FG ‘reaches’ agreement with ASUU, says strike ends soon
The Federal Government has expressed optimism that the decisions reached in its three-part meeting with university-based unions would yield fruits next week. The Head, Press and Public Relations in the…
Nigeria’s oil production falls over poor maintenance -World Bank
The World Bank has said that Nigeria’s oil production declined in 2021 due to a lack of maintenance and the loss of infrastructure efficiency. It added that Nigeria was yet…
Workers in formal sector earn N159tn in four years – NBS
Employees in Nigeria’s formal sector earned N159.01tn from 2018 to 2021, according to data from the National Bureau of Statistics. The statistics body revealed this in its ‘Nigerian Gross Domestic…
BDC operators demand new forex window
The Association of Bureaux De Change Operators of Nigeria has called on the Central Bank of Nigeria to establish BDCs’ Autonomous Foreign Exchange Trading window with a determined maximum daily…
Emirates Airlines to accept Bitcoin payments on website
Emirates Airlines is set to begin acceptance of Bitcoin payments and enable the trading of nonfungible tokens (NFTs) on its websites. This was made known by the company's chief operating…
Twitter deal on hold, says Elon Musk
Elon Musk said on Friday he was putting a temporary halt on his much-anticipated deal to buy Twitter, sending shares in the social media giant plunging. "Twitter deal temporarily on…
Agric imports reach N2.7tn despite N129bn intervention loans
Despite spending no less than N129.084bn on agriculture loans to farmers, Nigeria’s agricultural imports continued to take an upward trajectory, hitting N2.7tn in 2021 alone. According to findings by our…
Poor database threatens SIM-NIN registration, NIMC admits deficit
Telecommunication consumers are lamenting the decision of the Federal Government to implement the National Identification Number-Subscriber Identity Module policy after the Nigeria Identity Management Commission disclosed that its infrastructure can…
Norwegian agency, IITA seek improved cocoa production
The Norwegian Agency for Development Cooperation has called for improved soil fertility to boost cocoa production in Nigeria and other cocoa-producing countries in Africa. A Senior Adviser at NORAD, Daniel…
Special agro–industrial processing zones suffer setbacks, experts warn FG
Experts and stakeholders in the financial system have said the delay in getting approval from the Federal Executive Council is stalling the implementation of the Special Agro-Industrial Processing Zones programme.…
Naira depreciates against dollar at N420
The naira, on Thursday, depreciated further at the Investors and Exporters Window, exchanging at N420 to the dollar, a 0.30 per cent depreciation, weaker than N418.75 traded on Wednesday. The…
Daughter of Nigerian ex-minister, others killed in Cameroon copter crash
Adzuayi Ewuga, the daughter of a former Minister of State, FCT, Senator Solomon Ewuga, has died in a plane crash in Cameroon. The senator's daughter was said to be…
