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Nigeria stock market indices slump further by 0.45%
Activities on the nation’s bourse resumed for the week on Monday still on negative territory with crucial market indicators dropping further by 0.45 per cent.Specifically, the market capitalisation lost N59 billion or 0.45 per cent to…
FG begins sale of 2, 3 year savings bonds at 11.244%, 12. 244% for October
The Federal Government on Monday offered for subscription two-year savings bond at 11.244 per cent and three-year savings bond at 12.244 per cent per annum, the Debt Management Office (DMO) has said.According to the offer circular…
Border closure: Nigerians groan as prices of staple food items skyrocket by 65%
Nigerians are now feeling the pains arising from the border closure as the prices of staple foods such as rice, frozen foods and others continue to witness an increase of up to 65 per cent.The News Agency of Nigeria (NAN) reports that…
Farmers laud new beans variety’s performance
Nigerian beans farmers have commended the performance of new beans variety, Pod Borer Resistant (PBR) Cowpea (beans) over its outstanding performance on the field over the old varieties the planted in the past.The farmers who spoke…
Closure of land borders will improve economy ― RIFAN
The Chairman, Rice Farmers Association of Nigeria (RIFAN) in Kebbi State, Alhaji Muhammad Augie, has said the closure of Nigeria’s land borders will help to improve the country’s economy.Augie made this known in an interview with News…
PPP crucial to economic development ― Ibadan Chamber of Commerce boss
Public-Private Partnership (PPP), has been described as a very crucial element for the economic development of any society.Making the description was the President, Ibadan Chamber of Commerce, Industry, Mines and Agriculture, Mr Ismaila…
Trade minister woos Polish investors to Nigeria
The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, has called on the business communities in Poland to consider Nigeria as a profitable investment destination.Adebayo stated this at the Weekend in Abuja while…
No going back on decommissioning of Terminal B of Rivers Port ― NPA
The Nigerian Ports Authority (NPA) have refuted claims made by BUA Ports and Terminal Limited over issues ranging from non-compliance to court order, provision of security, dredging of port and other issues following the decommissioning of…
Rivers port receives 162 vessels in 2019 HI, may collapse soon ― NPA
The Nigerian Ports Authority (NPA) has revealed that the Rivers Port Complex received a total of 162 vessels between January to June of 2019.This is even as the agency warned that the port has reached the end of its lifespan and may…
Ekiti patners NEPC for state’s economic development
The Ekiti State Government has reiterated its sheer commitment to partner with the private sector in order to boost its economy.Barrister Bamidele Arowosola, the Permanent Secretary of Ekiti State Ministry of Investment, Trade and…