NSIB, Others Partner to Enhance Safety on Rail, Roads
The Nigerian Safety Investigation Bureau (NSIB) has assured that it would deepen its relationships with the Lagos State Emergency Management Agency (LASEMA) and the Nigerian Railway Corporation (NRC) through a Memorandum of Understanding (MOU) on ways of...
FEC Approves N454bn for Kano-Niger Republic Rail Project, others
The Federal Executive Council has approved the sum of N453.90bn for the procurement of rolling stock, operation and maintenance equipment for the Kano-Maradi standard gauge rail line currently under construction.
The amount also includes N510.93m meant for...
FG Commences Enforcement of Oil Measurement Law
The Federal Government says it has commenced the enforcement of the Petroleum Measurement Regulations, as well as five other laws in the midstream and downstream oil sectors.
Disclosing this on Wednesday through the Nigerian Midstream and Downstream Petroleum Regulatory...
Cash Crunch: Emefiele Apologises For Failed Electronic Transactions
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has apologised to Nigerians for the rise in failed electronic banking transactions.
The CBN boss spoke at the end of the two-day monetary policy committee meeting in Abuja...
18% Rate: Economists Fault MPC Over Increase
Economists have faulted the Monetary Policy Committee of the Central Bank of Nigeria over its decision to increase the benchmark interest rate by 50 basis points to 18 per cent from 17.5 per cent.
The experts spoke in reaction...
Market Rebounds, Investors Gain N10bn After Bearish Run
The bearish run of the Nigerian Exchange Limited was halted on Tuesday as the market rebounded with N10bn gain for investors.
The equities market capitalisation appreciated by 0.03 per cent to N29.909tn, the same percentage as the All...
