Nigeria Not Constructing Rail Line To Niger Republic – Presidency
The Senior Special Assistant to the President on Media and Publicity, Mallma Garba Shehu, yesterday…
Year: 2020
Nigerian Oil, Gas Suppliers Lament N320bn Loss, Back Deregulation
The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) yesterday bemoaned its huge losses…
Gbajabiamila: Insecurity Threatening Existence Of Nigeria
The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has said the challenges of…
Naira Stabilizes Across Forex Markets, As BDCs Get Another Round Of Dollar Allocation
Forex turnover improved by 43% as Nigeria’s exchange rate at the NAFEX window stablized to…
Commodities Exchange Turns To Blockchain To Increase Funding For African Farmers
Technology adoption will increase transparency for funders and provide liquidity for hundreds of smallholder farmers…
Survival Fund: Nigerian Govt Speaks On Applicants Paying Facilitation Fee For MSMEs Grant
The Federal Government says applicants will not pay any ‘facilitation fee’ to access its intervention…
US To Restrict Students From Nigeria, Others To Two-Year Courses
The United States is set to restrict students from Nigeria and others from admission of…
FG Denies Persecuting Christians, Earmarks N13b For Community Policing
Abuja has dismissed allegations from the west that it was persecuting Christians in Nigeria. This…
EFCC Recovers Unremitted N4.16b From Lottery Firms
The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mohammed Abba, said yesterday…
174,574 Apply For COVID-19 N75bn MSME Survival Fund
Within 48 hours a total of 174,574 persons successfully registered for the N75bn National MSME…
Govt Committed To Elimination Of Gas Flaring By 2021 – Sylva
Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Federal Government is committed…
Dollar Off Two-Month Peak But On Course For Best Week In Six Months
The U.S. dollar dipped from a two-month peak on Friday as renewed hopes of fresh…
NEPC: Nigeria Can Earn Forex From Mushroom
The Nigerian Export Promotion Council (NEPC) yesterday said the country could significantly improve on its…
Accelerating Bitcoin Trading In Nigeria
One of the more remarkable instruments of freedom and prosperity that has emerged over the…
FX Crunch: Anger, Frustration As Banks Ration Dollar Among Customers
Nigerian banks are now rationing forex withdrawals by customers, TheCable can report. The economy has…
CBN Pulls Rate Cut Trigger, King Dollar Returns
In a move that caught investors off-guard this week, the Central Bank of Nigeria (CBN)…
Cheap Nigerian Stocks Outperform African Peers
Nigerian stocks are leading continental peers amid renewed investors’ appetite in bellwether stocks, an analysis…
Ghana Is Planning To Sell Most Of Its Future Gold Royalties
When portuguese mariners first dropped anchor in the mouth of the river Pra in what…
Nigeria: Lagos Govt Calls For Monthly Payment Of House Rent
The Lagos State Government has called on stakeholders in real estate, to work out modalities…
UK Seeks To Seize $39 Million From Lawyer Who Helped Corrupt Nigerian Politician
British prosecutors launched an attempt on Thursday to confiscate 30.8 million pounds ($39.3 million) from…
The BackEnd: How Nigerian Bank Domiciliary Accounts Compete With Fintech Dollar Features
The BackEnd explores the product development process in African tech. We take you into the…
FG Places Nine-Year Presidential Jet On Sale
The Federal Government has put up for sale a jet in the presidential fleet, Hawker…
Pound Depressed Ahead Of UK Chancellor Unveiling Jobs Protection Plan
The pound sank against the US dollar (GBPUSD=X), continuing a negative trend early on Thursday,…
CBN Raises ABP’s Collateral Guarantee To 50 Per Cent
Disburses N200 billion in 2020 dry season farming The Central Bank of Nigeria (CBN), has…
Nigerian Collector Hopes To Boost Local Pride In Artistic Heritage Amid Black Lives Matter Backdrop
Nigerian art collector Yemisi Shyllon wants to see works created by Nigerian artists and the…
Regulators In Africa’s Big Economies Are Scrambling To Get On Top Of A Spike In Cryptocurrency Trade
In August 2018, a report on the state of cryptocurrency regulation across Africa came back…
Illegal Levies, Taxes Affecting Cross River’s Economy
Emmah Isong, chairman of Cross River State Anti-tax Agency, warned that anybody caught sabotaging the…
UK Watchdog Blasts Banks Over Dirty Money Safeguards
Not all of Britain’s financial firms are convinced of the need to invest large sums…
Organised Private Sector Commends CBN On Interest Rate Reduction
Members of Organised Private Sector (OPS) have described Tuesday’s reduction of the Monetary Policy Rate…
Funding Approved For $US 1.96bn Nigeria
THE Nigerian Federal Executive Council has approved $US 1.96bn in funding for the construction of…