Weil Corona den Tourismus einbrechen ließ, herrscht nun Stille im beliebten Maasai-Mara-Nationalpark. Ein Segen ist das jedoch nur für die Jagdtiere. mehr...
FG Moves To Reduce Oil Production Cost To $10 The Federal Government is working towards attaining a $10 per barrel production cost sealing in the oil and gas sector, the Minister of State for Petroleum Resources, Chief Timipre Sylva, has said. Sylva, who stated this yesterday at the Seplat Energy Summit 2020 to […]
Banks Implement Fresh CBN Guidelines On Debt Recovery Deposit Money Banks on August 1 commenced the implementation of the Central Bank of Nigeria’s Global Standing Instruction which allows them to recover outstanding debts of debtors from other banks. Experts who spoke to our correspondent said the implementation would help to differentiate real wealthy businessmen […]
Marketers Stockpile Petrol, August Price May Hit N150/litre Filling station owners are currently in panic buying mood, as many of them are stockpiling products ahead of the announcement of a new pump price for petrol in August, investigation has shown. It was also gathered that the price of the commodity might increase to about […]
PFAs Invested N7.2trn In Government Securities The Pension Funds Administrators invested N7.2tn of the total assets under the Contributory Pension Scheme in the Federal Government’s securities as of the end of May. The National Pension Commission disclosed this in its report titled ‘Summary of pension fund assets as at 31 May, 2020’, which […]
Credit To Economy Rises By 6.3% To N38trn Credit to the economy rose by 6.3 percent to N38 trillion in the first half of the year (H1’2020) driven by 9.85 percent upsurge in credit to the federal government. This reflects the impact of the various intervention funds introduced by the Central Bank of […]
Proteste im Osten der Demokratischen Republik Kongo: Ein betrunkener Soldat aus einer Elitebrigade hat in einer Kleinstadt ein Massaker angerichtet. mehr...
In July, Low Prices Boost Stock Market By N113bn The stock market recorded a positive performance in July as investors gained N113 billion, compared with a decline of N399 billion in June. The market capitalisation, which measures the value of all equities, rose from N12.766 trillion to N12.882 trillion, indicating a growth of […]
IMF-induced Policies Will Repress Nigeria’s Currency, Labour Warns Submitting to the International Monetary Fund, IMF-induced policies would further distort and repress Nigeria’s currency, organised labour has warned. They argued that embracing the policies would lead the nation to a situation where a U.S. Dollar would exchange for more than N600. Labour, under the […]
Afrika rückt angesichts gestörter globaler Lieferketten weiter in den Fokus von europäischen Importeuren. Unterstützung beim Aufbau von Lieferbeziehungen zwischen Europa und Entwicklungs- und Schwellenländern bietet das in Bonn ansässige Import Promotion Desk (IPD). Dr. Julia Hoffmann, Leiterin des IPD, erklärt … Weiterlesen →