BAGUDU REAFFIRMS FG’S COMMITMENT TO AGRI-FOOD SYSTEM TRANSFORMATION
Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, has reaffirmed the Federal Government’s commitment to transforming Nigeria’s agri-food system through stronger collaboration, institutional reforms, science-driven agriculture and increased private-sector investment.
NIGERIA’S EXTERNAL RESERVES CROSS $52 BILLION FOR FIRST TIME IN 17 YEARS
Nigeria’s external reserves have climbed above 52 billion dollars for the first time in more than 17 years
NAICOM COMMENDS SENATE ON PASSAGE OF NATIONAL INSURANCE REGULATORY COMMISSION BILL
The National Insurance Commission, NAICOM, has commended the leadership of the Senate and the Chairman of the Senate Committee on Banking, Insurance and Other Financial Institutions, Senator Adetokunbo Abiru, for the passage of the National Insurance Regulatory Commission Bill by the Senate.
NIGERIA, DENMARK MOVE TO DEEPEN TRADE, INVESTMENT AND SUSTAINABLE DEVELOPMENT PARTNERSHIP
The Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, says Nigeria is committed to deepening its bilateral partnership with Denmark in trade, investment and sustainable development.
METER MANUFACTURERS WITHDRAW LAWSUIT, PAVE WAY FOR 1.55 MILLION SMART METERS
There is relief for electricity consumers as the Association of Meter Manufacturers of Nigeria, AMMON, has withdrawn its lawsuit against the Federal Government. The move clears the way for the procurement of 1.55 million smart meters and allows key government metering programmes to resume.
CBN RETAINS INTEREST RATE AT 26.5 % AS INFLATION EASES SLIGHTLY
The Monetary Policy Committee of the Central Bank of Nigeria has retained the benchmark interest rate, also known as the Monetary Policy Rate, at 26.5 percent. The decision was announced on Tuesday by CBN Governor, Mr. Olayemi Cardoso, at the end of the committee’s 306th meeting in Abuja.
CONSENSUS ON CBN HOLDING RATES AT 26.5% AHEAD MPC DECISION
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has commenced its 306th policy meeting in Abuja amid widespread expectations that it will retain the benchmark Monetary Policy Rate (MPR) at 26.5 per cent.
PFIPC SCANDAL: HOW CBN OPENED DOMICILIARY ACCOUNTS FOR PHANTOM AGENCY
The Central Bank of Nigeria says it had opened two foreign-currency domiciliary accounts for the controversial Presidential Foreign Investment Promotion Council.
NEPC Disburses Nearly N1 Billion To 128 Women-Owned Export Businesses Under WEIDE Fund
The Nigerian Export Promotion Council, NEPC, says it has facilitated the disbursement of nearly N1 billion in grants to 128 women-owned export-oriented businesses under the Women Exporters in the Digital Economy, WEIDE, Fund. The initiative is aimed at helping women entrepreneurs use digital tools to access global markets.
PenCom -Pension Assets Hit N31.48 Trillion As CPS Membership Rises To 11.32 Million
The Director General of the National Pension Commission, PenCom, Ms. Omolola Oloworaran, says Nigeria’s pension assets have grown by 51 percent in two years. She disclosed this on Tuesday while briefing the State House Press Corps on “Two Years of Historic Pension Transformation.”