Nigeria heading into recession, IMF says
The International Monetary Fund (IMF) slashed its growth forecast for the Nigerian economy this year on Tuesday, saying a combination of plunging oil revenues and...
Category: Business
4,000 farmers in Edo to benefit from CBN loan
No fewer than 4,000 farmers have been selected to benefit from the Central Bank of Nigeria (CBN)agricultural loan in Edo. Mr Henry Ebole, the National...
Hong Kong Firm To Establish Nigeria’s Second Largest Refinery
Following Nigeria’s quest and intense desire for Direct Foreign Investment (DFI), especially in oil and gas infrastructure development, Blooming Faith Petroleum Limited, a subsidiary of...
Baru Now NNPC GMD
President Muhammadu Buhari has appointed Maikanti Kacalla Baru as the new group managing director of the Nigerian National Petroleum Corporation (NNPC). Femi Adesina, special adviser...
BREAKING NEWS! Buhari sacks Kachikwu, appoints new board for NNPC
approved the composition of the Board of the Nigerian National Petroleum Corporation (NNPC), as provided for under Section 1(2) of the Nigerian National Petroleum Corporation...
Anchor Borrower Programme: FG Targets 300,000 Metric Tons of Dry Season Rice
By ALEX UANGBAOJE, Kaduna As part of effort to reduce rice importation and conserve Nigeria external reserves, the Federal government said the Central Bank of...
Nigeria unveils e-agric portal to boost food production
The Federal Government has unveiled an agricultural web portal to help Nigeria attain self-sufficiency in food production. The portal, www.eagriculture.com.ng or www.eagriculture.org.ng was developed by...
FG To Acquire Four More Coaches For Abuja-Kaduna Rail Route, Says Minister
The Federal Government will soon acquire more coaches for the Abuja-Kaduna railway service to enable it to cope with the population of commuters plying the...
More troubles for Kaduna Electric: N2m transformer scandal: Kaduna Disco to forfeit assets in terror – NERC
The kaduna Electricity Distribution Company (KAEDCO) would not get a return on the asset in its torrid for failing to produce a 500kva electricity transformer...
WE REFUSED TO SAVE FOR RAINY DAY– BUHARI
President Muhammadu Buhari on Monday lamented that Nigeria refused to save for the rainy day, noting that the rain is now beating us. “And we...