Sierra Leone’s Minister of Tourism and Cultural Affairs, Dr. Memunatu Pratt, officially opened the 18th AKWAABA Africa Travel and Tourism Market on Sunday in Lagos. Pratt urged West Africans to take advantage of the great tourist potential in the region to strengthen their nations’ economies during the opening ceremony of the tourism expo at Wave Read More…
Business
President Buhari backs CBN’s redesign of naira notes
According to President Muhammadu Buhari, the CBN has his backing as it introduces new designs and replaces high-value notes. Malam Garba Shehu, the president’s media aide, claimed in Abuja on Sunday that Buhari made his opinion clear while participating in a Hausa radio programme that will be broadcast on Wednesday. Dr. Zainab Ahmed, the minister Read More…
SAPZs: Solution whose time has come
Don’t give up on the rural areas as Nigeria’s food basket yet. Help is on the way. That is the message of the recent launch of the Special Agro-Processing Zone initiative led by the African Development Bank, AfDB. For too long, we have come to accept the notion of rural areas being centres of poverty Read More…
Redesign of Naira to boost value – Emefiele
The CBN Governor, Mr. Godwin Emefiele, said that the planned redesign of the Naira might make the currency worth more. Emefiele revealed this while announcing that the apex bank intended to start issuing the newly designed N200, N500, and N1,000 denominations on December 15. Even though he said it wasn’t the main reason why the Read More…
First Bank will fund energy infrastructure projects
First Bank of Nigeria (PLC), according to Mrs. Oluwatoyin Aina, Head of Energy, Downstream, and International Oil Trading, has supported a number of energy-related projects and will continue to do so. On Wednesday, Aina made this statement during the Oil Trading and Logistics (OTL), Africa Downstream Week that was taking place in Lagos. She said Read More…
Agri-business: FG restates commitment to achieving food security
The Federal Government reiterated its dedication to ensuring food and nutritional security and providing work opportunities for the jobless on Tuesday. This was stated by Mr. Abudullahi Abubakar, Director of the Federal Department of Agriculture, Ministry of Agriculture, at a two-day workshop on packaging and processing for women and youth in Abuja. Abubakar was represented Read More…
Operators in the downstream sector criticise politicians’ role as corporate watchdogs
Oil and gas downstream enterprises have expressed worry about the role of lawmakers in policing private corporations. They bemoaned the time wasted attending to the MPs’ summonses and criticised the oversight role played by politicians over private enterprises that were being monitored and regulated by government authorities. The operators voiced their objections on Tuesday in Read More…
Flooding: Environmentalists blame Nigerians’ attitude, say government ignored NiMet warnings
Environmentalists have accused certain Nigerians of having a bad attitude and building on water channels and drains, which hastens floods in neighborhoods, cities, and towns. The experts in a survey by the News Agency of Nigeria (NAN) in the South South area also attributed the problem to the ineffective waste management of the government. They Read More…
Marketers warn Nigerians against panic buying cooking gas
Due to the force majeure declared by Nigeria Liquefied Natural Gas Ltd (NLNG), the Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has warned Nigerians against buying Liquefied Petroleum Gas (LPG), also known as cooking gas, in a panic. In response to NLNG declaring force majeure on its gas facilities due to flooding on Monday, Read More…
Average petrol price in September was N191.65 per litre – NBS.
Consumers spent on average N191.65 for a litre of fuel in September, according to data from the National Bureau of Statistics (NBS) made public on Saturday. According to its “Premium Motor Spirit (Petrol) Price Watch” for September 2022, the average price was N164.85, up 16.26% from September 2021. “When compared to the previous month of Read More…










