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Category: Local

Take Advantage Of The N5bn Export Fund –NEPC
InvestingLocal

Take Advantage Of The N5bn Export Fund –NEPC

The Nigerian Export Promotion Council has called on all exporters and Small and Medium Scale Entrepreneurs to take advantage and…

byEkeminiMarch 29, 2021
Telcos Reject Demand By Banks For Sim Swap List
LocalOpinionTechnology

Telcos Reject Demand By Banks For Sim Swap List

Telecommunication Companies have rejected the demand by Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) to submit lists…

byEkeminiMarch 29, 2021
Daily Fuel Consumption Hits 72.72m litres, Marketers Blame Smuggling
BusinessLocal

Daily Fuel Consumption Hits 72.72m litres, Marketers Blame Smuggling

Petrol supply by the Nigerian National Petroleum Corporation hit a high of 72.72 million litres daily in December amid the…

byEkeminiMarch 29, 2021
Federal Government Moves To Revive Oil Fabrication Yard In Lagos
BusinessLocalOpinion

Federal Government Moves To Revive Oil Fabrication Yard In Lagos

The Federal Government has expressed its readiness to assist in reviving a multimillion-dollar oil fabrication yard in Lagos State stalled…

byEkeminiMarch 29, 2021
Nigerian Startups Raise More Money In A Single Month Than Whole Of 2020
BusinessInvestingLocal

Nigerian Startups Raise More Money In A Single Month Than Whole Of 2020

In a month tech investors decided to open their investment wallets in an unusual manner, five Nigerian startups have found…

byEkeminiMarch 28, 2021
Central Bank Digital Currencies: Challenges And Prospects
BusinessLocal

Central Bank Digital Currencies: Challenges And Prospects

We expect central bank digital currencies (CBDC) to gain further momentum. This will likely be driven first and foremost by…

byEkeminiMarch 26, 2021March 27, 2021
Assembly Okays Sanwo-Olu’s N4.4bn Vehicle Purchase Request
LocalOpinion

Assembly Okays Sanwo-Olu’s N4.4bn Vehicle Purchase Request

The Lagos State House of Assembly has approved N4.4bn for the procurement of vehicles for official use by ministries, departments…

byEkeminiMarch 26, 2021
Reps Summon Customs’ Auditors Over Non-Presentation Of Accounts
LocalOpinion

Reps Summon Customs’ Auditors Over Non-Presentation Of Accounts

The House of Representatives’ Committee on Public Accounts on Thursday summoned the auditors engaged by the Nigeria Customs Service over…

byEkeminiMarch 26, 2021
Afreximbank, NEXIM Sign $50m Fund MoU To Stimulate Local Industries
BusinessLocal

Afreximbank, NEXIM Sign $50m Fund MoU To Stimulate Local Industries

African Export-Import Bank (Afreximbank) and Nigeria Export-Import Bank (NEXIM) have entered into a Memorandum of Understanding (MoU) to establish a…

byEkeminiMarch 26, 2021
Building Stronger Post COVID-19 GDP Growth With Fiscal, Monetary Buffers
BusinessLocal

Building Stronger Post COVID-19 GDP Growth With Fiscal, Monetary Buffers

For most analysts, Nigerian economy’s sudden exit from recession in the fourth quarter (Q4) of 2020 came as a surprise, driven…

byEkeminiMarch 26, 2021
At Last, FG To Increase Petrol Pump Price
BusinessLocal

At Last, FG To Increase Petrol Pump Price

After dillydallying, it is now official that the liability Nigerians fear most, fuel subsidy, is real and active after the…

byEkeminiMarch 26, 2021
Bulls Maintain Dominance As Capitalisation Rises By N45 Billion
BusinessInvestingLocal

Bulls Maintain Dominance As Capitalisation Rises By N45 Billion

The bulls maintained dominance on the equity sector of the Nigerian Stock Exchange (NSE) as more blue-chip stocks appreciated, resulting…

byEkeminiMarch 26, 2021
Nigeria’s Parliament Could Pass Oil Reform Bill In April -Minister
BusinessLocal

Nigeria’s Parliament Could Pass Oil Reform Bill In April -Minister

Nigeria’s parliament may pass the long-delayed Petroleum Industry Bill (PIB) in April, the country’s minister of state for petroleum said…

byEkeminiMarch 26, 2021
NNPC Yet To Remit N4.07 Trillion From 2015/2016 Crude Sales
BusinessLocal

NNPC Yet To Remit N4.07 Trillion From 2015/2016 Crude Sales

A review of the 2015/2016 audited report of the Nigeria National Petroleum Corporation (NNPC) has revealed that the organisation may…

byEkeminiMarch 26, 2021
Nigeria May Pay More Than N200 Per Litre For Petrol In April, Says NNPC
Local

Nigeria May Pay More Than N200 Per Litre For Petrol In April, Says NNPC

Indications have emerged that Nigerians may likely pay more for petrol in April. This was disclosed Thursday by the Group…

byEkeminiMarch 26, 2021
Alleged Money Laundering: FG Tenders Before Court $1m Cash Allegedly Recovered From Former Chief of Air Staff, Umar Mohammed
LocalOpinion

Alleged Money Laundering: FG Tenders Before Court $1m Cash Allegedly Recovered From Former Chief of Air Staff, Umar Mohammed

The Federal Government on Thursday March 25 tendered before a Federal High Court in Abuja the sum of one million dollars…

byEkeminiMarch 26, 2021
UAE Waives Rapid Antigen Testing For Nigerians
LocalOpinion

UAE Waives Rapid Antigen Testing For Nigerians

As part of efforts to end the squabbles between Nigeria and United Arab Emirates (UAE), with regards flights between both…

byEkeminiMarch 26, 2021
Apapa: MAN Fumes As Gridlock Threatens 2,000 Export Cargoes
BusinessLocalOpinion

Apapa: MAN Fumes As Gridlock Threatens 2,000 Export Cargoes

The Manufacturers Association of Nigeria Export Group, the Federation of Agricultural Commodity Association of Nigeria, and other stakeholders have lamented…

byEkeminiMarch 26, 2021
CBN Disburses N1.487tr To Boost Food Security
BusinessLocal

CBN Disburses N1.487tr To Boost Food Security

The Central Bank of Nigeria (CBN) has disbursed N1.487 trillion under its various agricultural programmes to boost food security. Its…

byEkeminiMarch 25, 2021
NCDC Announces 96 New COVID-19 Infections Nationwide
LocalOpinion

NCDC Announces 96 New COVID-19 Infections Nationwide

The Nigeria Centre for Disease Control announced 96 new cases of COVID-19 late on Wednesday, bringing the total number of…

byEkeminiMarch 25, 2021March 25, 2021
Exporters Fault Cargo Suspension At Lagos Ports
BusinessLocalOpinion

Exporters Fault Cargo Suspension At Lagos Ports

Nigerian exporters have expressed their disappointment with the Nigerian Ports Authority’s temporary suspension of export at the Lagos Ports Complex…

byEkeminiMarch 25, 2021
NAICOM Moves To Enforce Compulsory Insurance Of Public Buildings
LocalOpinion

NAICOM Moves To Enforce Compulsory Insurance Of Public Buildings

To drive the enforcement of the compulsory insurance of public buildings across the country, The National Insurance Commission (NAICOM) in…

byEkeminiMarch 25, 2021
Aig-Imoukhuede Seeks Insurance Revolution
InvestingLocalOpinion

Aig-Imoukhuede Seeks Insurance Revolution

Former Chief Executive Officer of Access Bank, Aigboje Aig-Imoukhuede, has emphasised the need to focus on and grow other segments…

byEkeminiMarch 25, 2021
MTN Nigeria Unveils Customer Engagement Platform
LocalTechnology

MTN Nigeria Unveils Customer Engagement Platform

MTN Nigeria has unveiled a new unified customer engagement platform, EnGauge, designed to enable small-to-medium enterprise business owners seamlessly administer…

byEkeminiMarch 25, 2021
Nigeria: Devastating Floods Loom, NIHSA Warns Govt, Citizens
AfricaLocal

Nigeria: Devastating Floods Loom, NIHSA Warns Govt, Citizens

The Nigeria Hydrological Services Agency on Wednesday advised the three tiers of government and citizens across the country to prepare…

byEkeminiMarch 25, 2021March 25, 2021
Here’s Why Investment-Interest In Eko Atlantic Is High Despite Economic Slowdown, Land Price
BusinessInvestingLocal

Here’s Why Investment-Interest In Eko Atlantic Is High Despite Economic Slowdown, Land Price

At a time when many developments are struggling to get off ground as a result of Covid-19 impact and general…

byEkeminiMarch 25, 2021
Report Indicts NNPC, CBN, Others Of Under-Remittance To Federal Government
LocalOpinion

Report Indicts NNPC, CBN, Others Of Under-Remittance To Federal Government

A report from forensic auditors, KPMG has indicted about seven government revenue-generating agencies for under-remitting over N526.35 billion and $21.199…

byEkeminiMarch 25, 2021
I Handed $15.8m To Suswam In His Abuja House, Says Witness
LocalOpinion

I Handed $15.8m To Suswam In His Abuja House, Says Witness

The criminal trial of former Benue State Governor Gabriel Suswam resumed on Wednesday at a Federal High Court in Abuja…

byEkeminiMarch 25, 2021
Reps Probe MDAs Over N526bn, $21bn Revenue Leakages, Others
LocalOpinion

Reps Probe MDAs Over N526bn, $21bn Revenue Leakages, Others

The House of Representatives has resolved to investigate ministries, departments and agencies of the Federal Government over various unremitted revenue…

byEkeminiMarch 25, 2021
No Sale, Concession Decision On TCN, Says BPE
InvestingLocal

No Sale, Concession Decision On TCN, Says BPE

The Federal Government has not decided on whether it would sell or concession the Transmission Company of Nigeria, the Bureau…

byEkeminiMarch 25, 2021

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