BUSINESS
Exports Proceeds Repatriation: Manufacturers Fault CBN’s Exclusion Of Non-Oil Exporters
Manufacturers under the aegis of the Manufacturers Association of Nigeria Export Group (MANEG) have raised concerns over what they described as a policy imbalance...
Buhari Appoints Steering Committee For Petroleum Act
President Muhammadu Buhari has commenced implementation of the newly signed Petroleum Industry Act (PIA) by approving a steering committee to oversee the process. The steering...
48.6% Of Electricity In Nigeria Supplied From Generators — NBS
Generators powered by petrol, diesel and gas provide 48.6 per cent of the electricity consumed by power users across the country, according to the...
Appeal Court Dismisses Ex-NHIS Boss, Olufemi Thomas’s No-case Submission
A three-man panel of the Court of Appeal, Lagos Division, on Thursday, September 30, 2021, dismissed the application filed by Dr. Olufemi Martins Thomas,...
With Introduction Of CNG Buses, Nigerians Will Pay Less On Transportation — FG
The federal government has said the introduction of Compressed Natural Gas (CNG) buses under the Presidential CNG Initiative (PCNGi) will lead to a substantial...
AuGF Pledges Support To ANAN On Environmental, Disaster-Related Auditing
Auditor General for the Federation, Mr. Aghughu Adolphus has pledged the readiness of his office to partner with a leading professional accounting body in...
CBN Maintains Monetary Policy Rate At 27.50% Amid Inflationary Pressures
The Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate at 27.50 percent, marking its second consecutive hold...
No Going Back On Cashless Policy – CBN Governor, Emefiele
Godwin Emefiele, Governor of the Central Bank of Nigeria, CBN has ruled the possibility of reversing the ongoing implementation of the cashless policy. The House of...
FG Seeks Fresh $1.2 Billion Loan From Brazil
The Federal Government is seeking a $ 1 .2 bn external borrowing from Brazil to finance agricultural programmes in the 2021 budget. A request...
USAID to invest $60m to boost agribusiness in Nigeria
The United States Agency for International Development, (USAID) has disclosed plans to invest $60 million to boost agriculture in Nigeria and across West Africa. Speaking at...
