CBN postpones MPC meeting again
The Central Bank of Nigeria has again postponed the meeting of its monetary policy committee despite the surge in inflation. This is according to a report by Bloomberg on Monday, which quoted the CBN’s...
View ArticleAmerican Energy Firm Pledges Two Billion Naira Solar Project with Federal...
A United State based renewable energy firm has pledged to support President Bola Tinubu administration with two point two billion naira to provide vital power infrastructure in Nigeria. This was...
View ArticleCBN postpones MPC meeting yet again
Nigeria’s central bank has postponed a meeting of its monetary policy committee for a second time since Governor Olayemi Cardoso was nominated to the post in September. A calendar of MPC meetings...
View ArticlePalm Oil Industry Calls For Policy To Boost Oil Palm Production
The National Initiatives for Sustainable and Climate-Smart Oil Palm Smallholders (NISCOPS) project at the National policy dialogue titled: ‘Achieving an economic and social-ecological resilient palm...
View ArticleForeign oil shippers must follow Nigeria tax laws – FIRS
The Federal Inland Revenue Service (FIRS) chairman, Zach Adedeji has charged non-domestic companies shipping crude oil from Nigeria to ensure strict compliance with the country’s tax laws in their...
View ArticleNational Information Technology Development Agency inaugurates female ICT...
The National Information Technology Development Agency (NITDA), on Wednesday, inaugurated a training programme for female founders to promote diversity and close the gender gap in technology. The...
View ArticleNBS reveals how petrol price increased within one year
The National Bureau of Statistics, NBS, has said that the average retail price of a litre of petrol increased from N195.29 in October 2022 to N630.63 in October 2023. The NBS made the declaration in...
View ArticleDubai Unveils Nigeria Office to Promote Trade
Dubai Chamber has opened its Lagos trade office in its Africa’s expansion drive to explore the flourished business prospects in Nigeria and the broader West Africa region. The president and CEO of...
View ArticleNaira Falls Against Dollar at Black Market
The Naira on Friday fell to one thousand, one hundred and fifty-five naira per dollar at the black market, following a dollar shortage. This represents a zero point four three percent decline from the...
View ArticleNigeria’s Gross Domestic Product Rises by Two Point Five Percent
The National Bureau of Statistics (NBS) has revealed that Nigeria’s economy grew marginally in the third quarter of 2023 owing largely to the service sector as the fallout of President Bola Tinubu’s...
View ArticleFG will review four housing laws, states Dangiwa
The Minister of Housing and Urban Development, Ahmed Dangiwa, has constituted a housing reform team of experts and stakeholders to develop a framework of the housing sector and ensure that housing...
View ArticleNaira Scarcity: Frustration As Customers Frowns At Banks’ New Withdrawal...
Customers of various deposit money banks in Tanke, Ilorin, expressed discontent over unanticipated reductions in withdrawal limits for both over-the-counter transactions and Automated Teller Machine...
View ArticleFederal Government Approves Three Billion Naira for Airport Scanners
The federal government has approved three billion naira for airport scanners in a bid to reduce multiple agencies involved in manual bag checks at the airports. This was disclosed by the Aviation...
View ArticleFG To Develop Integrated National Electricity Policy
The Federal Government is set to develop an Integrated National Electricity Policy, and Strategic Implementation Plan, as mandated by the Electricity Act 2023. The Minister of Power, Adebayo Adelabu,...
View ArticleTinubu presents 2024 budget, focuses on macro economic stability,...
President Bola Ahmed Tinubu has presented the 2024 budget estimate of twenty-seven point five trillion Naira which focuses strongly on defence, internal security, and local job creation. The budget...
View ArticleCBN appoints Hakama Sidi Ali as new head of communication
The Central Bank of Nigeria (CBN) has appointed Hakama Sidi Ali, a public relations practitioner, as its new acting director of corporate communications. Ali, who is a member of the Nigeria Institute...
View Article2024 Budget: Kwara Educationist Lauds, Urges Fiscal Prudence for Nigeria’s...
Public Analyst Dr. Moshood Atanda has described the Appropriation Bill presented for the 2024 fiscal year by President Bola Ahmed Tinubu as a positive departure from the past. It would be recalled...
View ArticleNigerian Don Laments State of African Countries in Global Economic Trade
A professor of International Economic Law at the Department of Jurisprudence and International Law, University of Ilorin, Professor Joshua Olukayode Olatoke (SAN), has lamented the unfortunate...
View ArticleU.S. commends Nigeria’s economic efforts aimed at sustainable economic growth
The United States has commended Nigeria for its ongoing efforts to strengthen its economy and achieve sustainable growth. Mr. David Greene, Chargé d’Affaires of the U.S. Embassy in Abuja, expressed the...
View ArticleFG to start disbursement of grants to SMEs
The Federal Government has said that it will soon commence disbursement of funds under its Presidential Palliative Programme, targeted at alleviating the impact of the fuel subsidy removal. A statement...
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