Ibom Deep Seaport First Phase To Gulp $2bn, Says Commissioner         Akwa Ibom State Commissioner for Economic Development and Ibom Deep Sea Ports, Mr Akan Okon, has said the construction of the first phase of the Ibom Deep Seaport and Industrial City in the state would...

Senate Passes N453.2bn NDDC’s 2020 Budget         The Senate on Monday passed the sum of N453,200,000,000.00 as the budget of the Niger Delta Development Commission (NDDC) for the 2020 fiscal year. This followed the presentation of the report of the Senate Committee on Niger Delta Affairs by...

Average Price Per Litre Of Kerosene Increases In November - NBS         The average price per litre paid by consumers for National Household Kerosene increased to N353.38 in November from N352.93 in October, the National Bureau of Statistics (NBS) says. The Bureau made this known in its...

Reps Urge Extension of SIM Card Registration, NIN Linkage Deadline         The House of Representatives yesterday urged the federal government to extend the deadline for the synchronisation of subscribers’ SIM card registration with their National Identification Number (NIN) by telecommunication service providers to 10 weeks. The Minister...

Poultry Sector Gets Boost with N12.5bn CBN Largess The Central Bank of Nigeria (CBN) has released the sum of N12.552 billion to large, medium and small-scale poultry farmers in the country as part of its strategy to boost egg and meat production as well as...

Banks’ Non-performing Loans Now N1.17trn – NBS         Non-performing loans in the Nigerian banking sector fell by N42.4bn in three months, latest figures from the National Bureau of Statistics have shown. According to figures obtained from the NBS’ latest Selected Banking Sector Data Report on Sunday, the...