Office rent prices rise

Office rent prices rise

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CBN to Auction N138bn Treasury Bills This Week

CBN Governor, Sanusi Lamido Sanusi   By Obinna Chima The Central Bank of Nigeria (CBN) has announced plans to issue a total of N137.97 billion treasury bills this Wednesday, in line with its restrictive monetary policy stance. The bills, which are to vary from 3-month to 1-year maturities, would be sold at the apex bank’s […]

No Respite as Equities Remain Downbeat

NSE Headquarters By Goddy Egene and Eromosele Abiodun Investors in the Nigerian equities market again last week waited in vain for a possible rebound as the market maintained a downward trend, on the back of sustained profit taking by some investors. The bears had the previous week dominated activities on the Nigerian bourse driving equity […]

2012 Budget: FG Approves N380m for Ikorodu-Shagamu Road

Governor Babatunde Fashola After more than one decade of neglect, the Federal Government has approved a sum of N380 million for the rehabilitation of Ikorodu-Shagamu boundary road, which has been appropriated for in the 2012 Appropriation Act. Vice Chairman of the Senate Committee on Lands, Housing and Urban Development, Sen. Gbenga Ashafa disclosed the approval […]

Cassava Bread: Nigeria Offers Technical Support to Malawi

President Goodluck Jonathan Minister of Agriculture and Rural Development, Dr. Akinwunmi Adesina, has expressed Nigeria’s readiness to provide technical assistance to Malawi on cassava flour composite in bread making. Adesina disclosed this in Abuja at a recent media conference on ‘High cassava bread derivatives’. He said President Goodluck Jonathan had sold the idea to offer […]

FG to Enhance Business Access to Local, Int’l Markets

Minister of Trade and Investment,   Olusegun Aganga,   The Federal Government is set to improve the Small and Growing Businesses’ access to both local and international market markets, in its drive to boost the growth and development of the sector. The Minister of Trade and Investment, Mr. Olusegun Aganga, disclosed this during the Market Access […]

Farmers Give N’Assembly 30-day Ultimatum on Cassava

Minister of Agriculture,   Akinwumi Adesina The Nigeria Cassava Growers Association (NCGA) has protested the action of the House of Representatives to stop the use of cassava in all flour products, giving the National Assembly 30 days ultimatum to legislate on cassava as compulsory ingredient in all flour products in the country. Leading the protest to […]

‘FG Platform Has Made Electronic Payments Vibrant’

Naira notes Managing Director of Intermac Consulting Limited, Mr. Adeyinka Adeyemi, has said that with an estimated annual growth of 38 per cent in electronic transactions across the African region, there was a clear indication that Nigeria was fast becoming vibrant in the area of electronic transactions. Adeyemi, who spoke to journalists at an Intermac […]

ILO: 21m People Now Victims of Forced Labour

ILO Headquarters   Nearly 21 million people are victims of forced labour across the world, the International Labour Organisation (ILO) has said. According to new ILO global estimates, three out of every 1,000 people worldwide are trapped in jobs into which they were coerced or deceived and which they cannot leave. A statement released weekend […]

Nigeria-US Oil Exports Rose to $34bn in 2011

Crude oil exports from Nigeria to the United States rose to $34 billion in the year 2011; from $31 billion and $19 billion in 2010 and 2009 respectively. Within the same period, the figures for non-oil export rose from $101 million in 2009 to $115 million and $150 million in 2010 and 2011 respectively. These […]