Browsing Category
Business
Nigeria Releases N100bn Consumer Credit Fund For Manufacturers
By: Florence Adidi, Abuja.
Nigeria's Government, has announced that it will provide the sum of N100 billion to support the manufacturing sector.
Minister of Budget and Economic Planning, Senator Atiku Bagudu who disclosed…
NDDC Partners Rice Farmers On Food Security
The Niger Delta Development Commission (NDDC) has partnered with the Rice Farmers Association of Nigeria in a bid to ensure food security, .
According to a statement by the NDDC Director of Corporate Affairs, Pius Ughakpoteni, the…
President Tinubu Accelerates Nigeria’s Digital Sector Investment Permits
Temitope Mustapha, Abuja
President Bola Ahmed Tinubu has directed the swift issuance of processing permits to encourage investment in Nigeria's Communications, Innovation, and Digital Economy sector.
The President gave the directive…
Nigeria records N1.4trn trade deficit in Q4 2023 – NBS
By Florence Adidi, Abuja
Nigeria has recorded a trade deficit of N1.414 trillion in the fourth quarter of 2023 (Q4 2023), as the country’s total trade value for the period stood at N26, 801.95 billion.
A breakdown of the…
House of Representatives Queries NNPCL’s Low Revenue
By Gloria Essien, Abuja
The House of Representatives has expressed concern over the cost of crude oil production and its impact on Nigeria's revenue.
The Chairman, House Committee on Finance, Hon. James Faleke, made…
NDE Holds Business Training For 108 Entrepreneurs In Kogi
By Ishaq Dan-Imam, Lokoja
The National Directorate of Employment (NDE) in Kogi State, north central Nigeria, has empowered about one hundred and eight Nigerians with business skills in different industries to become wealth creators…
NGX Records Third Consecutive Bullish Close
By Salamatu Ejembi, Lagos
The Nigerian Equities Market has for the third (3rd) consecutive time this week, ended its trading session bullish even as the benchmark index increased by 0.47%.
Wednesday’s trading saw the All-Share Index and…
Lawmakers Task CBN on Customers Reversed Funds
By Gloria Essien, Abuja
The House of Representatives has urged the Central Bank of Nigeria (CBN) to stop commercial banks in the country from holding customers reversed funds beyond the stipulated period.
The House also mandated…
Allocation: FCT Area Councils, Stakeholders Share over N4.4bn
By Hudu Yakubu, Abuja
The Federal Capital Territory Administration has disbursed the sum of N4,439,259,692.78 billion to the six area councils and other stakeholders as statutory allocation for the month of January, 2024.
The…
WTO, IFC launch $1.2m Standard Trade Development Facility in Nigeria
By Jennifer Inah
The World Trade Organisation and the International Finance Corporation hjas unveiled a $1.2m Standard Trade Development Facility (STDF) targeted at boosting Nigeria’s export capacity.
The Director…