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...

Central Bank To Disburse Lower Currencies To Microfinance Banks

The Central Bank of Nigeria (CBN) has released guidelines for the disbursement of lower denominations of the naira through microfinance banks (MFBs) across the...

Buhari To CBN: Don’t Spend A Kobo From Foreign Reserve On Food Importation

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to stop providing foreign exchange for importation of food into the country, with...

Businessman Returns Over N2.2 Billion Wrongly Credited To His Account

Managing Director of Peace Mass transit, Dr. Sam Maduka Onyishi has returned the sum of N2,219,500,000 which he said was wrongly paid into his...

Fall Of Stock Price: Zenith Bank Chairman, Jim Ovia, Loses $64 Million

Founder and Chairman of Zenith Bank, Jim Ovia, has reportedly lost about $64 million in the last six months as the stock price of...

Central Bank Injects $280.04 Million, CNY 28.3 Million Into Retail SMIS

The Retail Secondary Market Intervention Sales (SMIS) has received a boost of $280.04million from the Central Bank of Nigeria (CBN), which also injected the...

Osinbajo Begs Chinese Investors To Help Nigeria Realize Its Food Production Potentials

Vice President Yemi Osinbajo has appealed to Chinese investors to help Nigeria realize its potential of becoming the food basket of the world. Osinbajo told...
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