The management of the Nigerian Ports Authority (NPA) has established a regulatory framework for the operation of barges across the nation’s seaports under a new Standard Operating Procedure (SOP). The Acting Managing Director of NPA, Mr Mohammed Bello-Koko in a…
President Muhammadu Buhari, who doubles as Minister of Petroleum Resources, has announced a Profit after Tax of N287 billion by the Nigerian National Petroleum Corporation (NNPC) in 2020. The president made the declaration in a statement by his Special Adviser…
The Auditor-General for the Federation (AuGF), Mr Adolphus Aghughu, has said that no money was missing from the Federation Account. Aghughu disclosed this in a statement by Eme Oqua, Head of Press, Office of the Auditor-General for the Federatio (OAuGF)…
Dr Aniefiok Umoren, Zonal Coordinator, South-South and South-East, Development Finance Activities, Central Bank of Nigeria (CBN), says Small and Medium Scale Enterprises (SMEs) have the potential to reduce unemployment in the country. Umoren who disclosed this in a meeting organised…
A Polytechnic graduate in Kaduna, Ali Dahiru, who resigned his job in Zenith Bank and took to selling of bread, says his decision has turned out to be a blessing. Dahiru, a Higher National Diploma holder, who graduated from Kaduna…
The National Bureau of Statistics (NBS) said inflation dropped by 0.37 per cent to 17.38 per cent in July, from 17.75 per cent recorded in June. The NBS said this in its “Consumer Price Index (CPI) July 2021 Report” released…
Key performance indicators of the nation’s bourse closed on Friday with a marginal growth of 0.08 per cent. Specifically, the All-Share Index rose by 32.28 points or 0.08 per cent to close at 39,522.34 compared with 39,490.06 achieved on Thursday.…
The Nigerian Ports Authority (NPA) on Friday said 16 ships laden with petroleum products, food items and other goods were expected at the Lagos ports from Aug.13 to Aug. 28. The NPA stated that the ships also contained general cargo,…
The Central Bank of Nigeria (CBN), says it has disbursed N791 billion to over three million farmers across the 36 states, under its Anchor Borrowers’ Programme (ABP). The Director, Development Finance Department of the bank, Mr Yusuf Yila, made this…
Minister of Petroleum Resources, Chief Timipre Sylva, says the oil and gas sector accounts for about 10 per cent of Nigeria’s Gross Domestic Product (GDP). Sylva added that crude oil exports represented about 86 per cent of total export earnings,…
