FG to establish port for solid mineral shipment
The Federal Government has commenced moves to rehabilitate the old Burutu port in Delta State and dedicate it to shipment of solid mineral. The Managing Director, Nigeria Export and Import…
AECF provides £16m for solar power in Nigeria, others
The Africa Enterprise Challenge Fund has inaugurated the second round of its household solar competition worth £16m to promote access to solar home systems to rural dwellers in Nigeria and…
FG pledges to complete satellite assembly plant
The Federal Government has pledged to complete the construction of satellite Assembly, Integration and Testing (AIT) centre at the National Space Research and Development Agency. Minister of Science and Technology,…
Microsoft tops trillion-dollar mark for first time
Microsoft has hit the trillion-dollar value mark, becoming the third technology giant to reach the symbolic milestone. Shares in Microsoft rallied some five per cent to $130.59 in early Wall…
AfDB’s commitments in Nigeria now $4.5bn
At the end of March 2019, the African Development Bank’s active portfolio in Nigeria rose to 60 operations with total commitments of $4.5bn. The bank said these comprised 28 public…
Mutilated Naira notes: CBN introduces clean note policy
A mutilated banknote refers to a poor quality banknote that requires a special examination to determine its value. The note could be partially or permanently damaged by fire, water, dye,…
Nigeria: Bill On Modernisation of Agriculture Will Transform Nigeria – Senate
The Senate has declared that when passed into law, the Bill on Agriculture, Industry and Modernisation currently before the Senate would transform Nigeria. According to the Senate, the bill when…
AfDB approves $4.8m for AfCFTA, Nigeria assesses impact
The board of the African Development Bank has approved an institutional support grant of $4.8m to the African Union, to accelerate the momentum of the African Continental Free Trade Area…
Nigeria: Free Trade Agreement Implementation May Drag Till June 2020
Despite the ratification of the African Continental Free Trade Area (AfCFTA) Agreement by 22 countries, the delay by four countries in depositing their instruments, as well as other trade issues…