FG crafting 10-year National Development Plan ― Budget Minister
The federal government is crafting a 10-year National Development Plan, the Minister of State, Budget and National Planning, Prince Clem…
Category: Local
Coronavirus: Companies tell workers ‘stay at home’
Companies in China have advised staff to work from home in an attempt to slow the spread of the deadly…
FG offers $1.1billion Agric mechanisation scheme
No less than 100,000 youths are to benefit directly from the Federal Government’s $1.1bn agriculture mechanisation scheme known as the…
Shakeup in Unilever management following massive losses recorded in 2019
Last November, Unilever Nigeria announced the resignation of its CEO, Yaw Nsarkoh. Prior to his resignation, Mr Nsarkoh was placed…
Nigeria govt restructures cocoa industry to benefit from $67bn global market
The Federal Government (FG) is collaborating with the Governors of cocoa-producing states and other stakeholders to enable Nigeria benefits from…
Recapitalisation: NAICOM plans to retain 70% local content
Equities listed on the Nigerian Stock Exchange generated a total turnover of 1.237 billion shares worth N22.76bn in 21,156 deals…
7.5% VAT implementation begins February 1
The Federal Government will from Saturday (February 1) begin the implementation of 7.5 per cent Value Added Tax espoused by…
CBN raises Cash Reserve Ratio to 27.5%
The Central Bank of Nigeria has raised the Cash Reserve Ratio from 22.5 per cent to 27.5 per cent. Briefing…
Banking sector gross credit grows by N2trn in 7 months — Emefiele
The Central Bank of Nigeria governor, Godwin Emefiele (CBN) says the Banking Sector Gross Credit has grown by two trillion…
Central Bank of Nigeria appoints directors
The Central Bank of Nigeria (CBN) has announced the appointment and redeployment of some directors. A statement from the CBN…
BUA, Seplat, Dangote Cement lift NSE Index higher by 0.5%
The equities market on the Nigerian Stock Exchange, NSE ended today’s session Thursday in the green as the All Share…
Dangote Foundation empowers 34,000 women in Katsina
THE Aliko Dangote Foundation (ADF) has empowered no fewer than 34,000 vulnerable women from all the 34 local governments in…
DFID spends £250m yearly on gender equality programmes
The Department for International Development (DFID), said it invests £250 million yearly for the promotion of programmes anchored on gender…
Buhari directs trade minister to set up agro-allied industry in 36 states
The President, Major-General Muhammadu Buhari (retd) has directed the Ministry of Industry, Trade and Investment to establish agro-allied industry in…
BUA, Seplat, Dangote Cement lift NSE Index higher by 0.5%
The equities market on the Nigerian Stock Exchange, NSE ended today’s session Thursday in the green as the All Share…
Refineries recorded N123.3bn loss in 10 months – NNPC
The country’s refineries under the management of the Nigerian National Petroleum Corporation made a cumulative loss of N123.25bn from January…
NSE: Market indicators sustain downtrend by 0.02%
The Nigerian equities market sustained a negative trend on Wednesday with the market indices dropping marginally by 0.02 per cent.…
Farmers to kick off N9 billion moringa plantation
Moringa farmers in partnership with a Nigerian firm has disclosed plans to flag off an N9billion Moringa oleifera farming plantation…
Law Union, Lafarge, Unity Bank lead gainers’ chart on Tuesday
The Nigerian Stock Exchange traded negatively on Tuesday as the all-share index dipped 0.83% to close at 29,462.76 index points…
Ecobank partners USAID, NIRSAL, DBN on agric funding
Ecobank Nigeria is opening up multiple partnerships with the United States Agency for International Development (USAID), Nigeria Incentive-based Risk-Sharing System…
FAAC Distribution Short of States’ Needs
The gross monthly payout by the Federation Account Allocation Committee (FAAC) to the three tiers of government amounted to N716bn…
Flutterwave raises $35 million to expand operations
Nigerian payment firm, Flutterwave has disclosed its expansion plans to Francophone and northern Africa as it raises a $35 million…
Nigeria among top gainers as UK-Africa summit yields £6.5bn deals, £1.5bn aid
The UK-Africa investment summit which was held in London has yielded business deals of about £6.5 billion with Nigeria among…
FG excludes tuition fees, basic food items, others from 7.5% VAT
The Federal Government (FG) has exempted about 20 basic food items and some other transactions/items from the new 7.5% Value…
Customers Slam GTBank Over Several Hours Of Downtime
Nigerian multinational financial institution Guaranty Trust Bank plc also known as GTBank is currently having network issues and customers have…
How CBN Can Devalue Naira By 5 – 10 % – Analysts
The Central Bank of Nigeria (CBN) could devalue the Naira between 5-10% in 2020, according to analysts at EGM Hermes.…