CBN Enforces Local Content In Mass Metering Facility         The Central Bank of Nigeria has prohibited the use of its National Mass Metering Programme facility for procurement of fully assembled meters from overseas, and metering infrastructure. It said this in its report on ‘Framework for financing of...

2019 Financials: NNPC At Risk Of Bankruptcy — Auditors, Management Warn       Independent auditors and management of the Nigerian National Petroleum Corporation, NNPC, have raised doubts over the ability of the corporation to continue as a going concern, following rising losses and negative capital as a...

FG Expecting One million MT Steel From $1.5bn Plant – Minister       The Federal Government has said that the $1.5bn steel plant that is nearing completion in Kaduna State will attract automobile industries to Nigeria when completed. Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed...

We’ll Support Farmers With Interest-free Loans – Fed Govt       The Federal Government on Sunday said it would support farmers across the country with interest-free loans. Minister of Agriculture and Rural Development, Sabo Nanono, said his ministry would work with the Central Bank of Nigeria in providing...

FG To Invest N198.28bn In Power Projects       The Federal Government is to invest N198.28bn on various capital projects in the power sector in different parts of the country in 2021. Different sectors in the power industry have been mapped out to partake in the N198.28bn fund...

NEPC Prepares Non-oil Exporters For European Market Deals       The Nigerian Export Promotion Council has said it is sentising and preparing non-oil exporters for opportunities in the European market. A statement on Sunday entitled, “NEPC sensitise non- oil exporters as Europe offers mega opportunities,” said this was...