Business
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Why travelers should wrap their bags at the airport — NDLEA commander
Ahmadu Garba is the Commander, National Drug Law Enforcement Authority (NDLEA), Murtala Muhammed International Airport Command, Lagos. In this exclusive interview, Garba advised travellers to always wrap their luggage to avoid it being stuffed with […]
Agriculture
Innovation: Agric technology to increase food production- NABDA
Earlier this year, the National Biotechnology Development Agency (NABDA) in collaboration with stakeholders organised a workshop in Abuja for farmers, educating them on the need to embrace the modern techniques used in western countries to […]
Business
2019 polls didn’t affect economic stability – FG
The Federal Executive Council (FEC) said Monday that it was excited that the conduct of the 2019 elections did not affect the nation’s economic stability as highlighted in a report released by the National Bureau […]
Business
Stakeholders commend CAC over ease of doing business
A business association, Small Scale Consultative Forum comprising start-up businessmen and women in Abuja, have commended the Corporate Affairs Commission (CAC) and its acting registrar general, Lady Azuka Azinge, for the life-touching reforms so far […]
Business
US, China trade war good for naira stability – Gwadabe
The trade wars between the United States of America (US) and China contributed to higher crude oil (Brent) prices, which is good for the naira and Nigerian economy, President, Association of Bureaux De Change Operators […]
Business
No staff sacked, NNPC explains
The Nigerian National Petroleum Corporation (NNPC) has explained the recent staff movements in the Corporation, saying it was normal replacement and backfill exercise to bridge the gap occasioned by impending retirement of some management staff […]
Business
NSE: Equity market gains N219bn
Trading activities on the floor of Nigerian Stock Exchange (NSE) Monday closed northward following gains recorded by some highly capitalized companies, gaining N219 billion. Specifically, market capitalization of listed equities appreciated by 1.72 per cent […]
Business
Updated: Nigeria’s GDP down by -0.38% in Q1 2019
The National Bureau of Statistics has said that Nigeria recorded a Gross Domestic Product (GDP) grew by 2.01 per cent in the first quarter of 2019. According to the NBS in its Nigerian Gross Domestic […]
Business
FEC okays 0.2% new AU import levy
The Federal Executive Council (FEC) on Monday approved approved the introduction of new import levy of 0.2 percent in order to help the country sustain its subscription with the international organisations like the World Bank […]
Business
We’ll partner relevant agencies towards developing Nigeria’s environment-Odusote
The Permanent Secretary, Federal Ministry of Environment, Mrs. Ibukun Odusote, has expressed the commitment of her Ministry to partner relevant agencies in implementing developmental projects and cardinal programmes that will improve the state and well-being […]
Business
World Telecom Day: Minister wants stiff measures to bridge standardisation gap
Minister of Communications Dr Abdur-raheem Adebayo Shittu has called on all stakeholders and government at all levels to put up stiff measures that would bridge the standardisation gap. The minister said this Friday at the […]
Business
Fuel prices may soar as Bank of America forecasts oil hitting $90
The trade war between the United States of America and China could result in a weaker dollar and stronger global growth, which along with International Maritime Organization, IMO, changes to shipping fuel rules could raise […]
Business
FEC approves N3.8bn for FCT infrastructure development
The Federal Executive Council (FEC) at its extra-ordinary session on Monday approved N3.8 billion for the execution of various projects in the Federal Capital Territory (FCT). Minister of FCT, Mr Mohammed Musa Bello, who disclosed […]
Business
FIRS to impose VAT on online transactions says Fowler
The Federal Inland Revenue Service (FIRS) says it will soon begin collection of Value Added Tax (VAT) on online transactions. The Chairman of the agency, Mr Babatunde Fowler, made the disclosure in an interview with […]
Business
We’ll give our best to support Gambia succeed in TSA – AGF
The acting Accountant-General of the Federation (AGF), Mr. Mohammed Kudu Usman has promised the support of the Office of the Accountant-General of the Federation to the visiting Gambian team on Treasury Single Account (TSA). Mr. Usman […]
Business
Seplat targets largest supplier of processed gas
Seplat Petroleum Development Plc is set to grow its gas business to become the largest supplier of processed gas to the domestic market in Nigeria in the coming year. Chief Executive Officer of Seplat, Mr Austin Avuru who disclosed […]
Business
Dangote named among greatest leaders on Earth
Foremost philanthropist and richest man in Africa, Aliko Dangote has been rated 11th of the 50 world’ greatest leaders for 2019. The rating carried out by the Fortune Magazine, an American multinational business magazine headquartered in New […]
Business
CBN to pursue policies that’ll further diversify economy—Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said in the next five years, the apex bank would aggressively pursue policies that will further diversify the Nigerian economy. He said […]
Business
Heritage Bank promotes CBN’s sustainable development in business operation
Heritage Bank Plc has recorded positive impact in the implementation of the Central Bank of Nigeria (CBN) initiative on Nigeria Sustainable Banking Principle (NSBP) by giving its backing to greener environment in order to deliver […]
Business
BDCs operators urged to activate other official e-mails, shun Yahoo, Gmail
The Association of Bureaux De Change Operators of Nigeria (ABCON) has enjoined all Bureuaux de Change (BDCs) licensed by Central Bank of Nigeria (CBN) to create or activate over 4,000 official/ corporate emails on its […]
Business
CBN revised guidelines set to strengthen Mortgage banking subsector
The Central Bank of Nigeria (CBN) has said that the revised guideline for primary mortgage banks designed to strengthen and complement other on going reforms in the mortgage subsector. The apex bank said that notwithstanding […]
Agriculture
ActionAid calls for enactment of agric extension policy
The ActionAid Nigeria has called on the federal government to enact an agricultural extension policy that would guide and regulate the practice of agricultural extension and advisory services in Nigeria, for assured and sustainable funding mechanism […]
Agriculture
FG signs MoU with partners on cattle breeders improvement project
The federal government has signed a Memorandum of Understanding with Kiyasa Farm Limited, on cattle breeders Improvement Project, and Cikasoro Farm Limited, on Livestock Market. Signing the MoU on behalf of the government in his […]
Agriculture
$2bn award against Monsanto: AFSA tasks FG on product use
The Food Sovereignty Coordinator Friends of the Earth Nigeria and Africa, has called on the federal government to as a matter of urgency ban the use of Mosanto products, saying the recent judgment of Alameda County […]