CBN retains MPR at 13.5%, raises banks’ CRR to 27.5%
The Monetary Policy Committee of the Central Bank of Nigeria on Friday altered the Cash Reserves Ratio from 22.5 per cent to 27.5 per cent. The Cash Reserve Ratio is the share of a bank’s total deposit...
View ArticleGombe to diversify economy through science, technology, innovation
Governor Muhamnadu Inuwa Yahaya of Gombe state has assured of his administration’s determination to improve the economy of the state through prioritizing investment on science, technology and...
View ArticleClik here to view.
Border Closure: Customs boss continues tour, reads riot act to officers,...
In continuation of efforts to curb smuggling activities, the Coordinator of the Joint Border Drill Operations, Sector 3, Ilorin, Kwara State Comptroller Mohammed Uba Garba embarked on a three-day...
View ArticleClik here to view.
Lekki residents back Okada ban
THE Lekki Estate Residents Association (LERA) has welcomed the ban on motorcycles, popularly known as Okada and tricycles (keke) in the area. It said the ban showed that the Lagos State Government was...
View ArticleFAAN terminates Lagos airport toll collection contract a year after expiration
The Federal Airports Authority of Nigeria (FAAN) yesterday terminated the concession contract of toll collection at the access gate of Murtala Muhammed International Airport (MMIA), Lagos, a year after...
View ArticleClik here to view.
NCRI trains Kwara youths, women on Post Harvest Processing of Rice
The Executive Director of the National Cereals Research Institute, NCRI, Badeggi; Dr. Aliyu Umar, has called on youths and women in Kwara Central Senatorial District to join their counterparts in...
View ArticleGombe Industrial Park to become investment hub as govt approves 1000 hectares
As Dadinkowa hydropower plant awaits commissioning by president Muhammadu Buhari, Governor Muhammadu Inuwa Yahaya of Gombe state has paid an inspection visit to the proposed site of industrial park,...
View ArticleNigeria, other African countries’ debts raise new fears
The pace of debt accumulation by the continent’s economies, with particular reference to the sub-Saharan Africa (SSA), where Nigeria assumes the biggest economy, rose by 40 per cent. Indeed, African...
View ArticleDangote Group joins PMI council
Dangote Group has been inducted into the Global Executive Council of the Project Management Institute, making it the first African business organisation to become a member of the institute. The group...
View ArticleCBN to offer single-digit loans to rice farmers
The Central Bank of Nigeria said it would offer single-digit loan to rice farmers in the Niger Delta area and provide index insurance for participating farmers. This was contained in a statement signed...
View ArticleGombe Partners Glaxy Backbone on Website Standardisation in MDAs
Gombe State Government is to collaborate with the Galaxy Backbone (GBB) on standardisation of website in its Ministries, Departments and Agencies (MDA). The Commissioner of Science, Technology and...
View ArticleWorld Bank approves Nigeria’s identity project, five others
Nigeria’s digital identity ecosystem project, along with five others, has been approved by the World Bank in Washington DC, the United States, yesterday. The approved projects, whose worth is estimated...
View ArticleClik here to view.
Customs seizes contraband goods worth N484m in Kwara
The Kwara State Command of the Nigeria Customs Service has seized forty-seven contraband items worth over N484 million from August last year to January this year. The seized items include 16 units of...
View ArticleAccountant General, Customs CG clash over N28bn unremitted fund
The Comptroller-General of the Nigeria Customs Service, Col. Hameed Ali (retd.), on Thursday disagreed with the Accountant-General of the Federation, Ahmed Idris, over the N28bn allegedly...
View ArticleCustomers free to deposit foreign currency in domiciliary accounts, says CBN
Given the misconceptions following a Central Bank of Nigeria (CBN) directive, the apex bank has clarified customers of deposit money banks (DMBs), are free to deposit foreign currency in their...
View ArticleStakeholders charge CBN to implement university-based poultry scheme
Poultry production specialists and industry players have charged the Central Bank of Nigeria to activate the campus-based poultry production it promised to revive since 2019. The announced latest...
View ArticleGovernment moves to rid Nigerian waters of pollution
The Federal Government has launched an action plan to tackle the challenge of marine litter and plastics, to ensure cleaner seas and ocean for healthy living and protection of maritime ecosystem. This...
View ArticleClik here to view.
Gov. Yahaya declares open strategic roundtable on solid minerals in Gombe
Gombe state Governor, Alhaji Muhammadu Inuwa Yahaya has said that his administration is committed to partnering with operators and other stakeholders in the mining sector to unlock and tap the endowed...
View ArticleClik here to view.
Border Closure: Customs counts gains, seize contraband worth N165m in...
The Coordinator, Joint Border Operation Drill in North Central States, Sector three, Ilorin, Comptroller, Mohammed Uba Garba today said the customs has seized items worth N165, 001, 400 in the last two...
View ArticleUN Agency lauds Gov. Yahaya, partners Gombe on industrialisation, economic...
Governor Muhammadu Inuwa Yahaya of Gombe state has assured that his administration will partner with the United Nations Industrial Development Organisation (UNIDO) in order to benefit from part of the...
View Article