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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.
Lagos State House of Assembly

Lagos Assembly to stem rising spates of drug abuse

The Lagos State House of Assembly on Monday called on Gov. Akinwunmi Ambode and all relevant stakeholders to embark on aggressive campaign against drug abuse.

ABP: Central bank disburses N160 billion to 850,000 small farmers in three years

No fewer than 850,000 Small Holder Farmers have benefited from the Central Bank of Nigeria’s N160 billion under its Anchor Borrowers’ Programme in the last three years, CBN governor, Godwin Emefele, says.
Mamadou Sangafowa Coulibaly

Ivory Coast hopes to increase rubber production to two million tonnes

Ivory Coast, Africa’s largest rubber producer is hoping to double production to two million tonnes in the next five years despite a hit by world prices on raw materials.

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.

Police nab chief priest for allegedly burying charm in Presco plantation

Police detectives have apprehended the Chief Priest of Ovre-Eku community, Delta State, for allegedly intruding and burying charm with live goat, hot drink and yam at the plantation of Presco Nigeria Plc in Orhiomwon Local Government Area, Edo State.

Codeine: NSCDC commandant urges regulation of rubber solution sales

The Nigeria Security and Civil Defence Corps (NSCDC) has commended the Federal Government for banning the production and importation of codeine as active pharmaceutical ingredient for cough syrup preparations.

Israeli Embassy confers posthumous award on Awolowo

The Israeli Embassy in Nigeria, has conferred a posthumous award on the late Chief Obafemi Awolowo in his strides in agriculture, particularly on rubber and cocoa.

NDLEA harps on the dangers of drug abuse

The National Drug Law Enforcement Agency (NDLEA) on Friday reiterated its advice to Nigerians to shun drug abuse.

Segun Awolowo: Local farmers have a lot to benefit from rubber cultivation, production

Efforts of the Edo State Government to grow her rubber stock and boost her non-oil receipts with the 2,500-hectare rubber plantation in Urhonigbe, in Orhionmwon Local Government Area and other agricultural initiatives, have received the support of the Federal Government.

NEXIM bank challenges Edo exporters on N50 billion fund

The Nigerian Export Import Bank (NEXIM) has urged Exporters in Edo state to make effort and access the N50 billion Export Development Fund (EDF) to boost the non-oil revenue in the state. Managing Director of NEXIM, Abba Bello, disclosed this in a statement signed by Tayo Omidiji, Head, Strategy and Communications, in Abuja, on Wednesday.

George Weah: Nigeria, Liberia $5m trade volume too low

President George Weah of Liberia has described as ‘too low’, the current trade volume between both countries estimated to be at $5 million.

January PMI index records slow growth – CBN

The Central Bank of Nigeria (CBN) yesterday reported that the January 2018 Purchasers Manager Index (PMI) - a survey which measures the productive activities in the manufacturing and non-manufacturing sectors of the country grew to 57.3 pet cent, howbeit sluggishly in comparative terms with previous growth trajectory.

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.

Governor Ayade hails President Buhari’s independence address

Professor Ben Ayade, governor of Cross River State, has expressed delight over President Muhammadu Buhari’s nationwide address to Nigerians to mark the nation’s 57th Independence anniversary.

Buhari announces presidential initiative to create 10,000 jobs in each state

President Muhammadu Buhari has revealed the next steps to reduce the rate of unemployment in the country.

[email protected]: 200,000 farmers benefit from fed govt’s N44bn – Buhari

At least 200,000 farmers from the federation have benefitted from the N43.9 billion Federal Government’s agricultural Anchor Borrowers Programme, President Muhammadu Buhari has disclosed.

National Assembly remains proper forum for restructuring debate – Buhari

President Muhammadu Buhari this morning reasserted his stance on the restructuring debate that the National Assembly is the proper and legal forum to address ongoing call to restructure the country.

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Simi, Ahmed Musa, others win at 2018 The Future Awards

Alternative music star Simisola Ogunleye aka Simi, actress, Zainab Balogun, internet comedian, Mark Angel and footballer, Ahmed Musa, won prizes at the 2018 ‘The Future Awards’.

CAF: No decision on 2021 Nations Cup hosts

The Confederation of African Football (Caf) has confirmed that no decision has been taken to force Ivory Coast to host the 2023 Nations Cup rather than 2021.
Gboyega Oyetola

UAE promises boost for Osun economy as Gboyega Oyetola meets envoy

The United Arab Emirates (UAE) at the weekend offered to partner Osun State to boost the state’s economy.
Afropop sensation, Ayodeji Balogun aka Wizkid pulled a show stopping sold-out show in the Federal Capital Territory (FCT).

Wizkid thrills Abuja revellers in sold-out concert

Afropop sensation Ayodeji Balogun aka Wizkid pulled a show stopping sold-out show in the Federal Capital Territory (FCT).

Nigerian Army: Amnesty International working hard to destabilise Nigeria

The Nigerian Army has accused Amnesty International in Nigeria of working hard to destabilise the country.