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Business

Senate Commends CBN’s Moves To Block Leakages in Foreign Exchange, Shore up Naira

The Nigerian Senate has commended the Central Bank of Nigeria (CBN) for installing an Enterprise Screening Platform (ESP) through which the leakages experienced in the allocation and management of Foreign

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Market Capitalisation Peaked At N218 Billion Over Anticipation Of Stable Rates

By Olaolu Oladipo, Lagos Activities on the Nigerian Stock Exchange  (NSE) opened for the week on Monday on a bullish trend with the market capitalisation appreciating by N218 billion. Market

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CBN Again Intervenes In Forex Market With $195 Million Ahead Of MPC Decisions

Ahead of the decisions of the Monetary Policy Committee (MPC) on Tuesday, July 25, 2017, the Central Bank of Nigeria (CBN) on Monday, July 24, 2017 boosted liquidity in various

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Obaseki Promises Young Entrepreneurs Start-Up Fund, Other Support

Governor Godwin Obaseki of Edo State has promised outstanding trainees in the digital marketing and skills development workshops organised by his administration start-up funds as well as other forms of support. According

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AFDB To Invest $24bn In Agriculture In Africa – Adesina

President of the African Development Bank (AFDB), Dr Akinwumi Adesina has said that the bank will invest $24 billion in agriculture in Africa over the next 10 years. Adesina made

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Lagos 3000mw Power Generation Plan Is On Course Says Ambode

By Olaolu Oladipo, Lagos Lagos State Governor, Mr Akinwunmi Ambode has stated that his administration has embarked on power reform aimed at generating 3000MW of power within the next few

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UK To Invest In Nigeria’s Oil, Gas Infrastructure

By Olaolu Oladipo, Lagos The United Kingdom has expressed its readiness to invest in pipeline infrastructure, renewable energy, gas and power of the Nigerian Oil and Gas Industry. This was

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Industrialisation: Edo To Seal Power Supply Deal With Niger Delta Power Company

The Edo State Government is set to seal a partnership deal with the Niger Delta Power Holding Company, NDPHC, on bulk power supply to boost industrial activities in the state.

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Customs Terminal Command Generates N7.39bn In 6 Months

The Kirikiri Lighter Terminal Command of  Nigeria Customs Service (NCS) announced it generated revenue of N7.39 billion between January and June 2017 It also intercepted a 20ft container of substandard

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Nigeria’s Economic Fortunes Lies In The Hands Of SMEs, Says Osinbajo

Acting President, Professor Yemi Osinbajo has stated that the future economic fortune of the country lies in the hands of the various Small and Medium Enterprises in the country. Speaking

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