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…
25m Nigerians To Pay N4,000 Monthly For New Solar System -Osinbajo
An estimated 25 million Nigerians slated to benefit from the proposed off-grid solar home systems across rural communities in the country are expected to pay N4,000 monthly. The federal government…
$35bn External Reserves Sufficient For Seven-Month Imports — Emefiele
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said Nigeria’s external reserves, which currently stand at $35bn, are sufficient to cover seven months of imports of…
CBN Tells Bureau De Change Operators Not To Sell The Dollar High Than At N392
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…
