Nigeria’s inflation rate rose to 12.56 per cent in June, as prices of basic food items surged, the NBS said on Friday. According to the latest report on the consumer…
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Category: Business
NDIC MD calls for “Clarity in NDIC and CBN roles in proposed ammendment of BOFIA critical to effective regulation of Banks”
By our reporter| The NDIC Managing Director/CE, Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim on Thursday said there is a need to closely examine enacting laws with a view to…
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Nigeria refines own gold, starts stockpiling in reserve
By our reporter| Nigeria has for the first time refined its own gold and purchased the refined product into a new gold reserve. The Central Bank of Nigeria (CBN) on…
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Gold mining will earn Nigeria $500m annually, create 250,000 jobs -Buhari
Yusuf Bello| Gold mining will earn the country over $500 million annually and create 250,000 jobs, President Muhammadu Buhari said on Thursday. Presidential spokesman, Femi Adesina, in a statement, Buhari…
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Dangote Cement to produce 1,000 millionaires in Season 2 Promo
Dangote Cement Plc. on Wednesday launched the Dangote Cement Bag of Goodies Season 2, targeted at making 1,000 Nigerians millionaires to cushion the economic hardship caused by COVID-19. At the…
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