eNaira on Campus: A Familiar Coming Together Between Innovation and Education, by Abdulrahman Abdulraheem   In October 2021, Nigeria became the first country in Africa to adopt any form of official digital currency. The Central Bank Digital Currency (CBDC) was launched with pomp and pageantry by...

RIPAN Knocks Saboteurs Behind Border Re-Opening Video, Cautions FG The Rice Processors Association of Nigeria, RIPAN, suspects that persons and groups who do not wish the Nigerian economy well, were behind the re-circulation of an old video where the Idiroko Border was re-opened. PRNigeria reports that...

NPA Upgrades Harbour Operations to Increase Investment   The Nigerian Ports Authority (NPA) has commenced upgrades to its infrastructure and equipment to improve communications with visiting vessels and reduce vessel turnaround times. Speaking, yesterday, at the commissioning of its Control Tower at the Apapa Port Complex, NPA’s...

Manufactured Exports Fall By 40% In Q1, Says NBS   The National Bureau of Statistics’ Foreign Trade Statistics report, released on Monday, indicates a significant 40 per cent decrease in the value of traded manufactured goods in Q1 2023, which declined from N219bn in the corresponding...

NGX Trading Falls As Investors Lose N37bn   Investors on the Nigerian Exchange on Thursday lost N37bn due to losses recorded by Stanbic IBTC holdings (-3.02 per cent), Wapic (-6.52 per cent), GlaxoSmithKline (-5.30 per cent), FCMB (-2.17 per cent) and others. Both the All-Share Index and...

Marketers Convert 800 Petrol Tankers to Gas Supply   Oil marketers are currently converting some of their trucks to start supplying gas to filling stations in order to dispense Compressed Natural Gas to vehicles that run on gas. It was gathered on Thursday that about 800 tankers...