By Lucy Ogalue The Federal Government says it is working to strike a balance between ensuring adequate rice availability in the market while protecting local producers and processors to sustain Nigeria’s growing rice value chain. The Minister of State for Industry, Sen. John Enoh, said this during a meeting withContinue Reading
By Emmanuella Anokam Abuja, March 8, 2026 (NAN) The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says fluctuations in fuel pump prices are a direct result of market dynamics under Nigeria’s deregulated downstream petroleum sector. The authority’s spokesperson, George Ene-Ita, said this in an interview with the News AgencyContinue Reading
By Emmanuella Anokam Abuja, March 8, 2026 (NAN) A renowned economist, Dr Chijioke Ekechukwu, has urged the Federal Government to supply crude oil to local refineries at subsidised rates to cushion the impact of global supply disruptions on domestic petroleum product prices. Ekechukwu, the Managing Director/Chief Executive Officer of BristolContinue Reading
Abuja, March 9, 2026 (NAN) The Bureau of Public Procurement (BPP) and Yakubu Gowon University have announced plans to establish an International Centre for Procurement, Governance, Integrity and Assurance. The Director-General of BPP, Dr Adebowale Adedokun said this in a statement on Monday in Abuja. Adedokun said the proposed centreContinue Reading
By Ikenna Osuoha The Chancellor of the European University of Nigeria, Sen. Nicholas Ukachukwu, says the institution has created a N50 billion endowment fund to drive cutting-edge research and innovation. Ukachukwu disclosed this on Sunday in Abuja during an interview on the sidelines of the university’s maiden matriculation ceremony.Continue Reading
By Lucy Ogalue The National Sugar Development Council (NSDC), and the Bank of Industry (BOI) have unveiled a N10 billion Sugar Project Acceleration Fund (SPAF) to support greenfield sugar projects. The NSDC Executive Secretary, Mr Kamar Bakrin, on Sunday said the fund was aimed at providing financing and project developmentContinue Reading
By Constance Athekame The House of Representatives Committee on Power has commended the leadership of the Niger Delta Power Holding Company (NDPHC) for job acceleration on the 570 Megawatts Alaoji Combined Cycle Power Plant in Abia. The management of NDPHC in a statement in Abuja on Saturday, said that theContinue Reading
By Kadiri Abdulrahman Abuja, March 7, 2026 (NAN) As the March 31 deadline for the bank recapitalisation exercise of the Central Bank of Nigeria (CBN) draws near, the apex bank says 30 banks have met the new capital requirements. CBN Acting Director, Corporate Communications Development, Mrs Hakama Sidi-Ali, said thisContinue Reading
By Vivian Emoni The Abuja Chamber of Commerce and Industry (ACCI), has allotted 50 free exhibition booths to women entrepreneurs as part of efforts to increase gender inclusion. The ACCI President, Chief Emeka Obegolu, spoke on Friday in Abuja at a news conference as part of activities lined up toContinue Reading
By Lucy Ogalue The Bureau of Public Procurement (BPP) and the National Insurance Commission (NAICOM) have signed a Memorandum of Understanding (MoU) to strengthen collaboration and reforms in procurement and insurance. The Director-General of BPP, Dr Adebowale Adedokun, said this in a statement on Thuraday in Abuja. Adedokun, during aContinue Reading
