NIGERIA is the best, most natural destination for investment in Africa and the Socialist Republic of Vietnam can leverage the cherished friendship with Nigeria to gain entry to the vast Nigerian and African markets, says Vice President Yemi Osinbajo, SAN…
ENERGY giants, TotalEnergies and the Nigerian National Petroleum Company Limited have trained 20 young Nigerians on agro-business operations, equipping them with starter packs to manage their own businesses. The starter pack which included a sealing machine, scales for measuring weight…
CENTRAl Bank of Nigeria, CBN, Governor, Mr. Godwin Emefiele, yesterday, said that the apex bank would consider tweaking the new weekly cash withdrawal limits of N100,000 and N500,000 for individuals and corporate bank customers. Emefiele, who addressed State House correspondents…
THE Department Of State Services (DSS) said will raid all fuel stations and quizz any marketer hoarding petrol, which has led to the lingering fuel scarcity across the country. This was the outcome of a meeting involving the DSS, NNPC…
THE federal government through the Courier and Logistics Regulatory Department(CLRD) of the Nigerian Postal Service(NIPOST), on Wednesday, impounded several unregistered, unlicensed, illegal operators of courier and logistics services in the federal capital territory, FCT and its environs. Trojan.com.ng learnt that…
*N500,000 for corporate organisations, N100,000 for individualslN20,000 maximum daily ATM withdrawal *It’ll put us out of business — Mobile money agents The Central Bank of Nigeria (CBN) has restricted cash withdrawals from over-the-counter, Automated Teller Machines (ATMs) to N100, 000…
THREE days after the Federal Government denied that it planned to hike the pump price of petrol, independent marketers have raised their price to N280 per litre. Checks on petrol situations in Abuja on Saturday morning showed that while NNPC…
NIGERIA has recorded a negative trade balance quarter-on-quarter, QoQ, as export declined by 19.8 percent to N5.93 trillion in the third quarter of 2022, Q3’22, from N7.4 trillion in Q2’22, while import bill rose 4.2 percent to N5.66 trillion from…
THE Nigerian National Petroleum Company Limited has signed five Memoranda of Understanding with the national oil companies and relevant entities of five African countries on the Nigeria-Morocco Gas Pipeline Project. The five National Oil Companies and relevant entities are from…
…as local currency weakens by 53%, external debt rises by 288% •Nigeria needs strong, productive economy, say economists The value of naira to dollar fell from N196.92 in June 2015 to N414.72 in June 2022, worsening Nigeria’s foreign debt burden.…
