Former President Goodluck Jonathan has explained that he signed the Nigerian Oil and Gas Industry Development Act in 2010 to ensure that at least 80 per cent of the needs of the nation’s oil industry is produced locally.
Vice-President Yemi Osinbajo has assured the business community of Federal Government’s unrelenting efforts to restore the country to a path of economic growth.
Transactions rebounded at the nation’s bourse on Friday by 0.46 per cent after a three-day consecutive bearish trend.
Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), says that in less than four weeks, the eNaira app had witnessed almost 600,000 downloads since its launch in October.
The Nigerian stock market extended its losing streak on Thursday by 0.32 per cent due to losses in some highly capitalised stocks.
Olam, a leading agribusiness conglomerate and parent company of Crown Flour Mill Limited (CFM), has assembled local and international development actors in the wheat value chain in a bid to stimulate higher wheat production in Nigeria.
Vice President Yemi Osinbajo has commended Chief Segun Awolowo, the outgoing Chief Executive Officer, Nigerian Export Promotion Council (NEPC), over his foresight in drawing up the Zero Oil Plan.
The Jaiz Charity and Development Foundation (JCDF) on Thursday put smiles on the faces of 54 persons in Jahi community in Abuja by empowering them financially through loans to run their businesses.
Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has extended the 14-day ultimatum earlier given to the Federal Government by seven days.
A bill seeking to regulate Public Private Partnership (PPP) in Nigeria, has scaled second reading at the Senate.
The Securities and Exchange Commission (SEC) has frowned at the resurgence of Ponzi schemes and illegal fund managers in the country’s financial sector.
Mr Romanus Eze, Chairman, All Farmers Association of Nigeria (AFAN) Enugu Chapter, has blamed the hike in prices of food stuffs to heavy taxation and inadequate preservative centres in the country.
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said that Nigeria’s non-oil revenue grew to N1.15 trillion, representing 15.7 per cent above target rate in response to Federal Government’s efforts at diversifying the nation’s economy.
