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Central bank bans use of forex for fertiliser importation

The Central Bank of Nigeria (CBN) on Monday, added fertiliser to the list of items classified as “Not Valid for Foreign Exchange.”

CBN vows to clamp down on businesses, banks that abuse Forex on 42 restricted...

The Central Bank of Nigeria (CBN) on Monday vowed to clamp down on individuals and businesses engaging in clandestine activities to frustrate the restriction of foreign exchange on the importation of 41 items into the country.

Governor Obaseki urges industries to use local materials

According to him, “We have insisted that raw materials to be used for constructing the 1,800-unit housing project by EDPA and MIXTA Africa, should be sourced locally from industries in the state. This will assist the industries contribute to the growth of the local economy.”

2019: APGA guber aspirant unveils economic plan for Imo

Mazi Chidi Okoro, an aspirant in the 2019 Imo State governorship race on the platform of the All Progressives Grand Alliance (APGA), has vowed to triple the state’s Internally Generated Revenue (IGR) from the current N600 million monthly to about N2 billion per month within two years, if elected governor.

Changing the sad story of solid minerals

The gold deposit in Osun state alone is worth about $5 billion in today’s price, according to Professor Olugbenga Akindeji Okunlola, a prominent geologist. That is about N1.5 trillion.

Recent Stories

Wales manager Ryan Giggs said midfielder Aaron Ramsey missing his country’s opening Euro 2020 qualifier against Slovakia on Sunday due to injury is a “blow”.

Ryan Giggs: Aaron Ramsey absence “a blow”

Wales manager Ryan Giggs said midfielder Aaron Ramsey missing his country’s opening Euro 2020 qualifier against Slovakia on Sunday due to injury is a “blow”.
Boboye Oyeyemi

Overloading: FRSC goes tough on offenders

The Corps Marshal, FRSC, Mr. Boboye Oyeyemi, says the commission will not rest on its oars until the campaign against vehicle overloading is achieved.
All Progressives Congress (APC) Nigeria

Kano rerun: APC dismisses PDP’s allegation

The All Progressives Congress (APC) in Kano State has dismissed the People’s Democratic Party (PDP)’s allegation on the importation of political thugs from neighbouring states.

PDP condemns alleged attack on agents, members in Kano

The Peoples Democratic Party (PDP) has condemned the alleged violent attacks and alleged killing of its agents and members by thugs allegedly unleashed by the All Progressives Congress (APC) at the Kano supplementary election.

Chad fires chief of staff after Boko Haram attack kills 23 soldiers

Chad President Idriss Deby has fired his armed forces chief of staff following the latest bout of unrest which culminated in a Boko Haram attack that left 23 dead.