Development Bank of Nigeria gets CBN licence

Development Bank of Nigeria gets CBN licence

The Central bank of Nigeria has approved the grant of a wholesale development finance institution licence with national authorization to the Development Bank of Nigeria (DBN) Plc, the Minister of Finance, Mrs. Kemi Adeosun has confirmed. The approval was conveyed...
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FG puts $500m notes at 7.5 per cent yield

FG puts $500m notes at 7.5 per cent yield

The Federal Government on Thursday announced that  it has priced its offering of US$500 million aggregate principal amount of notes at a yield of 7.5% under its US$1.5 billion (increased from US$1 billion) Global Medium Term Note Programme, which will...
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Nigeria to showcase maritime potential in Norway

Nigeria to showcase maritime potential in Norway

As part of measures to attract foreign investors to tap into opportunities that abound in the Nigerian maritime industry, the Nigerian Maritime Administration and Safety Agency (NIMASA) would be showcasing the potentials of the Nigerian Maritime Sector at the ...
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Customs redeploys 337 Assistant Comptrollers, confirms Attah as substantive PRO

Customs redeploys 337 Assistant Comptrollers, confirms Attah as substantive PRO

As part of ongoing repositioning of the Service, the Comptroller-General of Customs, Col. Hameed Ibrahim Ali (Rtd) has approved the redeployment of 337 Assistant Comptrollers of Customs to various Commands across the country with immediate effect. A statement ...
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Buhari reiterates support for SMEs

Buhari reiterates support for SMEs

To successfully tackle foreign exchange challenges and improve on the performance of Nigeria’s economy, President Muhammadu Buhari on Tuesday in Lagos reiterated his resolve to empower Small and Meduim Enterprises (SMEs). Speaking at the annual Tinubu Colloq...
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Researchers to unveil techniques for controlling weeds in cassava

Researchers to unveil techniques for controlling weeds in cassava

Researchers working under the International Institute of Tropical Agriculture led Cassava Weed Management Project (IITA-CWMP) will this week share findings and recommendations on how to tackle weeds in cassava farming systems. The sharing of research findings ...
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‘Re-construction of Abuja Airport Runway not extended beyond six weeks’

‘Re-construction of Abuja Airport Runway not extended beyond six weeks’

Reconstruction of Abuja Airport Runway has not been extended from  six weeks to 18 weeks, the  Minister of Information and Culture, Alhaji Lai Mohammed, has clarified. The Minister said at a session with the Aviation Round Table (ART) in Lagos...
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CBN to Banks: Make dollar available at N360

CBN to Banks: Make dollar available at N360

Commercial banks in the country will no longer sell the naira at N375 per dollar for invisibles, such as school fees, medical bills and travel allowances, the Central Bank of Nigeria (CBN) declared on Monday. According to CBN,  Nigerians can...
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$184m crude swap under-deliveries: Taleveras makes $17m commitment

$184m crude swap under-deliveries: Taleveras makes $17m commitment

The Nigerian National Petroleum Corporation (NNPC) has pledged to provide members of the public with up-to-date information on the ongoing effort by the Corporation to sanitize the record books through reconciliation of the transactions executed during the def...
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‘Illegal refineries’ in Niger Delta to get crude supply from FG

‘Illegal refineries’ in Niger Delta to get crude supply from FG

Details of the President Muhammadu Buhari’s New Vision for oil-producing communities in the Niger Delta is emerging as an idea is now being worked out to explore how some of the illegal refiners and the local communities in the region...
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‘How to tackle corrupt Vice Chancellors’

‘How to tackle corrupt Vice Chancellors’

To successfully tackle corruption in Nigerian Universities, Vice Chancellors accused of corruption must be arrested and prosecuted by the Economic and Financial Crimes Commission (EFCC), the Senior Staff Association of Nigerian Universities (SSANU), has said A...
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NNPC lauds Taleveras, to recover $184m crude SWAP under-deliveries from firms

NNPC lauds Taleveras, to recover $184m crude SWAP under-deliveries from firms

Citing its cooperative attitude in the ongoing reconciliation of transactions in the defunct crude for products arrangement, the Nigerian National Petroleum Corporation (NNPC) has commended Taleveras, one of Nigeria’s oil companies. Group Managing Director (...
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Whistle-blowers:  FG gets 2,251 tips, enquiries, others in three months

Whistle-blowers: FG gets 2,251 tips, enquiries, others in three months

Between December 2016 and March 24, 2017, the Federal Government through various whistleblower channels received 2,251information including enquiries, tips, compliments and general advice from the public. According to Festus Akanbi, the media assistant to the ...
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Obaseki flags off 2017 NIPDs in Edo

Obaseki flags off 2017 NIPDs in Edo

Edo State governor, Mr Godwin Obaseki, on Friday, flagged off the 2017 National Immunisation Plus Days (NIPDs) at New Benin Market, in Benin, the state Capital. Addressing the women at the market, Obaseki stressed the importance of immunisation, urging them t...
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