By Kadiri Abdulrahman The Debt Management Office (DMO) on Thursday unveiled Stanbic IBTC Stockbrokers Ltd. as the new stockbrokers of the Federal Government. This is coming after the expiration of the tenure of CSL Stockbrokers Ltd., a subsidiary of First City Monument Bank (FCMB). According to the Director-General of DMO,Continue Reading
By Martha Agas The Ministry of Steel Development is seeking technical and financial assistance from donor agencies to revive the Ajaokuta Steel Company Limited (ASCL) and the National Iron Ore Mining Company (NIOMCO). Its Minister, Prince Shuaibu Audu, made this appeal during a meeting with donor agencies in Abuja. AuduContinue Reading
By Martha Agas The Minister of Solid Minerals Development, Dr Dele Alake has been conferred with an Honorary Fellow of the Nigerian Mining and Geosciences Society (NMGS) for his efforts in advancing Nigeria’s solid minerals sector. The award was presented to him on Tuesday in Abuja at the opening ceremonyContinue Reading
By Okeoghene Akubuike The National Bureau of Statistics (NBS), has introduced special inflation indices to its monthly Consumer Price Index (CPI) Report. The Statistician-General (S-G) of the Federation, Adeyemi Adeniran made this known at a news briefing on the CPI Rebasing Results in Abuja on Tuesday. Adeniran said the newContinue Reading
By Okeoghene Akubuike The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate declined to 24.48 per cent in January 2025. This is contained in the Consumer Price Index (CPI) rebased results released in Abuja on Tuesday. The News Agency of Nigeria (NAN) reports that the headline inflation rateContinue Reading
By Martha Agas Mining stakeholders in Nigeria have called for greater collaboration among relevant agencies, sectors, and institutions to advance the sector’s development. This appeal was made on Monday in Abuja at the 60th Nigerian Mining and Geosciences Society (NMGS) Annual International Conference and Exhibition (AICE) during a pre-conference panelContinue Reading
By Kadiri Abdulrahman The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says Nigeria needs to diversify its economy into non-oil resources to accelerate economic development. Edun said this on Monday in Abuja, at the National Treasury Workshop with the theme, “Nigeria’s Revenue Challenges and the WayContinue Reading
By Salif Atojoko President Bola Tinubu says he strongly supports an Africa-led credit rating agency (ACRA), saying it will provide fairer, more transparent credit assessments for African economies. The President said this at the 38th Ordinary Session of the Assembly of the African Union (AU) Heads of State and GovernmentContinue Reading
By Martha Agas The Nigerian Mining and Geosciences Society (NMGS), says it plays a major role in shaping the policy direction of mineral development in the country. NMGS President, Prof. Akinade Olatunji, stated this on Friday in Abuja, during a news conference ahead the society’s 60th Annual International Conference andContinue Reading
By Naomi Sharang Some members of the House of Representatives have advocated for tax incentives for small businesses in the Federal Capital Territory (FCT) to thrive. The lawmakers made the call at the unveiling of an entrepreneurial centre, Dreamskin Luxe Empire, in Abuja on Friday. The News Agency of NigeriaContinue Reading
