Nigeria News

Latest Nigeria News in Business, Politics, Marketing, Finance, Entertainment, and Sports. Oil and Gas, Forex trading and Stock exchange market

The Standards Organisation of Nigeria (SON) has announced the seizing of substandard tyres worth over N600 million Naira during an enforcement exercise along the Lagos Ibadan expressway. Commenting on the recent development, the Director-General of SON, Malam Farouk Salim noted that the seizure was part of SON’s efforts and commitment...
The National Agricultural Land Development Authority (NALDA) has concluded plans to establish an integrated farm estate on its 1,200 hectares of land in Ekiti State. This disclosure was made by NALDA’s Executive Secretary and Chief Executive Officer, Paul Ikonne during a media chat with the News Agency of Nigeria. Mr. Ikonne...
An official of the Federal Ministry of Finance, Budget and National Planning who disclosed that the Federation Accounts Allocation Committee (FAAC), shared the sum od N680 billion among the three tiers of government Thursday from the revenue that accrued to the federation in the month of March. The official who...
First City Monument Bank Plc (FCMB) has approved the sum of N2.97 billion as a dividend to be paid to its qualified shareholders for the period ended 31st of December, 2020. The breakdown of the lump sum shows that a dividend payment of 15 kobo per share will be paid...
While speaking during a smart explanatory visit to Benin, the Edo State capital, the founder, Zinox Group, Leo Stan Ekeh said, given its state of digital readiness, coupled with the large number of digitally trained youths who are now tech savvy, Edo State has the potential to become a...
Thousands of commuters had been left stranded for hours at various bus stops in Abuja and neighbouring states of Nasarawa and Niger on Tuesday following widespread petrol scarcity that hit the areas on Tuesday. The Nigerian National Petroleum Corporation (NNPC), Nigeria’s sole importer of petrol, had to intervene by releasing...
The Minister of Agriculture and Rural Development, Sabo Nanono, disclosed while hosting participants of the Senior Executive Course No 43(2021) of the National Institute for Policy and Strategic Studies, Kuru, Plateau State that the Federal Government was to drive Nigeria’s agricultural mechanization programme with about 60,000 tractors. According to Nanono,...
DEADLINE: 4TH MAY, 2021 OYO STATE GOVERNMENT OYO STATE HOUSE OF ASSEMBLY INVITATION FOR BIDS (IFB) 2021 CONSTITUENCY EMPOWERMENT PROGRAMME (PHASE I) APRIL, 2021 With reference to the Publications in The Nation Newspaper of Thursday, 18 and Friday, 19 March, 2021 respectively (pages 27 and 4) in respect of Oyo...
Airtel Africa Plc has announced that it has successfully secured a new credit facility worth $500million from a consortium of leading banks that comprises of HSBC, JP Morgan, Standard Chartered etc., in its bid to partially refinance its €750million Euro dominated bond due on the 20th of May, 2021. According...
The Central Bank of Nigeria has warned Deposit Money Banks (DMBS) and Forex Dealers to desist from the act of rejecting old and lower denominations of the US Dollar bills. This is according to a recent circular issued by the apex bank and signed by its Director of Currency Operations,...