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Solidaridad, an International civil society organization,that promotes oil palm production globally, within the Netherlands, in partnership with Propcom plus, a climate-smart agricultural programme powered by the United Kingdom (UKs) Foreign, Commonwealth and Development Office (FCDO) is supporting Enugu State Government in the development of a sustainable oil palm policy. The organization, which operates in over…
Enugu State Government has earmarked the sum of N10bn in the 2026 budget proposal as the state’s equity contribution to phase One of the 135.5km standard gauge rail it plans to build in the state. It has also earmarked another N10bn for vehicle manufacturing programme. This was made known during a press briefing by the…
Central Bank of Nigeria (CBN) has issued final operating licenses to 82 Bureaux De Change (BDCs) under its revised 2024 Regulatory and Supervisory Guidelines, ushering in a new era of transparency and resilience in Nigeria’s retail foreign exchange market. In a statement signed by Acting Director of Corporate Communications, Hakama Sidi-Ali, the apex bank said…
A United States aircraft marketing company has removed Nigeria’s presidential Boeing 737-700 Business Jet from its sales platform, raising fresh questions about the status of the aircraft earlier put up for disposal by the Federal Government. Checks on the firm’s website reportedly showed that the listing, which had been available for months, has now been…
Delta State Governor, Sheriff Oborevwori, has presented ₦1.664 trillion appropriation bill for the 2026 fiscal year, marking a 70% increase from the previous year’s appropriation. Presenting the proposal, Governor Oborevwori to the Delta State House of Assembly in Asaba on Wednesday , the Governor described the budget proposal as a “Budget of Accelerating the MORE Agenda He explained…
Central Bank of Nigeria (CBN) has confirmed that 16 banks have fully met its new capital requirements, while the Monetary Policy Committee (MPC) voted to retain the benchmark interest rate at 27 per cent. CBN Governor Olayemi Cardoso announced both outcomes , Tuesday, during a press briefing at the end of the committee’s 303rd meeting…
Central Bank of Nigeria (CBN) has taken digital currency policy sensitisation to University of Nigeria,Nsukka( UNN) ,assurring Nigerians of safety of their money in banks through operation of the e-naira . Assistant Director Payments System Management Department, CBN, Abuja,Chika Ugwueze, disclosed this in Nsukka on Wednesday when he paid a courtesy visit to the Vice…
Port Harcourt Refining Company Limited, PHRC, Tuesday, began the first truck-out of petroleum products in view of the re-streaming of the rehabilitated facility. The re-streaming and truck loading signaled the commencement of crude oil processing from the plant and delivery of petroleum products to the market. The old refinery is currently operating at 70 per…
Enugu state Government has held a workshop on domestication of Nigeria Startup Act (NSA) to create a conducive legal and operational environment for startups in Enugu State,. Speaking at the event Organised by the Enugu State Government through the Enugu SME Center in conjunction with the National Information Technology Development Agency( NITDA) through its Office…
Aba International Trade Fair on Friday, witnessed tremendous turnout as many traders arrives for goods exhibition at the 10 days faire taking place at the Aba Mega Mall. The 2024 Aba International Trade Fair is jointly sponsored by Abia State Government and Aba Chamber of Commerce, Industry, Mines and Agriculture (ACCIMA). The Trade Fair which…