THE Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says the COVID-19 pandemic and the Russia/Ukraine war stalled planned […]
RCategory: Economy
Diversification: minister commends Buhari for repositioning Mines and Steel sector
THE Minister of Mines and Steel Development, Mr Olamilekan Adegbite has commended President Muhammadu Buhari for extra budgetary provision to […]
CDA implementation: FG to stop operations of mining coys performing poorly
THE Federal Government says it will stop the operations of mining companies that fail to fulfill the requirements contained in […]
Kano gold souk to become operational in 2023 – minister
THE Ministry of Mines and Steel Development, says the Kano Gold Souk and other regional projects being executed by the […]
Nigeria to begin processing of raw gold, others — minister
NIGERIA has begun the process of refining gold, gemstones and other mineral resources in the six geo-political regions of Nigeria. […]
Why we retained workers in Ajaokuta inspite not being fully operational — minister
THE Minister of Mines and Steel Development, Mr Olamilekan Adegbite says workers are retained at the Ajaokuta Steel Company to […]
Lagos charges young entrepreneurs on creative ideas
GOV. Babajide Sanwo-Olu of Lagos State has charged young entrepreneurs in the state to develop their creative ideas and grow […]
Nigeria’s rising inflation consistent with global trend – Emefiele
MR Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) on Friday said the steady increase in headline inflation from 15.60 […]
NCTO digitalised payment system to revolutionise, enhance effective implementation
THE National Cash Transfer Office (NCTO) says the introduction of the Federal Government digitalised payment system for beneficiaries of cash […]
Ghana: African Development Fund approves $27.9m grant for Savannah Agriculture Value Chain Development Project (SADP)
THE Board of Directors of the African Development Fund has approved a $27.9 million grant to Ghana for the development of […]
Oil Company pledges more CSR projects to host communities in Edo
THE Management of Okomu Oil Palm Company says it is irrevocably committed to providing its host communities with the necessary […]
FG achieves economic growth in spite of global shocks—minister
THE Minister of State for Budget and National Planning, Prince Clem Agba, says in spite global and local shocks, the […]
Nigeria requires $410bn to achieve energy transitional plan by 2060 –FG
THE Federal Government says Nigeria requires 410 billion dollars to achieve its energy transition plan by 2060 to address challenges and policy […]
Bread: Bakers urge govt. to subsidise cost of cassava flour
MASTER Bakers Association on Thursday called on the Federal Government to subsidise the cost of cassava flour to encourage members […]
Unemployment: Over 56,000 ITF-NECA trained technicians secure high paying jobs, get grants
ABOUT 56,597 technicians trained by the Industrial Training Fund (ITF) and the Nigeria Employers Consultative Association (NECA) through a joint […]
Nigeria’s GDP improves by 2.25% in Q3 – NBS
THE National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) grew by 2.25 per cent in the third […]
Govts must invest more in public schools-Lawan
THE Senate President, Ahmad Lawan has said that governments at all levels must invest more in public schools to improve […]
Bayelsa disburses N42m as grants to 210 indigenous small businesses people
BAYELSA disbursed cash grant of N42 million to 210 indigenous small-scale entrepreneurs on Thursday in Yenagoa. Each beneficiary got N200,000 […]
Ministry exceeds 2022 target, to hit N10bn by December
THE Ministry of Mines and Steel Development says it has exceeded its 2022 revenue target of about N7 billion and […]
Association seeks increased budgetary allocation for HIV, AIDS programmes
THE People Living with HIV/AIDS (PLWHA) has appealed to the Sokoto State Government to increase funds for HIV and AIDS […]
Supply Chain: Logistics expert suggests how firms can respond to disruptions
MR Deji Ogunde, Senior Procurement Manager (Logistics, Indirect & 3rd Party Manufacturing), PZ Cussons Nigeria, has given some tips on […]
Sukuk bonds building infrastructure, developing financial market – DMO
THE Debt Management Office (DMO) says its Sukuk bond offerings are designed to improve roads infrastructure, develop the financial market […]
Naira Redesign: Ohuabunwa calls for repeal of CBN Act
FORMER lawmaker, Sen. Mao Ohuabunwa, has called for a repeal and re-enactment of the Act establishing the Central Bank of […]
Naira drops, exchanges at 446 per dollar
THE naira on Wednesday depreciated against the dollar at the Investors and Exporters window, exchanging at N446. The figure represents […]
We’ll make withdrawal of huge cash unattractive to promote cashless economy – Emefiele
GOVERNOR of the Central Bank of Nigeria (CBN), Godwin Emefiele, says with the introduction of the redesigned Naira notes, no […]
CAC unveils platform to strengthen fight against corruption
THE Corporate Affairs Commission (CAC) on Wednesday unveiled a Beneficial Ownership Register (BOR) platform in a bid to further strengthen […]
Average price of diesel in October hit N801.09 per litre – NBS
THE National Bureau of Statistics (NBS) says the average retail price of Automotive Gas Oil (Diesel) paid by consumers in […]
Why I approved redesign of Naira notes locally – Buhari
PRESIDENT Muhammadu Buhari has inaugurated the new Naira banknotes, expressing delight that the redesigned currencies were locally produced by the […]
Plateau extols NEPC’s efforts at boosting non-oil exports, pledges to sensitise people
PLATEAU Commissioner for Commerce and Industry, Mr Yakubu Idi, on Wednesday in Jos commended the Nigerian Export Promotion Council (NEPC) […]
Kaduna Electric concludes free meters installation, says meters no longer free
THE management of Kaduna Electric on Tuesday stated that it had concluded the phase zero of the National Mass Metering […]
Anambra Bureau of Statistics requires N136m for data management — MD
THE Anambra State Bureau of Statistics says it requires N136 million to carry out surveys, data collection and analyses to […]
Buhari unveils redesigned naira notes
PRESIDENT Muhammadu Buhari has unveiled the redesigned naira notes of N200, N500 and N1000 at the Council Chamber of the […]
Union Bank receives Euromoney market rankings in 5 categories
UNION Bank of Nigeria (UBN) Plc has received high ratings in five categories at the 2022 Euromoney market rankings. Mrs […]
IMO scribe inaugurates new NIMASA headquarters
THE Secretary-General, International Maritime Organisation (IMO), Mr Kitack Lim, on Tuesday inaugurated the ultra-modern headquarters of the Nigerian Maritime Administration […]
Bayelsa confirms receipt of arrears of 13% oil derivation refunds from FG
BAYELSA government confirmed on Tuesday that it had been receiving refunds of arrears of 13 per cent oil derivation proceeds […]
NIM to partner PZ on human capital devt
THE Nigerian Institute of Management (NIM) Chartered will partner PZ Cussons Plc in management excellence and human capital development to […]