Nigeria Newspapers Online
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Tag: Dailytrust
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Equity market suffers N1.2trn loss in one week
Categories: BusinessContinue Reading: Equity market suffers N1.2trn loss in one weekIt was a massive loss for investors last week as the Nigerian equity market shredded N1.2 trillion in all the five trading days of the week. The market capitalisation decreased…
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Access to mechanisation is improving farming in Yobe
Categories: AgricultureContinue Reading: Access to mechanisation is improving farming in YobeAgricultural activities in Yobe State have improved after the state government deployed various implements in a bid to boost access to mechanisation. Our correspondent reports that in July this year,…
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500 exhibitors for Abuja Chamber’s fair on farm technology
Categories: BusinessContinue Reading: 500 exhibitors for Abuja Chamber’s fair on farm technologyThe Abuja Chamber of Commerce and Industry (ACCI), in collaboration with Autodex Nigeria Limited, Afreximbank, says it has concluded plans to host the opening of the inaugural Farm, Food, and…
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FG pledges technical support to Edo on ease of doing business
Categories: BusinessContinue Reading: FG pledges technical support to Edo on ease of doing businessThe federal government has pledged to provide technical assistance and support for Edo State Government on improving its ease of doing business environment in the state. Daily Trust reports that…
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Moniepoint secures US$110m funding to boost digital payments
Categories: BusinessContinue Reading: Moniepoint secures US$110m funding to boost digital paymentsMoniepoint Inc has successfully raised US$110 million in equity financing, to power the dreams of millions of businesses and their customers across Africa and the diaspora. Moniepoint’s exceptional contributions to…
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BoI opens portal for FG’s N75bn MSME Fund
Categories: BusinessContinue Reading: BoI opens portal for FG’s N75bn MSME FundThe Bank of Industry (BoI) has announced the opening of its application portal for those seeking to benefit from the federal government’s N75 billion Micro, Small, and Medium Enterprises (MSMEs)…
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Nigeria expands local refining with new licenses, 4 modular refineries
Categories: BusinessContinue Reading: Nigeria expands local refining with new licenses, 4 modular refineriesTargets 3m bpd crude oil, 10bn cubic feet gas utilisation The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) yesterday gave an update on Nigeria’s local refining capacity, saying…
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$1bn monthly diaspora remittance achievable — Cardoso
Categories: BusinessContinue Reading: $1bn monthly diaspora remittance achievable — CardosoThe Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso has disclosed that $1 billion monthly remittance from the diaspora is achievable. He said this can be actualised…
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IMF denies asking Tinubu to remove fuel subsidy
Categories: BusinessContinue Reading: IMF denies asking Tinubu to remove fuel subsidyThe International Monetary Fund (IMF) has denied being behind the removal of fuel subsidy in Nigeria. Speaking on Friday at a press briefing on the sidelines of the IMF and…
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Amid disruptions, First Bank joins system migration, fixes date
Categories: BusinessContinue Reading: Amid disruptions, First Bank joins system migration, fixes dateAmid a wide range of disruptions which recently rocked major deposit money banks (DMBs) in Nigeria, First Bank has fixed a date for its transition to a new cloud-based procurement…
