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Business

Ways To Solve Nigeria’s Economic Crisis—CIBN

August 9, 2016
The Chartered Institute of Bankers of Nigeria (CIBN), Lagos State branch, has proffered solutions to the economic crisis in Nigeria. The body said for the country to get out of the woods, her economic managers must apply what it called “macroeconomic drivers.” The CIBN insists that if local production and export are encouraged by the government, the nation’s external reserves
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Eurobond: DMO Searches For Legal, Technical Advisers

August 9, 2016
The process of appointing two international banks as joint lead managers and a local bank as financial adviser for the planned Federal Government Medium Term Note (FGMTN) Programme (2016-2018) as well as the issuance of $1 billion out of the $4.50 billion FGMTN programme in 2016 has commenced. The agency handling this on behalf of Federal Government is the Debt
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Naira Hits N350 Per Dollar At Interbank Market

August 9, 2016
The Naira recorded an all-time low of 350 to the dollar during trading at the interbank market on Tuesday, August 9, 2016. Business Post correspondent gathered that this has further given some foreign investors another reason to stay away from the Nigerian economy at the moment. On Monday, it was reported that some foreign airlines have decided to shun their
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Agriculture Remains My Priority—Buhari

August 9, 2016
  President Muhammadu Buhari has said his administration will continue to accord agriculture superior importance through programmes and initiatives designed to motivate the citizens to produce enough food to feed the nation. The President made this known when he received the outgoing Ambassador of the Socialist Republic of Vietnam, Mr Hoang Ngoc Ho, at the State House on Tuesday. He
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Buhari Urges Friesland Campina To Educate Cattle Farmers

August 9, 2016
An appeal has gone to the Global Chief Executive Officer of Friesland Campina, The Netherlands, Mr Roelf Joosten, to educate cattle farmers in Nigeria on the need to know that “quality matters more than quantity.” President Muhammadu Buhari, who received Mr Joosten on Tuesday at the State House, decried the culture of waste foisted on the country due to lack
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Politics

Right Sports Betting Site

Nigerian Youth and Sports Betting

April 26, 2024
By Jerome-Mario Utomi Talking about young people, human development experts have described the stage as a moment of the storm, a stage in developmental growth where young adults want to explore and express themselves, as well as want to know more about the world. This uncensored urge naturally comes with an inherent challenge which adversely affects the youth’s education and
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Travel

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NIRSAL

FG Mulls BOA, NIRSAL Merger, Fresh Capital Injection

By Adedapo Adesanya The federal government through the National Council on Privatisation (NCP) is mulling merging the Bank of Agriculture (BOA) with the Central Bank of Nigeria’s NIRSAL Microfinance Limited for efficiency. This followed key recommendations from its committee and a fresh
April 25, 2024
akinwumi adesina AfDB President

Resource-Backed Loans Killing African Economy—Adesina

By Adedapo Adesanya The President of the African Development Bank (AfDB), Mr Akinwumi Adesina, has kicked against resource-backed loans that complicate debt resolution and compromise African countries’ future growth. Speaking at the just-concluded International Monetary Fund and World Bank2024 Spring Meetings, he
April 24, 2024
924 dormant mineral licences

FG Revokes Additional 924 Dormant Mineral Licences

By Adedapo Adesanya The federal government has revoked an additional 924 dormant mineral licences with immediate effect. The revoked mineral licences, which include 528 exploration licences, 20 mining leases, 101 quarry licences, and 273 small-scale mining licenses, were disclosed to journalists by
April 24, 2024
DANA Airlines

Minister Orders NCAA to Suspend Dana Air Operations

By Modupe Gbadeyanka Flight operations of Dana Air have been suspended on the directive of the Minister of Aviation and Aerospace Development, Mr Festus Keyamo, to the Nigerian Civil Aviation Authority (NCAA). This comes after an aircraft of the company conveying passengers
April 24, 2024
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