Inflation Looms As Manufactured Goods Drop By 36% To N2.87trn   The value of manufactured goods traded tumbled by 36 per cent from N4.51tn in the second quarter of 2021 to N2.87tn in the corresponding period of 2022. This is according to the foreign trade report by...

SB4kids : NITDA Trains 859 Kids on Emerging Technologies By Abbas Badmus The National Information Technology Development Agency (NITDA) has trained 859 kids on Coding in Abuja, Lagos and Kano States. NITDA at the end of the training urged the kids to develop indigenous Coding languages, and...

CBN Seeks to Boost the Operations of indigenous oil refiners CORAN, the umbrella body of indigenous crude oil refiners in Nigeria, has urged the Central Bank of Nigeria (CBN) to establish crude refinery intervention funds, similar to the Agricultural Credit Fund and Pharmaceutical Fund, which...

FEC Okays N829m To Rehabilitate Anambra-Enugu Link Road   The Federal Executive Council (FEC) on Wednesday in Abuja approved the sum of N829.8 million as revised estimated cost for the rehabilitation of a road linking Anambra and Enugu States. Contract for the rehabilitation of the road was...

Currency In Circulation Drops To N3.24trn   Currency in circulation fell by N107.08bn from N3.35tn in April to N3.24tn in July, latest figures on currency from the Central Bank of Nigeria has revealed. According to the CBN, the CIC which stood at N3.33tn in May fell to...

Fed Govt Grows VAT By 20%, Rakes In N1.2trn   The Federal Government through the Federal Inland Revenue Service has grown its proceeds of Value of Added Tax by 20 per cent to N1.2tn in the first six months of 2022. According to different reports by the...