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September 28, 2023
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Navy Arrests Two Suspected Oil Thieves In Asugbo Delta

Navy Arrests Two Suspected Oil Thieves In Asugbo Delta

The Nigerian Navy Ship (NNS) in Delta State on Wednesday handed over two suspected crude oil thieves to the officials of the Nigeria Security and Civil Defence Corps (NSCDC) for further interrogation and investigation. New…

Experts Advise African Leaders On Self-Inflicted Pains

Experts Advise African Leaders On Self-Inflicted Pains

Experts and stakeholders drawn from economics, corporate, public administration, management, leadership, and human development have urged African leaders to urgently reverse the self-inflicted pains that the continent has suffered over decades. They made this call…

Concrete Roads: Cement Prices May Hit N9,000

Concrete Roads: Cement Prices May Hit N9,000

Following the move by the Federal government to introdiuce a concrete road, the Cement Producers Association of Nigeria has warned that such move could potentially increase the price of cement from N5, 000 to N9,000…

FG Pushes For Tech Startups Listing On NGX

The Federal Government through the Ministry of Communications, Innovation, and Digital Economy has said it intends to collaborate with Nigerian Exchange Limited (NGX) to stimulate startup listings with the newly created NGX Technology Board. The…

NIMASA Sets To Invest In Research, Development

NIMASA Sets To Invest In Research, Development

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, OFR has disclosed that the agency is set to reopen the Lokoja office, as part of efforts towards harnessing the…

Nigeria Imports 952,380 Tonnes Of Plastics Annually – NESG

Nigeria Imports 952,380 Tonnes Of Plastics Annually – NESG

The Nigerian Economic Summit (NESG) has said Nigeria imports an estimated average of 952,380 plastics and plastic products annually from different parts of the world. The Chairman of the technical sub-committee of the 29th NESG,…

CBN Postpones 293rd MPC Meeting

CBN Postpones 293rd MPC Meeting

The Central Bank of Nigeria (CBN) has postponed the 293rd meeting of the Monetary Policy Committee (MPC). The apex bank who made the development known in a statement issued by its spokesperson, Abdulmumin Isa did…

Food Security: FG, World Bank Partner To Focus On Irrigation Devt

Food Security: FG, World Bank Partner To Focus On Irrigation Devt

The Federal Ministry of Water Resources and Sanitation in collaboration with the World Bank are to focus on irrigation development in order to boost food security and others in Nigeria. The Minister of Water Resources…

Naira Record Low On Street As Dollar Supply Dries Up

Naira Record Low On Street As Dollar Supply Dries Up

Nigerian Naira slips to a record low on the parallel market as shrinking dollar supply from the Central Bank of Nigeria (CBN) forces buyers to the street for hard currency. The naira was changing hands…

Nigerians Abroad Remitted $20.1bn In 2022 – Report

Nigerians Abroad Remitted $20.1bn In 2022 – Report

A recent report has revealed that Nigerians in the Diaspora remitted the sum of $20.1 billion in 2022, with the current official market rate of N767 per US dollar, the amount is equivalent to N15.3…