Border Closure: Manufacturer of Alomo Bitters Loses Millions The Ghanaian-based manufacturer of popular Alomo Bitters, Kasapreko Company Limited, has lost $2 million or N612 million in revenue...
FG Pushes Back Completion Date for Enugu Airport The Federal Government has said more time is needed to complete the recently approved renovation on the Akanu...
$8bn Splashed On Vehicle Importation Yearly – Malami Nigerians spend over $8 billion annually on car importation, the amount which would have been saved if there...
Era of Huge Bailout Gone, Osinbajo Tells Bank Vice President, Yemi Osinbajo, has said Deposit Money Banks (DMBs) must rethink their method of risk management as...
Palm Oil Importation Surges Despite FX Restriction Data from the Nigerian Ports Authority (NPA) has revealed that Nigeria imported more palm oil in recent months despite...
Nigeria Spends Over N750b on Pencil Importation The Minister of Science and Technology, Dr. Ogbonnaya Onu, on Monday, said the Federal Government spent over N750 billion...
President Buhari Leaves for Russia President Muhammadu Buhari will depart Nigeria for a three-day Russia-Africa Summit in Sochi, Russia on Monday (today). The summit will focus...
Nigeria Secures $3b Loan From World Bank Nigeria has finally secured a $3 billion loan from the World Bank to improve and expand its power transmission...
FG Earmarks Over $1.61b for 24-Hour Power Supply The Federal Government has earmarked over $1.6 billion for 24 hours power supply, Alhaji Usman Gur, the Managing...
Border Closure Hurting Benin, Niger – IMF The International Monetary Fund (IMF) has said the current border closure is hurting economies of both Benin Republic and...