ABCON Warns Against Forex Speculation
In a statement issued at the weekend, the President of the Association of Bureau De Change Operators of Nigeria (ABCON) has attributed the pressure facing the naira at the parallel…
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FG Plans to Launch Maritime Security Project – Amaechi
The Minister of Transportation, Rotimi Amaechi, disclosed when the Belgium Ambassador to Nigeria paid him a courtesy visit in Abuja that the Maritime Security Project to secure the Gulf of Guinea,…
Continue readingExperts Warn FG on N380/Litre Proposed for Petrol
The Abuja Chamber of Commerce and Industry and the Lagos Chamber of Commerce and Industry on Thursday advised the Federal Government to be tactful when removing petrol subsidy, recommending that…
Continue readingAfrica: World Bank Plans to Invest $150bn in Five Years
The President of World Bank Group, David Malpass disclosed on Tuesday at the Summit on Financing African Economies held in Paris, France that the banks plans to invest $150 billion…
Continue readingSuspension of Bala-Usman Not Complete, Bello-Koko Should Step Aside
At a press conference in Lagos on Wednesday, the Director, Data Centre for Rural Development, DCRD, Moses Uvomata said the suspension pf Hadiza Bala-Usman as the managing director of the…
Continue readingFirst Bank MD Purchases Additional 17.1 Million Shares Worth N121.6 Million
The Group Managing Director of First Bank of Nigeria Holdings Plc, U.K Eke (MFR) has purchased additional 17.1 million shares of the firm worth N121.6 million, according to findings by…
Continue readingCBN Projects 1 Million Hectares of Rice In 2021, Flags Off Rice Pyramids in Ekiti
The Central Bank of Nigeria (CBN) has projected a minimum of 1 million hectares of rice nationwide for each of the planting season in 2021, through a combination of RIFAN…
Continue readingRenewable Energy Records Strong Growth Despite Pandemic
In its latest market update, the International Energy Agency (IEA) has disclosed that renewable sources of electricity such as wind and solar grew at their fastest rate in the past…
Continue readingNUPENG Threatens Nationwide Strike as Kaduna, Labour Crisis Escalates
In a statement jointly signed by its National President, Williams Akporeha, and General Secretary, Afolabi Olawale, the Nigeria Union of Petroleum and Natural Gas Workers said on Tuesday that it…
Continue readingReps Order FCT Councils to Suspend Illegal Taxes on Businesses
Following a motion moved by a member of the House from Kogi State, Mr. Tajudeen Yusuf at the plenary on Tuesday, calling for the suspension illegal levies being imposed on…
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