Ekweanaedonews

FG Secures Fresh $925 Million Loan

   Nigeria has secured an additional $925 million loan from the African Export-Import Bank (Afreximbank) to help stabilize the country’s economy. In a statement on its website on Thursday, Afreximbank announced an additional disbursement of $925m under the syndicated $3.3bn crude oil-backed prepayment facility sponsored by the Nigerian National Petroleum Company Limited. Its latest accordion…

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₦105k Minimum Wage, Fake News – FG

The Presidency has dismissed reports that the Minister of Finance and coordinating minister of the economy, Wale Edun proposed N105,000 minimum wage. In a statement on Thursday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, he described such report as false. He said, “The Honorable Minister of Finance and coordinating…

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FG Unveils Science-Based Audience Measurement System

The Federal government on Thursday unveiled Nigeria’s first scientifically-based Audience Measurement System, AMS for the broadcast industry. The technology driven system is expected to provide accurate TV audience information for investors and increase investment in the Nigerian media industry, create jobs and boost sector contribution to Gross Domestic Product, GDP. According to the committee, the…

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Senate Passes Anti-doping Bill For Third Reading

The Nigerian Senate on Thursday passed for a third reading the anti-doping Bill seeking to prohibit Nigerian athletes from consuming performance-enhancing substances during or after sporting competitions. This followed the consideration and adoption of a report of the Senate committee on judiciary, human rights, and legal matters presented by its chairman, Senator Mohammed Monguno during…

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