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Fertiliser imports rise by 84% to N117Bn
Despite various measures to encourage local production, a total of about N117 billion (or $ million) was expended on fertiliser importation in the past year. Fertiliser imports increased by $…
Petrol imports rises by 100 million litres in 2021 January – NNPC
Latest figures in the financial and operations report of the Nigerian National Petroleum Corporation have shown that the imports of Premium Motor Spirit (or petrol) by the NNPC rose by…
$1.24bn spent on food imports despite FG’s forex ban
Food products imports gobbled up $ of the foreign exchange supplied by the Central Bank of Nigeria from October 2020 to March 2021 despite the ban directive from the President,…
Ekiti targets one million tonnes in two years
By Ngozi Onyeakusi - --- The Ekiti State Government on Sunday said it intends to produce of over one million metrics tonnes of rice within the next couple of years.…
Salary cut: Labour dares FG
The Federal Government’s recent plan to slash workers’ salary as part of efforts to reduce cost of governance may not go without opposition from organised labour. Already, the Nigeria Labour…
Adeboye’s sons shave their hairs for deceased brother Dare
Leke and Adeolu, the male children of General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adeboye, have shaved their hair, and beard, in honour of their…
NIMASA Partners Army On Training Defence Reportage
Badhir-Jamoh DG NIMASA The Nigerian Maritime Administration and Safety Agency (NIMASA) is partnering the Nigerian Army on the training and retraining of journalists and other public communication practitioners in the…
Obi decries plot to link him with IPOB, South East killings
Obi A grand plot is currently being hatched to link Peter Obi, former Governor of Anambra State and Vice Presidential candidate of the Peoples Democratic Party (PDP) to the current…
PenOp Partnership With AVCA To Empower Local Investors
Pension Fund Operators Association of Nigeria (PenOp) has partnered the African Private Equity and Venture Capital Association (AVCA) to empower local investors and develop private equity (PE) as an asset…
N226bn real estate bad loans, source of worry to experts
Some experts have lamented the increasing non-performing loans in the real estate and construction industry. The Nigerian Bureau of Statistics in its latest report on selected banking sectors disclosed that…
