Diversification of the Nigerian economy has come to the fore front among recommended solutions to the wobbling profile of the Nigerian Economy. The arguments have been justified on the ground that the over reliance on oil for, a time too…
The African Export-Import Bank (Afreximbank) has signed a $US1.04 billion facility with the Nigerian National Petroleum Corporation (NNPC) to finance the exploration of petroleum. The agreement was concluded on Tuesday in Durban during the second Intra-Africa Trade Fair (IATF2021), which…
The Director of Corporate Communications, the Central Bank of Nigeria (CBN), Mr Osita Nwanisobi, says the apex bank’s 37 intervention programmes in the economy are responses to socio-economic situations and exigencies. Nwanisobi spoke at an Editors Master Class with the…
The World Bank says immediate policy action is needed to curb the long-term impacts of the COVID-19 crisis on the lives and livelihoods of Nigerian households. The bank said this in a report it released on Wednesday, titled “COVID-19 in…
At the Ogere axis of the Lagos-Ibadan highway on Wednesday, three persons have died in the an accident, which occurred around Sand Crete in Ogunmakin axis of the highway in Ogun State. The Federal Road Safety Corps (FRSC) confirmed that…
Four teenagers were on Wednesday remanded in prison by an Osogbo Magistrates’ court over alleged stealing. The accused are Adeyemi Agboola, 18, Felix Francis, 18; Sunday Richard, 18 and Rasheed Abubakar, 19. It was gathered that the defendants committed the…
By Matthew Denis Abuja In a bid to instil discipline, the management of the University of Ilorin has expelled a student, Salaudeen Waliu Aanuoluwa of the Department of Microbioligy after being found guilty of assaulting a female lecturer of the…
The Chairman and Chief Executive of the National Drug Enforcement Agency (NDLEA), retired Brig.-Gen Buba Marwa, has said that 15 million Nigerians indulge in the consumption of illicit drugs. Marwa disclosed this in an interactive session with Local Government Chairmen…
The bearish sentiments resurfaced on the equities market of the Nigerian Exchange limited (NGX) on Wednesday with a decline of 0.22 per cent as investors took profit off Unilever Nigeria and 23 others. In summary, the NGX All-Share Index (ASI)…
In recognition of the role Special Purpose Acquisition Companies (SPACs) play in catalyzing economic growth through public markets Nigeria and Africa, Nigerian Exchange Limited (NGX) hosted a webinar with the theme SPACs: An Alternative Route to Public Markets on Wednesday.…
