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Economy
Yobe partners SMEDAN to boost job creation
The Yobe government says it will partner the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) to enhance job creation for unemployed graduates.
Governor Mai…
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Treasury Account, FG excludes Universities and research Institutes
The Federal Government has instructed that third-party research grant funds at federal universities and research institutions be excluded from the Treasury Single Account (TSA).…
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Efcc hands over vehicles, returns cyber fraud monies to canada
On Friday, the EFCC transferred 53 recovered vehicles and $180,300 to the Royal Canadian Mounted Police (RCMP) on behalf of Canadian financial crime victims. Ola Olukoyede,…
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Crude oil: Dangote Refinery officially kicks off production
The Dangote Refinery, a $20 billion initiative led by billionaire Aliko Dangote, has commenced petrol production, marking a major achievement for Nigeria's energy sector. This…
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Deal on standard commodities _SON and NAFDAC urges
The Standard Organisation of Nigeria (SON) and the National Agency for Food and Drug Administration and Control (NAFDAC) have urged manufacture and importers to consult with them…
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Naira takes drastic downturn in FX market
In the parallel market, the value of the Naira on Friday decreased from N1,615 per dollar on Thursday to N1,625 per dollar. Likewise, in the Nigerian Autonomous Foreign Exchange…
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Treasury Bills_ CBN to sell at N2.2trn in final quarter
In Q3 of 2024, the Central Bank of Nigeria (CBN) announced that it will sell Treasury Bills (TBs) for a total estimated value of N2.2 trillion. When compared to the N1.56 trillion…
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Consumption of jollof rice in Nigeria increased by 166% amid hardship: Report
Glovo, a multi-category app, has recorded a 166 per cent year-on-year increase in jollof rice deliveries, with a jollof rice dish delivered every 1.5 minutes in the last 12 months…
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FUEL DROUGHT STRIKES NIGERIA: State Oil Firm Points To Torrential Rains, Electrical Rain Storm
Nigeria's state oil company has attributed the current fuel shortage and lengthy queues at petrol stations across the nation to inclement weather conditions.
The company's…
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FG to commence crude oil sales in naira to Dangote refinery, others in October
The federal government says it will begin crude oil sales in naira to Dangote refinery and others in October.
FG to commence crude oil sales in naira to Dangote refinery, others…
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