders government agencies to vacate rented apartments

Lagos State Governor Akinwunmi Ambode has directed agencies of the state government occupying rented apartments to vacate them, in a move to block lopeholes and conserve scarce resources. The agencies,…

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Import waivers: Nigeria loses N585bn in four years

As the Federal Government battles to plug revenue leakages, occasioned by drop in oil prices, revelations emerged yesterday that the nation gave out waivers to the tune of N585 billion…

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Lagos gridlock: NUPENG backs plans to expand tanker parking lot

National Union of Petroleum and Natural Gas Workers (NUPENG) has described as a welcome development the planned expansion of the holding capacity of the existing petroleum tanker parking lot at…

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Retiring CP advocates community policing to reduce crime

Outgoing commissioner of police (CP), Akwa Ibom state command, Gabriel Achong has suggested the formation of vigilante groups as one of the strategies to check criminality and other anti social…

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NNPP commends Buhari’s anti-corruption moves

…Says EFCC rising to its responsibilities The New Nigeria People’s Party (NNPP) has commended the anti-corruption stance of Muhammadu Buhari’s stance, noting that it has emboldened the Economic and Financial…

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