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Day: February 15, 2024

House Committee Urges Urgent Reconstruction of Nigerian Ports
BusinessCommoditiesLocal

House Committee Urges Urgent Reconstruction of Nigerian Ports

The House of Representatives Committee on Ports and Harbours, led by Chairman Nnolim Nnaji, has called upon the Federal Government…

byayotilewaFebruary 15, 2024February 15, 2024
Power Outages Affect 14 Communities in Ogun State
EnergyLocal

Power Outages Affect 14 Communities in Ogun State

Over 14 communities in Ogun State are grappling with power outages attributed to technical faults in power installations, according to…

byayotilewaFebruary 15, 2024February 15, 2024
FG Plans to Raise N2.5 Trillion Through Bonds- DMO
BusinessFinanceLocal

FG Plans to Raise N2.5 Trillion Through Bonds- DMO

the Federal Government, through the Debt Management Office (DMO), aims to raise N2.5 trillion in its second FGN bonds auction…

byayotilewaFebruary 15, 2024February 15, 2024
Oil Marketers Ready to Lower Fuel Prices
BusinessCommoditiesLocal

Oil Marketers Ready to Lower Fuel Prices

Independent oil marketers in Nigeria have expressed their willingness to sell premium motor spirit (PMS), commonly known as fuel, at…

byayotilewaFebruary 15, 2024February 15, 2024
Naira Depreciates as FX Market Witnesses Decline in Dollar Supply
FinanceFinanceLocalStockTrade

Naira Depreciates as FX Market Witnesses Decline in Dollar Supply

The foreign exchange (FX) market in Nigeria experienced a notable 56.58% decrease in dollar supply on Wednesday, following a surge…

byayotilewaFebruary 15, 2024February 15, 2024
FMBN Set for N500 Billion Recapitalization
CommoditiesLocal

FMBN Set for N500 Billion Recapitalization

The Federal Mortgage Bank of Nigeria (FMBN) anticipates a promising future as the federal government pledges legislative amendments to relevant…

byayotilewaFebruary 15, 2024February 15, 2024
FG to Address Food Shortage with Grain Distribution
BusinessLocal

FG to Address Food Shortage with Grain Distribution

The federal government has expressed concern over the persistent food shortage in Nigeria and has announced plans to distribute 42,000…

byayotilewaFebruary 15, 2024February 15, 2024

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