PDP aspirants mull consensus as Anambra poll panel ends screening

The Idris Wada-led Peoples Democratic Party’s committee on Tuesday concluded the screening of the 16 aspirants who obtained forms to contest the November 6 governorship election in Anambra State on…

Manufacturing sector intervention fund now N803bn –CBN

Manufacturing sector’s intervention funds disbursed by the Central Bank rose to N803bn as of February. Figures obtained from the CBN reports on the Monetary Policy Committee revealed this on Tuesday.…

‘Cement manufacturers closing 40% supply gap’

The Dangote Group on Monday acknowledged that about 40 per cent supply gap exits in the country’s cement market. Group Executive Director, Strategy, Portfolio Development and Capital Projects, Devakumar Edwin,…

Nigeria making progress on COVID-19 vaccine, rapid testing kits – Osinbajo

VICE-President Yemi Osinbajo on Monday disclosed that the Redeemer’s University, Ede, Osun State, is already working on the local production of COVID-19 vaccine. According to a statement by his Senior…

Households, businesses can apply for N50bn COVID-19 loans – CBN

The Central Bank of Nigeria has said that households and businesses affected by the COVID-19 can now apply for loans under its N50bn Targeted Credit Facility. It said the stimulus…

Nigerians still in darkness amidst 203tcf reserved

Notwithstanding the peak-wheeling performance recorded by the Transmission Company of Nigeria (TCN) a month ago and huge gas reserves of 203 trillion cubic feet (tcf), constraints, including limited gas supply,…

Rising debt: DMO blames COVID-19, experts say borrowing from CBN dangerous

Nigeria’s debt profile has been on the increase because of the impact of revenue crash and the crises trailing the coronavirus pandemic on the economy, the Debt Management Office has…

Petrol, used vehicles, motorcycles, antibiotics, Nigeria’s major imports – NBS

Nigeria’s major export and import market in the fourth quarter of 2020 were India, Spain, the Netherlands, United States and China, the National Bureau of Statistics has said. It disclosed…

FG printed N60bn to share in March, says Obaseki

Edo State Governor, Godwin Obaseki, has said Nigeria is in “huge financial trouble” with the way the economy is run. Obaseki lamented that Nigeria was the only country in the…

MTN partners fintechs as talks with banks lingers

 MTN has activated a number of new channel partnerships with fintech companies as the company continues meeting with the commercial banks on a new pricing structure agreement. MTN’s initial meeting…