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…
CBN Governor, Mr Godwin Emefiele, says the total revenue collected as stamp duty in six years between 2016 and 2022 is N370,686 billion. A House of Representatives member, Alhaji Muhammed Kazaure, representing Kazaure, Roni, Gwiwa, Yankwashi of Jigawa raised the…
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has charged the Federal Government on the right policy mix to address challenges of power supply, insecurity and comatose refineries. Its President, Ide John Udeagbala, told journalists in…
By Seun Ibiyemi The Nigerian Maritime Administration and Safety Agency (NIMASA) on Tuesday issued a 72-hour ultimatum to the five Primary Lending Institutions (PLIs) handling the disbursement of the Cabotage Vessels Finance Fund (CVFF) to release modalities for the disbursement…
By Ibiyemi Mathew Leading telecommunications services provider, Airtel Nigeria, has announced the launch of eSIM (embedded SIM) a digital SIM that enables customers to access same functionality as someone using a physical SIM. The eSIM offers several benefits over the…
Nigeria’s NNPC spent 4.39 trillion naira ($9.7 billion) on petrol subsidy last year, latest data from the state-owned firm showed on Friday, a cost the government has blamed for dwindling public finances. NNPC did not remit funds to federal accounts…
