CBN disburses N635.39bn to commercial farmers

The total amount disbursed to farmers under the Commercial Agriculture Credit Scheme from inception in 2009…

Business dispute: NONSEC director, Ogbuawa’s sons reconcile

By our reporter The stage has been set for proper settlement of disputes between Ogbuawa and…

Calabar, Kaduna, Yola airports open amid traveller apathy

House of Representative Committee on Aviation examine activities and readiness of the Nnamdi Azikiwe international airport…

CBN moves to ban importation of maize

The Central Bank of Nigeria (CBN) has directed all athorised dealers to discontinue the processing of…

We have restored sanity to Enugu’s outdoor space – ENSSAA GM

Pioneer General Manager of Enugu State Structures for Signage and Advertising Agency (ENSSAA), Mr. Ike Ezugwu…

Maize anchor borrowers program to inject over N1b into Abia economy

Program Manager of the Abia State Agricultural Development Programme (ADP), Chief Israel Amanze has predicted that…

Breaking: FG Increases Price Of Fuel

The Petroleum Products Pricing Regulatory Agency has announced a new price band of N140.80 to N143.80…

Nigerian govt eyes N1trn annually from stamp duties collection

The Nigerian government intends to generate around N1 trillion from stamp duties collection every year as…

Nigeria, others need $110bn additional financing to combat COVID-19 effects –IMF

Nigeria and other sub-Saharan African nations require over $110 billion additional financing to deal with the…

Nigerian Govt merges CAC and tax registration to enhance ease of doing business

Business owners, who desire to register their businesses with the Corporate Affairs Commission (CAC) will henceforth…

Niger govt uncovers N672m monthly payment to ghost workers in its civil service

This followed the government’s discovery of over N672 million monthly payment to ghost workers and several…

DisCos claim NERC approved decision to hike electricity tariff

Power distribution companies (Discos) on Sunday revealed that the decision to increase electricity tariffs beginning from…

FAAN raises passenger service charges by 100%

The Federal Airports Authority of Nigeria (FAAN) said on Friday it would increase the passenger service…

Nigerian banks to restructure over one-third of loans due to repayment problems

Nigerian banks are on the verge of restructuring more than a third of their entire loan…

COVID-19 could impoverish 5m Nigerians –World Bank

Five million Nigerians are at risk of being impoverished as the coronavirus outbreak sparks off the…

Nigerian govt to unbundle NIPOST into three subsidiaries

The Nigerian government will unbundle the Nigerian Postal Service (NIPOST) into three subsidiary companies which will…

Naira gains against the dollar at I&E window as liquidity improves by 66%

Naira strengthened marginally against the U.S. dollar at the Investors and Exporters (I&E) window of the…

Oil prices fall as demand fears outweigh tighter supply, Bonny Light gains 2.75%

Oil prices weakened on Monday over worries that a record increase in coronavirus cases globally might…

Discos blame poor customer metering on high import duty

Power distribution companies (Discos) on Sunday blamed the outrageous import duty on meters, imposed by the…

Oil prices climb on output cut, hopes of demand recovery, as Bonny Light now $40.68

Oil rose past $42 a barrel on Friday, increasing the gains recorded at the last session,…

NNPC raises alarm over ‘contaminategd’ diesel in market

The Nigerian National Petroleum Corporation (NNPC ) has raised an alarm over prevalent low grade and…

Oil inches above $41 for first time since March in respite for Nigeria’s Naira

Brent crude is trading above $41 per barrel on Friday with hopes that OPEC would extend…

JUST IN: BUA Group reopens BUA ports and terminals for business

BUA Ports and Terminals Limited, a subsidiary of BUA Group, has reopened its Portharcourt terminals shut…

Nigeria’s Economy Is Set to Shrink as Business Activity Tumbles

Nigeria’s economy is likely to contract in the second quarter, according to three gauges of business…

Ebonyi seeks FG approval for $80 million loan from Islamic Bank

Ebonyi State government has made a request to the Federal Executive Council seeking to borrow US$80…

Imo to employ over 35,000 workers in New ADAPALM

Imo State government is targeting to employ over 35,000 workers in ADAPALM, the Palm Oil Producing…

Breaking: Ebonyi COVID 19 Taskforce seals First bank

By Obinna Uchendu Abakaliki Chairman Afikpo North LGA Hon Ogbonnaya Oko Enyim has confirmed the sealing…

NUPENG denies proliferation of fake lubricants in Anambra

By Chinwe Nwacha Onitsha Anambra State chapter of Engine Lubricant Dealers Association has denied claims that…

Covid-19: Anambra suspends N350 daily levy on keke operators

By Chinwe Nwacha Onitsha Commercial tricycle (keke) operators in Anambra state have commended Governor Willie Obiano…

Lockdown relaxation: Obiano has saved souls-Keke operators

By Chinwe Nwacha Onitsha Satisfied with Governor Willie Obiano’s relaxation of the lockdown Transport Owners Association…

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