Nigeria is China’s major investment destination in Africa – Envoy
2021-02-08
Mr Zhao Yong, Deputy Ambassador of China to Nigeria has disclosed that Nigeria is China’s major investment destination in Africa.Continue Reading
NSE begins new trading week with 0.35% loss
2021-02-08
The Nigerian Stock Exchange (NSE) began trading for the week on Monday with a loss of 0.35 per cent as a result of persistent profit taking.Continue Reading
IMF lauds Nigeria’s fiscal sector reforms in spite COVID-19 challenges
2021-02-08
The Executive Board of the (IMF) says Nigeria’s economy is at a critical juncture, having been hit hard by the COVID-19 pandemic.Continue Reading
DPR licenses first floating LNG production plant
2021-02-08
DPR has issued Licence to Establish (LTE), the first floating LNG production plant to UTM Offshore Ltd., an indigenous oil and gas company.Continue Reading
Cryptocurrency ban: Experts optimistic of stock market rebound
2021-02-08
Capital Market experts have expressed optimism that the ban on cryptocurrencies will likely trigger enhanced activities in the NSE.Continue Reading
No waivers for mining title defaulters -DG
2021-02-08
“We are almost at the expiration date. Some have complied while some are yet to, we will compile the names and companies that did not pay and send to the Minister for revocation approval.Continue Reading
Cryptocurrencies unregulated, prone to financial crimes – CBN
2021-02-08
Following reactions trailing a recent Central Bank of Nigeria (CBN) directive to Deposit Money Banks (DMBs) to desist from cryptocurrencies transactions, the apex bank has clarified that the intention is to ensure accountability.Continue Reading
Mineral office exceeds N1.5bn 2020 revenue target- DG
2021-02-08
What we generated in 2020 would have exceeded what we realised in 2019, but due to COVID-19, we were unable to do much. The revenue MCO generated in 2019 was more than 50 per cent the entire Ministry’s revenue.Continue Reading
Youths to get N8m in Stanel Empowerment Masterclass
2021-02-08
A statement issued in Abuja on Monday by Mr David Abakpa, Media Aide to Uzochukwu, said that the empowerment programme tagged ‘Access More with Stanel’ is being co-sponsored by Access Bank and the Anambra State Government.Continue Reading
NAFDAC seals spices company for revalidating expired products
2021-02-07
NAFDAC has shutdown warehouse and factory of Rose Ltd., a manufacturer of Somgeo Brand of spices, for revalidating already expired products.Continue Reading