Buhari: NBS Data Show We're Making Progress
President Muhammadu Buhari says the recent data reeled out by the National Bureau of Statistics show that his administration is doing well.
Buhari said this on Wednesday during a Gala Night organised by beneficiaries of the government’s Anchor Borrowers...
Nigeria To Run Out Of Oil In 52 Years, Says DPR
If new crude oil discoveries are not made to add to Nigeria’s current reserves of 36.971 billion barrels (bbls), the country will run out of oil in about 52 years, the Department of Petroleum...
As Electricity Supply Improves, Manufacturers Spend N43bn On Alternative Energy Source
With electricity supply, particularly from the distribution companies remaining at an average of nine hours a day in the first half (H1) of 2018, local manufacturers’ expenditure on alternative energy source stood at N43.19...
Customs Impound 238,094 Bags Of Rice In 11months
The Nigeria Customs Service has said that it seized 238,094(50kg) bags of rice across Nigeria from January to November.
Other items seized were arms and ammunitions, dangerous drugs as well as vehicles.
The Public Relations Officer, NCS, Joseph Attah,...
Merger: As Investors React, Diamond, Access Bank Share Prices Rise
The share prices of Diamond Bank Plc and Access Bank Plc increased by 9.47 per cent and 9.40 per cent, respectively, as they confirmed their proposed merger in the early hours of Monday.
Diamond Bank emerged...
On Forex,CBN Spends $11bn This Year
The Central Bank of Nigeria (CBN) has spent $11bn in foreign exchange interventions in the various segments of the interbank market in from January to December 2018.
The interventions, as released by the CBN from time to time and computed...
