CBN Injects $321.11 Million, CNY 33.3 Million Into Retail SMIS
The Central Bank of Nigeria (CBN) has made another intervention in the Retail Secondary Market Intervention Sales (SMIS) to the tune of $321, 112,537.31. Figures...
Scarcity Of Aviation Fuel Hits Airlines, Raises Prices
Scarcity of aviation fuel (Jet A1) in the domestic market has hit airlines, leading to astronomical rise in the price of the commodity wherever...
Rice Farmers Support Border Closure To Stem $400 Million Loss To Rice Smuggling
Rice Processors Association of Nigeria(RIPAN) has thrown its weight behind the government of President Muhammadu Buhari over the closure of Nigeria’s border, especially with...
Elumelu Storms Japan, Delivers Keynote Address On Empowering Young Entrepreneurs
Founder of the Tony Elumelu Foundation and the Chairman of the United Bank for Africa (UBA), Chief Tony O. Elumelu, has arrived in Tokyo,...
CBN Cautions Nigerians Against Falling Prey To Scammers About Loans
The Central Bank of Nigeria (CBN) has cautioned Nigerians against falling prey to unscrupulous people linking the bank to fake loan offers to interested...
Federal, State, Local Governments Owe NNPC N797 Billion – NEITI
The federal, state and local governments are believed to be indebted tothe Nigerian National Petroleum Corporation (NNPC) to the tune of N797 billion. In a...
Nigeria Moves To License Foreign Broadcasting, Online Radio, TV Stations
The government of Nigeria has concluded arrangements to begin wide ranging reforms in the broadcasting industry, including the licensing of foreign broadcasting, online radio and...
Finance Minister Paints Bright Economic Performances, Says Inflation Is Declining
Newly sworn-in minister of Finance, Budget and National Planning, Hajiya Zainab Shamsuna Ahmed has painted a bright feature of the economic performances in Nigeria,...
NNPC Releases Names Of 15 Companies That Win Crude oil contract For 2019/2020
The Nigerian National Petroleum Corporation (NNPC) has released the names of 15 companies that have won the Direct Sales and Direct Purchase (DSDP) of...
Nigeria Agrees To Continue With Cut In Oil Production By 1.2 Million Barrels Per...
Nigeria has agreed to continue with cut in oil production by 1.2 million barrels per day as was agreed at the last ministerial meeting...
