Peacekeeping: UN Owes Nigeria, 4 Others N127bn
The United Nations (UN) is indebted to Nigerian army and other four countries to the tune of N127 billion through her participation in the...
Nigeria And Argentine Republic Relate On Job Creation
The Honourable Minister of Labour and Productivity, Chief Emeka Wogu CON, has revealed that the main policy trust of the present administration is to...
Naira Firms up on Moderate Dollar Demand
The naira firmed against the United States dollar at both the bureaux de change (BDC) and parallel market segments Monday as a result of...
Mobile Internet subscription grows by 22 million
Internet subscription through the Global System for Mobile Communication networks leapt by 22.07 million to reach 50.41 million between August 2012 and July 2013,...
FG Unlocks N3bn for Micro-enterprises in 9 Months
The federal government has unlocked N3 billion, through the National Enterprise Development Programme (NEDEP), for micro enterprises across all the states of the federation...
Fed Govt earns N6.6tr in eight months, says CBN report
• August earnings dip to N760b
Federal Government’s total gross revenue for eight months ended August stood at N6.61 trillion, the Central Bank of Nigeria...
DMO pegs Fed Govt’s borrowing in 2014 at N1.24 tr
The Debt Management Office (DMO) has ruled that the maximum amount that could be borrowed in 2014 is N1,249.52 trillion or US$7.834 billion (domestic...
NPC/UNICEF Collaborate To Establish Evaluators Body In Nigeria
National Planning Commission, in close collaboration with the UNICEF Evaluation Office, has began the process of establishing an Association for Evaluators in Nigeria (EAN),...
Agriculture Is Big Business, Not Social Service – Aina
Chief Olu Aina is the chairman of the recently constituted board of the Governing Council of the National Root Crops Research Institute (NRCRI), Umudike,...
CBN, NDIC takeover NERFUND over N5.7b loss
The Central Bank of Nigeria (CBN) and the Nigeria Deposit Insurance Corporation (NDIC) have taken over the management of the National Economic Reconstruction Fund...
‘Investment in human capacity development, surest way to maritime industry growth’
The Nigerian Maritime Administration and Safety Agency (NIMASA) has said that its decision to invest heavily in human capital development was borne out of...
Manufacturing exporters get N12bn NEXIM funding
Nigerian Export-Import Bank (NEXIM) has stated that it has provided N12 billion in lending to Nigerian export manufacturers, many of who put the “Proudly...
Senate, FG Bicker Over CAC Board Appointment, Budget
The Minister of Trade and Investment, Dr. Olusegun Aganga, and the Senate Committee on Trade yesterday, differed on legislative moves to amend the Company...
All-Share Index Hits 2-month High on Q3 Results
The Nigerian Stock Exchange (NSE) All-Share Index rose to a two-month high Wednesday, as investors’ expectation for impressive third quarter (Q3) results of companies...
Dangote plans $34.7bn fresh investment in economy
The President of Dangote Group, Alhaji Aliko Dangote, has said that the Group is poised to make an additional investment totaling $US 34.7 billion...
Nigeria’s Sovereign Wealth Fund And Intergenerational Equity
On May 11, 2011 the Nigerian Senate approved the Nigeria Sovereign Investment Authority Bill, 2010, which sought to establish a sovereign wealth fund to...
We aim to unlock agricultural potential to drive economy — Akinwumi Adesina
Since men have learnt to shoot without missing, Eneke the bird has learnt to fly without perching. This seems to be the approach adopted...
Restricting importation of foreign currencies
THE Central Bank of Nigeria (CBN) rose in stout defence of the value of the Naira last week as it expressly proscribed the importation...
Govt to establish $400m development finance institution
The Federal Government has said that it will set up a development finance institution that will make access to funds easy in the economy.
The...
Nigeria-UK Trade Increases to N1.8 Trillion, Says Tafida
The volume of trade between Nigeria and the United Kingdom (UK) has increased to about £7.2 billion (N1.8trillion), with the balance of trade still...
