CBN To Ban Yearly Forex For Milk, Other Dairy Products

In a bid to boost local production of dairy products and encourage investment in cattle ranching, the Central Bank of Nigeria (CBN) is set to include milk and other dairy products among items on the foreign exchange restriction list.

All Refineries Must Work Before 2023 – New NNPC GMD

New Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) Mallam Mele Kolo Kyari on Monday said his administration would ensure that all the country’s refineries are fixed before 2023 when President Muhammadu Buhari would leave office.

Disclose Salaries Of Judicial Workers, Senate President Begs CJN

The President of the Senate, Ahmad Lawan has called on the Chief Justice of Nigeria (CJN), Tanko Ibrahim Mohammed to make public the salaries and allowances of judicial workers in Nigeria so that the anomaly can be collectively addressed by both arms of government.

New NNPC GMD Assumes Office As Baru Bows Out

The New Group Managing Director the Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kolo Kyari will today assume office following the retirement of the former GMD, Maikanti Baru.

Economy: Nigeria’s Inflation Nose-Diving – NBS

The National Bureau of Statistics (NBS) on Monday has disclosed that during the month of June 2019 the general Nigerians inflation rate has crashed down by 0.18 percent which indicates win-win for the general well being of Nigerians.

Kyari’s Appointment Well Deserved – IPMAN

The appointment of Mallam Mele Kolo Kyari as Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) was described as a well-deserved one by the Independent Petroleum Marketers Association of Nigeria (IPMAN).

2nd Niger Bridge Above 21 Percent Completion – Mr. Ajani

The Federal Controller of Works in Anambra, Mr. Adeyemo Ajani, on Saturday said the second Niger Bridge is now above 21 percent completion.

Nigeria's Foreign Investments Up By 34% - First Quarter, 2019

Report from the National Bureau of Statistics (NBS) has revealed that the value of total foreign investments into the country rose by 34.6 percent year-on-year to $8.5 billion in the first quarter of 2019 (Q1’19). It disclosed that the total value of capital importation into Nigeria stood at $8.485 billion in the first quarter of 2019, a representation of an increase of 216.03% compared to Q4 2018 and 34.61% increase compared to the first quarter of 2018.

Zamfara Withholds Local Government Allocation Despite NFIU Directive To Bank

The leadership of Association of Local Governments of Nigeria (ALGON), Zamfara state chapter has accused the State Government of withholding Local Governments' allocation remitted from the federation account in spite of the Presidential order that such funds be sent directly to the councils’ accounts.

SEC Advised Shareholders Of The Defunct Skye Bank PLC To Claim Their Dividends

Mary Uduk, the Acting Director General(DG) of Securities and Exchange Commission (SEC), called on shareholders of the defunct Sky bank now Polaris bank to claim their accrued dividends from their former investments.