• Unemployment: Why Buhari retained graduate trainee scheme – Ministry explains

    Unemployment: Why Buhari retained graduate trainee scheme – Ministry explains

    The Assistant Director of the Federal ministry of Finance, Mr. Deniss Chukwu, has offered reasons why the present administration of President Muhammadu Buhari retained the ongoing Graduate Internship Scheme for unemployed graduates in the country, saying it is a strategy to increase numbers of entrepreneurs and reduce dependence on civil service employment.

    Mr. Dennis Chukwu, who is the Project Director of the GIS in the Ministry of finance and represented by Mr vincent Igemba, said during the passing out ceremony for […]

  • Financial experts not happy with retained 14% lending rate

    Financial experts not happy with retained 14% lending rate

    According to reports, the Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained interest rate at 14 per cent and urged the Federal Government to evolve robust fiscal policies in reviving the economy from recession.

    The Central Bank Governor, Godwin Emefiele, announced this in Abuja during a news conference on the outcome of the MPC meeting.

    Emiefile said the committee elected to retain the current policy, which is the Monetary Policy Rate, at 14 per cent, Cash Reserve Ratio […]

  • Why I retained Arase as IGP – Buhari explains

    Why I retained Arase as IGP – Buhari explains

    President Muhammadu Buhari Thursday explained why he decided to retain outgoing Inspector General of Police (IGP), Mr. Solomon Arase, when he assumed office on May 29, 2015.

    The President who spoke at the public presentation of a publication “Cascade of Change: A Decade Of Liberal Thoughts” authored by the Lagos State Commissioner for Information and Strategy, Mr. Steve Ayorinde, said Arase’s dossier and his intellectual capacity in the field of operations was enough to convince him to allow the former IGP […]