Health protocols introduced by Nigerian authorities at the Ports to curb the spread of the coronavirus have delayed cocoa exports, leaving at least 30,000 tonnes stranded at the Lagos port…
Continue readingNigeria’s foreign reserves have returned to a growth path, gaining $449.5m in one week, figures from the Central Bank of Nigeria (CBN) have revealed. According to the CBN, the reserves…
Continue readingThe African Union says it has resolved to engage the Republic of Madagascar over the safety and efficacy of a COVID-19 herbal remedy, which was announced by the country President,…
Continue readingThe Nigerian naira firmed around 6.5% on the black market on Tuesday from a week ago after the central bank resumed U.S. dollar sales to commercial lenders following this week’s…
Continue readingThe Federal government of Nigeria has confirmed the receipt of $312 million of the Abacha loot from United States of America, the Attorney-General of the Federation and Minister of Justice,…
Continue readingWEST AFRICAN EXPLORATION AND PRODUCTION COMPANY LIMITED (WAEP)NIPEX TENDER OPPORTUNITY: PROVISION OF PRESSURE VOLUME TEMPERATURE (PVT) ANALYSIS AND SAMPLING STUDIES IN KALAEKULE FIELD (OML 72)TENDER REF: WAEP-PCM-DRT-0003-R01 Nipex Tender No…….
Continue readingNigeria’s foreign reserves have continued its downward trend, dropping by $5.09bn from $38.53bn on January 2, 2020, to $33.44bn as of April 28, 2020. According to the figures latest statistics…
Continue readingThe Presidential Task Force on COVID-19 has said Banks, Government offices, and selected industries nationwide can reopen for business from May 4, 2020, after five weeks of lockdown due to…
Continue readingThe Central Bank of Nigeria (CBN) has resumed the provision of foreign exchange to banks to enable parents to pay for school fees and to allow Small and Medium Enterprises…
Continue readingThe Executive Board of the International Monetary Fund (IMF) has approved Nigeria’s request for emergency financial assistance of Special drawing rights SDR 2,454.5 million (US$ 3.4 billion, 100 percent of…
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