Wednesday, May 20, 2020
The Senate on Tuesday asked the Federal Government to consider a comprehensive review of the power privatisation policy with a view to reversing the current arrangement…Read more
The number of active oil rigs in the country fell by 23.8 per cent to 16 in April amid the coronavirus-induced collapse in prices and demand for crude. Data obtained from Baker Hughes Incorporated and the Organisation of Petroleum Exporting Countries on Tuesday showed…Read more.
The Central Bank Governor, Mr. Godwin Emefiele, has said that the CBN will not support the importation of items that can be produced in Nigeria with forex. As Nigeria continued the process of full reopening of the economy…Read more.
One year after the Director-General (DG) of the Securities and Exchange Commission (SEC), Mary Uduk, had spearheaded its affairs in an acting capacity, the Senate yesterday, received a request…Read more.
Contractors that handled the 2018 procurement in the Ministry of Agriculture and Rural Development, have threatened to take legal action against the Ministry over N17billion debt…Read more.
With the coronavirus pandemic forcing Nigerian bars, restaurants, hotels and event centres to shut down or maintain partial operation in some cases, operators in the food and beverages sector may have to contend with newer challenges of poor demand and slow production…Read more.
The Chartered Institute of Stockbrokers (CIS) yesterday announced the election of Mr. Olatunde Amolegbe as its new president and chairman of the Governing Council, succeeding the incumbent president, Mr Adedapo Adekoje…Read more.
BUA Cement Plc yesterday announced a dividend of N1.75 per share for the year ended December 31, 2019. The dividend announcement followed the presentation of the audited results to the Nigerian Stock Exchange (NSE) and capital market community….Read more.
Nigeria plans to spend an estimated N600 billion on technical infrastructure over the next three years as it looks to expand its network coverage across the entire country by 2024…Read more.
THE Federal Government recently handed over the Tin-Can Truck Park to MOB Integrated Services Limited, a Management Consulting firm for effective management of the park …Read more
CBN EXECUTIVE Secretary of the Nigerian Shippers Council, NSC, Hassan Bello has called on Central Bank of Nigeria, CBN to give priority to the maritime and logistic sectors as part of measure to boost the non-oil sector of the nation’s economy…Read more.
The U.S. moved to cut off chip supplies to Huawei with a rule that requires foreign firms using American software or equipment to manufacture chips to sell to the Chinese giant, to get a license…Read more.
Consumers in China are worried about further repercussions from the pandemic as it continues to spread globally. “We expect food stockpiling to continue especially in cities exposed to logistic disruption…Read more.