I have taken note of the decision by the Georgian Dream as regards the 19 April Agreement. This agreement continues to offer a European way towards building a stronger democracy and rule of law in Georgia in the interest of the Georgian people. I have equally taken note of the continued non-signature by United National Movement of the agreement.
In Two Months, NNPC Spent N219.4bn On JV Oil Assets, Projects The Nigerian National Petroleum Corporation spent a total of N219.4bn on oil and gas assets being developed through joint ventures with private firms as well as government priority projects in the first two months of this year. The NNPC spent N108.93bn […]
CBN Disburses N756.5bn Loan To 3.7m Farmers The Central Bank of Nigeria has disclosed that it has disbursed a total of N756.51bn to over 3.7 million farmers under the Anchor Borrower’s Programme since the inception of the initiative in 2015. The apex bank revealed this in its communiqué no. 137 of the […]
Senate Names Jonathan, Sambo, Others In N665.8bn Diversion, Demands Refund The Senate has demanded a refund of funds totalling N665.8bn which were allegedly diverted by the Office of Accountant General of the Federation from the Solid Mineral Development Fund and Stabilisation Fund to ministries, departments and agencies of the Federal Government. The […]
Investors Lose N5.80bn As 24 Firms Suffer Price Decline Investors in the Nigerian Exchange Limited lost N5.80bn as 24 firms saw their share prices decline at the close of trading on Wednesday. The NGX All-Share Index declined by 2.87 per cent from 38,802.15 basis points to close at 38,791.03bps. The total trading […]
Nigeria’s Capital Importation Declines To $875.62m In Q2, 2021 The total value of capital importation into Nigeria declined to $875.62m in the second quarter of 2021 from $1.91bn in the first quarter of 2021. The National Bureau of Statistics disclosed this in its report titled, ‘Nigerian capital importation (Q1 & Q2 2021)’ released […]
N30bn Maize Lost To Insecurity In 2020 To mitigate attacks while cultivating crops on their farmlands, farmers have resolved to work in groups of 100, 200 or 300 persons, it was learnt on Tuesday. It was also gathered that operators in the maize value chain lost about 10 million metric tonnes of […]
Poor Oil Investments’ll Have Adverse Impact On Nigeria, OPEC Warns Investing poorly in the oil and gas industry will have a heavy adverse impact on Nigeria and other oil-producing developing nations, the Organisation of Petroleum Exporting Countries warned on Wednesday. OPEC observed that investment in the sector in 2020 dropped by more […]
Naira Further Slumps To 523/$ At Parallel Market The naira slumped further to 523/$ at the parallel market on Wednesday, a day after the Central Bank of Nigeria stopped the allocation of foreign exchange to Bureau de Change operators in the country. The naira, which exchanged to the dollar at 503 on […]
Minister Clamours For Urgent Youth Intervention The Minister of State for Science, Technology and Innovation (FMSTI) Mohammed Abdullahi has called on Government and the Organised Private Sector (OPS) to initiate urgent interventions in order to engage Nigerian youths make their lives more meaningful. The Minister said this when he gave a goodwill […]
