Thursday, July 28, 2022

FEC Approves $196 bpd for 2023-2025 MTEF 

FEC Approves $196 bpd for 2023-2025 MTEF  The Federal Executive Council (FEC) has approved the 2023- 2025 Medium Term Expenditure Framework (MTEF). The Minister of Finance, Budget...
Naira Against Dollar

Naira Crash Due To Higher Dollar Demand, FX Supply Gaps

Naira Crash Due To Higher Dollar Demand, FX Supply Gaps   The naira crash to about N630 to dollar at the parallel market has been linked...
Manufacturers Association of Nigeria

Made-in-Nigeria Products Decline By 27% To N7.4trn

Made-in-Nigeria Products Decline By 27% To N7.4trn   The monetary value of goods produced by Nigerian manufacturers has nosedived by 27 per cent between 2017 and...
Sen Hadi Sirika, Aviation Minister

No Immediate Solution To Aviation Crisis, Says FG

No Immediate Solution To Aviation Crisis, Says FG   There are no immediate solutions to the current crisis rocking Nigeria’s aviation sector as the cause of...
Bitumen

FG Seeks Investors For Bitumen Development

FG Seeks Investors For Bitumen Development   The Federal Government is seeking national and international investors interested in the development of the nation’s 42 billion barrels...
RMAFC

RMAFC Says Petroleum Act Won’t Stop IOCs’ Nigeria Divestments

RMAFC Says Petroleum Act Won’t Stop IOCs’ Nigeria Divestments   The Petroleum Industry Act 2021 may not stop the trend of divestments by international oil companies...
Banks

OPS and Banks Brainstorm Economic Growth Synergies

OPS and Banks Brainstorm Economic Growth Synergies Nigerian banks and the Organised Private Sector has said they will address critical areas of concerns and strategise...

PIN to Organize Workshop For Tech Companies, Startups By Abbas Badmus

PIN to Organize Workshop For Tech Companies, Startups By Abbas Badmus Paradigm Initiative, PIN, a tech driven non-governmental organization is organizing a capacity building training for...
EFCC

Alfa, Herbalist, Arrested For Allegedly Defrauding Rep Aspirant of N24m

Alfa, Herbalist, Arrested For Allegedly Defrauding Rep Aspirant of N24m Operatives of the Economic and Financial Crimes Commission, EFCC, Lagos Command have arrested two self-acclaimed...

Senate: Buhari Writes to Confirm Justice Ariwoola as CJN

Senate: Buhari Writes to Confirm Justice Ariwoola as CJN The Senate has received a formal request from President Muhammadu Buhari, to confirm the nomination of...
Bread Bakery

Inflation: Bakers to Increase Price of Bread by 20%

Inflation: Bakers to Increase Price of Bread by 20% The price of bread is expected to rise by 20 with the bakers divided on how...

Fidelity Launches Apprenticeship Support Initiative For Women

Fidelity Launches Apprenticeship Support Initiative For Women Fidelity Bank Plc has launched an Apprenticeship Support Initiative as part of its strategy to encourage women-led small...
Manufacturers Association of Nigeria

Manufacturers Seek Removal Of 7.5% VAT On Diesel

Manufacturers Seek Removal Of 7.5% VAT On Diesel   The Manufacturers Association of Nigeria (MAN) has called on the federal government to remove the 7.5 per...
Central Bank of Nigeria

Currency In Circulation Declines By N72.5bn In June – CBN

Currency In Circulation Declines By N72.5bn In June - CBN   Following the Central Bank of Nigeria (CBN) to manage exchange rate, currency in circulation dropped...
Fuel Subsidy

Removal Of Subsidy, NNPC Import Monopoly’ll End Queues – Marketers

Removal Of Subsidy, NNPC Import Monopoly’ll End Queues – Marketers   Queues for Premium Motor Spirit, popularly called petrol, will end when the Federal Government halts...
Nigerian Stock Exchange

Shares In UBA, GTCO, Others Lift Market Turnover By N14.8bn

Shares In UBA, GTCO, Others Lift Market Turnover By N14.8bn Heavy transactions in the shares of United Bank for Africa (UBA), Guaranty Trust Holding Company...
Marginal Oil Fields

Operators May Generate N4.37trn From Marginal Oil Fields

Operators May Generate N4.37trn From Marginal Oil Fields   Operators of the new marginal oil fields are expected to earn significant revenue from the fields. Proposed crude...
House of Representatives

Reps Summon Finance Minister, Others Over Power Plants Sale

Reps Summon Finance Minister, Others Over Power Plants Sale   The House of Representatives’ Committee on Finance has summoned the Ministers of Finance, Budget and National...

Appointment: Buhari Approves 3 New Perm Secs.

Appointment: Buhari Approves 3 New Perm Secs. President Muhammadu Buhari has approved the appointment of three new Permanent Secretaries in the Federal Civil Service following...

Expect Flight Delays, Cancellation, Airlines Tell Passengers

Expect Flight Delays, Cancellation, Airlines Tell Passengers Airline Operators of Nigeria (AON) has alerted members of the flying public of shortage of aviation fuel, saying...