Nigeria to set up N1trn company to build infrastructure
President Muhammadu Buhari has approved the establishment of a Public Private Partnership styled Infrastructure company named Infra-Co with an initial
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Economy
Heineken to cut 8,000 jobs
Heineken NV plans to cut about 8,000 jobs, the Dutch Beer Group said on Wednesday. The company is seeking to
Read MoreVaccines, debt relief key to Africa’s recovery from COVID-19 – Adesina
The President of the African Development Bank, Akinwumi Adesina, has called for fair access to COVID-19 vaccines for Africans and
Read MoreMoghalu urges CBN not to ban crytocurrency
A former deputy governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has urged the apex bank to look
Read MoreNigeria’s foreign reserves gains $1.3bn on crude sales
The Central Bank of Nigeria (CBN) says Nigeria’s Foreign Exchange Reserves rose from $34.94 billion in November 2020 to $36.23 billion
Read MoreKwara Assembly passes 2021 budget with additional N14bn
The Kwara State House of Assembly has passed the N137.6 billion 2021 Appropriation Bill into law. Governor AbdulRahman AbdulRazaq had presented
Read MoreNPA: Buhari reappoints Hadiza Bala Usman as MD, reconstitutes board
President Muhammadu Buhari has approved the re-appointment of Hadiza Bala Usman as Managing Director of Nigerian Ports Authority (NPA), for
Read MoreSenate passes 2021 budget; increases spending by N505bn
The Senate has passed Nigeria’s budget for the 2021 fiscal year. The budget was increased from N13.08 trillion presented by
Read MoreNBS says Abia, Kebbi, Kwara residents pay highest for petrol in November
Agency Report The National Bureau of Statistics (NBS) says Abia, Kebbi and Kwara residents paid the highest amount for petrol (Premium Motor
Read MoreUAE may withdraw from OPEC+ over tensions with Saudi Arabia, Russia – Reports
With tensions running high between the United Arab Emirates and its petroleum allies, Saudi Arabia and Russia, Abu Dhabi considers
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