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The Central Bank of Nigeria (CBN) said the Manufacturing Purchasing Managers’ Index (PMI) stood at 61.1 index points as at December 2018, indicating an expansion in the manufacturing sector for 21 consecutive months.
Hope of ending the strike embarked upon by the Academic Staff Union of Polytechnics (ASUP) dimmed on Friday as the union declared that it would not call off the industrial action until the Federal government honoured all the agreements it entered into with it since 2010.
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.
The Senate yesterday directed the federal government to suspend the implementation of the proposed 500 per cent hike in excise tariff on alcoholic beverages and tobacco products.
The Country Managing Director, Accenture Nigeria, Niyi Yusuf, has urged Nigerians to leverage on innovation to boost productivity, economic prosperity and improve growth prospects.
The Director-General, National Information Technology Developmental Agency (NITDA), Isa Ibrahim Pantami has commended AfriOne for its innovation and contribution to technology development in Nigeria.
The Operations Controller of the Department of Petroleum Resources (DPR), Abeokuta Field Office, Muinat Bello-Zagi, has said the agency had battled mirage of challenges mitigating against smooth operations of downstream sector in Ogun State, and restored sanity within one year that the office was established.
The Nigerian Army has seized over 680,000 litres of adulterated diesel, kerosene and “black oil,” an official said.
The Standards Organisation of Nigeria (SON) has restated its commitment with the federal government’s policy on improving the business environment and implementing the requirements of the Presidential Executive Order 003 on the ease of doing business.
As part of efforts to promote financial inclusion and enhance access to financial services for low income earners and the unbanked, the Central Bank of Nigeria (CBN) is proposing the establishment of Payment Service Banks in rural areas across the country.
The National Bureau of Statistics (NBS), said that 4.79 billion litres of Premium Motor Spirits (PMS) was imported into the country in the second quarter.
The Minister of State for Trade and Investment, Hajiya Aisha Abubakar, says the Federal Government is committed to the diversification of the economy to improve revenue and save foreign exchange.
LifeBank, a healthcare technology and logistics company founded in 2016 to solve the problems of blood shortage in Nigeria, has introduced fresh innovations to enhance its blood donation service delivery.
The Director General of Standards Organisation of Nigeria (SON), Mr. Osita Aboloma, has said the organisation will promote market-driven standards to penetrate the international market by certifying products, processes or systems which is the tonic requirement for products at the international market.
The Central Bank of Nigeria (CBN) said the Nigeria-China currency swap deal would not cover the importation of the 41 items banned in its 2015 circular on items not valid for foreign exchange.
The National Animal Production Research Institute (NAPRI) has appealed to Federal Government to support the institute to revive its vandalised liquid nitrogen plant for the storage of animal semen.
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Gonzalo Higuain declined to comment on reports of a move to Chelsea on his return to Italy in the early hours of Thursday morning.
Giuseppe Rossi is back with the Manchester United family and looking to make up for lost time as the free agent steps up his search for a new club.
The son of an American journalist working for Iranian state television said his mother has been imprisoned in the United States for reasons unknown.
Henrikh Mkhitaryan could be in contention to face his former team-mates at Manchester United as he moves closer to a return from a four-week absence.
Israeli Prime Minister Benjamin Netanyahu will travel to Chad on Jan. 20, where he is expected to announce the resumption of diplomatic ties with the African country, his office said Thursday.
Zimbabweans reacted with outrage Sunday to a sharp rise in the price of fuel announced by President Emmerson Mnangagwa in a move to improve supplies as the country struggles with its worst gasoline shortages in a decade.
The US embassy in Zimbabwe says it is "alarmed" by credible reports that security forces are targeting and beating activists and labour leaders. A local doctors' rights group says it has treated 68 gunshot cases.
A forum of elders under the aegis of Akwa Ibom South (Eket) Senatorial District Strategic Leadership Forum yesterday said the governorship candidate of All Progressives Congress (APC), Mr. Nsima Ekere, was the best choice for the state.
Polish authorities have arrested two individuals and accused them of conducting espionage on behalf of the Chinese government, the Polish TV channel TVP has reported (via BBC).
The Minister of Information and Culture, Lai Mohammed, on Tuesday declined to give details of what was discussed at an extraordinary meeting of the Federal Executive Council (FEC) chaired by President Muhammadu Buhari.