Forex: Speculators set to count losses

Speculators in Nigeria’s foreign exchange market are set to count huge losses as the Naira continues to surge against the dollar, following the interventions made by the Central Bank of

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Despite OVID-19, Lagos records 81% revenue performance in first half of 2020

By Benjamin Omoike, Lagos Lagos State Government says it has recorded 81 per cent of projected revenue for the first half of 2020, despite the scourge of the COVID-19 pandemic

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Oniru seeks pact with African group to regenerate Iruland economy

By Benjamin Omoike, Lagos Oniru of Iruland, Oba Abdulwasiu Lawal, Abisogun II,  says he will explore strategic partnership opportunities with African Venture Philanthropy Alliance (AVPA), to boost the social economy

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Friska Herbal Teas Appoint Ariyiike Owolagba as Brand Ambassador

By Benjamin Omoike, Lagos Friska Farms Limited, producers of Friska Herbal Teas, has appointed one of Nigeria’s elite actors and TV presenters, Ariyiike Owolagba, popularly known as Ariyiike Dimples, as

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COVID-19 forces Shoprite out of Nigeria

South African superstores, Shoprite Holdings Limited, has stated it will auction its outlets in Nigeria, The Nation can report. The decision, it said, was informed by the COVID-19 pandemic, which

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Olam Nigeria, IFAD’s Value Chain Devt Prog Injects N3bn into Nigeria’s Economy

By Benjamin Omoike, Lagos According to reports, the Nigerian economy has received a boost of over N3 billion, arising from the partnership between Olam Nigeria, the International Fund for Agricultural

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Senate Passes Bill to Re-enact BOFIA

The Senate on Wednesday, July 22, 2020 passed the Bill to repeal the Banks and Other Financial Institutions Act (BOFIA) CAP B3 Laws of the Federation of Nigeria 2004 and

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SGF Inaugurates CBN Body of Experts for Health Sector R & D

The Secretary to the Government of the Federation (SGF), Boss Mustapha, on Monday, July 20, 2020, in Abuja, inaugurated the Body of Experts (BoE) for the Healthcare Sector Research and

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CSR: FG Tasks Oil Companies to Engage with Communities

The Federal Government has urged International Oil Companies operating in the Niger Delta Region to get closer to the communities and address issues in a manner that would not cause

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CBN Unveils Non-Interest Guidelines for AGSMEIS, MSMEDF, Others

…To Create AGSMEIS Non-Interest Fund …To Increase productivity, create jobs, Engender inclusive growth The Central Bank of Nigeria (CBN) has unveiled series of guidelines for Non-Interest Financial Institutions under its

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