Afreximbank supports ETG with $400m for agricultural productivity

The African Export-Import Bank (Afreximbank), says it has approved a 400-million dollars revolving global credit facility agreement for the Export Trading Group (ETG). The Group...

Nigerian Senate tasks FG on revival of $1.2bn Brass LNG project

The Nigerian Senate has called on the federal government to ensure immediate revival of the Brass Liquefied Natural Gas, LNG project in Bayelsa state...

Aliko Dangote Foundation: Changing Africa’s negative narratives

By GODWIN DUNIA Without doubt, Dangote's business footprints has continue to expand beyond African continent, such that it has become a house-hold name. But very...

Nigeria partners China on local transformers production by 2020

Nigeria is to work closely with China for the production of Nigerian-made transformers by 2020, a top ranking Nigerian official said on Thursday. Engr. Mohammed...

Naira loses 0.04%, exchanges $/N363.14 at Investors’ Forex Window

The Naira depreciated 0.04 per cent against the Dollar at the Investors and Exporters (I&E) foreign exchange window, having opened at N362.80, traded high...

Wemabod Estate: A legacy in ruins

By AYOOLA OLAOLUWA In the height of their glory, Cocoa House, Aje House, Western House, as well as other landmark buildings built by the late...

MPC retains interest rate at 14% for 13th consecutive times

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria on Tuesday for the retained the Monetary Policy Rate unchanged at 14 per...

FEC approves N118m augmentation for Ose-Akwa Bridge in Anambra

The Federal Executive Council (FEC), has approved and augmented by the sum of N118 million, the completion of the Ose-Akwa Bridge in Anambra. Information Minister...

COVID-19: DisCos waive 2 months electricity bill for Nigerians

The Electricity Distribution Companies (DisCos) have reached an agreement with the federal government to provide a two-month free electricity supply to their customers nationwide. In...