Africa FG Begins 10,000MT Wheat Cultivation To Cut Imports Nov 22, 2021 0 The Federal Government has announced the commencement of dry season wheat cultivation to produce 10,000 metric…
Local Agric Fund Diversion May Attract Five-Year Jail Term – CBN Nov 22, 2021 0 The Central Bank of Nigeria has said borrowers who divert the funds provided under the Agricultural Credit…
Business Bitcoin Needs To Drop 80% Before Marathon Loses Money On Mining Nov 18, 2021 0 Bitcoin has a long way to drop before mining the digital token becomes unprofitable for North America’s largest…
Business Emirates Could Return To Nigeria Under New Testing Agreement Nov 18, 2021 0 The end of a travel ban between The United Arab Emirates (UAE) and Nigeria could happen if both countries are…
Business Nigeria To Exploit $10.5bn Potential In Shipping Industry Nov 18, 2021 0 With its long coastline, unique location, large oil and gas deposit, large and growing population, among others,…
Breaking US Removes Nigeria From Religious Violators’ List Nov 18, 2021 0 The United States has removed Nigeria from its list of religious violators, even as it blacklisted Russia, China…
Local Fuel Scarcity Looms Across Nigeria As Abuja Groans Nov 18, 2021 0 Scarcity of Premium Motor Spirit (PMS) worsened in Abuja, yesterday, amid signs the trend could spread across the…
Business 25 Million Nigerians Will Be Taken Out Of Poverty’ – Osinbajo Nov 17, 2021 0 The Vice President, Professor Yemi Osinbajo, has said that the Nigerian Diaspora Investment Summit (NDIS) is one of…
Business How Euro-Area Inflation Could Overshoot 2% In 2023 Nov 17, 2021 0 European Central Bank Governing Council member Pierre Wunsch just said that it “won’t take much” for euro-area…
Business Dubai Starts Issuing Five-Year Entry Permits For Foreign Workers Nov 17, 2021 0 Dubai started issuing five-year multi-entry permits for employees of international companies, the latest in a…
Business CBN: Bridging Unbanked Space, Stimulating Digital Transactions Nov 15, 2021 0 When the Central Bank of Nigeria (CBN) mooted the idea of the e-Naira in 2017 as part of the CBN Governor, Godwin…
Local FG To Review 41-Year-Old Map Of Nigeria Nov 15, 2021 0 The Federal Government has concluded plans to review the current map of Nigeria, which was produced by the Canadian…
Business Fresh Loans To Push Nigeria’s Debt Stock To N52tr Nov 15, 2021 0 The fresh $16.23 billion and 1.02 billion approved for the Federal Government will push Nigeria’s debt stock to…
Business Outrageously Expensive Nigerian Ports Nov 15, 2021 0 The recent revelation that Chinese shipping lines and their agents in Nigeria have introduced double charges on the…
Business Oil Was Almost $150 The Last Time U.S. Gasoline Cost This Much Nov 15, 2021 0 U.S. retail gasoline prices are poised to average more than $4 a gallon in three states for the first time in 13…
Business Chinese Investors Acquire 120 Hectares Of Land In Akwa Ibom For Hendai City Nov 15, 2021 0 A multibillion dollars modern city development project promoted by the Chinese investors , Hendai Investment…
Local ECB Forward Guidance Is No Longer Working As It Used To Nov 12, 2021 0 Bloomberg Economics’ model shows that if the European Central Bank had fully bought-in to the transitory inflation…
Business Federal Government of Nigeria To Use NIN To Identify, Monitor Internet Users In… Nov 12, 2021 0 The Federal Government has stated that it plans to use the mandatory National Identification Number (NIN) to…
Business WhatsApp Launches Scam Messages Awareness Campaign Nov 12, 2021 0 A text or WhatsApp message from a “friend in need” asking for money or personal information could be a scammer, a…
Business CBN Urges Nigerians To Embrace E-Naira Nov 12, 2021 0 The Central Bank of Nigeria (CBN) yesterday called on Nigerians to embrace e-naira, the nation’s digital…
Local Reps Ask CBN To Recover NNPC’s Funds In Banks Nov 12, 2021 0 The House of Representatives has sought the intervention of the Central Bank of Nigeria (CBN) over recovery of…
Business Deportation Threat – NIS Renews 250 Passports For Nigerians In Kuwait Nov 12, 2021 0 The Nigeria Immigration Service (NIS) has said 250 passports meant for Nigerians living in Kuwait have been handed…
Business Nigerian Currency Traders Ask Central Bank For Official Market Access Nov 12, 2021 0 Nigeria’s bureau de change operators have asked the central bank to consider a framework that will enable them…
Business Gold Extends Gains As U.S. Inflation Surges Nov 12, 2021 0 Gold prices edged higher on Thursday, extending a rally fuelled by a surge in U.S. consumer prices that spurred…
Business EU Forecast Sees Euro-Area Inflation Settling At 2.2% In 2022 Nov 12, 2021 0 Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. The…
Local Operational Issues, Sabotage Drag Nigeria’s October Quota By 261,000bpd Nov 12, 2021 0 Despite higher crude prices and allocation, as the Organisation of Petroleum Exporting Countries (OPEC) and its…
Business Another Warning From Bank Of England As Bitcoin, Ether Hit Highs Nov 12, 2021 0 The bitcoin price has reached a new record high, breaking through $68,000 and falling a touch to $67,920 at 11.05am…
Business Nigeria’s Debt Adequately Reported – World Bank Nov 12, 2021 0 The World Bank in its latest report has commended Nigeria’s debt reporting citing that 40 per cent of low-income…
Business MTN Nigeria, Dangote Cement, Others Opex Hits N1.5 Trillion Driven By Inflation,… Nov 12, 2021 0 On the heels of impressive earnings in nine months ended September 30, 2021, it has emerged that double-digit…
Business Nigerian Raw Sugar Imports Gulp N580.8bn Nov 9, 2021 0 Nigerian firms backed by Federal Government’s Backward Integrated Programme (BIP) have taken delivery of raw sugar…