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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

Ecobank Group Declares N641.8b Revenue In 2020

Ecobank Group says it attained N641.8 billion revenue last year, representing nine per cent increase compared with N586.9b posted in the corresponding period of 2019. Its gross earnings was stable at N841.1

4 years ago

Banking&Finance

Depot Owners Raise Alarm Over Fuel Disruption To North

The Petroleum Products Depot Owners Association (PPDOA), has raised alarm over disruption of supply of petroleum products to all the 19 states in Northern Nigeria . Barrister Trichia Okereke, Executive Secretary, PPDOA,who

4 years ago

Oil&Gas

Forex Scarcity:CBN Disburses $80m To Banks Weekly

Godwin Emiefele,the Governor of Central Bank of Nigeria (CBN ),has said that the apex bank disbursed at least $80m are disbursed to banks weekly to enable Nigerians meet their foreign exchange responsibilities

4 years ago

Banking&Finance

Sanwo Olu Explains Focus On Human Capital Index

Lagos State Governor Babajide Sanwo-Olu has said that his adminstration deliberately focuses on human capital index, including health and education, as well as policies that can create the future for the young

4 years ago

News

Buhari Celebrates Elumelu

The President, Major General Muhammadu Buhari (retd.), has congratulated the Chairman of United Bank for Africa and Transcorp, Tony Elumelu, on his 58th birthday. His congratulatory message was contained in a statement

4 years ago

Banking&Finance

Failed Transactions:Access Bank Upgrades Service Platforms

Access Bank Plc, has upgraded its service platforms to allow for resolution of failed transactions within one business day. The bank has guaranteed that all failed transactions will be reversed within one

4 years ago

Banking&Finance

NPA Goes Tough On Illegal Jetties Operators

The Nigerian Ports Authority (NPA)has clamped down on unsea-worthy barges while three illegal jetties have been sealed The NPA explained that the decision followed the establishment of an inter-agency committee comprising of

4 years ago

Maritime

Why We Can’t Build New Refinery-NNPC Boss

The Nigerian National Petroleum Corporation (NNPC) ,Monday,said the idea behind the approval of yesterday $1.5 billion for the rehabilitation of the Port Harcourt refinery would benefit the country in the long run.

4 years ago

Oil&Gas

$1bn Arms Purchase: Reps Mulls Sanction Against CBN Gov,Chief Of Army Staff

The House of Representatives has summoned the Governor of Central Bank of Nigeria(CBN),Godwin Emiefele Governor and the Chief of Army staff, Gen. Ibrahim Atahiru to appear before it on April 7. The

4 years ago

Nigeria News

FG Wont Fail Nigerians On $1.5bn Refinery Rehabilitation-Sylva

Chief Timipre,Sylva,the Minister of State for Petroleum Resources,has said that there was no cause for alarm on the $1.5billion voted for the rehabilitation of the nation’s Port Harcourt refinery. Speaking on a

4 years ago

Oil&Gas

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