In 2019, Nigeria Lost $1.4bn To Chemical Importation – NARICT   The Director-General, National Research Institute for Chemical Technology (NARICT), Zaria, Prof. Jeffrey Barminas, said that Nigeria lost $1.4bn to importation of chemicals in 2019. He made the disclosure on Thursday at an interactive session in Abuja...

MAN, LCCI Decry Inaccessible N50bn COVID-19 Loan     Many Micro, Small and Medium Enterprises who are members of the organised private sector have decried their inability to access the loan offered by the Central Bank of Nigeria for MSMEs and household impacted by the coronavirus pandemic. It...

CBN Disburses N635.39bn To Commercial Farmers     The total amount disbursed to farmers under the Commercial Agriculture Credit Scheme from inception in 2009 rose to N635.39bn as of the end of March 2020. The Central Bank of Nigeria disclosed this in its “Economic report for the first...

In Six Months, Telecom Stocks Gained N366bn     Shareholders of telecommunications services companies quoted on the main and premium boards of the nation’s stock market recorded a gain of about N366bn in the first half of the year 2020 following positive market sentiment on the stocks...

Fed Govt Approves N10.5bn For Ports   The Federal Government yesterday approved projects in two memoranda worth above N10.5 billion for the Nigerian Customs Service (NCS). The projects include cargo scanners for the Onne and Port Harcourt ports in Rivers State, and Tin Can Island Port in...

OPS Demands Account For N35trn Debt In Ten Years     The Organised Private Sector (OPS), has challenged the Federal Government to give a proper account for over N35 trillion accumulated debt in the last 10 years. They argued that just over a decade after Nigeria got debt...