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Nigerian FX reserves rise to $27.87bn by March 29 – CBN

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Nigeria's foreign exchange reserves rose by 0.18 percent to $27.87 billion by March 29 from a month ago, when they were $27.82 billion, central...

N/Assembly disclose multiple budget, says it needs more time to submit...

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Leadership of the House of Representatives on Wednesday affirmed that it would require about two weeks to conclude work on the details of the...

20, 000 rice farmers to get CBN N1.8bn loan in Niger

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Twenty thousand rice farmers in Niger would be assisted with a N1.8 billion loan, under CBN Anchor Borrowers Programme within the next four years,...

Nigeria told to get serious about alternative energy

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Energy experts have told Nigeria’s energy sector policy makers to get serious about investment in alternative energy sources amid the serious electricity gap in...

Nigeria’s food production fall victim of Climate change

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Nigeria’s food import bill may soar as agricultural activities in 2016 have been predicted to experience significant decline. This follows the disclosure by the...

Boeing to cut more than 4,500 jobs in 2016

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Boeing will eliminate about 4,000 jobs in its commercial airplanes division by the middle of this year, the company’s spokesman, Doug Alder, said on...

Freight forwarders seek participation in maritime policy formulation

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Spokesman of Ports Logistics and Freight Forwarders Association (PLFFA), Osita Machie, has urged the Federal Government to seek the inputs of the association in...

FCTA releases N1.6bn bailout to area councils

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Federal Capital Territory Administration (FCTA) on Wednesday gave the mandate for the release of the sum of N1,679,825,308.1 bailout to the six Area Councils...

WEMA Bank gets long-term ‘BBB-‘ national rating with stable outlook

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The Global Credit Rating agency (GCR) has recently concluded its first rating review of Wema Bank plc. The bank has received a Long Term...

Akwa Ibom begins payment of salary to newly recruited staff

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Akwa Ibom State government has commenced the payment of salary to newly recruited staff after the conclusion of several screening exercises as part of...