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Nigeria’s $1.5bn Annual Spend On Diary Products Import Regrettable ― Minister

Alhaji Sabo Nanono,the Minister of Agriculture and Rural Development, Alhaji Sabo Nanono has regretted that Nigeria spends about $1.5 billion importing dairy products annually. He expressed that despite the potentials in the

4 years ago

by Mohammed Shosanya

We Are Not Broke-NNPC

The Nigerian National Petroleum Corporation (NNPC) has explained thatbthe zero revenue projection for May pertains only to the federation revenue stream it manages and not a reflection of its overall financial performance.

4 years ago

Oil&Gas

Banks,Partners Pledge US$17 billion To Boost Food Security In Africa

A coalition of multilateral development banks and development partners have pledged over US$17 billion in financing to address rising hunger on the African continent and to improve food security. These funds were

4 years ago

Banking&Finance

SEPLAT Records $28 million Profit In Q1

Seplat Petroleum Development Company Plc,has announced its unaudited results for the three months ended 31 March 2021, recording a rise in revenue by 16.8 per cent to $152.4 million with increased operational

4 years ago

Oil&Gas

WAEC Goes Tough On Examination Malpractices

The West African Examinations Council has announced stringent measures to stem the tide of recurring examination practices among its candidates The Nigeria Examinations Committee (NEC) of the West African Examinations Council, announced

4 years ago

Education

Senators Drill Humanitarian Minister Over N32.4 billion COVID-19 Palliative Fund

The Senate has faulted the Minister of Humanitarian Affairs , Disaster Management and Social Development , Hajia Sadiya Umar Farouq , for the manner in which the N32.4billion allocated to her office

4 years ago

Politics

Why We Sacked Directors Of First Bank- CBN

The Central Bank of Nigeria (CBN) has explained that it sacked all the directors of First Bank of Nigeria (FBN) Limited and First Bank of Nigeria (FBN) Holdings Plc to safeguard the

4 years ago

Banking&Finance

Fidelity Bank Rakes In N10.1bn In Q1

Fidelity Bank Plc,says its profit margin hits N10.1bn in the first quarter of the year. Details of the unaudited results, released at the Nigerian Stock Exchange (NSE) show that Profit before Tax

4 years ago

Banking&Finance

Group Urges FG To Halt Planned Hike In Electricity Tariff

The Nigeria Consumer Protection Network has urged the Federal Government to halt the planned increase in electricity tariff in the country, saying the development would cause untold hardship to most Nigerians Kunle

4 years ago

Power

Appointment Of New First Bank’s MD Faulty-CBN

The Central Bank of Nigeria has picked holes in the removal of the erstwhile managing director of First Bank of Nigeria Limited, Adesola Kazeem Adeduntan and the hurried appointment of his replacement

4 years ago

Banking&Finance

Insecurity Threatens Investors’ Confidence In Nigeria-LCCI

The Lagos Chamber of Commerce and Industry(LCCI),has deplored the spate of insecurity in Nigeria,saying it will worsen investors’ confidence in the country. Mrs.Toki Mabogunje,the President of the chamber,noted that investors’ confidence had

4 years ago

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