Blog

NUPENG threatens strike in Lagos over tanker drivers' safety

Why fuel scarcity persist – Marketers

The Independent Petroleum Association of Nigeria has attributed the current fuel scarcity to unavailability of petroleum products and difficulty in accessing foreign exchange by marketers. The Operations Controller of lPMAN, Mike Osatuyi, made the remarks in an interview with the News Agency of Nigeria in Lagos on Sunday. Osatuyi said it had become necessary to […]

agencyreport
27th November 2022
1 Comment
421 Views

Business featured

Kano shuts Chinese firm for violating sanitation law

The Kano State Committee on Sanitation shut down a Chinese metal recycling plant in Kano on Saturday for operating during the monthly environmental sanitation exercise. It also slammed N5 million fine on the company for the transgression. The committee’s mobile court presided over by Magistrate Auwal Sulaiman gave the order to shut the facility and […]

agencyreport
27th November 2022
1 Comment
373 Views

Trapped funds: CBN to give foreign airlines $150m

featured Finance tips

Monetary policy’ll reduce inflation by 15% – CBN

The governor of the Central Bank of Nigeria, Godwin Emefiele, has predicted that with the help of the CBN’s numerous monetary policy instruments, inflation rates will progressively decline to less than 15% by the end of 2023. According to data from the National Bureau of Statistics, inflation in Nigeria reached a record high of 5.09 […]

jonuorahpdnlimited-com
26th November 2022
0 Comments
452 Views

CBN fines banks N1m daily over refusal of new naira

Business featured

Nigeria to reach 95% financial inclusion by 2024 – CBN

The Central Bank of Nigeria has said that it hopes to achieve 95% financial inclusion by 2024. To achieve this, it said the Federal Government has released five strategic policy studies. The apex bank disclosed this in its communiqué no. 145 which was issued following the most recent meeting of its Monetary Policy Committee in […]

jonuorahpdnlimited-com
26th November 2022
5 Comments
381 Views

Appeal Court overturns Emefiele’s asset forfeiture order

Nigeria’s rising inflation align with global trend – Emefiele

The governor of the Central Bank of Nigeria, Godwin Emefiele, said the steady increase in headline inflation from 15.60 per cent in January to 20.77 per cent in September was consistent with global trends. Emefiele said this at the 57th Annual Bankers Dinner, organised by the Chartered Institute of Bankers Nigeria, on Friday, in Lagos. […]

jonuorahpdnlimited-com
26th November 2022
3 Comments
241 Views

Maritime

FG to life ban in Nigerdock terminal

The Federal Government has announced that it is planning to lift the ban imposed on Nigerdock terminal following the firm’s willingness to abide by the rules amid its contributions to the growth of the national economy. According to a statement released by the Deputy Director of Press, Anastasia Ogbonna, on Friday, the Minister of […]

aadelekepdnlimited-com
25th November 2022
2 Comments
729 Views

featured Foods

FG targets sorghum production to boost food security

The Federal Government will progressively produce Sorghum toward meeting the country’s food and industrial demand in the face of climate change and insecurity. The Minister of Agriculture and Rural Development, Dr Mohammad Abubakar, made this known at the presentation of the report of the Sorghum Technical Committee in Abuja on Thursday. Abubakar said the committee […]

agencyreport
25th November 2022
1 Comment
361 Views

Agribusiness

Edo govt supports farmers with rice mills, others

The Edo State Government has acquired equipment and trained farmers for agro-processing in its quest to boost food production across different locations in the state. The Commissioner for Agriculture and Food Security, Stephen Idehenre, made this known while addressing farmers at the Rubber Estate Nigeria Limited, Ovia South-West Local Government Area, noting that the […]

aadelekepdnlimited-com
23rd November 2022
2 Comments
330 Views

New naira notes’ll help control money circulation – CBN

The Governor, Central Bank of Nigeria, Godwin Emefiele, has said the newly redesigned currency will help the apex bank control money in circulation. Emefiele also said the initiative was not targeted at anyone and that it would give the nation’s lender control over the amount of money in circulation. He stated this while briefing State […]

aakilani769gmail-com
23rd November 2022
1 Comment
295 Views

Economy featured

Buhari justifies cashless economy policy

The President, Major General Muhammadu Buhari (retd.), has reiterated the need for a cashless economy in Nigeria. According to The Nation, Buhari said this in Lagos, on Tuesday, at the luncheon and official unveiling of the National Institute of Credit Administration Act. He stated that a cashless economy remains one of the enduring legacies any […]

oamudipepdnlimited-com
23rd November 2022
2 Comments
369 Views

Emefiele orders banks to dispense old naira notes - Soludo

Economy

Inflation: CBN raises interest rate to 16.5%

The Monetary Policy Committee of the Central Bank of Nigeria have voted to increase the benchmark interest rate by 100 basis points to 16.5 per cent, the highest since 2001. The CBN Governor, Godwin Emefiele, disclosed this while reading the communique of the last MPC meeting of the year on Tuesday. The MPC […]

aadelekepdnlimited-com
22nd November 2022
3 Comments
330 Views

Economy

Inflation: NBCC raises concerns over excise duty increment

The Nigeria-British Chamber of Commerce has warned that the proposed increment in the excise duty by the federal government will lead to more inflation in the country. Daily Post reported that the organisation made this assertion via a statement issued on Tuesday by its President, Mrs Bisi Adeyemi. Recall, that the federal government […]

aadelekepdnlimited-com
22nd November 2022
1 Comment
347 Views

Lasaco Assurance raises ₦19.3bn in rights issue

United Capital posts ₦24.8bn pre-tax profit in H1

Nigeria is facing shortage of investment-ready startups, not

AMCON recovers N165bn from bank debtors in H1

Contact Info

Some Populer Post

Cash outside banks drop to ₦4.92trn, lowest in months

Lasaco Assurance raises ₦19.3bn in rights issue

Nigeria, Netherlands deepen partnership on migration, human smuggling

United Capital posts ₦24.8bn pre-tax profit in H1 2026

Why fuel scarcity persist – Marketers

Kano shuts Chinese firm for violating sanitation law

Monetary policy’ll reduce inflation by 15% – CBN

Nigeria to reach 95% financial inclusion by 2024 – CBN

Nigeria’s rising inflation align with global trend – Emefiele

FG to life ban in Nigerdock terminal

FG targets sorghum production to boost food security

Edo govt supports farmers with rice mills, others

New naira notes’ll help control money circulation – CBN

Buhari justifies cashless economy policy

Inflation: CBN raises interest rate to 16.5%

Inflation: NBCC raises concerns over excise duty increment

Cash outside banks drop to ₦4.92trn, lowest in.

Lasaco Assurance raises ₦19.3bn in rights issue

Nigeria, Netherlands deepen partnership on migration, human smuggling

United Capital posts ₦24.8bn pre-tax profit in H1.

Sign Up for Our Newsletter