IMF blames fall in Nigeria’s remittance flows on forex crisis
The uncertainty in Nigeria’s foreign exchange market contributed to the decline in diaspora remittance flows into the country, the International Monetary Fund has said. The
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Salpha Energy, others sign agreement on power access
Salpha Energy has, in collaboration with the Rural Electrification Agency, signed a grant agreement with the Nigerian Electrification Project to improve access to power for
Nigeria’s economy to grow by 2.7% in 2022 — IMF
The International Monetary Fund (IMF) has predicted Nigeria’s economy to grow by 2.6 per cent this year and a 2.7 per cent growth in 2022.
Our members’ funds trapped in scrapped petroleum agencies – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has cried out, alleging that funds of its members are trapped in the recently-scrapped agencies in the
FG repositions economic policy to diversify economy – Minister
Minister of Industry, Trade and Investment, Otunba Richard Adebayo, says the Federal Government is repositioning its economic policy to diversify the economy. This, the Minister
CEO of new oil regulatory agency assures of no job losses
Chief Executive Officer, Nigerian Upstream Regulatory Commission (NURC), Mr Gbenga Komolafe, has assured staff of its defunct Department of Petroleum Resources (DPR) of no job
FG working hard to improve quality of electricity supply – Minister
Minister of Power, Mr Abubakar Aliyu, says the Federal Government is working very hard to improve quality and quantity of electricity supplied to Nigerians. A
Freight forwarders threaten strike over extortion by shipping companies
Freight forwarders have issued a threat to down tool from the nation’s seaports in the next two weeks due to alleged extortion and high handedness
#EndSARS: Lagos judicial panel’s report will be made public, Sanwo-Olu assures
Gov. Babajide Sanwo-Olu of Lagos state says the government will publicly disclose the restitution report of the EndSARS judicial panel of enquiry. Sanwo-Olu stated this
#EndSARS Anniversary: 34 suspects arrested, arraigned by police in Lagos
The Lagos state Police Command on Thursday said it had arrested 34 suspects following the #EndSars anniversary protest on Wednesday, Oct. 20. The protest, which
