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Food Prices Won’t Drop Immediately Despite Naira Appreciation – Economists
Economists have stated that it will take some time for Nigerians to feel the impact of the current strengthening of the naira against the dollar on the prices of commodities in the country.
The Chief Executive Officer of Economic…
Oil Producing Fields In Nigeria Rise to 246, says FG
Nigeria now produces crude oil from over 246 fields across the country and operates 188 production stations/platforms, the Federal Government has stated.
Reports said that the Nigerian Upstream Petroleum Regulatory Commission, an agency…
TotalEnergies Promises Sustainable Energy
TotalEnergies in marking 100 years of existence, the company has promised to continue to adjust and adapt to be part of the story of energy for another 100 years.
On March 28, 1924, Compagnie Française des Pétroles was founded in France,…
Bank Recapitalisation Boosts Capital Market.- Senator Osita Izunaso
The new minimum capital requirements for banks operating in Nigeria, with the objective of ensuring a more safe, sound and stable banking system is a welcome development that will help strengthen the country's financial system in general.…
Local Vehicle Production Underway In Nigeria- Industry Minister
The Minister of Industry, Trade and Investment, Doris Uzoka-Anite has declared that plans are underway to position Nigeria as a major player in the vehicle manufacturing industry,
The minister stated this while launching the Nigeria…
Transmission Company Of Nigeria Restores National Grid
By: Chioma Eche, Abuja.
The Transmission Company of Nigeria (TCN ) has successfully restored the national grid following a system disturbance that occurred at 4:28 p.m. local time, on thursday, 28th March 2024.
According to…
Council Enlightens On Best Practices To Address Sector Constraints
By: Chukwumerije Aja, Enugu
The Nigerian Export Promotion Council (NEPC) says logistics plays a crucial role in the success of every nation's economy and essentially export businesses.
The Executive Director of the Council,…
Nigeria Sovereign Investment Authority Records N1.18trn Income In 2023
By: Elizabeth Christopher
The Nigeria Sovereign Investment Authority (NSIA) has posted a total comprehensive income of N1.18 trillion for the 2023 financial year.
In its released audited financial report for 2023,…
Kwara State Wins NIPR’s Excellence In Corporate Governance Awards
By: Tunde Akanbi, Ilorin
Kwara State Government, North Central Nigeria has emerged as the winner of the Excellence in Corporate Governance Awards at the Nigeria Institute of Public Relations (NIPR) National Spokespersons Awards…
Lagos State Governor Canvasses Low Interest Rate For MSMEs
By: Luqmon Balogun, Lagos
Lagos State Governor, Mr. Babajide Sanwo-Olu has canvassed for low interest rates for Micro Small and Medium Enterprise (MSMEs) in the country to allow them access financial support and thrive in their…