The African Development Bank (AfDB), and the West African Monetary Union’s Capital Markets Authority (AMF-UMOA) have signed a grant agreement for 750,000 dollars. According to a statement issued on AfDB’s website on Thursday, the agreement is for implementation of the…
By Seun Ibiyemi The Centre for the Promotion of Private Enterprise (CPPE) has urged the Federal Government to tame the supply-side pressures to Nigeria’s inflation by granting concessionary import duty on intermediate products for industrialists, especially those in food processing.…
The Senate has set up an adhoc committee to carry out investigation into the alleged uneven disbursement of half a trillion naira loan to the six geo-political zones by the Development Bank of Nigeria (DBN). The resolution was sequel to…
By Seun Ibiyemi The Nigerian Ports Authority (NPA) on Wednesday says that its efforts at eliminating systemic corruption at the port are attracting global commendation. This is contained in a statement signed by the Head of Public Affairs, NPA, Mrs Oluwayemisi…
The Nigerian Diaspora Summit Initiative (NDSI) in partnership with the Nigerians in Diaspora Commission (NiDCOM) have opened the fifth edition of the Nigeria Diaspora Investment Summit (NDIS) in Abuja. The annual event attracted Nigerians locally and globally from all walks…
The House of Representatives ad hoc Committee on structure and accountability of Joint Venture (JV) Business and Production Sharing Contracts (PSCS) of Nigerian National Petroleum Company (NNPC) Ltd. has summoned Total Upstream over tax claims of 85 billion dollars. Rep.…
The Federal Government has restated its determination to develop, upgrade and modernise Nigeria’s railway transport infrastructure. The Minister of Transportation, Mu’azu Sambo, said this on Tuesday in Abuja at the 2nd International Railway Conference and Exhibition with the theme “Powering…
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the country is currently finalising “Nigeria Agenda 2050” to succeed Vision 2020, which lapsed two years ago. Ahmed said this on Monday in Abuja, at the 28th Nigerian…
The House of Representatives Committee on Aids, Loans and Debt Management on Monday grilled the Director-General, Debt Management Office (DMO), Ms Patience Oniha, over rise in domestic debts totalling N3.3 trillion in 2023. The Chairman of the Committee, in Abuja,…
Lagos State Government has announced its preparedness to partner a Pan African Exchange – Lagos Commodities and Futures Exchange (LCFE) on Imote Rice Mill which is currently under installation at Ikorodu, Lagos, to align the Agriculture Company with the Nigerian…
