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Lagos Govt Reveals Imota Rice Mill Completion Date

Lagos Govt Reveals Imota Rice Mill Completion Date

The 32,000-metric-tonnes Imota Rice Mill would be completed in June, 2020, according to the Lagos State Commissioner for Agriculture, Gbolahan Lawal.

CBN Reacts To N50 Charges On POS Transactions, Tells Customers What To Do

CBN Reacts To N50 Charges On POS Transactions, Tells Customers What To Do

The Central Bank of Nigeria (CBN) on Monday said that merchants misinterpreted its directive on N50 stamp duty, saying that "no single individual should pay N50 in addition to the cost of the goods."

Governor Sanwo-Olu Sends Message To Investors In Lagos

Governor Sanwo-Olu Sends Message To Investors In Lagos

Lagos State Governor Babajide Sanwo-Olu has called on investors to tap the potential in the aquaculture value chain to bridge the demand and supply gap of the state.

CBN Reduces ATM Withdrawal Fee From N65 To N35

CBN Reduces ATM Withdrawal Fee From N65 To N35

Nigeria's apex bank has reduced the withdrawal fee charged for the use of other banks’ Automated Teller Machines (ATM) from N65 to N35.

Why FG Must Ban Imported Dresses – Fashion Designer

Why FG Must Ban Imported Dresses – Fashion Designer

The Federal Government must ban the importation of foreign dresses for the Nigerian fashion industry to strive, according to a fashion designer Alex Olusanya. 

Buhari Commends Plans To Set Up Hyundai Car Plant In Nigeria

Buhari Commends Plans To Set Up Hyundai Car Plant In Nigeria

President Muhammadu Buhari has commended plans by Hyundai Engineering Company Limited to set up a car plant, and also rehabilitate petroleum refineries in the country.

Nigeria’s Inflation Rises To 11.85% In November 2019: What Are The Implications?

Nigeria’s Inflation Rises To 11.85% In November 2019: What Are The Implications?

Nigeria's inflation increased by 11.85 percent in November, 2019, gaining 0.24 percent points higher than the 11.61 percent recorded in October 2019, according to latest data from the National Bureau of Statistic (NBS).

Nigerian Stock Exchange: How Companies Traded Monday

Nigerian Stock Exchange: How Companies Traded Monday

Crucial market indices tied to the Nigerian Stock Exchange (NSE) opened trading on Monday with a growth of 0.60 per cent following enhanced bank in interest.

Why Bank Of Agriculture Is Still In Distress – Minister

Why Bank Of Agriculture Is Still In Distress – Minister

The Minister of Agriculture and Rural Development, Malam Sabo Nanono said the Bank of Agriculture (BOA) is still in distress because no concrete effort was made to recapitalise it in spite of pronouncements in the past.

Border Closure: Nigeria Speaks On Decision Breaching Free Trade Agreement

Border Closure: Nigeria Speaks On Decision Breaching Free Trade Agreement

The Minister of Agriculture and Rural Development, Sabo Nanono, says Federal Government’s closure of the Nigerian border does not in any way breach the free trade agreement in the West African sub-region.

Finance Minister Zainab Explains Why Nigeria Must Continue Borrowing

Finance Minister Zainab Explains Why Nigeria Must Continue Borrowing

The Minister of Finance Zainab Ahmed has admitted that Nigeria must take loans in order to fund the country's infrastructure needs, Concise News reports.

Blackout Looms As Electricity Workers Embark On Nationwide Strike

Blackout Looms As Electricity Workers Embark On Nationwide Strike

The National Union of Electricity Employees has made known of its readiness to begin a nationwide strike, according to a statement by Anthony Sule, Assistant Secretary-General of NUEE

FAAN Speaks On Banning Uber, Bolt, Others From Airports

FAAN Speaks On Banning Uber, Bolt, Others From Airports

The Federal Airport Authority of Nigeria (FAAN) has denied banning taxi-hailing services like Uber, Bolt and others from operating in airports in the country.

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