Govt – Border Reopening: Poultry, Rice Importation Remain Banned
Osogbo — The Minister of Interior, Mr. Rauf Aregbesola, has said that despite the reopening of borders, the importation of…
Day: December 23, 2020
African Free Trade Agreement To Boost Agriculture
The African Continental Free Trade Area (AfCFTA), due to launch in January 2021, is likely to be a watershed for…
Large Crowd Gathers At NIMC Office In Lagos For NIN Registration Amid COVID-19 Second Wave
The Nigerian government had last week issued an ultimatum to all telecommunications operators in the country to block all Subscriber…
Nigeria Is Facing Worst Security Challenge In History – Gombe Gov
Gombe State Governor, Muhammadu Inuwa Yahaya, has declared that Nigeria is facing the worst security challenge in its history. The…
Nigeria’s Parliament Passes $35.66 Bln Budget For 2021
Nigeria’s parliament approved on Monday the government’s 2021 budget of 13.6 trillion naira ($35.66 billion), assuming 3% annual economic growth,…
Sterling Slumps On Tighter UK Virus Curbs, Brexit Impasse
Sterling slumped against the dollar and euro on Monday after the British government announced new restrictions to curb a fast-spreading…
NDIC Verifies Depositors In 42 Liquidated MFBs For Payment
The Nigeria Deposit Insurance Corporation (NDIC) is in the process of closing 42 Microfinance Banks (MFBs) which operating licenses were…
Foreign Investments In Nigerian Shares Rise By 80.6%
FOREIGN portfolio investments in the Nigerian stock market rose by 80.6 per cent to its highest level in 11 months…
New Coronavirus Strain Hits Pound, Euro As Investors Seek Dollars
The British pound and the euro fell on Monday as investors sought refuge in the dollar, after a fast-spreading new…
FX Market Ends Week With Naira Weakening By 0.42%
The foreign exchange market closed the week with Naira weakening by 0.42 percent after exchanging with the dollar at N477…
Zero Oil Plan Designed To Boost Foreign Exchange Earning
Director General of the Nigeria Export Promotion Council (NEPC), Segun Awolowo has explained that the zero -oil plan initiative developed…
Dangote Cement To Commence Tranche 1 Share Buyback Programme By December 30th 2020
Dangote Cement Plc (“Dangote Cement” or “DCP” or the “Company”) hereby announces the commencement of its share buy-back programme (the…
Cameroon Says Boko Haram Infiltrates Top Business And Political Leaders
A Cameroonian official said Friday he had found evidence that, as widely suspected, Boko Haram militants have been establishing close…