Naira rebounds, gains N28.15 against dollar
The Naira on Tuesday closed the month of April on a good footing as it gained N28.15 at the official...
Economy
Indomie clears air on price decrease despite inflation
The recent drop in the cost of indomie noodles is due to noticeable improvement in the country’s economy in recent...
NEPC trains farmers on cashew production for export in Imo
The Nigerian Export Promotion Council (NEPC) has trained over 70 cashew growers on the production and processing of cashew for...
NGX: Sell-offs in banking stocks drop value of transactions down 2.60%
Bearish sentiment persisted on banking stocks at the equity market on Friday, making the value of transactions traded on the...
FG to withdraw licenses of mining operators illegally extracting uranium
The Federal Government says it will revoke the licenses of mining operators extracting uranium illegally in Benue. The Minister of...
Encourage Art to boost Nigeria’s economy, young Artist tells government
By Ekuson Nw'Ogbunka, Abuja A young artist, Miss Ifunanya Anunobi has advised the government at levels to encourage Art in...
Resist using forex as collateral for Naira loans, CBN advises bank customers
The Central Bank of Nigeria (CBN) has warned bank customers to desist from using foreign currency as collateral for Naira...
Nestlé trains 200 caterers, food sellers in Enugu on food career skills
The Nestlé Professionals, the Out-of-Home arm of Nestlé Nigeria, on Thursday, trained no fewer than 200 caterers and food vendors...
Naira appreciates further at official market, gains 1.23%
The Naira gained further at the official market, trading at N1,262.85 to a dollar on Wednesday. Data from the official...
N97 trillion debts: Obi advises Tinubu to stop borrowing
The presidential candidate of the Labour Party (LP) in the 2023 general elections, Peter Obi, has berated the President Bola...
CBN increases bank’s capital statute from N25bn to N200bn
The Central Bank of Nigeria (CBN), has increased the minimum capital requirement for Deposit Money Banks (DMBs) with national licences...
Festivities: FCCPC urges consumers to verify bags of rice weights
The Federal Competition and Consumer Protection Commission (FCCPC) has advised consumers to verify the weight of bags of rice in...
Average price of 5kg cooking gas stood at N6,154.50 in February – NBS
The National Bureau of Statistics (NBS) says the average price of 5kg of cooking gas increased from N5,139.25 recorded in...
Inflation: Liquor drinks dealers moan under rising prices, low purchases
Some wholesalers and retailers of liquor and beverages have decried low level of patronage of their products amidst soaring costs,...
National grid restored after partial disturbance -TCN
The Transmission Company of Nigeria (TCN) says the national grid has been fully restored after a partial disturbance at about...
Group fears govt borrowings sliding citizens into poverty
Lawrence Nwimo, Awka Civil Rights Concern has raised an alarm over what it described as a gradual slide of the...
CBN disburses $61m to foreign airlines to resolve mature foreign exchange backlog
The Central Bank of Nigeria (CBN), says it has disbursed 61.64 million dollars to foreign airlines through various Deposit Money...
Partnership, collaborations key to optimal productivity in S’East – Experts
Lawrence Nwimo, Awka The long awaited 2023 edition of The Pivot Conference has ended with a call for stakeholders to...
Nigeria Needs More Than Unified Exchange Rate to Become Producing Nation – Enemuo
David-Chyddy Eleke in Awka A business man and manufacturer, Mr Christopher Enemuo has said that Nigeria needs more than just...
GOVERNOR SOLUDO SIGNS 5-YEAR DEVELOPMENT MOU WITH UNDP
By Christian ABURIME Governor Chukwuma Charles Soludo CFR, on behalf of Anambra State Government has signed a five-year agreement with...
