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The Central Bank of Nigeria (CBN), has approved six dairy companies operating in the country for the importation of milk products and its derivatives.
The Edo State Governor, Mr Godwin Obaseki has called for the adoption of smart Information and Communication Technology (ICT) tools and solutions as an alternative to oil in diversifying the Nigerian economy, warning that the country will not develop if the bulk of the country’s savings is still tied to buying foreign exchange for importation.
Angola has reached out to a number of countries for help in recouping funds lost to corruption in the past, the country’s minister of state for economic coordination, Manuel Jose Nunes Junior, said yesterday.
A former banker, Seye Onigbinde, has been arrested by men of the Lagos State Police Command for allegedly defrauding 354 Nigerians to the tune of over N500m in illegal foreign exchange deals.
The foreign exchange (forex) market will witness stability in 2020, while the Central Bank of Nigeria (CBN) will continue to sustain its Open Market Operation (OMO) sales at high interest to continue to attract foreign investors.
The Niger Delta Petroleum Resources Limited (NDPR), a subsidiary of Niger Delta Exploration & Production Plc (NDEP), has increased its diesel topping refining plant from 1,000 barrels per day (bpd) to 5,000 bpd in its effort to guarantee energy sufficiency in Nigeria.
The Group Managing Director, African Industries Group, Mr. Alok Gupta, on Thursday said Nigeria will gain a lot from the company’s huge $60 0million steel plant in Kaduna State.
A Federal High Court in Lagos on Wednesday fixed January 15, 2020 to resume the alleged N33bn money laundering trial of a suspected internet fraudster Ismaila Mustapha, alias Mompha.
Success in the foreign exchange market largely depends on the strength of forecasting skills. Here are the main factors influencing the dynamics of Forex.
Briefing the media Saturday in Ogere, Ogun State, after the Bankers’ Committee Retreat, the CBN Governor, Mr Godwin Emefiele, said the initiatives are in consonance with theme of the event, ‘Delivering increasing Growth through Digital Finance for the Nigerian Economy.’
The National Insurance Commission (NAICOM) has approved the appointment of Haruna Mohammed and Uzoma Igbonwa as the nonexecutive directors for Standard Alliance Insurance Plc.
The Founder, Afe Babalola University, Ado Ekiti (ABUAD), Chief Afe Babalola (SAN) has implored Nigerians to endure the economic hardship brought by the partial closure of land borders in the country’s interest.
The Securities and Exchange Commission (SEC) says the commission is committed toward ensuring that the commodities trading ecosystem in the country becomes vibrant to contribute to economic development.
Central Bank of Nigeria Governor, Godwin Emefiele, has said that ensuring price stability and growing the nation’s economy through unconventional policy is paying off.
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, said on Friday Edo State can generate more than 200,000 jobs and millions of dollars in foreign exchange from cultivation and palm oil processing.
The Federal Government has advised youths to leverage their creativity and potential to the nation’s automotive industrial creation.
Police in Belarus detained 3,000 people for taking part in unauthorised gatherings during post-election demonstrations on Sunday, the interior ministry said, accusing some protesters of sparking clashes with police.
The Interfaith Mediation Centre has called for renewed commitment on the part of Nigerians in the fight against corruption in the country.
Former Napoli coach Andrea Agostinelli has insisted that the Serie A giants have made a very good signing in Victor Osimhen while also looking to see the forward’s impact in Italy.
Roman Abramovich will give the funds to Frank Lampard to take Chelsea’s summer spending well north of £200million if the Blues can secure deals for the manager’s three top targets. The Chelsea owner has already sanctioned over £80m of spending on Timo Werner and Hakim Ziyech from RB Leipzig and Ajax respectively.
About four terrorist arm suppliers on their way to Nigeria have been killed by officials of Niger Republic army.
An advocacy group, South-East, South-South Professionals of Nigeria (SESSPN) has called on President Muhammadu Buhari-led administration to restructure the country, review the present devolution of powers and whittle down the centre to allow for competition and calculated economic growth in accordance with the needs of the different regions.
Liverpool have turned their attentions to signing Olympiacos left-back Konstantinos Tsimikas.
Former President Olusegun Obasanjo says the former lawmaker from Ogun state, the late Buruji Kashamu used law and politics to escape from facing justice on alleged criminal offence.
The Attorney General of the Federation, Abubakar Malami, in a memo sent to Nigeria’s Inspector General of Police, Mohammed Adamu, has called for police protection for 17 members of the Edo State House of Assembly.
The President, Christian Association of Nigeria (CAN), Rev Samson Ayokunle, has urged the Federal Government to immediately overhaul the security apparatus of the country.