Vibrant Commodities Exchange Will Improve Forex Earnings - Osinbajo The need for the development of a vibrant commodities trading ecosystem has again been emphasized in order to diversify the economy away from dependence on crude oil for improved government revenue...

Senate Urges Security Surveillance on waterways The Senate on Thursday charged security agencies to step up their surveillance on the Bonny-Port-Harcourt waterways. The upper chamber gave the charge following a motion on piracy attacks on Bonny - Port-Harcourt waterways which was...

Senate President Urges Arrest, Prosecution of foreigners engaged in illegal mining …Says mining sector must be revamped, protected* The President of the Senate, Ahmad Ibrahim Lawan, has called on security agencies to arrest and prosecute foreigners and anyone engaged in the...

Nigeria loses $3.351m daily over oil production cut Implementation of the 2019 budget may face some difficulties in the days ahead after Nigeria finally agreed to an earlier agreement among Organisation of Petroleum Exporting Countries (OPEC) members to cut its...

N11.52tn treasury bills Sold in nine months The Central Bank of Nigeria sold N11.52tn Treasury Bills through the Open Market Operation in nine months, investigation has shown. OMO is principally used to mop up or inject liquidity into the system as...

NEITI Says N544bn Diverted to Fund, Military, INEC The Nigeria Extractive Industries Transparency Initiative (NEITI) has said that the Federal Government diverted N543.63bn for Natural Resources Development to fund the Independent National Electoral Commission and budget deficit. The diverted N543.63bn was...