FG Trains North-East Farmers On Wheat Production

The Federal Ministry of Agriculture and Rural Development has conducted a one-day training for wheat farmers in the North East sub-region, on good agricultural practice on wheat storage. Declaring the training open... Read more »

Nigeria Lost N500.6bn Crude Oil In Five Months

Revenues accruable to Nigeria from the sale of crude oil crashed by about N500.6bn between January and May this year, findings from various oil and gas, as well as statistical reports have... Read more »

57 Successful Investors Get Marginal Oil Field Licences Tuesday – FG

The Federal Government on Saturday announced that the successful investors in Nigeria’s 57 marginal oil fields of the 2022 bid round would get their various Petroleum Prospecting Licences on Tuesday. On May... Read more »

Bitcoin Drops 52% Of Its Market Value

Bitcoin since last year has lost 52.84 per cent of its market value, wiping off $473.34bn in market capitalization in the process, and leading to numerous liquidations.The development has seen some BTC... Read more »

Dangote Cement Spent ₦196 Billion On Fuel And Power In 2021 Due To Inflation

Dangote Cement Plc has disclosed that fuel and power consumed by the company increased by 34.4% to N196.634 billion in 2021 from N146.342 billion in 2020. The Group Chief Financial Officer, Dangote... Read more »

Finance Minister Fuel Subsidy, Soludo, Peterside Advocate Fuel Subsidy Removal

Ahmed said the retention was hurting the economy and impeding investments in human capital development. The official spoke on Tuesday in Abuja at the launch of the Nigeria Development Update (NDU) 2022... Read more »

Dollar To Naira Exchange Rate Today

Dollar exchanged at N603 (average) at Lagos and Abuja parallel markets on Tuesday, indicating a worsening liquidity crisis in the foreign exchange market of Africa’s biggest oil producer. Between June 2021, and... Read more »

World Bank Warns More Hardship In Nigeria

The World Bank has predicted more hardships for Nigerians and the citizens of Angola over the rising inflation, increased power outages as well as a shortage in fuel and food. This is... Read more »

Access Bank To Acquire 83.4% Of Kenya’s Sidian Bank For N15bn

Access Bank Plc says it has entered into an agreement to acquire the entire 83.4 per cent equity stake held by Centum Investment Plc, a Kenya-based investment company, in Sidian Bank Ltd,... Read more »

Court Orders Unsealing Of Zenith Bank In Imo State

The Court of Appeal sitting in Owerri, yesterday, ordered the unsealing of Zenith Bank branches in Owerri, the Imo State capital. The order followed an appeal by the Imo State government over... Read more »