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L-R: Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh; Secretary General of the International Maritime Organisation, IMO, His Excellency Kitack Lim; and Honourable Minister of Transportation, Engr. Mu’azu Jaji Sambo at the Meet and Greet reception in honour Kitack Lim during his first time arrival in Nigeria, held at the Oriental Hotels, Lagos.  

Global economy needs Nigeria – IMO chief Kitack Lim

Kitack Lim who is from Korea said Koreans consider Nigeria a dream land and expresses hope for more cooperation between…

Inflation: More women engage in backyard farming in Jos

Mrs Helen Dung, a mother of three children, said her backyard vegetable farm paid some of her bills this year…

Why CBN monetary policy is not working – Prof. Ife

He said that the 80 per cent money amounting to N2.6trn that ought to have been made available to the…
Zenith Bank

Zenith Bank begins Tech Fair Tuesday

A statement from the bank said the two-day fair will feature a welcome address by Jim Ovia, founder and Chairman…

Wema Bank increases benefits on its Royal Kiddies Account for children

From November 1, 2022, through January 30, 2023, parents who set up a standing instruction via ALAT or in-branch for…

PTML Customs Command records highest revenue so far

The collected revenue translates to a 7.7 per cent increase, which is an appreciation of N14,247,021,754.00 from the N185,221,461,088.00 generated…
EFCC

CBN orders banks nationwide to work on Saturdays

He explained that the new and existing currencies shall remain legal tender and circulated together until Jan. 31, 2023, when…
Governor Dapo Abiodun commits to modernization, unwavering judicial independence as Ogun State Judiciary marks 50th anniversary

Abiodun proposes N472.25bn budget for 2023

He stated that the 2023 budget was expected to achieve social cohesion that would continue to focus on equitable socio-economic…

The 4 bonuses that Efbet’s users in Bulgaria and Nigeria might not have access to

The majority of the best online betting operators and casinos do everything they can to satisfy their clients. Some brands…
Obaseki presenting 2023 budget to the State House of Assembly

Obaseki presents N320bn budget o Assembly for 2023

The estimate named Budget of Reliance and Transformation, is made up of 60 percent capital (N192 billion) and 40 percent…

Commodities Exchange predicts higher prices for maize, paddy rice

He said the increased prices and market changes were largely due to flooding, the Russia-Ukraine war, fluctuating exchange rates, and…
Mohammed suspends Bauchi Govt. tasks 17 new Permanent Secretaries on professionalism, integrity, swears in new appointees

Bala Mohammed presents N202bn 2023 budget to Bauchi State assembly

The governor said that the 2023 budget was increased in line with current economic realities, especially, the rising inflationary trend.
Chinese Yuan and US Dollars

World in Age of inflation: Era of Cheap Stuff Is Over

Global inflation is forecast to hit a whopping 9.5%. Central banks are still raising interest rates, making life even more…
Minister of Finance, Zainab Ahmed

Fuel subsidy to go by June 2023, says finance minister

By Kadiri Abdulrahman The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has said the Federal Government will…
House of Reps. Committee on PSCS of Nigerian National Petroleum Company Ltd. summons Total Upstream over tax claims of 85 billion dollars.

Reps panel summons Total, others over $85bn tax

Fulata also summoned AGIP Energy Natural Resources Ltd, Shell Nigeria Exploration Company. Ltd. Chevron and other oil companies, saying that…
Nigeria's inflation rises

Nigeria’s inflation hits 21.09 percent in October

According to the report, the figure is 5.09 per cent points higher compared to 15.99 per cent recorded in October…
Police bust 3 who allegedly stole N136.5m containers at Apapa Ports

‘How NIMASA, NPA are contributing to fall in value of naira, high petrol price’

The federal gvernment through its downstream regulator, and based on agreement reached with stakeholders, directed ports charges to be collected…
FG says operations Zungeru Hydroelectric Power Plant (ZHPP) have been transferred to a concessionaire, Penstock Ltd.

Why we did Zungeru Hydroelectric Power Roadshow – BPE Boss

The essential objective of this roadshow is, therefore, to interact with potential investors, answer questions, and provide clarifications.

Twitter security chief Lea Kissner resigns

The walk-outs happened a day after Musk's erratic rollout of new features after his $44 million acquisition of the significant…

Nigeria’s GDP grows by 3.54% in 2022 second quarter 

The NBS said this growth rate declined from 5.01% in the second quarter of 2021 when rapid growth was recorded…

Kuda launches in the UK

The launch will among other things, enable hundreds of thousands of UK-based Nigerians to combat high remittance costs on large…
Emefiele: Ex-CBN director confirms receiving $2.5m as gift from $6.2m election money

Real reason CBN is redesigning Naira notes

Abdulmalik also said the apex bank’s major mandate, which was issuance of currency was a serious challenge to the bank…
Ogun government rolls out figures to disprove claim of diversion of funds allocated to LGs in the state from Federal Govt by Gov. Dapo Abiodun

Firm unveils plan to build $3bn refinery in Ogun

The refinery project would sit on 800 hectares of land that had already been acquired in Ipokia area of Ogun…
Dangote Group at forefront of job creation - LCCI

Dangote Group at forefront of job creation – LCCI

Dangote Industries Limited's sustained efforts at providing basic infrastructure through various intervention projects have received the commendation of the Lagos…

Kanye West’s worst nightmare is coming true

The company announced it was ending production of its Yeezy-branded products with “immediate effect” at the end of October.
BoI wins 4 International Banking and Sustainability Awards

BoI wins 4 International Banking and Sustainability Awards

The Bank of Industry (BOI) has bagged 4 international awards in recognition of its outstanding developmental impact, commitment to sustainable…
Gambling

How Similar Are Nigerian and New Zealand Gambling Industries?

While Nigeria does not have an online infrastructure of its own, its leadership permits its residents to gamble online if…
Efbet

How to place bets at Efbet if you are from Bulgaria, Nigeria, or any other country

The majority of people from around the world have the option to use at least a few gambling operators. Online…
NAFDAC urged to regulate mode of processing cow hide into “ponmo”

Leather: $1bn revenue possible with ban on consumption of ‘ponmo’

The director-general said he would continue to engage key stakeholders in the crusade against the consumption of animal skin across…
Chinese Yuan and US Dollars

Chinese Yuan weakens against Dollar

In China’s spot foreign exchange market, the Yuan is allowed to rise or fall by two per cent from the…
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