By Kadiri Abdulrahman The Debt Management Office (DMO) says the alarm created around the country’s projected public debt by a segment of the media was unnecessary. The Director-General, Mrs Patience Oniha, said this in a statement to react to reports by a segment of the media that the nextContinue Reading
By Olawunmi Ashafa The Nigerian Exchange Ltd. (NGX) on Wednesday gained N34 billion as market capitalisation closed at N28.136 trillion from N28.102 trillion recorded on Tuesday. Also, the All-Share Index (ASI) increased marginally by 61.9 basis points or 0.12 per cent gain to close at 51,657.56 as against 51,595.66 postedContinue Reading
By Ismaila Chafe President Muhammadu Buhari on Tuesday in Abuja signed the 2023 Budget of N21.83 trillion and the 2022 Supplementary Appropriation Bill into law. The News Agency of Nigeria (NAN) reports that the 2023 budget is the last to be prepared by the present administration as it winds up.Continue Reading
By Salisu Sani-Idris The Insurance Consumers Association of Nigeria (INSCAN), has called for the reversal of policy directive on the increase of third-party motor insurance premium by 200 per cent. The National Coordinator of the association, Mr Yemi Soladoye, made the demand in a letter addressed to the National InsuranceContinue Reading
Mrs Karima Babangida, a Director at FMARD, has said that Nigeria has the potential to produce more than 40 metric tonnes per hectare (mt/ha).Continue Reading
By Zubairu Idris No fewer than 6,606 registered entrepreneurs in Katsina would benefit from the Micro, Small, Medium and Enterprise (MSMEs) support of the Federal Government. The Director General, Katsina Investment Promotion Agency (KIPA) Alhaji Ibrahim Tukur-Jikamshi, disclosed this on Thursday at the formal presentation of certificates of registration toContinue Reading
By Chinyere Joel-Nwokeoma Transactions on the Nigerian Stock Exchange returned to negative territory on Thursday, following sell pressure on Dangote Cement and 10 other stocks. Consequently, the All-Share Index declined by 234.08 points or 0.60 per cent to 38,697.17 from 38,931.25 on Wednesday. Accordingly, the month-to-date and year-to-date losses increasedContinue Reading
By Moses Kolo The Kaduna Inland Dry Port (KIDP), on Thursday announced that it would soon commence export consolidation services to support exporters doing business in the northern corridor. Mr Rotimi Hassan, the KIDP Manager, made the announcement at a stakeholders’ meeting on Exporters and Export Processing Delivery, held inContinue Reading
By Doris Esa The Minister of Agriculture and Rural Development, Alhaji Muhammad Nanono, on Thursday inaugurated the 5th Council of Nigerian Institute of Animal Science, expressing confidence it could deliver on its mandate. Nanono, at the ceremony in Abuja noted that the core function of the institute was to offer leadershipContinue Reading
By Nefishetu Yakubu The Federal Ministry of Agriculture and Rural Development (FMARD) has trained no fewer than 30 agricultural Extension Agents in Edo State ahead of 2021 farming season. The News Agency of Nigeria (NAN) reports that the four days training programme in collaboration with the Agricultural extension Research LiaisonContinue Reading
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