Business

The Federal Government is set to increase its financial commitment to the training, empowerment of unemployed youths in Nigeria by 80 percent with the sum of N240 billion in September this year. Reports have it that the government is currently spending N6.9 billion monthly for 200,000 youths enlisted in the programme, targeted at tackling increasing youth unemployment estimated at 40 million persons. The 200,000 youths are allowance and devices credit of N4,500 each on monthly basis.But investigations showed that the…
Investors Decry NSE Frequent Delisting, Suggest Way Forward‎Investors have stressed the need for regulators to reinforce engagements with listed firms and ascertain areas of possible interventions to reduce irregularities and subsequent delisting from the market. Report from the Nigerian Stock Exchange (NSE), showed that among the 77 companies delisted from its daily official list in the last 10 years, 2006 to May 2016, about 54 were delisted due to regulatory instruction, while others cited harsh economic climate and parent company…
While Tunisia, Egypt and Morocco all saw more than a 20% increase in international arrivals in the first half of 2017, after a dip in the last few years, Nigeria, Africa’s largest economy, saw a 0.8% dip in international arrivals with the country’s economic troubles cited as a factor. Quartz Africa news medium cited a report from ForwardKeys, a travel industry research firm which confirmed the statistics. According to the report, Nigeria’s travel downturn will only get worse as the…
Nigerian Corruption Survey 2017 published by the National Bureau of Statistics, NBS, has revealed that the Nigerian Police is by far the most corrupt public institution, and often than not, a greater percentage of Nigerians freely pay and accept bribes. The survey published on Wednesday showed that only 5.3 per cent of Nigerians will either refuse to pay a bribe when asked to, or refuse to accept when a bribe is offered to them. The survey revealed that that the…
Digital banking has changed the way banking transactions affect us all forever. Almost all commercial banks in Nigeria, now have online banking platforms but the Wema bank’s ALAT digital bank is something worth emulating. ALAT, a fully digital bank of its own, is no doubt, a mile apart from typical banking apps, as it comes with so many features. For instance, being the first bank that enables a customer to carry out ALL banking transactions without having to enter a…
  The Minister of Power, Works and Housing, Babatunde Fashola, yesterday said the Federal Government has given state governments autonomy to produce power so as to ensure improved power supply in the country.   According to him, this was because of nothing in the recent Electricity Power Sector Reforms Act, EPSRA, deterred states from doing such.   He, however, said that interested states must obtain the necessary permit and licenses from the Nigerian Electricity Regulatory Commission (NERC) depending on the…
As part of efforts to boost the private sector’s investment in agriculture, Dangote Group, GrowAfrica and Nigeria Agribusiness Group (NABG) have signed a Memorandum of Understanding (MoU) to pave the way for more private companies’ participation in the development of the agricultural value chain in the country. According to Sani Dangote, Vice-President of Dangote Group, the private sector has the capacity to promote growth in agriculture with the Federal Government creating the enabling environment. Also speaking at the occasion, William…
The Federal Government said it has paid N6,204,912,889 to 14 states as to reach its target of feeding three million primary school children this year under the ongoing National Homegrown School Feeding Programme. The government in a statement released yesterday by Senior Special Assistant on media and publicity to the Acting President, Laolu Akande, said the amount was expended during the school year ending August 2017. It said the 14 states that have been covered under the programme are Anambra,…

About us

tmnews.ng is one of the leading Newspapers in Nigeria today . It has developed a rich heritage as the most entertaining, refreshing, authoritative, detailed and reader friendly newspaper in the country.

Last posts

Newsletter

Sign Up for Tmnews Newsletter for latest news