Economy

The Minister of Finance, Budget and National Planning, Zainab Ahmed has announced that the Federal Government will reopen land borders soon.Mrs. Ahmed stated this during a chat with State House correspondents on Wednesday.According…

The Naira on Tuesday, gained marginally to the dollar at the investors window trading at N385.5 to a dollar, stronger than N386 traded on Monday.Market turnover at the window fell to 45.84 million dollars, from 66.89 million dollars…

The ongoing scarcity of laptops and personal computers (PCs) may worsen as industry experts are now projecting that the prevailing paucity may persist until the third quarter of 2021.Previous reports indicate that the situation is a…

As the Buhari administration continues to roll out schemes aimed at bringing relief to businesses and individuals across different sectors, a cross section of beneficiaries of the Payroll Support scheme are excited at the receipt of N30,…

The United Kingdom Trade Envoy to Nigeria, Helen Grant, on Saturday said that Nigeria was the fastest growing economy in Africa despite recession.Ms Grant said this at the two-day Nigerian Diaspora Investment Summit (NDIS) organised by…

Cashew, botanically known as ANACARDIUM OCCIDENTALE, was introduced to Nigeria by Portuguese explorers but quickly became popular in 1950s when it was commercially planted in the eastern regions of Oghe, Oji and Mbala and also in the…

The Nigerian National Petroleum Corporation (NNPC) has reiterated its resolve to grow the nation’s hydrocarbon reserves to 40billion barrels through reinvigorated exploratory activities in the inland frontier basins across the country.…

The Ministry of Finance has disclosed that N604.004 billion was shared among the 3 tiers of government as federation allocation for October, 2020.Highlights of the federation allocation are as follows:The N604.004 billion shared…

As the implementation of its Economic Sustainability Plan, ESP, continues, and in furtherance of its commitment to support small businesses to cushion the economic effects of the COVID-19 pandemic, the Buhari administration has commenced…

First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider has announced its variant account products – KidsFirst and MeFirst – created to encourage the right savings culture among children from 0 –…