By Ade Jacobs The Central Bank of Nigeria…
Category: Economy
Food security: CBN disbursed N554bn to 2 million farmers – Emiefele
By Ade Jacobs N554.61 billion has been disbursed to 2, 849,490 farmers as…
Improved crude oil prices shoot Nigeria’s external reserve to $36.23bn
Nigeria’s Foreign Exchange Reserves rose from 34.94billion dollars in November 2020 to 36.23billion dollars…
Contract for renovation of National Art Theatre to be awarded soon – Emefiele
The Central Bank Governor, Mr Godwin Emefiele, has expressed hope that a contract for the renovation…
Nigeria, Africa FDI decline to $38b, UN says
By Ade Jacobs Nigeria and other African nations attracted an estimated $38 billion…
Kano Govt. establishes Gifted academy with 36 slots for 18 Northern states
Kano State Government has established a Gifted Academy that would admit five students from each of…
Buhari pledges support for reconstruction of burnt Sokoto Market
…As Tambuwal asks for more assistance President Muhammadu Buhari has promised to give assistance to the…
Abumet appoints Belinda Disu board chairman
Abumet Nigeria Limited has announced the appointment of Mrs Belinda Ajoke Disu as Chairman of its Board…
Lawan: PIB will ensure equitable distribution of resources
By Gabriel Atumeyi President of the Senate, Ahmad Lawan, has expressed optimism…
FCTA demolishes illegal residential structure, filling station inside NASS complex
The Federal Capital Territory Administration (FCTA), on Monday demolished an illegal private residential building and…
We will not tolerate ‘Prophet Onyeze Jesus’ conduct – Anambra Govt.
By Ife Osemedua Anambra State Government has expressed displeasure over the activities…
EEDC commences free mass metering project
By Kenneth Onuoha The Enugu Electricity Distribution Company (EEDC) has commenced free mass meter roll-out to…
Security guard in court for allegedly stealing used car engine
A security guard, 35, Imume Okoro, on Monday appeared in a Chief Magistrates’ Court in Ikeja,…
Sen. Abiru clears air on involvement in LASU VC selection process
Senator Adetokunbo Abiru (APC-Lagos East) has said he has no hand in the cancellation of the…
Unilag VC begs for tablets as candidates conduct non-physical post-UTME test
The Vice-Chancellor, University of Lagos, Prof. Oluwatoyin Ogundipe, has appealed to public-spirited Nigerians to assist indigent…
NIMASA, Amnesty Office partner to curb crime in the Niger Delta
By Ade Jacobs The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Presidential Amnesty Programme…
Buhari canvasses restructuring of ECOWAS, orders release of $20m to counter terrorism
President Muhammadu Buhari has advocated for the restructuring of ECOWAS, saying that the organization needed to…
Sanwo-Olu commissions three projects in Badagry
The Governor of Lagos State, Mr Babajide Sanwo-Olu on Saturday commissioned three projects in Badagry, Lagos,…
Activist rallies Ijaw support for NDDC Sole Administrator
Akwa has been appointed for now and he has done nothing wrong. The moment I see…
Nigerian Ports Authority begins electronic call-up for truck service
The Nigerian Ports Authority (NPA) says its electronic call-up system for trucks has taken off. This…
Delta approves establishment of Kwale Industrial Park, holds 25% equity
Delta Government on Friday approved the full establishment of the Kwale Industrial Park, the Commissioner for…
NIN enrolment of diplomats commences at Ministry of Foreign Affairs
The National Identity Management Commission (NIMC) has commenced the enrolment of foreign diplomats in Nigeria. This…
SSANU, NASU declare nationwide strike on Feb. 5
The non-teaching staff of federal universities have resolved to embark on a nationwide strike on February…
Diaspora remittances: CBN accuses IMTOs of sabotage
By Ade Jacobs The Central Bank of Nigeria (CBN), has warned International Monetary Transfer Operators (IMTOs)…
Grass-cutting scandal: Court admits more evidence against Babachir Lawal
A High Court in the Federal Capital Territory sitting at Jabi has admitted more exhibits in…
Bureau de change operator in court over alleged N2.95m fraud
A 38-year-old Bureau de change operator, Mufutau Bakare, on Friday appeared before a Tinubu Magistrates’ Court…
Analysts say Nigeria’s economic outlook in 2021 will be challenging but…
Some analysts have made projections on the trajectory of the nation’s economy in 2021, saying the…
Food security: Kaduna govt, stakeholders inspect wheat farms to assess yields
The Kaduna State Government, along with some stakeholders in the agricultural subsector, on Thursday concluded a…
Julius Berger’s AFP to furnish NNPC subsidiary’s head office
By Folashade Adebisi Julius Berger’s furniture production and furnishing subsidiary, the Abuja Furniture Production (AFP), has…
Buhari re-appoint Bala Usman as MD, approves Board Members for NPA, TCN
President Muhammadu Buhari has approved the re-appointment of Hadiza Bala Usman as Managing Director of Nigerian…