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NNPCL May Halt Petrol Import As Depots Price Nears N1,000/Litre

NNPCL May Halt Petrol Import As Depots Price Nears N1,000/Litre The pump prices of Premium Motor Spirit, popularly known as petrol, may rise above N1,000/litre in filling stations as the cost of the commodity in some private depots has been increased to between N920 and...

NITDA Announces Date for Digital Nigeria International Conference & Exhibition 2024

NITDA Announces Date for Digital Nigeria International Conference & Exhibition 2024 The National Information Technology Development Agency (NITDA) has announced the upcoming Digital Nigeria International Conference & Exhibition (DNICE) 2024, set to take place from October 22 to 24, 2024. Held in partnership with Brevity...

Nigeria’s FX Reserves Fall to $36.32bn

Nigeria's FX Reserves Fall to $36.32bn According to data released by the Central Bank of Nigeria (CBN), the nation's foreign exchange reserves fell to $36.32bn as of August 29, 2024, according to data released by the Central Bank of Nigeria. This marks a decline from the...

Commercial Banks Loan N4.68 Trillion to Nigeria’s Agricultural Sector from 2018 to 2022 – Report 

Commercial Banks Loan N4.68 Trillion to Nigeria's Agricultural Sector from 2018 to 2022 - Report  In a recent report, Nigeria's commercial banks reportedly provided N4.68 trillion in loans to the agricultural industry between 2018 and 2022. This finding comes at a critical time as the Federal...

PRNigeria Factcheck Debunks Claims of Massacre of over 150 Abducted Victims in Sokoto

PRNigeria Factcheck Debunks Claims of Massacre of over 150 Abducted Victims in Sokoto A viral video claiming to show bandits massacring over 150 kidnapped victims in Sokoto State has been debunked as false. The video, which circulated on WhatsApp, purportedly showed gunmen killing abducted victims...

Customs Service, NLNG and Recalibrating Nigeria’s Economy By Abdulsalam Mahmud

Customs Service, NLNG and Recalibrating Nigeria's Economy By Abdulsalam Mahmud Nigeria's economy, at the moment, is not in its best state. It appears to be anaemic, and not growing in any positive direction. Corruption and ineffective government policies, together with several other challenges, are stunting its...