Nigeria’s foreign reserves plummeted further at $34.85 billion on December 14, as the Central Bank of Nigeria (CBN) continues its interventions across the various foreign exchange (FX) windows despite declining dollar inflows. This is the […]
A federal high court in Asaba has declared the deduction of stamp duty charges by Nigerian banks as illegal. Nnamdi Dimgba, the judge, made this verdict on Wednesday, in a suit marked FHC/ASB/CS/139/2019 filed by […]
The Minister of State for Labour, Festus Keyamo, has assured that the Federal Government would ensure that all issues surrounding the implementation of cost-reflective tariffs in the sector are addressed soon. Keyamo, who led the […]
The House of Representatives has said the Federal Government should pay attention to the construction of access roads linking seaports in the Apapa area of Lagos State. It also accused the presidential task force set […]
Acting on the directive of the Federal Government, which called for an audit of the Subscriber Registration Database in the country, the Nigerian Communications Commission (NCC), yesterday, directed all mobile network operators (MNOs) to immediately […]
Speed up, Uber and Bolt — otherwise Lagos yellow taxi drivers will soon overtake you. Univasa Nigeria Limited, an information technology company, on Monday launched a ride-hailing platform for the Lagos yellow taxi drivers. “Baba […]
Renewed call has been made for more investment in the agriculture sector, to boost production of food across the country. The Caretaker Committee Chairman of Ibadan South East Local Council, Oyo State, Oluwole Alawode, made […]
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says deposit money banks will begin remittances from international money transfer operators (IMTOs) on Friday, December 4. A statement released by the apex bank on […]
Electricity consumers have expressed optimism that SCADA-DMS would improve the efficiency of Distribution Companies (DisCos) in Nigeria, while urging others to emulate Eko Electricity Distribution Company (EKEDC) to acquire it. SCADA-DMS is a state-of-the-art technology, […]
The Central Bank of Nigeria has announced that beneficiaries of diaspora remittances through the international monetary transfer operators (IMTO) shall now such inflows in foreign currency (US Dollar) through the designated bank of their choice. […]
The Federal Ministry of Agriculture and Rural Development, in collaboration with Nigeria Television Authority (NTA) Startimes, Radio, Television, Theatre Workers Union of Nigeria (RATTAWU) and other stakeholders is to commence an agricultural reality show called […]
There seems to be no succour yet in sight for most Nigerians hoping to see an immediate end to the hike in the price of onions. From indications, the increment may remain till 2021. In […]
In my previous article, I tried to remind us of what we have always known and talked about: that oil boom flatters to deceive. The world is, meanwhile, desperately looking for alternatives to crude oil […]
The Central Bank of Nigeria (CBN) has directed bureau de change operators in the country not to sell dollars higher than N392 to end users. In a circular signed by O.S. Nnaji, director of trade […]
The Federal Government said it has so far disbursed about N10billion from the Micro, Small and Medium Enterprise (MSMEs) Survival Funds, to 101,567 beneficiaries till date, as part of commitment to lift Nigerians out of […]
In faraway Bangladesh, Mohammed Yunus taught us how we can grant prosperity to our beleaguered nation. Bangladesh, a nation of 161.6 million people who got independence from Pakistan by revolution only in December 1971 was […]
Nigeria is grappling with additional challenges, including a faster rate of inflation, as the gap between official and parallel segment of the foreign exchange (FX) market continues to widen. As of yesterday (Tuesday), the differential […]
In commemoration of its fourth year anniversary, Farmcrowdy, an Agritech company has launched six business focus to serve all individuals across the agriculture value chain, prioritising stakeholder access to better yields, lower costs, and smarter […]
The naira weakened further on Monday, trading at 475 to the United States dollar in the parallel market amid a rise in demand for the greenback. The local currency, which has come under pressure in […]
An increasing number of consumer goods companies in the country have introduced smaller product units ‘sachetisation’ into the market at a lower retail price as consumers’ wallets come under immense pressure.Advertisement A visit by TheCable […]
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