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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

March 31, 2021

by Mohammed Shosanya

Shell Plans Award Of Offshore Vessel Contract In Nigeria

Shell says it is finalising plans to award a significant contract in Nigeria that could involve the supply of up to 14 offshore vessels chartered on a firm and call-off basis. The

October 26, 2021

Oil&Gas

Reps,Minister,NLC Tie Privatization Failure To Deficient Infrastructure

The Speaker of the House, Femi Gbajabiamila, and members of the House Committee on Privatization and Commercialization, as well as the President Nigeria Labour Congress NLC, Mr Ayuba Wabba and other key

October 26, 2021

News

Banks Get N200m eNaira

The Central Bank of Nigeria(CBN)has minted N500 million eNaira and has already issued N200 million eNaira to banks. The digital currency went live Monday after an official launch by President Muhammadu Buhari.

October 26, 2021

Banking&Finance

Fraud:World Bank Blacklists 18 Nigerian Firms, Individuals

A new report by the World Bank has revealed that 18 Nigerians firms and Individuals have been blacklisted for engaging in corrupt practices, fraud and collusive practices in its 2021 the fiscal

October 26, 2021

News

Why Nigeria Needs eNaira -Buhari

President Muhammadu Buhari,has explained that he gave nod for the establishment of digital currency better known as eNaira on the strength of its benefits to the country. He spoke in Abuja at

October 26, 2021

News

Nigerian Solar Firm Wins $50,000 USADF Grant

One of Nigeria’s solar firms,GreenPower Overseas Limited,has won the United States African Development Foundation’s (USADF) $50,000 grant and $50,000 ALLON facility for the off-grid Energy Challenge for 2021. The USADF is an

October 25, 2021

Power

Abolongo: FG Vows To Recapture Escapee Inmates

Minister of Interior, Ogbeni Rauf Aregbesola has vowed to pursue and recapture all inmates who escaped from the Abolongo Custodial Centre of the Nigeria Correctional Service, NCoS, on Friday night during a

October 25, 2021

News

Egypt,South Africa Dwarf Nigeria In Steel Production

Egypt and South Africa have outpaced Nigeria in steel production inspite of the country’s huge capacity,administrator of Ajaokuta Steel Company Limited,Engr.Sumaila Abdul-Akaba,has said. He disclosed this at a stakeholders roundtable in Lokoja

October 25, 2021

Uncategorized

Pencom:Pension Funds Invested In Banks Hit N2.05tn

The National Pension Commission(Pencom),has said that the total amount of pension funds invested in banks by Pension Fund Administrators rose to N2.05tn at the end of July from N1.48tn in January. The

October 25, 2021

PENCOM

ICC Moves To Investigate Abduction Of Schoolchildren In Nigeria

The prosecutor of the International Criminal Court (ICC) is set to seek authorisation from the pre-trial chamber of the court to open an investigation into cases of abduction of schoolchildren in several

October 25, 2021

News

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