CBN Settles $7bn Verified Forex Backlog   Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has disclosed that his administration has cleared over $7 billion in verified foreign exchange backlogs within two years in office. He said the CBN under his watch has also...

NCDMB, NEXIM Release N62bn to Boost Oil & Gas SMEs   As part of the measures to empower Nigeria’s oil and gas services sector, the Nigerian Content Development and Monitoriong Board (NCDMB), and Nigerian Export Import Bank (NEXIM) have disbursed about $42 million (about N62bn) to...

Dangote Refinery Now Produces 20m Litres of Fuel Daily - NMDPRA   The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Farouk Ahmed, has disclosed that the 650,000-barrel-per-day Dangote refinery has begun to transform Nigeria’s petroleum supply landscape, contributing an average of...

NGX Surges by N308bn on Strong Blue-Chip Demand   The Nigerian Exchange Limited (NGX) extended its bullish run on Thursday, gaining N308bn in market capitalisation as sustained investor interest in blue-chip stocks lifted the overall performance of the market. At the close of trading, the market capitalisation...

N4.46trn Livestock Imports Drive Domestic Growth Initiative   Nigeria has imported livestock products worth N4.46tn in 66 months, a figure that stakeholders struggle to reconcile. While the data does not specify the exact components, industry players support the importation of high-yielding animal species for cross-breeding but...

FutureMap Graduates Over 1,000 Students from STEAM Camp in Jigawa More than 1,000 secondary school students from Jigawa State have successfully completed a three-week intensive Science, Technology, Engineering, Arts, and Mathematics (STEAM) camp designed to bridge the gap in science and tech education. Organized by the...