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Gender Inclusion: FG, Japan to Partner on Agriculture for Economic Development

Gender Inclusion: FG, Japan to Partner on Agriculture for Economic Development  The Federal Ministry of Women Affairs in an effort to ensure the participation of women in the economic development of the country has expressed its readiness to collaborate with the Japanese Government in the...

FG Announces Plan to Review Mining Licence Rates

FG Announces Plan to Review Mining Licence Rates The Federal Government, through the Ministry of Solid Minerals Development, has announced plans to review the rates of mining licences and other fees payable by mining operators in the country. According to the minister, in a statement signed...

Naira Closes 1,402/$ at Official Market

Naira Closes 1,402/$ at Official Market The naira traded at a loss at the official market, depreciating to N1,402 against the United States dollar on Thursday. According to data from the FMDQ exchange securities, the naira dropped by N12 or 0.86 per cent from the N1,390...

Power Generation Rises to 4,800MW, Minister Discloses

Power Generation Rises to 4,800MW, Minister Discloses The Federal Government says Nigeria’s electricity generation has risen to 4,800 megawatts up from around 3500 in March. This is as the government accused some “cartels and cabals” as those who did not want the power sector to function...

9,000 Oil Marketers May Lose Licences, IPMAN Seeks FG’s intervention

9,000 Oil Marketers May Lose Licences, IPMAN Seeks FG’s intervention As Nigerians battle fuel scarcity, over 9,000 oil marketers are on the verge of losing their operating licences. As a result, the Independent Petroleum Marketers Association of Nigeria (IPMAN) is urging the Nigerian National Petroleum Company...

Again, Dollar Strengthens Against Naira, Now N1,350/$

Again, Dollar Strengthens Against Naira, Now N1,350/$ The naira further depreciated to N1,350 per dollar at the parallel section of the foreign exchange (FX) market on Monday. The current FX rate represents a 2.27 percent decline from N1,320/$ traded on April 26. Currency traders, known as bureau...