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Tuesday, July 23, 2019

Nigeria Spends $2bn Annually On honey Importation – FG

Nigeria Spends $2bn Annually On honey Importation - FG Nigeria spends over $2bn annually on the importation of honey, the Federal Government has said. According to...

Niger Partners USADF in Agric-Value Chain, Others

Niger Partners USADF in Agric-Value Chain, Others Niger State Government is to partner with United States African Development Foundation(USADF) in agricultural value-chain, off-grid energy and...
barrel

US Cuts Imports Of Nigerian Crude By 43%

US Cuts Imports Of Nigerian Crude By 43%   The United States cut its imports of Nigerian crude oil by 48.87 million barrels or 43 per...

Soludo: 41 Items’ Restriction will Deter FX Rate Convergence

A former central bank governor, Professor Charles Soludo, has called for the complete elimination of the “41 restricted item” by the CBN if it...
NNPC Towers

55 Depots Nationwide Stocked with Petroleum Products, says NNPC

55 Depots Nationwide Stocked with Petroleum Products, says NNPC The Nigerian National Petroleum Corporation (NNPC) has said that 55 depots nationwide have been stocked with...

MTN To Boost Small Businesses, Reveals LED Board

MTN To Boost Small Businesses, Reveals LED Board   To boost the development of the small and medium enterprises (SMEs) in Nigeria, MTN has introduced a...
FG

2017 Budget: Minister to Give Breakdown of N7.30trn, Monday

The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, will give a breakdown of the N7.30 trillion 2017 budget estimates on Monday,...
cbn

FDI: CBN Allays Fear over Forex Sanctions

FDI: CBN Allays Fear over Forex Sanctions The Central Bank of Nigeria (CBN) acknowledges the public interest over sanctions recently imposed on four deposit money...

TSA: Over N2.7 trillion collected

AT least N2.7 trillion has so far been collected on the Treasury Single Account, TSA, platform according to a release from the Office of...

Arik, Aero Turn Investors Choiced Air-Operators

Arik, Aero Turn Investors Choiced Air-Operators   Many local and international investors are showing interest in investing in Arik Air and Aero Contractors, our correspondent has...

Oil Marketers want N800bn Subsidy debt Settled

Oil Marketers want N800bn Subsidy debt Settled …… Assures products availability across the country Oil Marketers under the aegis of Major Oil Marketers Association of Nigeria...

China votes $6.7b to develop Nigeria’s agriculture

Economic and Commercial Counselor, Mr Zhao Linxiang, has said his country promised $6.7 billion to develop Nigeria’s agriculture through training of hundreds of Nigerians...

Oil Prices Hit  Highest At $58.37 Per Barrel

Crude oil prices at the international market have hit a more than two-year high after major producers said the global market was on its...
cbn

CBN to Move against Banks over Poor Services

• Urges public to reject inefficiency • ‘Delay in funds transfer, system failure not acceptable’ The Central Bank of Nigeria (CBN) has warned the nation’s banks...

FG Fixes Charges for Abuja-Kaduna Rail Service

The Federal Government is set to inaugurate the completed Abuja-Kaduna rail project and has fixed the boarding fees for passengers who intend to use...

Cyber Terrorists Target Nigerian Banks, Others

Cyber Terrorists Target Nigerian Banks, Others Hackers believed to have emanted from Asia are gearing for a massive cyber-attack targeting companies, including banks and government...

Loan: China not father Christmas- Envoy

Loan: China not father Christmas- Envoy The Charge d’ Affaires of China Embassy in Nigeria, Mr Lin Jing, says China is not a Father Christmas,...

Petrol Crisis May Worsen As Depot Price Hits N165 Per Litre

Petrol Crisis May Worsen As Depot Price Hits N165 Per Litre Despite what seems like its best efforts of the Nigerian National Petroleum Corporation (NNPC)...

House Of Representatives To Visit Arik, Aero Airlines

House Of Representatives To Visit Arik, Aero Airlines The Chairman of House of Representatives Committee on Banking and Currency, Hon. Sir Jones Chukwudi Onyereri has...

Current Lending Rate Not Making Mining Operations Profitable

THE current bank lending rate of 20-27 per cent will not make mining operations profitable in Nigeria. The Zonal Chairman, Nigerian Society of Mining Engineers,...