No Nation In The World Depends On The Consumption Of Foreign Goods-Emefiele
By Lukman Amusa Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, says no nation in the world depends on the consumption of foreign goods and grow its economy.…
Nigeria losing $1.9bn annually to foreign ship owners —NSC
The Chief Executive Officer, Nigerian Shippers’ Council, and Chairman, Nigerian Fleet Implementation Committee, Hassan Bello, has said Nigeria is losing $1.9bn to foreign ship owners annually. Bello disclosed this when…
Just In: Arik Air Fire 300 Staffs
Arik Air on Friday declared the retrenchment of 300 workers. The airline said the action was due to the adverse effect of coronavirus. The statement on the sack was titled,…
FOA Cries Out Over Rise In Food Prices
Global food commodity prices rose sharply in November to their highest level in nearly six years, the UN food agency said Thursday, due in part to adverse weather conditions. The…
Reopening Of The Boarder Is In Our Own Interest – MAN
The Manufacturers Association of Nigeria has advised the federal government to as a matter of urgency consider reopening of the nation boarders in the interest of the country He said,…
FG Engages 17,000 Youths In Rabbit Farming
The Federal Government on Wednesday announced the commencement of its programme on rabbit farming that would engage 17,000 youths across the country. It made the announcement through its National Agricultural…
Don’t Reverse Ban On Rice Importation, Ortom Begs Buhari
Governor Samuel Ortom of Benue State, on Monday, appealed to the president l Muhammadu Buhari, to sustain the policy on the ban of rice importation and not succumb to any…
BREAKING: CBN Issues New Guidelines For Receipt Of Foreign Remittances
The apex bank in a statement signed by O.S. Nnaji, director of trade & exchange of CBN, said recipients of such remittances may have the option of receiving these funds…
Naira: IMF Calls For Unified Exchange Rate
By Lukman Amusa THE International Monetary Fund (IMF) has urged the Central Bank of Nigeria (CBN) to get the country a unified exchange rate for the naira. It remained stable…
OPEC Members Meet To Extend Oil Production Cuts
The OPEC oil producers’ club will meet virtually Monday to mull over an extension to production cuts as the coronavirus pandemic continues to weigh on global demand. Ministers from the…
