Business

The Central Bank of Nigeria, CBN, says banks in the country have remained stable, robust and resilient in spite of the COVID-19 pandemic. The Director, Banking Supervision of CBN, Haruna Mustafa, said this at the 2021 Financial…

The Federal Government in partnership with Nigerian Stored Products Research Institute (NSPRI) has begun training of Agricultural Development Project (ADP) staff in the South East and South-South zones of the country. The News Agency of…

The Federal Government on Thursday reiterated its commitment to reposition the gas sector for effective service delivery. Vice President Yemi Osinbajo made this known while declaring open the 2021 World Energy Day Conference in…

Chief Timipre Sylva, Minister of State for Petroleum Resources, has inaugurated the governing boards of the new entities comprising the regulatory framework for the oil and gas industry as provided for by the Petroleum Industry Act (PIA).…

President Recep Tayyip Erdogan says the Nigeria, Turkey trade volume will be expanded by five billion dollars, immediately, to further boost socio-economic ties between the two countries. Mr Erdogan stated this when he addressed newsmen at…

After a big drop in 2021 caused by the COVID-19 pandemic, global Foreign Direct Investment, FDI, reached an estimated 852 billion dollars in the first half of 2021, showing a stronger than expected rebound. The latest Investment Trends…

The Federal Government has revoked at least 5,793 inactive mining licences, Media investigation has revealed. Our correspondents learnt that the licences that were revoked included mining, exploration, quarry and small scale mining…

The Executive Chairman of the Federal Inland Revenue Service, Muhammad Nami, has said that the dwindling oil revenues have made it imperative for states to look inwards for sustainable revenue sources. He equally advocated for the…

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has asked the National Assembly to formulate legislation that would regulate cryptocurrency trading to stop operators from using it to perpetrate heinous crimes.…

The Central Bank of Nigeria says the e-naira that will soon be inaugurated on the first day in October 2021 is a legal tender equal to the value of the naira and thus must be accepted as a form of payment by all merchants and business…