Business

The Central Bank of Nigeria spent the sum of N58.618 billion to print 2.518 billion Naira notes, valued at 1. 063 trillion in, 2020. This was contained in the bank’s 2020 Currency Report posted on its website. It indicated a decrease in the bank’s expenditure on currency printing, which stood …

The amount of foreign exchange used for the payment of estacodes and Personal Travel Allowances to Ministries, Departments and Agencies as well as to fund Bureaux De Change operations was $3.95bn in 2019, according to the Central Bank of Nigeria. The CBN, in the 2020 annual report of its Currency …

OCP Africa, a global leading company in the production and exportation of phosphate-based fertilizers has deepened its partnership with Syngenta Foundation for Sustainable Agriculture (SFSA), to ensure Nigerians are food secure by enhancing Tomato production techniques and creating a viable and sustainable business model and linkages around the value chain. …

President Muhammadu Buhari has asked foreign investors for $1.5 trillion to bridge Nigeria’s infrastructure gap over the next ten years period. Mr Buhari gave the figure on Tuesday in Glasgow at a COP 26 high-level side event on improving global infrastructure hosted by President Joe Biden of the U.S., EU …

The 650,000 barrels per day (bpd) Dangote Petroleum Refinery, Nigerian National Petroleum Corporation (NNPC) as well as other modular refineries are expected to be the major drivers of Nigeria’s demand for petroleum products, which is projected to grow massively in the nearest future. The Group Managing Director of Nigerian National …

Femi Osibona, the developer of 360 Degrees Towers is seen here inspecting the multi-storey buildings in Lagos with his Italian architects and engineers a while back. Osibona, was reportedly on a visit to the site of the building when it collapsed on Gerard Road, Ikoyi today. He is presently trapped …

Igbo Man Opens Only Made In Aba Shoes And Clothes In United Kingdom (PICTURES) – The change we want and need can only start from me and you, he said. An Igbo man by name ‘’Sam Hart’’ who held from Abia state has just announced that he will be opening …

The Deposit Money Banks are recovering debts owed by chronic debtors from their accounts in other banks to curb the growth of non-performing loans in the industry, findings have revealed. Figures obtained from the Central Bank of Nigeria and the National Bureau of Statistics showed that the NPLs in the …

A socio-political activist, Reno Omokri has expressed pessimism that President Muhammadu Buhari’s call for foreign investors to invest in the newly launched digital currency, e-Naira may not yield fruit. Newsextra24 recalls that Nigeria became the first country in Africa to launch digital currency after President Buhari formally unveiled the e-Naira …

Big Brother Naija star, Maria Chike Benjamin has joined the Mapia Tea brand as their ambassador, Newsextra24 reports.