Browsing Category
Business
Global trade to slow down in Q1 2021 – UN
A recovery in global trade is expected to slow down again in the first quarter of 2021 as the coronavirus pandemic keeps disrupting the travel industry after world trade contracted 9% in 2020.
This statement is according to the U.N.…
Association to engage 40% of Southwest youths in Tomato farming
Tomato Growers Association of Nigeria says it is making plans to employ about 40 per cent of youths in the southwest this year through expansion of farmlands.
The Southwest President of the association, Mr Bamidele Ajani, made the…
Cocaine worth N32bn seized at Tincan port – NDLEA
The National Drug Law Enforcement Agency, (NDLEA) has Intercepted 40 parcels of cocaine weighing 43.11kg, with an estimated street value of over N32 billion at the Tincan Port, Lagos.
The Commander, Tincan Port command, NDLEA, Mr Sumaila…
NSE: Market indices drop by 0.13%
The equities market recorded another day of loss on Tuesday as the market indices dropped by 0.13 percent to make it the second day of loss.
The All-Share index depreciated by 0.13 percent to close at 41,510.16 points being…
NNPC: Minister launches Nigerian Upstream Cost Optimization Programme
The Minister of State for Petroleum Resources, His Excellency, Chief Timipre Silva, on Tuesday launched the Nigerian Upstream Cost Optimization Programme in Abuja, the country's capital.
The event was hosted by the Group Managing…
UNECA hosts 4th African Business Forum 2021
The UN Economic Commission for Africa (ECA) and its partners have hosted the 4th African Business Forum 2021.
The virtual gathering was held on the margins of the thirty-fourth ordinary session of the Assembly of Heads of State…
Nigeria: IMF recommends exchange rate reforms, increased Govt. revenues
The International Monetary Fund (IMF) in its latest economic assessment of Nigeria, Africa’s largest economy, has recommended exchange rate reforms to establish a unified rate and allow greater flexibility, while calling for strengthened…
Government warns foreign investors against enslaving Nigerians
Government has warned foreign investors against subjecting Nigerians working in their companies to industrial slavery.
The Nigerian government said the warning became necessary following several complaints against foreign companies…
Stock market begins trading week negative
Trading activities on the Nigerian Stock Exchange closed on a negative note on Monday as market indicators fell by 0.34%.
The market capitalization of equities dropped by 0.34 percent or N74 billion to close at N21.744 trillion…
Nigeria to begin Oil exploration in Northeast
The Minister of State for Petroleum Resources, Timipre Sylva, says the Nigerian Government will begin oil exploration in the Northeast.
“I have said it a few times that we have found oil in the northeast and we have started drilling…