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COVID-19: AfDB Offers Multifaceted Approach To Nigeria For Quick Economic Recovery

AfDB, MTN Sign $0.5m Grant-Agreement To Study Women’s Access To Financial-Services

The African Development Bank (AfDB) has signed a grant agreement worth $500,000 dollars with Y’ello Digital Financial Services (YDFS), a fintech subsidiary of MTN, for a study on the economic, religious and social factors...
NSE: Trading Remains Upbeat With 0.48% Growth

NGX Indices Up 0.19%

The domestic stock market yesterday increased further by 0.19 per cent, amid sustained investors’ positive sentiment. The market’s performance was a result of investors’ buy interest in mainly consumer goods and industrial sectors. The All Share...

Reps Want Oil Benchmark At US$60 Per Barrel

The House of Representatives has asked that the oil bench mark for the 2022 budget proposal should be set at US$60 per barrel. This will be different from the US$57 brought by the executive. The House...

Coca-Cola System To Invest N560bn In 5 Years In Nigeria

The Coca-Cola System in Nigeria, comprising Nigerian Bottling Company (NBC) Ltd and Coca-Cola Nigeria Ltd., says it will invest N560 billion in five years in Nigeria. The Managing Director of NBC, Mr. Mathieu Seguin, said...

NGX Market Indices Extend Gain By 0.12%

Activities on the domestic equities market closed Wednesday on a positive note, extending the gaining streak to five consecutive trading sessions. The positive outcome was buoyed by investors’ buy-interests in banking and industrial sectors, with...

Reps Summon NNPC GMD Over Alleged Award Of Costal Shipping Contract To Foreigner

The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, over alleged award of a coastal shipping contract to a foreign company. Rep. Legor Idagbor, the...
Coronavirus: Review Of N10.59tn 2020 Budget Inevitable - Senate

Senate Passes Revised Medium Term Expenditure Framework Ahead Of 2022 Budget Presentation

The Senate on Wednesday approved President Muhammadu Buhari’s revised 2022-2024 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The revised document was received and referred to the Committee on Finance on Oct. 5...
NNPC New Staff Assume Virtual Duty May 4 – Obateru

NNPC Not Recruiting, Says Spokesman

The Nigerian National Petroleum Corporation( NNPC) says it is not recruiting and urged the general public to disregard information circulating on social media saying that the corporation was recruiting. The corporation disclosed this in a...
COVID-19: CBN, Bankers’ Committee To Support Airlines, Media With Special Facilities

Protect Rights Of Bank Customers Against Sharp Practices, Stakeholder Urges CBN

A security consultant, Chief Williams Fadoju, has urged Chief Godwin Emefiele, the Governor, Central Bank of Nigeria (CBN), to work toward the protection of rights of bank customers against sharp practices. Fadoju, in an interview...
PDP Lampoons Akume Over Call For State Of Emergency in Benue

Realignment Of Economic Development Strategies To Create More Jobs – FG

The Federal Government says the realignment of its economic development strategies and methodologies will build bridges for many Nigerians to come out of poverty, empowering them to create and own businesses or get quality...
COVID-19: AfDB Offers Multifaceted Approach To Nigeria For Quick Economic Recovery

AfDB Approves Policy For Victims Of Bank-Financed Operations

The Board of Directors of the African Development Bank (AfDB) Group has approved a new policy framework for the Independent Recourse Mechanism (IRM). The IRM provides individuals or communities who are adversely affected by bank-financed...

NIMASA DG, AfDB President, Others Win 2020 Zik Prizes

The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has been named winner of the 2020 Zik Prize in Public Policy. This is contained in a statement signed by Mr. Edward Osagie,...
COVID-19: CBN, Bankers’ Committee To Support Airlines, Media With Special Facilities

CBN Retains MPR At 11.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has agreed to retain the Monetary Policy Ratio (MPR) at 11.5 per cent. Mr. Godwin Emefiele, CBN Governor, made this announcement on Friday...

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