Archives for January 10, 2022
Capital importation falls by N1.68tn – CBN
Foreign investors appear to have boycotted the Nigerian market as capital importation has dropped by $ () in one-year, latest statistics have shown. Between January and September 2020, total…
Nigeria Must Return to Agriculture for Economic Sustainability, FG Insists
President Muhammadu Buhari has said Nigerians must return to agriculture in order to become a self-sustaining nation. Buhari who spoke recently on a national television, said agriculture could sustain the…
Fed Govt spent $1.68b on food imports in 9 months
The Federal Government spent $ billion on food importation between January and September in 2021. This was contained in a Central Bank of Nigeria (CBN) report on sectoral utilisation…
Telecoms Records 1.23m New Subscribers
NCC logo Nigerian Communications Commission (NCC) has disclosed that about million new telecommunications subscribers joined the networks between October and November 2021 in Nigeria. This represent the nation’s teledensity…
Military squandered $15b on arms deals, CDD claims
• Army kills three terrorists in Borno as govs applaud the use of Tucano jets • Minister decries killing of 200 in Zamfara Illustration: Nigerian army Centre for…
Ecobank reiterates commitment to pan African Trade, AfCFTA
Ecobank has reiterated that it remains the partner of choice in Africa for export trade because of its unique positioning, wide network, pan African payment switch, settlement capabilities,…
Nigeria’s external reserves dips by $21.8m in 6 days as CBN strives to meet forex
CBN Governor Godwin Emefiele Nigeria’s external reserves dropped to $ following the withdrawal of $ by the Central Bank of Nigeria (CBN) earlier in the ; Data obtained from…