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Tag: Dailytrust
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220 drug suspects arrested as NDLEA destroys 14 cannabis farms in Edo
Categories: BusinessContinue Reading: 220 drug suspects arrested as NDLEA destroys 14 cannabis farms in EdoThe Edo State commander of the National Drug Law Enforcement Agency (NDLEA), Mr Callys Alumona, has said the agency arrested 220 suspects over drug-related offices between February and June, 2024….
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Nigeria’s cryptocurrency market worth over $400m – SEC
Categories: BusinessContinue Reading: Nigeria’s cryptocurrency market worth over $400m – SECThe Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has stated that Nigeria’s cryptocurrency market is estimated to be worth over $400 million, with a significant portion…
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Worst of naira volatility over – Cardoso
Categories: BusinessContinue Reading: Worst of naira volatility over – CardosoPermits IMTOs to sell FX directly on official window Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said the worst of the naira volatility is over. Cardoso,…
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Good prices: More farmers shift to sesame, peanuts, melon
Categories: AgricultureContinue Reading: Good prices: More farmers shift to sesame, peanuts, melonMore farmers are now going into cash crop production across Taraba State farming communities despite the high cost of foodstuffs, Daily Trust on Sunday gathered. Three key cash crops, sesame,…
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NGX Weekly: Investors lose N103bn as insurance, banking stocks decline
Categories: BusinessContinue Reading: NGX Weekly: Investors lose N103bn as insurance, banking stocks declineThe NGX Insurance Index led the losers during the Sallah holiday-shortened week, falling by 1.32 per cent week-on-week. This contributed to a 0.18 per cent decline in the broader market…
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SEC Issues Framework On Banking Sector Recapitalisation
Categories: BusinessContinue Reading: SEC Issues Framework On Banking Sector RecapitalisationIn a bid to support the Central Bank of Nigeria’s recapitalisation programme towards achieving the targeted objectives, the Securities and Exchange Commission has released its Framework on Banking Sector Capitalisation…
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NNPC, TotalEnergies JV announce $550m Ubeta Field dev’t project
Categories: BusinessContinue Reading: NNPC, TotalEnergies JV announce $550m Ubeta Field dev’t projectTo yield revenue of $7bn over the next 20 years In a major step towards boosting Nigeria’s oil and gas production, the NNPC and TotalEnergies JV have officially announced a…
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Garri, rice record 50% price increase in Enugu
Categories: BusinessContinue Reading: Garri, rice record 50% price increase in EnuguThe price of cassava flakes, popularly known as garri and rice has recorded more than a 50 per cent increase in Enugu metropolis, the News Agency of Nigeria (NAN) reports….
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Customs records N4.4trn revenue in 1yr
Categories: BusinessContinue Reading: Customs records N4.4trn revenue in 1yrThe Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, has revealed that in the last one year, the organisation has recorded a 74 per cent revenue growth, amounting to…
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Why beans price bloated in Nigeria – CFAN
Categories: AgricultureContinue Reading: Why beans price bloated in Nigeria – CFANThe recent high cost of beans experienced in the country which has sent panic across the nation has been an issue that dominates almost every platform of discussion. It was…
