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6 Uncomplicated Ways to Get Studying Fun

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Acestea sunt semne bune că vor oferi mult

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Naira falls N777 against dollar after CBN announcement
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  • March 6, 2022
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Nigeria’s gas revolution will lift West Africa’s energy

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Tag: Nigeria

Electricity customers paid N210.17b in three months - NERC
Business

Yola Disco records highest losses amongst Discos – Report

The only electricity distribution company being controlled by the Federal Government, Yola Disco had the largest aggregate technical, commercial, and collection losses of 70% compared to the other 11 Discos.   This was from an industry report titled ‘Key Operational & Financial Data of NESI’ for 2019 to 2022″ accessed by The Punch.   According […]

Nigeria Customs Service
Business featured

Customs seize contraband worth N305m in two months

The Nigeria Customs Service’s Federal Operations Unit Zone B has revealed that between January and February 2023, it made 130 seizures of contraband worth N305 million. The Punch reported that a statement from the Zone’s public relations officer, Suleiman Isah, disclosed other items seized during the period under review included 163 jerry cans of vegetable […]

IMF logo
Business featured

76% CBN Anchor Borrowers’ loans unpaid – IMF

The International Monetary Fund has confirmed that 76 percent of loans disbursed under the Central Bank of Nigeria’s Anchor Borrowers’ Programme, for farmers have not been returned. This is according to information provided by the International Monetary Fund in its Selected Issues paper on Nigeria. The issue paper was created by the fund’s staff team […]

Stock Market analysis
Business featured

Nigeria’s stock market hits N30trn amid elections

The total market value of Nigerian stocks hit N30 trillion on Monday, amid the uncertainty surrounding the result of Saturday’s general election. BusinessDay reported that Nigerian Exchange Limited All-Share Index and the market capitalisation of equities rised to 55,328.42 points and N30.14 trillion from preceding day’s low of 54,949.21 points and N29.93 trillion respectively. The […]

Nigeria's mineral production rose by 39% in 2021 - NBS
Business

Nigeria’s crude oil production declines by 13%

The Nigerian Bureau of Statistics has  said crude oil production, which represents about two-thirds of government revenue and 90 per cent of its foreign exchange reserves, declined by 13.3% per cent against 2021 in the fourth quarter of 2022. According to the bureau’s most recent data, Nigeria produced 1.3 million lesser barrels of oil per day […]

The vice president of Nigeria, Prof. Yemi Osinbajo
Economy

Osinbajo confident Gateway Agro Cargo International Airport’ll boost economy

IsinThe Vice President of Nigeria, Professor Yemi Osinbanjo has said that the Gateway Agro Cargo International Airport will enhance economic growth and development nationwide. He said this on Thursday, February 23 during the first flight that took place on the just constructed Gateway Agro Cargo International Airport in Iperu, Ikenne Local Government Area of Ogun […]

The Chairman of EFCC
Business

Naira scarcity: Over N500bn old notes still in circulation, says EFCC

The Chairman of the Economic and Financial Crimes Commission, Mr. AbudulRasheed Bawa, on Wednesday said that over N500 billion of the old N1000 and N500 notes are still out of the Central Bank of Nigeria. This, he disclosed while speaking during an interview on Channels Television’s “The 2023 Verdict” programme. On finding out how prepared […]

Nigeria's mineral production rose by 39% in 2021 - NBS
Business

Nigeria’s GDP growth rate records 3.10% decline – NBS

The Nigerian annual Gross Domestic Product recorded a 3.1 percent growth in 2022, this represents a 0.3 percentage point decline from the 3.4 percent recorded in 2021. This was disclosed by the National Bureau of Statistics in the just released GDP report for the fourth quarter, Q4’22. However, the GDP growth in the fourth quarter […]

The First Lady, Aisha Buhari
Business

Old naira: Aisha Buhari blames hacker for fake post

The First Lady of Nigeria, Aisha Muhammadu Buhari has blamed hackers for the fake post regarding the recirculation of the old naira notes which went viral in the early hours of Tuesday. This declaimer was shared to the public in a facebook post Aisha made in the late hours of Tuesday. The Facebook post reads […]

Pilot training school. Aviation School in Nigeria
Business featured

Aspiring pilots pause studies as Aviation schools hike tuition

A number of aspiring pilots who applied to study at aviation schools were forced to pause their plans because of the over 100% tuition hike in Nigeria. BusinessDay’s findings revealed that the major licensed schools for pilot training which are Nigerian College of Aviation Technology, Zaria and International Aviation College, Ilorin, have hiked fees by […]

The Green-White-Green flag of Nigeria
Business

Group partners NGO to boost Nigeria’s infosystems

A group which works with the government to provide solutions to pressing challenges, Palladium,  has partnered with Nigeria Network of NGOs to create an information system and public directory to boost the operations of the Civil Society Organisations. This was disclosed to The Punch on Monday in a statement made by the Communications Lead, Nigeria […]