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NAICOM bars undercapitalised insurers from new businesses, orders claims…
The National Insurance Commission has stopped some insurance firms from taking new businesses.
It also placed a…
Poor Nigerians to hit 95.1m in 2022, says World Bank
THE World Bank has said that poverty reduction stagnated since 2015, with more Nigerians falling below the poverty…
Exports to India in Q4 2021 valued at N875 billion – NBS
In a statement obtained from the National Bureau of Statistics (NBS), the largest exported commodity to India was…
Marketers disagree with depot owners over petrol price hike
THE Independent Petroleum Marketers Association of Nigeria has criticised private depot owners over the recent…
JUST IN: NRC suspends train operations along Abuja-Kaduna route indefinitely
The Nigerian Railway Corporation has suspended train operations along the Abuja-Kaduna route indefinitely.
The…
HURIWA condemns Buhari’s silence on Kaduna airport, rail attacks
The Human Rights Writers Association of Nigeria on Tuesday condemned what it described as the silence of the…
Buhari, govs, others congratulate Tinubu at 70
The President, Major General Muhammadu Buhari (retd.); the President of the Senate, Ahmad Lawan; Speaker of the…
Russia-Ukraine war: Soaring shipping costs may worsen inflation in Nigeria,…
THE International Monetary Fund has said rising shipping costs as a result of the ongoing war between Russia and…
Telcos warn of disruptions in 11 states over Kogi’s clampdown
THE Kogi State Government through its Kogi State Internal Revenue Service agency has shut down a number of…
‘Infrastructure funding deficit to hit $100b
Nigeria’s infrastructure funding deficit will grow to $100 billion in the next five years, the Infrastructure…
FG establishes SDGs innovation hubs to boost states’ social financing
The Vice President, Prof. Yemi Osinbajo, on Monday, announced the establishment of six Sustainable Development…
Fed Govt to reduce wheat importation
The Federal Government (FG) plans to deploy measures to reduce wheat importation into the country.
Government…
Russia-Ukraine crisis: EU begs Nigeria to close gas supply gap
With oil exports from a critical pipeline on Russia’s Black Sea Coast fully halted last Wednesday, the United…
FG’s borrowing from CBN rises by 96.54%, hits N18.16tn
The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances has…
Cross River decries N34m federal allocation for March
The Cross River State Government received only about 15 per cent of its statutory allocation from the Federation…
Buhari mourns US Secretary of State Madeleine Albright
The President, Major General Muhammadu Buhari (retd.), has joined the world to mourn the passage of the United…
Nigerians need to consume, export what they produce -Emefiele
The Central Bank of Nigeria says Nigerians need to consume what they produce and export the surplus after adding…
Customs, CBN disagree over e-valuation of imports, exports
THE Nigerian Customs Service has refuted media reports which claimed that the service has adopted the e-evaluator…
IOCs fear collapse as FG says N1.36tn crude stolen in 14 months
The total value of Nigeria’s crude oil stolen between January 2021 and February 2022 is about $3.27bn…
Capital imports in Q4 2021 increases to $2.187m
According to a statement obtained from NBS website, when compared to the corresponding quarter of 2020, capital…
Foreign Airlines’ Trapped Funds In Nigeria Hit N117bn
From $147 million (N61 billion) which the International Air Transport Association (IATA) said was the total…
How CBN is stabilising Naira –Emefiele
In his virtual goodwill message at the opening of the 32nd Seminar for Finance Correspondents and Business Editors…
FG disburses N142.6m to 14 tertiary institutions for mineral research
Mr. Olamilekan Adegbite, the Minister of Mines and Steel Development (MMSD), announced on Tuesday that N142.6…
6.4 million applied for N-Power Batch-C programme –FG
Sadiya Farouq, Minister of Humanitarian Affairs, Disaster Management, and Social Development, revealed on Tuesday …
Energy crisis: MAN bemoans power crisis, high cost of diesel
As Nigeria’s energy crisis continues to buffet businesses across the country, the Manufacturers Association of…
FG will continue to boost business reforms, private sector investment, says…
Yemi Osinbajo has said Federal Government will continue to partner with the private sector to ensure wholesome…
Russia-Ukraine: Nigerian banks not under any major risk, says S & P
The ongoing Russia-Ukraine conflict will have no major negative impact on the overall operations and assets…
Buhari summons Gov. Uzodinma, Power Minister, Economic Adviser
President Muhammadu Buhari on Monday summoned Governor Hope Uzodinma of Imo, Minister of Power, Abubakar Aliyu,…
FG scraps PCR test for fully vaccinated travellers
The Federal Government announced on Monday that fully vaccinated inbound travelers will no longer be needed to …