Business
COVID-19: SEC harps on quick economic diversification
The Securities and Exchange Commission, SEC, says the current COVID-19 pandemic calls for urgent diversification of the nation’s economy.
Nigeria spends $14bn on generators annually – AfDB Director
The African Development Bank, AfDB’s Director in charge of Nigeria, Ebrima Faal, has said Nigerians spend about 14billion on generators...
COVID-19: CBN slashes interest rates, offers N50bn credit to SMEs
The Central Bank of Nigerian, CBN, on Monday announced its decision to down interest rates of all applicable CBN intervention...
Nigeria’s onshore oil spills rise to 41% due to sabotage – Shell
The Royal Dutch Shell annual report has said the onshore Nigeria subsidiary saw a 41% rise in the number of...
AfDB to invest $200m to boost electricity supply in Nigeria
The African Development Bank, AfDB, is to invest 200 million dollars through the Rural Electrification Agency, REA, to boost power...
COVID-19: Investment in agriculture key — CBN
The Central Bank of Nigeria, CBN, says the impact of COVID-19 on economy is becoming severe, especially the declining global...
Forex: Reps move to block over $30bn annual revenue leakages
The House of Representatives has resolved to investigate various malpractices in foreign exchange allocation to companies by the Central Bank...
Kingsley Obiora resumes office as new CBN deputy governor
Kingsley Obiora has formally assumed office as deputy governor of the Central Bank of Nigeria, replacing Dr Okwu Nnanna, who...
Ex-investment tribunal chairman sues finance minister over alleged unlawful removal
The former Chairman of Investment and Securities Tribunal, IST, Siaka Idoko-Akoh, on Monday dragged the Minister of Finance and five...
Nigerian govt earmarks N12.5bn for irrigation project in Gombe
The Federal Government says it will spend N12.5 billion on Transforming Irrigation Management In Nigeria, TRIMING, in Gombe State and some...