Wednesday, November 30, 2022
CBN Governor, Godwin Emefiele

Emefiele Says Non-Oil Exporters Fetched Nigeria N2.1trn Forex This Year

Emefiele Says Non-Oil Exporters Fetched Nigeria N2.1trn Forex This Year   The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said $4.987 billion...
Crude Oil Prices

Oil Price Gains 2%, Rises To $85/Barrel

Oil Price Gains 2%, Rises To $85/Barrel   The global benchmark for crude oil, Brent Crude, has risen by 2.5 per cent and traded above $85...
Cocoa Farmers

Cocoa Output to Shrink by 15% on Black Pod Disease

Cocoa Output to Shrink by 15% on Black Pod Disease The Cocoa Association of Nigeria has decried the loss of cocoa farming caused by the...

Telecoms Contribution to GDP Rises by 10%, Hits 7trn in 2022

Telecoms Contribution to GDP Rises by 10%, Hits 7trn in 2022 The National Bureau of Statistics recent report has shown that the contributions of telecommunications...

FG Compulsory NIN for Business Registration

FG Compulsory NIN for Business Registration The federal government has announced that Nigerians would no longer be able to register businesses without having the National...

Buhari Signs Approval of N80bn for Reconstruction of Sapele-Benin, Amukpe-Agbor Roads

Buhari Signs Approval of N80bn for Reconstruction of Sapele-Benin, Amukpe-Agbor Roads The President, Major General Muhammadu Buhari (retd.) has approved N80billion for the reconstruction of...
NDIC MD, Bello Hassan

Depositors Of Failed Banks Received N11.83bn in Q2, Says NDIC

Depositors Of Failed Banks Received N11.83bn in Q2, Says NDIC The Nigeria Deposit Insurance Corporation (NDIC) has reported that it paid N11.83 billion to 443,949...

UK, Nigeria Trade Volume Rises to £5.5bn

UK, Nigeria Trade Volume Rises to £5.5bn The United Kingdom has disclosed that total trade in goods and services (exports plus imports) between it and...
The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo

FG Launches Portal to Facilitate Trade Reforms

FG Launches Portal to Facilitate Trade Reforms The Federal Ministry of Industry, Trade and Investment has launched the Nigeria Trade Information Portal in compliance with...
Gas Plant

NNPC, NIPCO, Lekki Free Zone Sign Gas Deal

NNPC, NIPCO, Lekki Free Zone Sign Gas Deal   The Nigeria National Petroleum Company Ltd and NIPCO Gas Limited have penned their signature on a gas...
Nigerian Stock Exchange

In Five Days, Investors Staked N15.3bn On Equities

In Five Days, Investors Staked N15.3bn On Equities   At the close of transactions last week, a turnover of 711.6 million shares worth N15.3 billion was...
Forex-Market

Annual UK-study Expenses Now $2.5bn Amid Forex Scarcity

Annual UK-study Expenses Now $2.5bn Amid Forex Scarcity   The Governor, Central Bank of Nigeria, Godwin Emefiele, has said annual foreign exchange outflow on study-related to...
5G Connection

Again, US Ban new Huawei Equipments as the Coy Highlights 5G Benefits in Nigeria

Again, US Ban new Huawei Equipments as the Coy Highlights 5G Benefits in Nigeria Though the government of the United States of America (USA) accused...
Brig.Gen. Mohamed Buba Marwa (Retd)

NDLEA, French Police Commence Partnership

NDLEA, French Police Commence Partnership Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency, NDLEA, Brig. Gen. Mohamed Buba Marwa (Retd) has commended the...

Syinix Electronics Firm Launches Food Machine

Syinix Electronics Firm Launches Food Machine A global smart home appliance brand, Syinix Electronics, has announced the launch of its entry point appliance, Syinix Swallow...

Agric, ICT Boost GDP To 2.25% In Q3 – NBS

Agric, ICT Boost GDP To 2.25% In Q3 - NBS Information and Communication Technology (ICT) and agriculture are among the key sectors that boosted the...

CBN Disburses N1tn to Anchor Borrowers Programme Farmers

CBN Disburses N1tn to Anchor Borrowers Programme The Central Bank of Nigeria is targeting 95 per cent financial inclusion by 2024. In line with that, the...

Prices May Soar as Inflation Hits Bottled Water Producers

Prices May Soar as Inflation Hits Bottled Water Producers The Association of Table Water Producers of Nigeria has announced plans to shut down operations, and...

Airline Operators Blame FAAN for Flight Delays, Cancellations

Airline Operators Blame FAAN for Flight Delays, Cancellations The Airline Operators of Nigeria has blamed the Federal Airports Authority of Nigeria for the flight delays...

Govs Take FG to Court, Reject Sale of Power Plants

Govs Take FG to Court, Reject Sale of Power Plants The Nigeria Governors’ Forum has rejected the sale of 10 power plants and taken the...