Thursday, 2 February 2017

Nigeria’s manufacturing index declines in January


The Manufacturing Purchasing Managers’ Index (PMI) stood at 48.2 index points in January 2017, indicating a decline in the manufacturing sector during the review period.
The index averaged 45.2 in the last twelve months, and had grown in December 2016 after recording declines for 11 consecutive months.

The PMI is an indicator of the economic health of the manufacturing sector.
The January 2017 PMI report released by the Central Bank of Nigeria (CBN) tuesday, showed that 10 of the 16 sub-sectors surveyed recorded decline in the review month in the following order: primary metal; transportation equipment; paper products; electrical equipment; fabricated metal products; printing & related support activities; cement; furniture & related products; plastics & rubber products; and chemical & pharmaceutical products.

FG - "Foreign investors can now get Nigerian visa in 48 hours"


Okechukwu Enelamah, the minister of industry, trade and investment, says anyone interested in doing business in Nigeria can now get a visa in 48 hours.

The minister said the federal government had issued a directive to this effect, noting that it was important to make it easy for potential investors to do business in Nigeria.

THISDAY reports that the minister made this known at an event on Tuesday.

Enelamah said the federal government was carrying out series of reforms in the business environment to make it less difficult to do business in the country.

He said President Muhammadu Buhari had already launched the presidential enabling business environment council( PEBEC) whose purpose was to identify and reduce bureaucratic processes and regulations that impede the private sector

Amaechi- "China’s $1.5bn loan ready"



Rotimi Amaechi, the minister of transportation, has urged the national assembly to approve the federal government’s borrowing plan so as to begin the construction of rail projects in the country.

The minister said the China Exim Bank was ready to loan $1.5bn to Nigeria for the Lagos-Ibadan rail line but approval was needed before the agreement can be signed.

Amaechi made this known on Tuesday in Abuja when he appeared before the senate committee on land transport.

The minister also said the foundation of the Lagos-Ibadan segment of the Lagos-Kano rail line will be ready before the end of the first quarter of 2017.

Friday, 20 January 2017

Women protest in Abuja, ask EFCC to arrest Fayose

Image result for Women protest in Abuja, ask EFCC to arrest Fayose



Some protesters under the aegis of “Patriotic Mothers Without Borders”, on Friday stormed the EFCC Abuja headquarters calling for the “arrest, investigation and prosecution” of Ayo Fayose, governor of Ekiti State, over his involvement in the $2.1 billion arms deal scandal.

Chanting “Fayose must go”, the women numbering about 300 carried various placards and banners with inscriptions like: “EFCC Must Prosecute Fayose”, “Corruption is Corruption”, “Fayose is being tormented by the blood of innocent Nigerians slaughtered by Boko Haram”.

Convener of the group, Nnenna Jideofor, accused Fayose of stealing part of funds meant to equip the military in the fight against terrorism.


She said: “The gravity of the crime does not permit that we wait indefinitely for Fayose to leave office; he would have finished spending his share of the loot by then, and he has all the time to destroy evidence.”

Wednesday, 18 January 2017

Police arrest 27-year-old woman with 16 children


The Police in Plateau has intercepted a 27-year-old woman for allegedly being in possession of 16 children at Gada Biyu Motor Park in Jos.

The command’s spokesman, ASP Terna Tyopev, said on Wednesday that the woman was arrested on Tuesday night.

According to him, the woman, identified as Rifkatu Bello, was conveying the children from Bauchi to Anambra.

How to Subscribe to Airtel Unlimited Download Plan



If you are a heavy internet user or you download heavy files online, then Airtel night plan is the data plan for you. The best thing about this plan is that it’s also unlimited.

It’s a hard time in the country right now because of the recession. Not online has goods and commodities become expensive, data plans are too. Airtel night plan allows you to browse and download unlimitedly, meaning you can download and stream movies for as long as you like.

Friday, 13 January 2017

Wole Soyinka-"If we don’t tame religion, it’ll kill Nigeria"



Nobel laureate, Prof. Wole Soyinka, has warned that religion will kill the country if it is not tamed.


Soyinka stated this in Abuja on Thursday at the presentation of a book, Religion and the Making of Nigeria, written by Prof. Olufemi Vaughan.

He said President Muhammadu Buhari had said if Nigeria did not kill corruption, corruption would kill the country.

Condemning killings in the name of religion, the Nobel laureate stated, “I would like to transfer that cry from the moral zone to the terrain of religion. If we do not tame religion in this nation, religion would kill us.

“I do not say kill religion, though, I wouldn’t mind a bit if that mission could be undertaken surgically, painlessly perhaps, under anaesthesia, effectively sprayed all over the nation or perhaps during an induced pouch of religious ecstasy.

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