Friday, June 19, 2020
The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says the Federal Government has designated seven of the country’s strategic minerals to unlock the potential in the mining sector…Read more.
The Central Bank of Nigeria on Thursday said it plans to fund the value chains of nine agricultural commodities to the tune of N432bn in the 2020 wet planting season…Read more.
Seplat Petroleum Development Company Plc announced on Thursday the completion of transfer of the business activities and assets of Oil Mining Leases 4, 38 and 41 to its wholly-owned subsidiary, Seplat West Limited…Read more.
To avert another round of recession in the country, the Central Bank of Nigeria (CBN), has unveiled plans for a framework for the integration of non-interest window in all its intervention programmes…Read more.
World airlines are revving up to return to recovery path after months of lockdown. Amid uncertainties, stiffer competition awaits the scramble for the depleted market. In all of these, protecting the local airlines should not be an afterthought….Read more.
United States has classified Nigeria among 14 countries that made “significant progress” towards meeting its minimum fiscal transparency requirements in 2019…Read more.
The Nigerian Maritime Administration and Safety Agency (NIMASA) says it is projecting to generate nothing less than N1 billion in revenue per month from the operations of its newly acquired multimillion-dollar floating dockyard…Read more.
The Central Bank of Nigeria (CBN) has unveiled plans to release a framework for the integration of non-interest window in all its intervention programmes, particularly the Anchor Borrowers’ Programme (ABP) and the Targeted Credit Facility….Read more.
Seafarers in the country have decried what they described as marginalisation by the Nigeria LNG Limited and foreign ship owners in preference for their counterpart in other countries with less qualification…Read more.
The International Air Transport Association (IATA) has released criteria for the use of COVID-19 testing in air travel process. The body said should governments choose to introduce COVID-19 testing for travelers arriving from countries considered as high risk…Read more.
The federal government has said its electrification programme for rural areas in the country would empower those who live in villages and ensure that small-scale businesses survive…Read more.
The Debt Management Office, DMO, said yesterday that the total borrowing by Nigeria from China was $3.121 billion (N1,126.68 billion at USD/N361), as at March 31, this year. This amount, it explained, in a statement, was only 3.94% of Nigeria’s total public debt…Read more.
The price of Bonny Light, Nigeria’s premium oil grade, which had risen to $40 per barrel last week, dropped to $38.70 following the prevalence of excess crude in the international market…Read more