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CBN: PMI stands at 61.1 index points as at December 2019

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.
Academic Staff Union of Polytechnics (ASUP)

ASUP: Strike continues till federal government meets all our demands

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.
President Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted into savings of over $21 billion.

[email protected]: Why we love this President

“That’s him, that’s him,” the two old women, wrinkled and bent with age, exclaimed. You could see wonderment and fulfillment in their eyes. And as if on cue, they both began to cry.

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.

Senate asks federal government to suspend planned 500% increase in tariff on alcoholic beverages

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.

Firm urges Nigeria to leverage innovation for productivity, growth

The Country Managing Director, Accenture Nigeria, Niyi Yusuf, has urged Nigerians to leverage on innovation to boost productivity, economic prosperity and improve growth prospects.
Lekan Akinjide, AfriOne’s director of strategy and government relations and Director-General, National Information Technology Developmental Agency (NITDA), Isa Ibrahim Pantami

NITDA boss commends AfriOne, promises federal government support

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.

DPR: How we ensured sanity in downstream operations in Ogun

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.

Nigerian Army hands over 680,000 adulterated diesel, kerosene to EFCC

The Nigerian Army has seized over 680,000 litres of adulterated diesel, kerosene and “black oil,” an official said.

SON restates commitment to ease of doing business

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.

Central bank to accelerate financial inclusion with rural banks

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.

NBS: Nigeria imports 4.79 billion litres of petrol

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 U.S. Trade Representative’s office (USTR) and the U.S. Department of Agriculture (USDA) on Tuesday said Morocco has lifted the ban and agreed to accept imports of American poultry products for the first time.

Morocco accepts first US poultry products

The U.S. Trade Representative’s office (USTR) and the U.S. Department of Agriculture (USDA) on Tuesday said Morocco has lifted the ban and agreed to accept imports of American poultry products for the first time.

Minister: Federal government committed to diversification of economy

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 unveils new products to enhance blood donation service

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.

Osita Aboloma: SON will promote Nigerian products

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.

CBN: 41 items still banned under Nigeria-China currency swap deal

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.

NAPRI seeks federal govt support to revive storage plant

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

AC Milan’s Gonzalo Higuain silent on Chelsea transfer

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

Guiseppe Rossi loving Manchester United training under Ole Gunnar Solskjaer

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.
News anchor Marzieh Hashemi, right, smiles as she stands with her son in Tehran [Press TV via AP]

American journalist for Iran’s Press TV ‘jailed’ in US

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 back in Arsenal training before Manchester United FA Cup clash

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.
[FILE] Israeli Prime Minister Benjamin Netanyahu delivers a speech before lighting a stylised-menorah during the start of Hanukkah, the Jewish festival of lights, in Ramat Gan in the suburbs of the Mediterranean coastal city of Tel Aviv on December 2, 2018. – Israeli police on December 2 recommended indicting Prime Minister Benjamin Netanyahu and his wife Sara for bribery and other offences, the third such move against the premier in recent months. Netanyahu immediately rejected the accusations, but the three cases against him have led to speculation that they could eventually force the long-serving prime minister to step down. (Photo by Jack GUEZ / AFP)

Israeli premier Benjamin Netanyahu to visit Chad for resumption of diplomatic ties

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.