INEC Plans Online Voter Registration, Targets 16 Million Nigerians
IN a bid to address the cumbersome process of voter registration at the various centres in Nigeria ahead of the…
Category: Local
Leave LG Funds, Budget Monitoring Group Tells Govs
THE Niger Delta Budget Monitoring Group and the Civil Liberties Organisation have called on Nigerian governors to stop using local…
AfCTA: Nigeria Plans $50bn Intra-Africa Exports
The National Action Committee on African Continental Free Trade Area Agreement has disclosed plans to achieve economically viable communities in…
Pension Funds Gained N119.68bn From Equity In Q4 – PenCom
Pension fund investment gained N119.68bn from equity in the fourth quarter of 2020, the National Pension Commission has revealed. Figures…
Nigerian Ports Authority Seals Three Illegal Jetties
The Nigerian Ports Authority has sealed three illegal jetties in its bid to clamp down on unseaworthy barges following increasing…
Fuel Marketers Raise Diesel Price To N265 Per Litre
Against the backdrop of the recent rise in global oil prices, some fuel marketers have increased the price of Automotive…
Federal Government Orders Immediate Resumption Of Domestic Flights Catering Services
Catering services, hitherto suspended at the onset of the COVID-19 pandemic are to resume on domestic flights immediately, the Federal…
Forex Trader Remanded For Defrauding Investors Of N17.4m, $6,300
A self-acclaimed foreign exchange trader, Nanpan Yaniyang, has been remanded by the Lagos State High Court for allegedly defrauding investors…
Only 47 Money Transfer Operators Are Licensed – Central Bank Of Nigeria
The Central Bank of Nigeria has released the list of 47 International Money Transfer Operators that are licensed to operate…
Hadiza Bala Usman: Export Cargoes Barred From Lagos Ports For Two Weeks
The NPA boss told Radio Now 95.3 FM in an interview monitored by TheCable that the suspension is effective Monday,…
Union Bank’s Annual Profit Rises To N25.4bn
Union Bank of Nigeria Plc has posted an increase of 2.8 per cent in its profit before tax for the…
CBN Sets 94% Target For Financial Inclusion By 2024
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged Nigerians to harness the benefits of the…
Central Bank Of Nigeria Reopens N50bn Covid Loan Portal For Households, Businesses
The Central Bank of Nigeria (CBN) is receiving applications for its N50 billion targeted credit facility (TCF) aimed at supporting…
Free Zone: Lagos To Attract Additional $5bn In 4 Years
The Lagos Free Zone (LFZ) which already has a committed investment of $2 billion is poised to attract an additional…
What Data Say Of Nigeria’s Economy
In the data world, like every other genre of science, there is no room for ambiguity but sufficient allowance for…
Forex Scarcity Hampering Airlines’ Operations, Says Onyema
Air Peace has said that it placed a firm order of Boeing 737 Max, which recently was recertified to resume…
Fed Govt Lists N163B Sovereign Sukuk
The Federal Government has listed its N162.56 billion Sukuk on the Nigerian Exchange (NGX) Limited, paving the way for investors…
Minimum Wage: National Assembly Raises Panel To Avert Strike
The Clerk to the National Assembly, Olatunde Ojo, has constituted a nine-member committee to fashion out modalities for the implementation…
UBA: Strong Performance In A Difficult Year
United Bank for Africa (UBA) Plc’s total assets last year leapt two spaces to N7.70 trillions from N5.62 trillion in…
Livestock Sector Can Add N33tn To Economy—Federal Government
Nigeria’s livestock sector has the potential to add N33tn worth of investments to the country’s economy, the Federal Government has…
Power Generation Falls To 3,657MW As Hydro Output Plunges
Electricity generation in the country fell below the 4,000 megawatts mark on Sunday as the output of the hydropower plants…
NNPC’s Proposed Repair Of Port Harcourt Refinery
Within the outgone week, the Executive Council of the Federation reportedly approved the sum of $1.5bn for the turnaround maintenance…
Stock Market Records N140bn Weekly Loss
The Nigerian stock market extended its decline last week as investors lost N140bn. The Nigerian Stock Exchange All-Share Index and…
Forex Scarcity Hampering Airlines’ Operations, Says Onyema
Air Peace has said that it placed a firm order of Boeing 737 Max, which recently was recertified to resume…
POS Merchants Urge CBN To Change Charge-Back Policy
POS merchants operating in Nigeria has called on the Central Bank of Nigeria (CBN) to change its policy on charge-back…
External Reserves Loses $52m In 16 Days
Nigeria’s external reserves has shrunk by $522,525,964 in 16 days. According to recent figures on the Central Bank of Nigeria’s…
FG: Nigeria’s Excess Crude Account Balance Stands At $72.4m
Minister of Finance, Budget and National Planning, Zainab Ahmed, on Thursday disclosed that the nation’s excess crude account (ECA) balance…
External Reserves Drop By $523m In Two Weeks
Nigeria’s external reserves dropped by $523m to $34.475bn as of March 16 from $34.998bn as of March 1, figures from…
N6.98 USSD Flat Rate Will Stabilise Payment System, Says CBN
The Central Bank of Nigeria (CBN) has said the harmonisation of all Unstructured Supplementary Service Data (USSD) fees to a…
Analysts List Measures To Curtail Inflation
Analysts yesterday advised the federal government to work in tandem with the monetary authorities to address challenges in agriculture and…