As Dakuku Peterside Bows Out, Jimoh Steps In As NIMASA Boss
Executive Director of Administration and Finance of the Nigerian Maritime Administration and Safety Agency (NIMASA), Bashir Jimoh has been appointed the Agency's Director General...
Nigeria Emerges Largest Economy In Africa, Overtakes South Africa
Nigeria has emerged the largest economy on the African continent, overtaken South Africa which slump into its second recession in two years, as severe...
Dr. Kingsley Obiora Assumes Duty As CBN Deputy Governor
Dr. Kingsley Isitua Obiora has formally assumed office as Deputy Governor of the Central Bank of Nigeria (CBN), replacing Dr. Okwu Joseph Nnanna, who...
Era Of Borrowing From Bank And Not Paying Back Is Gone, CBN Governor Warns...
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has warned those who are in the habit of taking loans from bank and...
Ebonyi Moves To Establish Electric-Powered Vehicle Assembly Plant
Ebonyi State Government has announced plans to partner with National Automative Design and Development Council (NADDC) to establish an electronic powered vehicle assembly plant...
Bank Of Industry Okays N20 Million Technology Fund For Young Nigeria Innovators
The Bank of Industry has approved a $20 million technology fund for young innovators, even as the Central Bank of Nigeria (CBN) has offered...
Electricity Regulator Restricts Distribution Companies To N1,800 Per Unmetered Consumers
The Nigerian Electricity Regulatory Commission (NERC) has barred the 11 Distribution Companies (DisCos) from charging residential customers above an average of N1,800 monthly until...
Central Bank Injects $292.34 Million, CNY 22.8 Million Into Retail SMIS
The Central Bank of Nigeria (CBN) has again intervened in the inter-bank foreign exchange market by injecting the sum of $292.34 million into the...
Nigeria Plans Agricultural Processing Zone In Each Senatorial District
The Nigerian government is to establish agricultural processing zones in each Senatorial district across the country. Minister of Industry, Trade and Investment, Adeniyi Adebayo, who...
Federal, States And Local Govts Share N647.29 Billion For January
The Federal, States and Local Governments have shared a total of N647.35 billion for the month of January as the Federation Account Allocation Committee...
