Professor Mojisola Adeyeye, the Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC) has assured members of the Micro, Small and Medium Enterprises (MSMEs) of the agency support for them to continue playing their critical roles as a catalyst to Nigerian economic rejuvenation and growth. Adeyeye, […]
Business
Oando Plc and the Securities and Exchange Commission (SEC) have reached a settlement over the two-year-old dispute arising from the fines imposed on the oil giant. Both parties in separate statements said the decision was in the overriding interest of the shareholders of the company and the capital market and […]
Nigeria’s external reserves have dropped by $180m since the beginning of July 2021. The latest figures from the Central Bank of Nigeria (CBM) showed that the reserves, which stood at $33.28bn on July 1, dropped to $33.09bn as of July 12 before gaining slightly to rise to $33.1bn on July […]
The Organisation of Petroleum Exporting Countries (OPEC) and its allies known as OPEC+ have agreed to increase production by 400,000 barrels per day. The group’s decision at the 19th OPEC and non-OPEC ministerial meeting on Sunday, in effect, increases Nigeria’s crude oil production output to 1,829,000 barrels per day from […]
The International Monetary Fund (IMF) has advised the federal government to keep its borrowing from the Central Bank of Nigeria within legal limits. The IMF gave the caution in a statement issued to thenationonlineng at the end of its staff visit to Nigeria. The mission led by Ms. Jesmin Rahman […]
The Federal Government has given assurances to United Kingdom companies operating in Nigeria of its support in ensuring that they thrive amidst dwindling foreign exchange earnings. The UK Business Team in Abuja had solicited for more forex during an interactive session with Minister of Industry, Trade and Investment, Otunba Adeniyi […]
By Sunday Akintoye The Federal and Lagos State Governments have jointly inaugurated the Eko Micro, Small and Medium Enterprises, MSME, Fashion Hub-1 in Ikeja area of Lagos State. The Vice President, Professor Yemi Osinbajo who joined the ceremony virtually reiterated the President Muhammadu Buhari administration’s commitment to support the growth […]
Association of Bureaux De Change Operators of Nigeria say it frowns at the level of rapid depreciation of Nigeria currency, Naira in the market. It stated this in a memo sent to their members titled, “AII ABCON MEMBERS NATIONWIDE noting that this depreciation will serve as serious setback to the […]
Sunday Akintoye Traders in Aswani International Market at Isolo of Lagos have appealed to the Lagos State Governor, Mr. Babajide Sanwo-Olu to return the market day to its usual Tuesday. This clarion call was made by traders of the weekly market following the recent adjustment of trading hours for food […]
By Sunday Akintoye POS business is a money making business in Nigeria which has been going on without much awareness. No doubt the POS business is very lucrative and profitable. Aside this, it is a business that can provide jobs to thousands of people, especially for the Nigerian youths. Our […]
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