Day: August 23, 2022
Naira depreciates further, exchanges at N430.67 to dollar
The Naira on Tuesday further depreciated against the dollar at the Investors and Exporters window, exchanging at N430.67....
Stock market capitalisation drops by N426b
The equity market closed on a bearish note on Tuesday as market capitalisation closed at 26.188 trillion from...
Nigeria faces food crisis, manufacturers groan under import duty, inflationary pressure
Manufacturers and importers complain about the nation’s import duty pricing of some raw materials which are being valued...
Expert calls for robust regulation for digital money lenders
The Chief Executive Officer of Arvofinance, Mr Ayotunde Bally, has urged regulatory authorities to provide a healthy regulatory...
Spike in prices of kerosene, gas will affect Nigerians – Economist
Prof. Aminu Usman, an Economist, says the continuous increase in kerosene and cooking gas prices will lead to...
Group supports initiative on pipeline surveillance
The Coalition of Arewa Civil Society Groups, has supported the award of multi-million dollar pipeline surveillance contract to...
Minister seeks increased investment in electricity sector
The Minister of Power, Mr Abubakar Aliyu, on Tuesday urged investors to tap into the numerous investment opportunities...
NEPZA urged to reconcile accounts or pay N33.3bn into government
An Ad hoc Committee of the House of Representatives has given Nigerian Export Processing Zones Authority (NEPZA) a...
Osinbajo urges collaboration with private sector to bridge infrastructure gap in Nigeria
Vice President Yemi Osinbajo has said that the collaboration between the Federal Government and the private sector will...
Farmers commend World Bank’s project to boost agricultural
Some beneficiaries of the input supports under the World Bank’s Covid-19 Action Recovery and Economic Stimulus programme (CARES),...
