Saturday, August 15, 2020

Fuel scarcity hits Lagos, worsens in Abuja, others

Entrances to many filling stations in Lagos and other parts of the country remained shut to motorists on Sunday following a sharp drop in...

Premium Aquaculture to produce 4,500mt of catfish per Annum

Following the Federal Government’s decision to review its fish importation policy, an indigenous firm, Premium Aquaculture Limited, has stated it would produce 4,500 metric...

‘Missing’ $20bn: Reps issue fresh ultimatum to Okonjo-Iweala

The House of Representatives has for the second time on Wednesday asked the Minister of Finance, Ngozi Okonjo-Iweala, to submit the full version of...

FAAC: FG, States, LGs share N500bn for January

 The Minister of State for Finance, Mr Bashir Yuguda, said that the Federal, states and local government areas shared N500.1 billion revenue for the...

Experts Laud Closure of Official Forex Window By CBN

Following the closure of the official foreign exchange window by the Central Bank of Nigeria (CBN) yesterday, analysts have lauded the move which they...

Alleged Unremitted $1.48bn: No money’s missing, NNPC insists

The Nigerian National Petroleum Corporation, NNPC, yesterday, insisted that no money is missing and that neither it nor any of its subsidiaries were indicted...

Dangote to focus on timely completion of world largest refinery, fertilizer plant, rice

The management of Dangote Group has said that its focus is now to develop its multi-billion dollars new businesses to appreciable level this year...

Nigeria loses N1bn daily to rice importation

The Special Adviser to the President on the New Partnership for Africa’s Development, NEPAD and African Peer Review Mechanism, APRM, Ambassador Mrs. Fidelia Akuabata...

Hope rises for Nigeria as oil price hits $56

Indications emerged that Nigeria and other oil producing countries may have glimmer of hope as oil price, yesterday, rose towards $56 a barrel, recovering...

Managing the Naira and the Issue of Growth

The recent decision of the Monetary Policy Committee (MPC) to retain rates as they are, is seen as making a safe bet so close...

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