CBN intervenes with $ 279.13m, CNY 46.92m in Retail SMIS The Central Bank of Nigeria (CBN) has again made interventions of $279.13 million and CNY 46.92 in the Retail Secondary Market Intervention Sales (SMIS) of the Foreign Exchange(forex) market Figures of the...

CBN, Dangote target Nigeria’s self-sufficiency in tomato production Nigeria is set to achieve self-sufficiency in tomato production in the next one year following the attainment of daily production of one million tomato nurseries. The daily production of tomato nurseries was driven...

REA Supports 80,000 Shops with off-Grid Electricity The Rural Electrification Agency (REA) is supporting 80,000 shops across the country with off-grid electricity in 2019. This happens as the Power, Works and Housing Minister, Babatunde Raji Fashola, said the Federal Government is...

OB3 Pipelines Project for Completion in Q2 2019 – Baru The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, says the Federal Government’s “OB3” gas pipelines project will be completed in the second quarter of 2019. Baru gave...

Over 1,000 containers at Apapa Port Cleared by Customs Comptroller Bashir Abubakar, Controller, Customs Apapa Area 1 Command, says more than 1,000 containers with different challenges are being streamlined for quick clearance by stakeholders at the Apapa Port. Abubakar said this...

Total Finds Huge oil and gas deposit in South Africa Total has announced a major oil and gas discovery in South Africa in the offshore Southern Outeniqua Basin which runs parallel to the Southern Cape coast. The gas find is estimated...