Wednesday, September 19, 2018

Tag "Laolu Akande"

    Nigerians have never lacked ideas, says Osinbajo

Nigerians have never lacked ideas, says Osinbajo

Vice-President Yemi Osinbajo on Thursday said Nigerians know what to do to make the country work, but the problem has always been implementation of ideas.He said the current administration was committed to transforming brilliant ideas to reality.He was speaking at the presidential villa when he received a delegation of Nigerian CEOs who attended the Indian Manufacturing Conclave-an industrial conference in New [...]

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    ALERT: Poor power supply here till May

ALERT: Poor power supply here till May

The epileptic power supply across the country may continue till next month.This was revealed during the visit of Vice-President Yemi Osinbajo to Forcados Export Terminal, which was attacked by suspected militants in February.According to Laolu Akande, spokesman of the vice-president, a repair plan presented to Osinbajo by Shell officials, operators of the facility, said the first part of the repair work, [...]

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    FG: 1m ‘extremely poor’ will still get N5000

FG: 1m ‘extremely poor’ will still get N5000

The federal government says it has budgeted N5,000 each for one million “extremely poor” Nigerians, as a total of N500 billion has been allocated for social investment in the 2016 budget.Insisting that President Muhammadu Buhari and the ruling All Progressives Congress (APC) never promised to pay unemployed graduates N5,000, the administration said it still has plans to empower those who do [...]

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    Nigeria can do without oil, says Osinbajo

Nigeria can do without oil, says Osinbajo

Vice-President Yemi Osinbajo on Monday said the country had everything needed to build and sustain a vibrant economy in spite of the drop in global oil prices.According to Laolu Akande, senior special assistant on media and publicity to the vice-president, Osinbajo said this during an interactive meeting with a group of international investors at the state house.Akande said the interaction [...]

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    JSE suspends MTN shares after meltdown

JSE suspends MTN shares after meltdown

The Johannesburg Stock Exchange (JSE) has suspended trading in MTN group’s shares, following a loss of N1.048 trillion in its market worth after the Nigerian Communications Commission (NCC) N1.04tr fine.MTN was fined on N1.04tr for failure to disconnect 5.1 million unregistered subscribers within the stipulated deadline.Immediately after the fine, MTN stock took a red turn, the company experiencing over 12 percent [...]

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    Buhari approves appointment of Ipaye, Akande

Buhari approves appointment of Ipaye, Akande

President Muhammadu Buhari has approved the appointment of Rahman Adeola Ipaye (pictured), immediate past attorney-general of Lagos state,  as deputy chief of staff and Laolu Akande as senior special assistant (media and publicity) in the presidency.According to Femi Adesina, presidential spokesman,  the two new appointees will work in the office of  the vice president.Ipaye studied at the University of Lagos [...]

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    N300bn intervention for states ‘ready in weeks’

N300bn intervention for states ‘ready in weeks’

State governments will start accessing N250 billion to N300 billion intervention of the administration of President Muhammadu Buhari in a matter of weeks, Lalolu Akande, spokesman of Vice President Yemi Osinbajo said on Monday.Explaining that the assistance will come in three phases, he said: “Specifically, state governments will start benefiting from the special intervention fund of between N250bn to N300bn in [...]

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Exchange Rates

September 18, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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