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The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

NECA: Central bank’s adjustment of Naira rate’ll cause inflation

The Nigeria Employers’ Consultative Association (NECA) has said the Central Bank of Nigeria’s adjustment of naira exchange rate from N360/dollar to N380/dollar at the Secondary Market Intervention Sales (SMIS) will result in inflation.

President Buhari, APC killing Nigerians with taxes – PDP chairman

National chairman of the Peoples Democratic Party, PDP, Prince Uche Secondus, has chided President Muhammadu Buhari and the All Progressives Congress, APC, for what he called the overburdening of Nigerians with taxes and tariffs since assuming office in 2015.
Nigeria Naira

Forex constraint devalues naira to N380 per dollar

Shortage of forex in the economy caused the naira to fall below the official rate of by 3.5 per cent to N380/$1 from N360/$1 according to the Central Bank of Nigeria.
AbdulSamad Rabiu

BUA donates N200 million, ambulances to Rivers, Kwara

BUA Group, through its philanthropic arm, BUA Foundation, has donated six ambulances, food supplies and N100 million each to Rivers and Kwara states.

Former central bank chief tasks federal government on ailing refineries

Dr Titus Okunronmu,a former Director, Budgetary Department, Central Bank of Nigeria (CBN) has urged the Federal Government to resuscitate all the nation’s refineries towards addressing the problem of fuel importation.
The logo of the Nigerian Stock Exchange is pictured in Lagos, Nigeria, file. REUTERS-Afolabi Sotunde

Nigerian stocks down by N1.14 trillion in first half

Nigerian stocks closed the first half down with average loss of 8.80 per cent, equivalent to net capital depreciation of N1.14 trillion as investors struggled with a threesome of domestic macroeconomic uncertainties, global decline in crude oil price and trade wars and the ravaging COVID-19 pandemic.
The trial of suspected internet fraudster Ismaila Mustapha alias Mompha started today while he was admitted to bail.

Money laundering I never met with Mompha – witness

An Economic and Financial Crimes Commission (EFCC) prosecution witness, Abiodun Audu, in the ongoing trial of internet celebrity, Ismaila Mustapha, also known as Mompha, yesterday denied ever meeting him in the course of filing his company’s tax return.
Ahmad said the Executive Chairman of FIRS, Muhammad Nami, disclosed this at the inauguration of the Inter-Ministerial Committee on Audit and Recovery of Back Years Stamp Duties and the unveiling of the FIRS Adhesive Stamp in Abuja.

FIRS generates N66 billion from stamp duties

The Federal Inland Revenue Service (FIRS) has generated the sum of N66 billion from stamp duties between January and May.
The Petroleum Products Pricing Regulatory Agency (PPPRA) is set to commence a comprehensive audit and survey of downstream oil and gas logistic facilities, with a view to identifying the infrastructure gap in the sector

PPPRA: Why we still provide ‘guiding price’ for petrol despite ‘deregulation’

The Petroleum Products Pricing Regulatory Agency (PPPRA) says it is no longer fixing the pump price of Premium Motor Spirit (PMS) also known as petrol for marketers.

Godwin Emefiele: CBN ready to partner private sector to tackle coronavirus challenges

The Central Bank of Nigeria, CBN, yesterday revealed its readiness to partner the private sector in its quest to tackle novel coronavirus, COVID-19 pandemic, as Lagos State commissions an ultra-modern disease isolation centre in Yaba.

CACOVID donates 150-bed isolation facility to Lagos

The Private Sector led Coalition Against COVID-19 (CACOVID) has donated a 150-bed isolation centre and medical equipment worth millions of naira to the Lagos State Government.
The Petroleum Products Pricing Regulatory Agency (PPPRA) is set to commence a comprehensive audit and survey of downstream oil and gas logistic facilities, with a view to identifying the infrastructure gap in the sector

PPPRA: Why government’ll not hands-off downstream oil sector

The Petroleum Products Pricing Regulatory Agency (PPPRA), Sunday, insisted that it would continue to regulate the downstream petroleum industry, irrespective of the recent deregulation of the sector, to prevent petroleum products marketers from exploiting consumers and also to enforce the appropriate laws guiding the industry.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN: We’ll steer Nigeria away from recession

The Central Bank of Nigeria on Wednesday said it would not be deterred in its effort to steer the Nigerian economy away from the looming recession due to the impact of COVID-19.
The disclosure was made by the State Governor, Sen Bala Abdulkadir Mohammed at the official launching of the 2020 farming season, sales of fertilizer and the distribution of OCP Africa COVID-19 Palliative Support Project to farmers across the state held in Bauchi on Saturday.

Bauchi to access N10 billion central bank agric loan, launches 2020 farming season

In its resolve to boost agricultural production to enhance food security, Bauchi State government says the arrangement is to access N10 billion commercial agricultural credit scheme from the Central Bank of Nigeria (CBN).
Aliko Dangote

Dangote Cement sustains 54,000 jobs in four African countries

President of Dangote Group, Aliko Dangote, has said that despite the challenging economic situation in 2019, Dangote Cement was able to sustain 54,000 jobs in four African countries, where the company has its operations. The countries are Nigeria, Ethiopia, Senegal and South Africa.
The Minister of Agriculture and Rural Development, (FMARD), Sabo Nanono, says the Federal Government is committed to ensuring the take-off of University of Agriculture, Zuru, Kebbi, in 2020.

Nigeria to salvage food production with ‘agric for food and jobs plan’

The Federal Government Tuesday, disclosed moves to salvage food production with a new agricultural programme, Agric for Food and Jobs Plan, AFJP, in 12 months that would mitigate effects of novel Coronavirus, COVID-19, pandemic, in the sector.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Central bank director tasks West African countries on revamping economies

Dr Hassan Mahmud, Director, Monetary Policy Department, Central Bank of Nigeria (CBN), on Tuesday advised West African countries affected by COVID-19 pandemic to look inward and use their domestic resources to revamp their economies.
President Muhammadu Buhari has been called upon to urgently ensure funds are made available to farmers for them to procure seedlings, chemicals and all other necessary materials during the planting season.

Farmers begs President Buhari for funds, implements, chemicals

President Muhammadu Buhari has been called upon to urgently ensure funds are made available to farmers for them to procure seedlings, chemicals and all other necessary materials during the planting season.

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Olufemi Gbajabiamila

Speaker Gbajabiamila: Nigerian government lacks resources to deliver on infrastructural projects

The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, has said that the federal government does not have the resources to deliver on development ambitions and the infrastructural projects it had committed to as a result of the economic downturn.
Sergio Ramos

Diego Simeone: Real Madrid get more penalties because they attack more

Barcelona defender Gerard Pique and club president Josep Maria Bartomeu have suggested Madrid, who sit four points clear of the Catalan giants at the top of La Liga, are benefiting from favourable decisions from referees.
President Buhari commissions New Terminal Building of Abuja International Airport on 20th December 2018-9

ART supports Nigerian government’s plan on airport concession

The Aviation Safety Round Table Initiative (ART), a non-governmental body has thrown its weight behind the Federal Government’s plan to concession four of the country’s airports.

Nigerian government to resume Third Mainland Bridge repairs

The Federal Controller of Works in Lagos, Olukayode Popoola, on Monday said consultations were on for another phase of repair works to begin on the Third Mainland Bridge.

Enugu court remands couple for brutalising house help

The Enugu State Magistrate Court on Monday remanded a couple, Mr Jude Ozougwu, and Ifeoma in prison for allegedly brutalising a 10-year-old Nneoma Nnadi with pressing iron and nails.