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The Executive Director, Nigerian Export Promotion Council ( NEPC), Mr Segun Awolowo, says plans are on by the Council to raise 150 billion dollars revenue from sources outside the nation’s oil sector in the next 15 years.
National Agency for Food, Drug Administration and Control (NAFDAC) says `Nsukka pepper’, a popular local pepper spice, has pushed Medium, Small and Micro Enterprises (MSMEs) seasoning registration in South-East.
The Nigerian Air Force (NAF) on Monday relaunched its newly refurbished transport aircraft C-130H into its fleet and deployed same to supply weapons, others to northeast and northwest battlefields.
Nigeria’s central bank said on Friday it will close the bank accounts of firms caught smuggling into the country any goods for which access to foreign exchange has been restricted.
President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to blacklist any firm, its owner and top executives caught smuggling any of the 43 items ineligible for foreign exchange (forex).
A number of African countries are holding up funds by airline operators as a result of foreign exchange crunch, the International Air Transport Association, IATA, has disclosed. Amongst them are Eritrea, Zimbabwe, Angola and Algeria.
The Lagos Chamber of Commerce and Industry (LCCI) says the quality of the nation’s infrastructure, policies and institutions are crucial to driving economic diversification.
The Governor, Central Bank of Nigeria, CBN, Mr Godwin Emefiele, yesterday said that the apex bank will sustain its use of unconventional monetary policy to boost economic growth and enhance price stability.
Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, on Friday said his second tenure will consolidate on the economic growth already recorded, even as he promised economic saboteurs hell.
An Economist, Mr Rasheed Yusuf, has urged CBN to sustain its ban on 40 items from accessing foreign exchange at the official window to promote their local production and generate more jobs.
The Central Bank of Nigeria has said mechanised farming is the way out of poverty and unemployment that is currently confronting the country, as it urged citizens to strive to engage in productive ventures to improve their standard of living.
The Minister of Industry, Trade and Investment, Okechukwu Enelamah, says the N14.3 billion meant for Nigeria Special Economic Zones Company (NSEZCO) is still in Central Bank of Nigeria account.
Ibukun Awosika, Chairman, First Bank of Nigeria (FBN), has stated that Nigeria can indeed earn a lot of foreign exchange (FOREX) from the movement of its citizens to other countries.
The Manufacturers Association of Nigeria (MAN) has said the Composite Manufacturers’ CEO’s Confidence (MCCI) index for the first quarter of 2019 stood at 51.3 per cent.
The Nigeria Sovereign Investment Agency (NSIA) says earnings described as “value addition” from various investments with its seed capital since it began operations in 2013 stands at over $350 million.
Lagos State government on Sunday gave an assurance that by December 2020, the Blue Rail Line project will come on stream and will be fully operational in the next two years from Mile 2 to Marina in its aggressive drive to address the transportation problem in the state.
National Leader of the All Progressives Congress (APC), Senator Bola Tinubu, has identified the need for all and sundry to be committed to steadying the nation with a view to handing over a vibrant and strengthened nation to young leaders.
The Arewa Consultative Forum (ACF) has described the killing of four aid workers by Boko Haram in Borno State on Saturday as a clear desecration of Islam which preaches sacred inviolability of the individual.
Embattled and suspended president of the Athletics Federation of Nigeria, Shehu Ibrahim Gusau, has been given Wednesday, December 18, 2019, to appear before the panel set up by the federation investigating allegations of financial impropriety, misapplication of funds and breaches of the AFN constitution against him.
D’Tigress Head Coach Hughley Otis Jr. has named 2019 Nigeria Women’s Premier League MVP Musa Murjanatu in the 14-player roster for the FIBA Women’s Olympic Qualifying Tournament next year.
Nigerian born forward Bright Osayi-Samuel was on target for his Queens Park Rangers in their 2-0 over Birmingham City English championship game on Wednesday at the St Andrew’s Trillion Trophy Stadium.
Lionel Messi believes the gap between Barcelona, Real Madrid and the rest of La Liga has closed considerably over the past decade making the league a lot more complicated.
A group, the Global Centre for Conscious Living Against Corruption, on Thursday called on the Senate Chief Whip, Orji Kalu, to resign from the upper chamber of the National Assembly.
The chairman All Progressives Congress (APC), Anambra state chapter, Basil Chukwuemeka Ejidike, has boasted that his party will shock the ruling All Progressives Grand Alliance (APGA), the Peoples Democratic Party (PDP) and other political parties in the 2021 Anambra state governorship election.
With only hours to go until the final deadline to form a government in Israel runs out, chances of a third election within a year looked all but unavoidable on Wednesday as lawmakers continue to deadlock.