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BUK Student Bags Overall Campus Journalist Award, NOUN VC, MD NCBN, Others Honored

BUK Student Bags Overall Campus Journalist Award, NOUN VC, MD NCBN, Others Honored         A final year student of the Department of Information and Media Studies Bayero University Kano (BUK), Mohammad Dahiru Lawal has emerged the overall Campus Journalist of the year in the just Campus...

Nigeria’s Q3 Oil Exports Rise By 56% To N2.42trn

Nigeria’s Q3 Oil Exports Rise By 56% To N2.42trn         Nigeria more than doubled its crude oil exports in the third quarter of this year to N2.42tn after months of struggling to find buyers amid the collapse in demand. Crude oil exports grew in value by 56...

REA Secures World Bank, AfDB Funds For Power Projects

REA Secures World Bank, AfDB Funds For Power Projects         The Rural Electrification Agency has secured funding from the World Bank and the African Development Bank for the development of power projects in universities and teaching hospitals. The Managing Director of REA, Ahmad Salihijo, disclosed this at...

COVID-19: Airlines Face New Threat As Second Wave Spreads

COVID-19: Airlines Face New Threat As Second Wave Spreads       With the rising cases of COVID-19 in Nigeria and other countries, Nigerian airlines are likely to be hard hit again by the impact of the looming second wave on air travel. Aviation experts have expressed worry that...

Inflation May Peak At 15.62% In Q2, 2021 — CBN Report

Inflation May Peak At 15.62% In Q2, 2021 — CBN Report       The inflation rate in Nigeria is expected to further rise from the current 14.23 per cent to 15.62 per cent in the next six months, a monthly Central Bank of Nigeria (CBN) survey of...

Banks’ Income From Forex Trading Rose By 114% To N145bn

Banks’ Income From Forex Trading Rose By 114% To N145bn         Notwithstanding the sharp depreciation of the Naira and the acute dollar shortage in the economy, income from foreign exchange trading by Nigeria’s top banks rose sharply by 110 percent, year-on-year, to N145 billion in the...