A recent report released by the National Bureau of Statistics (NBS) has shown that the Nigerian Postal Service (NPS) generated a total revenue of N8.84billion in 2016. This revenue includes Stamp Duty (N4.09bn), EMS/Speed post (N1.36bn), Parcel clearance/delivery fee (N726.85m) and international mail income (N715.73m), amongst others. The report titled “Annual Postal Services Data 2016”,...

Nigeria’s electoral body, INEC, has scheduled the next presidential and parliamentary elections for February 2019. The Independent National Electoral Commission (INEC) said the early release of the election schedule was to ensure “proper planning by the commission, political parties, security agencies, candidates and all stakeholders”. In details, presidential and parliamentary elections...

Last Wednesday, the World Bank announced it would provide more than $1.6 billion to Ethiopia, Kenya, Nigeria, Somalia, Southern Sudan and Yemen to fight hunger. More than 20 million people are to benefit from the facility. “Our first priority is to work with partners to make sure that families have access to food and water. We are working towards a financial package of more than $1.6...

Nigeria’s President Muhammadu Buhari (photo), has at last returned to Nigeria after more than seven weeks of medical leave in the UK. He arrived the country early today and is expected to address Nigerians later to quell growing concerns about his leadership, according to his personal assistant, Bashir Ahmad. The leader of Africa’s second-biggest oil producer has been facing rising...

The Federal Government has revealed plans to prosecute those who import frozen fishes through Nigerian borders illegally. This is aimed at stimulating local production and exports. The government in this framework plans to set up a taskforce to seal and prosecute operators of cold rooms selling illegally imported produce. According to the Minister of state for Agriculture and Rural...

On a tour in the North of Senegal since March 5th, President Macky Sall advised rural land owners of the region to let investors valorize their properties. The leader was in this case addressing the people of Mbane, in the department of Dagana, where he commissioned cold storages at the Senegindia farm. Well aware of the uneasiness that foreign investment in the African agricultural sector cause...

On a sensizibilation mission on land ownership and rights in the Kayes region, in the South Western part of Mali, the minister of public domains and land affairs, Mohamed Ali Bathily, recalled how important it is to respect land legislation in order to tackle land conflicts. The official in fact blamed local authorities of contributing to the sustaining of the phenomenon. “Administrators,...

The Bank of Industry (BoI) on Wednesday announced that it has donated more than N13billion ($41.6million) to 232 enterprises owned by women in the country. This aims to help women contribute their quotas to Nigeria’s socio-economic development. The Group Head of Gender Business at BoI, Adebisi Ajayi, disclosed this during the bank’s celebration of International Women’s Day, in Lagos....

Nigeria loses about $1.5billion in productivity to maternal mortality annually, the United Nations Population Fund (UNFPA) has revealed. “The country will be saving 1.5 billion dollars yearly by investing in maternal health. Investing in maternal health is a smart investment; if you put one dollar in maternal health, it will yield 120 dollars. So, it is where the government should put...

The Federal Executive Council (FEC) has approved the awarding of a contract worth $470million for the Greater Abuja Water Supply Project. The project aims to provide potable water supply to the greater part of the city. “This project, which is being funded by the China EXIM Bank, is to provide water to what we call loops 1, 2, 5 and 6. The overall plan for Abuja has 10 loops of which...