Cardoso, Edun, Others Appear Before Senate Committee
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has addressed Senator Adetokunbo Abiru, APC Lagos, East-led Senate Committee on Banking, Insurance, and other Financial Institutions.
Edun, who led the economic team, the Governor of the...
Forex: Nigeria Lost $1.4 billion Over Restrictions
According to the Central Bank of Nigeria (CBN), Nigeria has lost approximately $1.4 billion over the restriction of forex to 43 items by the Central Bank under the leadership of Godwin Emefiele.
The Deputy Governor of the CBN in...
Why CBN, NNPCL Agree to Domicile Oil Firm's Revenue in Apex Bank
In an effort to improve efficiency and bolster their commercial activities, the Nigerian National Petroleum Company Limited (NNPC Ltd) and the Central Bank of Nigeria (CBN) have announced their intentions to strengthen their...
APM Terminals to Invest $500m in Developing Apapa Ports
The owners of APM Terminals have expressed their readiness to invest half a billion dollars in Apapa port to make it one of the biggest in Africa.
This was disclosed by the Global CEO of APM Terminals,...
LCCI: FG Must Address Mineral Challenges To Reduce Oil Dependency
The Lagos Chamber of Commerce and Industry (LCCI), has charged the Federal Government that, even though the policy to regulate the solid minerals sector in Nigeria has potential economic benefits, the need to address the...
Our Plan to Make Nigeria Globally Competitive in Sugar Production - NSDC BossÂ
The Executive Secretary of the National Sugar Development Council, Mr Kamar Bakrin, has pledged his commitment to driving more investments into the sugar sector through the effective implementation of the Nigeria Sugar...