The African Development Bank, AfDB, in collaboration with the government of Nigeria, has held a meeting with stakeholders to discuss details around Special Agro-Industrial Processing Zones in Nigeria.
Zenith Bank Plc has announced that it will pay a final dividend of N2.50 for every 50 kobo shares, thereby bringing the total dividend paid for FY 2019 to N2.80.
The surfeit of excess liquidity in the interbank money market will persist this week courtesy of inflow of about N1.7 trillion.
The Central Bank of Nigeria (CBN) on Friday, February 21, 2020, continued its intervention in the inter-bank foreign exchange market by injecting the sum of $292.34million into the retail Secondary Market Intervention Sales (SMIS).
This is just as the apex bank has announced that it has commenced the process of creating 10 million jobs in the next five years through investment support in agriculture, using 10 commodity models.
The Federal Inland Revenue Service, FIRS, is seeking the cooperation of the Lagos Inland Revenue Service, LIRS, to realise its N8.5 trillion revenue target to fund the 2020 budget.
The yen was headed for its worst week in two-and-a-half years on Friday, as worries about the coronavirus’ spread in South Korea, Japan and Beijing drove funds from Asia to the towering U.S. dollar.
The appetite of investors to take up Federal Government Bond has remained unabated, as they staked a total of N458.2 billion for the N140 billion bond put on offer by the Debt Management Office (DMO), yesterday.
The African Development Bank (AfDB), has earmarked $500 million loan for the development of four agro-industrial zones across the country.
The World Bank on Tuesday said 12 states missed out of its $4.5 million (N1.37 billion) State Fiscal Transparency, Accountability and Sustainability (SFTAS) Programme for Results 2018 grant for not meeting the eligibility criteria.
The Manufacturers Association of Nigeria (MAN) has linked the low utilization of local raw materials in the manufacturing sector to policy intervention in the official foreign exchange (forex) market by Central Bank of Nigeria (CBN).
There is no reprieve yet for the Wema Bank Plc and its seven officials cited for contempt, as a Federal High Court sitting in Lagos, reinforced its order compelling the said official to appear before the court on Tuesday to explain why committal to prison order should not be made against them.
Japan’s Prime Minister Shinzo Abe on Thursday urged schools nationwide to close for several weeks to prevent the spread of the new coronavirus, as authorities reported the country’s fourth death linked to the outbreak.
Newsmen learnt that the protesters, who had also gathered to protest against the APC National Chairman, Adams Oshiomhole, on Tuesday, turned on one another as they matched towards the secretariat.
Dr Janet Ekpeyong, Director-General, Cross River State Primary Health Care Development Agency (CRSPHCDA) has advised parents to ensure their children are fully immunised against measles following the high temperature currently being experienced.
Pep Guardiola warned his Manchester City players that Real Madrid is more than capable of a Champions League fightback after a historic 2-1 last 16, first-leg win for the English champions at the Santiago Bernabeu.
The Alaafin of Oyo, Oba Olayiwola Adeyemi III, says no amount of spiritual incantation or use of concoctions can curb cancer.
Former Governor Ayo Fayose of Ekiti State has advised Ekiti State All Progressives Congress (APC) to focus on building its non-performing government in the State rather than peddle false rumours.
The crisis in Edo All Progressives Congress (APC) continued on Saturday as several gunshots were fired at the Benin Airport to disperse some youths allegedly mobilised by suspected government agents to boo the National Chairman of the party, Comrade Adams Oshiomhole who was in the state to attend the burial party of the mother of the former member that represented Ikpobha-Okha/Egor federal constituency in the House of Representatives, Ehiozuwa Agbonanyinma.
Ini Umotong scored the winner as Brighton and Hove Albion booked their spot in the quarter-finals of the English FA Cup following a 3-0 triumph over Crystal Palace on Tuesday night.
A Kaduna State High Court on Monday resumed the trial of the embattled leader of the Islamic Movement in Nigeria (IMN), Ibrahim El- Zakzaky, and his wife, Zeenat.
A Chief Magistrates’ Court in Yaba, Lagos, on Friday ordered that a 53-year-old man, Dennis Azuonye, who allegedly stabbed a bartender to death , be remanded in custodial centre, pending legal advice.