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Economy
Osinbajo, Dangote, Ghana’s former President Mahama, grace Nasarawa Investment Summit
Political bigwigs attended the opening of the two-day Nasarawa Investment Summit in Lafia on Wednesday.
Those who graced the occasion included Vice-President Yemi Osinbajo, Ghana’s former President John Mahama, and former Emir of…
Multisectoral approach key to addressing women empowerment — minister
The Minister of State, Federal Ministry of Finance, Budget, and National Planning, Prince Clem Agba says a multisectoral approach by government is necessary to empower women economically.
Agba said this at the inauguration of a…
Direct selling model can address economic challenges among youths – Firm
Qnet Ltd., a global e-commerce based direct selling company, says understanding the potential of direct selling can help address economic and financial challenges, especially for the younger generations.
Mr Biram Fall, QNET…
NOA charges Nigerians to increase patronage of locally-made products
The National Orientation Agency (NOA) on Saturday in Abakaliki urged Nigerians to increase their patronage of Made-in-Nigeria goods and services to support national economic growth.
Its Director in Ebonyi, Dr Desmond Onwo, gave the…
Nigeria’s crude oil reserve increases to 37b barrels – NUPRC CCE
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the nation’s oil and condensate reserves status as at Jan. 1, 2022 is 37.046 billion barrels.
This represents a slight increase of 0.37 per cent compared to 36.910…
Naira depreciation: Economist say lack of patriotism responsible
An Economist, Dr Tope Fasua, said that some corrupt and unpatriotic officials are responsible for the continuous depreciation of the Naira.
Fasua, the Chief Executive Officer (CEO) of an Abuja based consultancy firm, said this…
Africa faces infrastructure financing gap of $108bn annually – Adesina
The African Development Bank (AfDB), says that Africa is currently facing an infrastructure financing gap of between 68 billion dollars to 108 billion dollars annually.
According to the Bank, this is spite of collective efforts…
Financial stability: CBN urges Nigerians to access economic interventions
The Central Bank of Nigeria (CBN) has urged Nigerians to embrace its intervention programmes to promote financial stability and economic development.
The CBN Director of Corporate Communications, Mr Osita Nwanisiobi, said this…
Economist tasks FG on crude oil restoration to boost foreign exchange
An economist, Mr Johnson Chukwu, believes Nigeria can attain foreign exchange rate stability by boosting crude oil production.
Chukwu, the Managing Director of Cowry Asset Management, disclosed this in an interview with the News…
Naira closes at 418.33/dollar at investors and exporters window
The Naira exchanged at 418.33 to the dollar at the Investors and Exporters window on Wednesday, representing a 0.32 per cent depreciation, compared to 417 naira to the dollar recorded on Tuesday.
The open indicative rate closed at 418.25…