CBN Disburses N1tri To Farmers

CBN Disburses N1tri To Farmers

The Central Bank of Nigeria (CBN) has increased its funding and interventions in various sectors to boost economic growth.  Governor of the CBN, Mr Godwin Emefiele, said this on Tuesday in Abuja while presenting a communique issued at the end of the...
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NGX Loses N519billion

NGX Loses N519billion

The negative sentiment continued on the Nigerian Exchange Ltd., (NGX) on Tuesday with the market capitalisation declining further by N519 billion to close at N28.006 trillion against N28.525 trillion on Monday.  In the same vein, the All-Share Index lost ...
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Six Ships Waiting To Berth, 16 Others To Arrive Lagos Ports Before June 5

Six Ships Waiting To Berth, 16 Others To Arrive Lagos Ports Before June 5

The Nigerian Ports Authority (NPA) on Monday said six ships that have arrived at Laos ports are waiting to berth with petrol, bulk sugar and soya bean meal.  NPA, in its Daily Shipping Position, said that another 25 ships at...
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NDDC Revokes 20-Year-Old Unexecuted Contracts

NDDC Revokes 20-Year-Old Unexecuted Contracts

The Niger Delta Development Commission (NDDC) has revoked contracts awarded between 2000 and 2019 where the contractors did not move to site.  “Consequently, all affected contractors are advised to note that all monies earlier received by way of mobilis...
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Zamfara Budgets N17.1b For COVID-19 Recovery Programme

Zamfara Budgets N17.1b For COVID-19 Recovery Programme

Zamfara State Government has budgeted N17.1billion for COVID-19 action recovery and economic stimulus programme tagged, “Matawalle Vision 2023’’. Performing the formal inauguration of the project, Gov. Bello Matawalle said it was designed to address the ...
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FG Tasks NAICOM On Prompt Claims Payment 

FG Tasks NAICOM On Prompt Claims Payment 

The Federal Government has called on the National Insurance Commission (NAICOM) to put in place measures that will ensure insurance companies meet their obligations to policyholders by paying claims promptly.  Dr Zainab Ahmed, the Minister of Finance, Bud...
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Buhari Appoints Adeniran New Statistician-General

Buhari Appoints Adeniran New Statistician-General

President Muhammadu Buhari, has approved the appointment of Mr Semiu Adeniran as the substantive Statistician-General of the Federation and Chief Executive Officer of the National Bureau of Statistics (NBS), with immediate effect.  This is contained in a ...
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Fidelity Bank Partners Edo, GIZ To Host CBN RT200 FX Exports Roundtable 

Fidelity Bank Partners Edo, GIZ To Host CBN RT200 FX Exports Roundtable 

Fidelity Bank Plc has announced plans to host an exports roundtable and policy sensitisation workshop for businesses in Benin-City, Edo State capital in partnership with the Edo State Investment Promotion Office (ESIPO) and GIZ on Tuesday, 24 May 2022. &n...
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APPEALS Project Supports 1,142 Food Marketers With Haulage Facilities 

APPEALS Project Supports 1,142 Food Marketers With Haulage Facilities 

As part of measures to ease the transportation of farm produce across the three senatorial districts of Kogi State, the State Coordination Office of the Agro-Processing, Productivity Enhancement and Livelihood Improvement Support Project (APPEALS), has fa...
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Obaseki: Benin River Port’ll Enhance Economic Diversification, Boost Agric Export, Others

Obaseki: Benin River Port’ll Enhance Economic Diversification, Boost Agric Export, Others

The Edo State Governor, Mr. Godwin Obaseki, has said the development of the Benin River Port will guarantee the diversification of the nation’s economy from oil into the non-oil sector such as agriculture and agro-allied businesses, placing the country on...
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ABP Loan: CBN To Clampdown On Defaulting Farmers

ABP Loan: CBN To Clampdown On Defaulting Farmers

The Central Bank of Nigeria (CBN) has appealed to farmers who defaulted in paying back the loans obtained under the Anchor Borrowers’ Programme (ABP) to pay back.  Mr Sadeeq Ajayi, in CBN Development Finance Office, made the appeal on Wednesday...
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NIWA Targets Two Million Container Movements Through Inland Waterways

NIWA Targets Two Million Container Movements Through Inland Waterways

The National Inland Waterways Authority (NIWA) on Wednesday projected the movement of no less than two million containers through the Nigerian inland waterways annually by 2025.   The Managing Director of NIWA, Dr George Moghalu, said this while...
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Ministry Implores Maritime Women Practitioners On Collaboration

Ministry Implores Maritime Women Practitioners On Collaboration

Dr Magdalene Ajani, the Permanent Secretary, Federal Ministry of Transportation, on Wednesday urged maritime women practitioners on the need for collaboration to achieve maritime safety, security and build capacity. Ajani made the call at the Women’s Interna...
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NLNG At 33, Counts Gains

NLNG At 33, Counts Gains

By Moses Ebosele, ebosele@hotmail.com The Nigeria Liquefied Natural Gas (NLNG) has reiterated its commitment to provide cleaner energy to Nigeria and the world.  In a message to mark 33 years of existence on Tuesday, the Managing Director/Chief Execu...
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