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The Federal Government has ordered the closure of bank accounts of government agencies that have failed to remit their revenues to the Consolidated Revenue Fund (CRF)...
Minister of Agriculture and Rural Development, Dr Akinwumi Adesina, said Nigeria saved N254 billion through the substitution cassava flour in bread baking Adesina said made this...
The Debts Management Office ((DMO) says it will sell Federal Government bonds worth N85 billion. The DMO said in a statement titled “June 2013 FGN Bond Offer...
The market indices of the Nigerian Stock Exchange (NSE) depreciated further by 0.42 per cent on Friday due to massive sell pressure. The market capitalisation returned to N11...
Naira depreciated against some major international currencies at the official and parallel markets on Friday. At the official market, the naira exchanged for N241.19 to the...
African Independent oil and gas company Taleveras has signed a Farm-Out Agreement with a subsidiary of LUKOIL, Russia’s largest private oil company, for Block CI-504 in...
Boards of Governors of African Development Bank (AfDB) and of the African Development Fund (ADF) announced the return of the AfDB to its headquarters in Abidjan, ...
The Central Bank of Nigeria (CBN) has commenced arrangements for the start off of its cashless policy in Abuja and five other states of the federation....
The world is heading for a glut of refined products as new Asian and Middle East refineries increase oil processing in a move likely to force...
Price Losses by major blue chip companies forced the market indicators of the Nigerian Stock Exchange (NSE) to depreciate after seven days of sustained growth. The...
Federal government has opened up 10 power plants under the National Integrated Power Project (NIPP) for international investment in London. Prof. Chinedu Nebo, the Minister of Power,...
THE EXCERPT: I want to start by saying that we are never upset by a critical examination of what we are doing. AMCON is big; it...
Nigerian economy is on the stranglehold of debt. At the national, sub-national, corporate and individual levels, debts owed to banks have held the economy to a...
Nigerian billionaire and Africa’s richest man Aliko Dangote has scored yet another first. This time, he has been named the Africa’s first $20 billion man, thus...
The Federal Government has concluded plans to stop the importation of wheat into the country in order to create markets for farmers involved in the production...