The Federal Government has ordered the closure of bank accounts of government agencies that have failed to remit their revenues to the…
Business News Report
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Minister of Agriculture and Rural Development, Dr Akinwumi Adesina, said Nigeria saved N254 billion through the substitution cassava flour in bread baking…
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The Debts Management Office ((DMO) says it will sell Federal Government bonds worth N85 billion. The DMO said in a statement titled “June…
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The market indices of the Nigerian Stock Exchange (NSE) depreciated further by 0.42 per cent on Friday due to massive sell pressure. The market…
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Naira depreciated against some major international currencies at the official and parallel markets on Friday. At the official market, the naira exchanged…
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African Independent oil and gas company Taleveras has signed a Farm-Out Agreement with a subsidiary of LUKOIL, Russia’s largest private oil company,…
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Boards of Governors of African Development Bank (AfDB) and of the African Development Fund (ADF) announced the return of the AfDB to…
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The Central Bank of Nigeria (CBN) has commenced arrangements for the start off of its cashless policy in Abuja and five other…
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The world is heading for a glut of refined products as new Asian and Middle East refineries increase oil processing in a…
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Price Losses by major blue chip companies forced the market indicators of the Nigerian Stock Exchange (NSE) to depreciate after seven days…
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Federal government has opened up 10 power plants under the National Integrated Power Project (NIPP) for international investment in London. Prof. Chinedu Nebo,…
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THE EXCERPT: I want to start by saying that we are never upset by a critical examination of what we are doing.…
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Nigerian economy is on the stranglehold of debt. At the national, sub-national, corporate and individual levels, debts owed to banks have held…
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Nigerian billionaire and Africa’s richest man Aliko Dangote has scored yet another first. This time, he has been named the Africa’s first…
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The Federal Government has concluded plans to stop the importation of wheat into the country in order to create markets for farmers…