TCN AND OTHERS TO FINISH POWER PROJECTS FINANCED BY CBN BY 2024
Babatunji Wusu – In order to enhance the country’s power supply, the Transmission Company of Nigeria (TCN) has stated that the 53 active power projects funded by the Central Bank…
NDDC WILL PROVIDE NEW GREEN SKILLS FOR EMPLOYMENT GENERATION AT COP28
Babatunji Wusu – According to the Niger Delta Development Commission (NDDC), it is utilizing the main energy transition plan sectors to foster the growth of new green jobs and green…
Naira falls 18% to N951.22/$ in Forex Market.
In the Nigerian Foreign Exchange Market (NAFEM), the value of the naira plummeted to N951.22 per dollar yesterday. The indicated exchange rate for NAFEM rose to N951.22 per dollar from…
Nigeria is given a target oil output by OPEC of 1.5 million barrels per day.
A 1.5 million barrels per day oil output target has been set for Nigeria by the Organization of Petroleum Exporting Countries (OPEC) for 2024. This occurred after strenuous talks that…
FRANCE WANT TO STRENGTHEN ITS TRADING TIES WITH NIGERIA.
Foreign commercial and Economic Attractiveness Minister Olivier Becht stated that the French government is keen in expanding commercial ties with Nigeria in the area of agricultural exports. Becht made this…
NYESOM WIKE, MINISTER OF THE FCT, APPROVES A PROPERTY TAX IN ABUJA.
Babatunji Wusu – Following Minister Nyesom Wike’s acceptance of a draft property tax legislation, property owners in the Federal Capital Territory of Abuja will begin paying property taxes. Haruna Abdullahi,…
Naira Plunges To N1,210 Against The Dollar
At the start of business on Monday, the value of the naira resumed its downward trend, plunging to N1,210 to the dollar on the parallel market, from N1,170 at the…
NIGERIA WINS P&ID CASE IN UK COURT FOR $11 BILLION
Babatunji Wusu – Nigeria has won, and the $11 billion arbitration ruling in favor of Process & Industrial Developments (P&ID) Ltd. has been invalidated by Justice Robin Knowles of the…
JUST IN: President Tinubu Appoints New NADF Chief Executive Officer.
The appointment of Mr. Muhammad Abu Ibrahim as the Executive Secretary and Chief Executive Officer of the National Agricultural Development Fund (NADF) has been authorized by President Bola Tinubu. The…
BREAKING: Pres. Tinubu appoints World Bank economist Olasupo Olusi as CEO of BoI.
Olasupo Olusi, a development finance specialist and economist with the World Bank, has been appointed by President Bola Tinubu as the Bank of Industry’s (BoI) new managing director and CEO.…
