Wednesday, July 6, 2022
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    ABUJA- The European Union (EU) and its development finance institutions will provide Nigeria with 1.29 billion euros ($1.3 billion) to help Africa’s most populous country diversify its economy away from oil, a document from the bloc showed on Monday. Nigeria has been trying to broaden its economy and exports outside the oil sector, which accounts for about 7% of Nigeria’s...

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    STATE OF THE NATION

    HEALTH

    COMMODITIES

    Nigeria begins trials for new Tela maize variety

    By Olayinka Olawale Lagos, June 22, 2022 The National Biotechnology Development Agency (NBDA) says a trial phase for the new TELA Maize is ongoing...

    Gold prices inch lower as firm dollar dents appeal

    Spot gold was down 0.2% at $1,836.67 per ounce, as of 0203 GMT. U.S. gold futures were flat at $1,840.00. Gold extended losses on Monday as...

    Nigeria’s Cocoa production to hit 500,000 tonnes by 2024

    By Doris Esa Abuja, June 16,2022 The Minister of Agriculture and Rural Development, Dr Mohammad Abubakar, has reiterated the commitment of the Federal Government to...

    650 000 hectares of agricultural land lay waste in Northern states as Nigeria spends $2 billion on wheat imports in 24 months

    With a 650 000 hectares of available agricultural land lay waste in Northern states, Nigeria imported an average of $2 billion worth of wheat...

    AfDB targets wheat importation cut in Nigeria by 40% by 2023

    By Ginika Okoye Accra (Ghana), May 27, 2022 The African Development Bank (AfDB) says the heat-tolerant wheat production, being supported by the Bank in Nigeria,...
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    MARKETS & INVESTING

    Everything you need to know about the re-reboot of your favourite childhood flick.

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    ARTS & CULTURE

    COMPANIES & FINANCE
    Latest

    CBN urges OFIs to strengthen cybersecurity to remain safe

    CBN Governor The Central Bank of Nigeria (CBN), has released a new framework to check cybersecurity in Other Finical Institutions (OFIs). This is contained in a...

    FirstBank launches single-digit loan for women-owned business, reinforces its role in strengthening gender inclusion in Nigeria

    The FirstGem fund (FirstGem loan) is a single-digit loan scheme, exclusively designed to put women at an advantage in contributing to the socio-economic development...

    Fitch Affirms Ecobank Nigeria at ‘B-‘; Outlook Stable

    Fitch Ratings - London - 22 Jun 2022: Fitch Ratings has affirmed Ecobank Nigeria Limited's (ENG) Long-Term Issuer Default Rating (IDR) at 'B-' with...

    LAW & JUSTICE

    INVESTIGATIONS

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    NaijaBrand Press

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    Sahara Power promotes environmental sustainability with gree’n’lectric

    The launch of gree’n’lectric, a wholly digital publication dedicated...

    Safe driving: FRSC commissions Dangote truck driving school

    …Dangote also trains block makers in Kano, Katsina to...

    Sahara Group’s Trainee Program promotes downstream expertise in Ghana

    Leading energy and infrastructure conglomerate, Sahara Group, has commenced...

    The Nigerian Economy

    CBN advises banks, financial institutions on open banking

    The Central Bank of Nigeria (CBN) has advised banks and other financial institutions to embrace opportunities represented in open banking to...

    Ondo Govt. distributes 2m Cocoa seedlings to farmers

    From L-ROndo State Deputy Governor,Lucky Aiyedatiwa and Commissioner for Agriculture,Mr Olayato Aribo at the flag-off ceremony of 2022 Ondo State Agricultural...

    Calabar Port complex receives 72 vessels in 5 months

    By Chiazo Ogbolu Calabar, July 2, 2022 The Calabar Port...

    We’ve N10bn outstanding accrued rights to pay 10,000 retirees – LASG

    By Rukayat Adeyemi Lagos, July 2,2022 No fewer than 10,000...

    Nigerian government issues guideline to retain oil sector spending

    The Federal Government has developed and issued an insurance...

    State of The Nigerian Consumer

    N165 pump price: NMDPRA monitors petrol depots, stations

    By Solomon Asowata Lagos, June 27, 2022 The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Monday said it had deployed...

    Food prices continue to increase – NBS

    By Okeoghene Akubuike Abuja, June 22, 2022 The National Bureau of Statistics (NBS), says prices of selected food items increased in...

    Nigeria’s inflation rate increases to 17.71% in May 2022- NBS

    By Okeoghene Akubike Abuja, June 15, 2022 The National Bureau...

    Average price for 5kg cooking gas increases to N3,800.47- NBS

    By Okeoghene Akubuike Abuja, May 19, 2022 The National Bureau...

    Consumer Headline Inflation Rate Rise to 16.82% in April 2022 on Core Inflation..

    The freshly released April Inflation report from the National...

    Inflation Rate Rise to 15.92% in March 2022 on Core Inflation….

    Freshly released March Inflation report from the National...

    Energy Source

    Shell pauses sale of Nigerian onshore oil assets

    LONDON, June 30 - Shell (SHEL.L) said on Thursday it had suspended plans to sell its onshore oil assets in Nigeria,...

    Nigeria to issue marginal oilfield licences next week, regulator says

    ABUJA, June 25 - Nigeria will issue prospecting licences on Tuesday to companies that won rights to develop marginal oilfields,...

    OPEC tasks Nigerian government on technologies

    Dr Mohammad Barkindo, OPEC Secretary-General at the official opening...

    Rising prices of petroleum products affecting businesses – Adebayo

    Niyi Adebayo Mr Niyi Adebayo, Minister of Industry,Trade and Investment,...

    NNPC Weekly: How fuel queues in Abuja are being tackled

    NMDPRA and NNPC officials during inspection of filling stations...

    Environment & Climate

    Institute blames farmers, herders conflict on climate change

    The Commandant, National Institute for Security Studies, Alhaji Ayodele Adeleke, has blamed the increasing cases of farmers/herders clashes in the country...

    Nigeria’s homeless citizens surge as homes vanish into sea from climate change

    LAGOS, June 28 - When an ocean surge washed away Mureni Sanni Alakija's house in 2011, he took a loan to...

    Rainstorm destroys 73 houses in Katsina State

    By Abbas Bamalli Katsina, June 20, 2022 Rainstorm has destroyed...

    Air pollution takes 2 years off your life, more than smoking or alcohol

    Air pollution, which is primarily the result of burning...

    Joy in Calabar as state government resumes waste evacuation

    Residents of Calabar metropolis on Monday expressed happiness as...

    Politics & Governance

    Ekiti Election: INEC Calls For Speedy Prosecution Of Arrested ‘Vote-Buyers’

    The Independent National Electoral Commission (INEC) on Saturday called for the quick prosecution of all those arrested for vote-buying during the...

    Why Peter Obi’s Labour Party Cannot Win 2023 Presidential Election, Kwankwaso Boasts

    Former Kano State Governor, Rabiu Kwankwaso, has ruled out the possibility of the Labour Party winning the presidential election in 2023. Kwankwaso,...

    Atiku, PDP Governors, Others To Visit Wike In Reconciliatory Move

    The Board of Trustees (BOT) of the Peoples Democratic...

    2023: Otedola Prays For Tinubu To Be Nigeria’s President

    Popular businessman, Femi Otedola, has visited the presidential candidate...

    Agboola emerges as factional chair of Ekiti PDP

    A faction of the Peoples Democratic Party (PDP) in...

    Alleged Fraud: Judge’s absence stalls Fayose’s trial

    By Sandra Umeh Lagos, July 4, 2022 The money...