CBN Says Nigeria Imports $600m Cassava Products Yearly
The Central Bank of Nigeria (CBN) has said Nigeria's cassava imports are valued at about S600 million annually, Concise News reports.
Nigerian Government To Build $800 Million Seaport In Delta State
The federal government plans to build a new seaport in the Pessu area of Warri in Delta State at the cost of $800 million, Concise News reports.
Federal Govt. Approves N200b Loan For Bank Of Industry
The Federal Executive Council (FEC) has approved the issuance of a Sovereign Guarantee N200bn loan to the Bank of Industry (BoI), Concise News has learned.
What African Development Agenda Should Focus On – Elumelu
The Chairman of the Tony Elumelu Foundation (TEF) Tony Elumelu has said job creation, and inclusive growth are areas which African development agenda should be focused on.
Inflation Rate Rises To 11.61% In October – NBS
The National Bureau of Statistics (NBS) on Monday said that Nigeria’s inflation for the month of October has risen by 0.36 basis points year on year to 11.61 percent.
Why Hike In Cooking Gas Price May Continue – Marketers
The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), says the current hike in price of cooking gas might persist if activities of Liquefied Petroleum Gas (LPG) Terminal Owners and Off Takers is not checked.
FG To Withdraw Tax Exemption On Oil Companies’ Dividends
The finance bill submitted by President Muhammadu Buhari will ensure that dividends paid from the profits of oil companies will no longer be tax-exempt if passed by the National Assembly.
Border Closure: What Poultry Farmers Told Buhari About Reopening
Poultry farmers have called on President Muhammadu Buhari not to re-open the country's land borders, urging him to shut it permanently.
CBN Directs Banks To Stop Sale Of Treasury Bills To Individuals
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to stop the sale of treasury bills to individuals and small firms with effect from November 29.
McDonald’s Fires CEO Over Relationship With Employee
McDonald’s on Sunday said its Chief Executive Officer has left the company after violating company policy by engaging in a consensual relationship with an employee.
Border Closure: Importers Send ‘Inviting’ Message To Foreign Companies
Some cross-border businessmen on Sunday say they were discussing with companies from Cote d’Ivoire to establish branches in Nigeria to retain their patronage.
Why Border Closure Is Unfavourable To Us – Union Leader
The National Union of Chemical Footwear Rubber Leather and Non-Metallic Products Employees (NUCFRLANMPE) on Saturday said that the recent border closure by the Federal Government was threatening the jobs of its members.
Border Closure: Agric Minister Gives Farmers Reassurance On FG’s Support
As Nigeria's borders remain closed, Mustapha Shehuri, the Minister of State for Agriculture and Rural Development on Saturday reassured farmers on accessibility of better farming equipment and government support.
Dangote Refinery’ Production Resumption Date Revealed
The mega crude oil refinery being built by Nigerian billionaire Aliko Dangote will be ready for commissioning at the beginning of 2021, with production reaching full capacity by the end of the first half of the year.
Border Closure: What Ex-Agric Commissioner Says On Decision Against Rice Importation
Chief Austin Chikezie, the Chairman, Delta House of Assembly Committee on Agriculture, has lauded the Federal Government for the closure of the border against rice importation.
NNPC Signs MoU With Russian Oil Company Lukeoil
The Nigerian National Petroleum Corporation (NNPC) on Thursday in Russia signed a Memorandum of Understanding (MoU) with Russia’s Lukeoil to elevate commercial relationship to a government-to-government backed partnership.
Border Closure: What Farmers Say About Those Re-bagging Local Rice
Some rice farmers in Lagos state on Thursday demanded stiffer sanctions for those involved in re-bagging local rice into foreign branded bags to sell at high prices.
Buhari Reacts To World Bank Ease Of Doing Business Ranking
President Muhammadu Buhari has said that Nigeria's rise in the latest World Bank's Ease of Doing Business index report shows that the country's strategy is working.
Finance Minister Zainab Ahmed Not Bothered By Nigeria’s N25.7tr Debt
Nigeria's Finance Minister Zainab Ahmed has said there are no worries about the country's debt portfolio, Concise News had learned.
Benue Farmers Send Message To Ortom’s Govt
Some tomato farmers in Benue have called on the state government to mop up surplus tomatoes in markets across the state to curb wastage, Concise News reports.
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