Nigeria, A Laughing Stock In Oil Business — Petroleum Minister
The Minister of State for Petroleum Resources, Timipre Sylva, says Nigeria must bring down the cost of production of its crude oil as the country is currently a laughing stock…
Govt To Expand Tradermoni Loan, Says Osinbajo
VICE-President Yemi Osinbajo said the Federal Government will expand its MarketMoni and TraderMoni interest-free loan scheme to cover more rural dwellers. The Vice-President spoke at the Keffi old market in…
FIRS Charges VAT On Online Transactions January 2020 —Fowler
The Federal Inland Revenue Service (FIRS) has said that it would start charging Value Added Tax on online transactions, both domestic and international, with effective from January 2020. The Executive…
Oil Prices Nudge Higher, Eyes On Speech By Fed Chair
Oil prices clawed back the previous day’s losses on Friday, with Brent nudging above $60 a barrel. This is as tighter supplies from key producers offset slowing demand growth and…
Delta Govt. Earmarks 33,000 Hectares For Oil Palm Cultivation
Delta Government has earmarked over 33,000 hectares of land in 28 communities across the state for commercial cultivation of oil palm. The PREMIER NEWSPAPER reports that the state’s decision to…
CBN Reacts To Buhari’s Order On Food Import, Hints Plan To Ban More Items
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele has reacted to the recent statement by President Muhammadu Buhari regarding the issuance of forex to food importers. He spoke to newsmen…
Power Sector Reforms Making Steady Progress-FG
Vice President Yemi Osinbajo says the Federal Government’s power sector reforms are already yielding results as steady progress is being recorded in power generation, transmission and distribution capacities on the…
CBN Gives New Guidelines To Banks
The Central Bank of Nigeria (CBN) says it has released guidelines for the disbursement of lower denominations of the Naira through microfinance banks (MFBs) across the country. The bank’s Director,…
Environmentalists Recommend Tighter Restrictions For Plastic Wastes
The Conference of the Parties to the Basel Convention (COP14) are meeting in Geneva, Switzerland, to consider a new proposal by Norway to add plastic to a list of wastes governed by…
Institute Blames High Cost On Foreign Exchange Restriction Of Fertiliser
Prof. Victor Chude, the Registrar, Nigeria Institute of Soil Science (NISS) has blamed the high cost of fertiliser in the country on the Central Bank of Nigeria’s (CBN) restriction of…
