Category: Economy

NEC appoints Nasir El Rufai as chairman of committee to review ownership of Discos,approves additional $250m for investment funds

The National Economic Council (NEC) presided over by Vice President Yemi Osinbajo on Thursday, approved an additional investment of $250 million into the Nigeria Sovereign Investment Authority (NSIA). It also appointed Kaduna State governor, Nasir El-Rufai, chairman of a committee to review the status of the ownership structure […]

NSCDC Officials Prosecuted for Fraud

The trial of two Nigerian Security and Civil Defence Corps, NSCDC, officials, Mainasara Malami and Emmanuel Salihu continued on Thursday, November 21, 2019, before Justice Umar Dogon Daji of the State High Court sitting in Sokoto, Sokoto State. The duo are facing a two-count charge bordering on Conspiracy […]

GAC motors to visit Lagos on Feasibility study

Following the visit of Governor Babajide Sanwo-Olu to the headquarters of Guangzhou Automobile Group (GAC Motors) in China, representatives of the company will be visiting Lagos State to study the viability of establishing a vehicle assembly plant. During his working visit, Governor Sanwo-Olu inspected the automobile manufacturing company’s […]