Ahead of the January 31 deadline for phasing out old naira notes, FirstBank of Nigeria Limited has announced that its branches will open on Saturday and Sunday for cash deposit. The bank in a notification to Nigerians, said, “This is…
Guinness Nigeria Plc has announced its unaudited results for its first half (H1) year period ended December 31, 2022. The results showed that revenue increased 9 percent against the prior comparable period despite the challenging business environment. A further look…
By Seun Ibiyemi The Federal Government has stressed the importance of the Nigeria-Niger Republic rail line, reaffirming that the project will boost trade and other socio-economic interactions between both countries and in the continent. Minister of Transportation, Mu’azu Jaji Sambo…
The Nigerian Export Promotion Council (NEPC), says the recently commissioned Lekki Deep Sea Port is expected to boost Nigeria’s non-oil export. The Executive Director/CEO of NEPC, Dr Ezra Yakusak said that the development came on the heels of tremendous performance…
The African Develop ment Bank (AfDB) Group has said it would commit 10 billion dollars over the next five years to make Africa food secure. The President of the bank, Dr Akinwumi Adesina made the commitment at the Dakar Africa…
President Muhammadu Buhari, on Wednesday, in Senegal, commended the African Development Bank, AfDB, the Islamic Development Bank, and the International Fund for Agricultural Development for the provision of $538.05m to implement the first phase of the Nigerian Special Agro-Industrial Processing…
The Debt Management Office, DMO, has announced the issuance of four bonds of N90 billion each, amounting to N360 billion. In a statement on Wednesday, the office said there are offers for subscription by auction and that it is authorised…
Lagos and Ondo state governments have urged Russian businesses and Nigerians in the Diaspora to invest in promising sectors of the country to spur development, increase revenue and boost job creation. They spoke at a business gathering organised by the…
…NESG urges CBN to adopt single market reflective exchange rate By Philemon Adedeji and Oladapo Ajiboye In a bid to solve raising inflation rate in the country, the Nigerian Economic Summit Group (NESG) has urged the Central Bank of Nigeria…
By Seun Ibiyemi To catch them young and reduce water phobia among Lagosians, the Lagos State Waterways Authority commenced a week-long water safety class and swimming Training for pupils in the riverine communities of of Epe Local Government. The swimming…
