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…
Read More NDIC MD calls for “Clarity in NDIC and CBN roles in proposed ammendment of BOFIA critical to effective regulation of Banks”Category: Business
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…
Read More Nigeria refines own gold, starts stockpiling in reserveGold 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…
Read More Gold mining will earn Nigeria $500m annually, create 250,000 jobs -BuhariDangote 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…
Read More Dangote Cement to produce 1,000 millionaires in Season 2 PromoOsinbajo: COVID-19 all but crashed Nigeria’s huge informal economy and reduced its revenues by over 40%
Ebun Francis| Vice President Yemi Osinbajo on Tuesday said the COVID-19 pandemic is possibly the worst economic crisis the world has seen, which all but crashed Nigeria’s huge informal economy…
Read More Osinbajo: COVID-19 all but crashed Nigeria’s huge informal economy and reduced its revenues by over 40%
