The Nigeria Governors’ Forum (NGF) has set up a six-member committee to engage the Central Bank of Nigeria (CBN) to address anomalies in the country’s monetary management and financial system. The forum disclosed this in a communique issued during the…
The National Bureau of Statistics (NBS) has said that Nigerians paid an average of N206 per litre of fuel (also known as premium motor spirit or PMS) in December 2022. According to the latest PMS Price Watch Report which was…
The National Association of Energy Correspondents (NAEC) have called on government agencies responsible for regulation and supply to immediately arrest the worsening fuel scarcity in the country to justify huge public expenditure on internal subsidy. In a statement issued on…
By Matthew Denis Managing Director of the Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba, has said that the appointment of Princess Abiodun Anifalaje as the new Deputy National Coordinator of the Gemstones Miners and Marketers Association of Nigeria…
There was drama at the Federal High Court, Abuja on Monday as two Senior Advocates of Nigeria, SANs, representing the Nigeria National Petroleum Company, (NNPC) in the N100 billion suit filed by Sen. Ifeanyi Ararume against the company walked out…
Top Stockbrokers have x-rayed the state of the Nigerian capital market in 2022 and forecast recovery in 2023 despite the headwinds and uncertainties associated with the economy. The Nigerian economy is going through a tough period with headwinds, including imported…
By Philemon Adedeji Following consistent bargain for the opening of the week in telecommunication company, MTNN and 17 other stocks, bullished sentiments occurred on the Nigerian Exchange Limited (NGX) as market Capitalization furtherly increased by N35 billion to close at…
The Managing Director of Lekki Port LFTZ Enterprise Limited (LPLEL), promoter of the Lekki Deep Sea Port, Mr. Du Ruogang, has said that Lekki Port will facilitate trade volume growth for Nigeria and increase the Gross Domestic Product (GDP) as…
President Muhammadu Buhari on Monday inaugurated a 32-metric tonnes per hour Lagos Rice Mill in Imota, Ikorodu, a suburb of Lagos, to support rice revolution in Nigeria. The Lagos Rice Mill, Imota is a two x 16 metric tonnes per-hour…
President Muhammadu Buhari on Monday inaugurated the 16.5 metres deep Lekki Sea Port in Lagos. President Buhari, who arrived at the venue in an helicopter alongside Gov. Babajide Sanwo-Olu, cut the ceremonial tape at the port at 4.42 p.m. The…
