Most Nigerian businessmen not aware of Naira-Yuan currency swap deal – Falana
The Central Bank of Nigeria (CBN) is planning to renew the currency swap arrangement with the Chinese government next year, according to a senior lawyer, Femi Falana.
Falana disclosed this on a Television program on Friday, saying!-->!-->!-->!-->!-->…
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Igwe Orizu U-20 Football Competition Kicks-off in Nnewi
...Nigeria Pillar of Sports Stakes ₦1m for grabs
By Saidu Abubakar
The much touted Igwe Orizu Diamond Football U-20 Competition, powered by the Nigeria Pillar of Sports, Chief Donatus Agu-Ejidike JP kicks-off in Nnewi Anambra!-->!-->!-->!-->!-->!-->!-->…
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How Nigeria can stimulate forex earnings, save its currency – Dr. Enang
By Yange Ikyaa
An Adjutant Professor of North Dakota University, USA, Engr. Dr. Wisdom Patrick Enang, has recommended multiple ways to stimulate forex in order to save the falling Naira.
Dr. Enang offered the recommendation over!-->!-->!-->!-->!-->!-->!-->…
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Exchange rate crisis will keep Nigerian fuel costs high -Analyst
*The government's deregulation program has more than doubled the cost of petrol
Petrol prices will continue to rise in Nigeria as long as the government presses ahead with its agenda of deregulation, economic analyst and businessman!-->!-->!-->!-->!-->…
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FG’s Assurance on Petrol Price Suggests Reintroduction of Subsidy – Marketers
Oil marketers have said that the federal government’s assurance that the pump price of petrol will not rise beyond N617 per litre implies the funding of subsidy payments.
On Tuesday, the presidency was said to be considering a!-->!-->!-->!-->!-->…
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Fuel subsidy: Why refineries are not working – Neliaku
A former Senior Special Assistant to the President (Office of the First Lady), Ike Neliaku, has said that refineries across the country are not working because some persons deliberately frustrated it for selfish gains.
Ike, in a!-->!-->!-->!-->!-->…
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IPMAN Criticises NNPCL Over $3B Loan To Stabilise Naira
NNPCL was supposed to focus on energy security while the CBN focuses on financial security
The Independent Petroleum Marketers Association criticized NNPC for obtaining a $3B loan for Naira stabilization, alleging misuse of power
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Subsidy Removal: Tinubu Backs Initiative For CNG Vehicle Conversion
President Bola Tinubu has given his approval for the establishment of the Presidential Compressed Natural Gas Initiative (PCNGI) to mitigate the impact of fuel subsidy removal on Nigerians by reducing energy expenses.
This!-->!-->!-->!-->!-->…
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Local Content: NCDMB’s Guideposts For Sustainable Practice In Africa
By Saidu Abubakar
On the heels of remarkable discovery and exploration of oil and gas resources across several countries in Africa, the Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday proffered strategies that!-->!-->!-->!-->!-->…
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The World Needs Nigeria for Green Energy Transition- Ayanleke
Adaobi Rhema Oguejiofor
President of the Miners Association of Nigeria (MAN), Mr. Dele Ayanleke, has said that the nation, which has huge mineral resource deposits, is essential for the global transition from fossil fuels to green!-->!-->!-->!-->!-->…
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