Latest Nigerian News updates

The Latest Nigerian News updates on Nigeria '70

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NNPC secures $3.7bn in alternative funding

Okechukwu Nnodim, Abuja The Nigerian National Petroleum Corporation on Wednesday said it had secured a total of $3.7bn in alternative financing agreements in the last three years. The Group Managing Director, NNPC, Maikanti Baru, said securing external funding arrangement was crucial to sustaining oil and gas production in Nigeria and ensuring the survival of the […]
Added about 5 hours ago from The Punch News

AB InBev to grow investment in Nigeria

Stanley Opara Global brewing company, AB InBev, has said it will continue to grow its investment in Nigeria for a very long time. The brewer said the ongoing merger of its subsidiaries in the country, International Breweries Plc, Intafact Breweries Limited and Pabod Breweries Limited, will further drive the commitment. Addressing journalists in Lagos on […]
Added about 5 hours ago from The Punch News

Ahmed Signs State Health Insurance Bill into Law with N200m Support

Hammed Shittu in Ilorin. Kwara State governor, Alhaji Abdulfatah Ahmed, has signed the State Health Insurance Agency Bill into law with a promise to support it with an initial N200 million. Speaking during the signing ceremony at Government House, Ilorin, he said the agency would operate with contributions from other sectors like the consolidated funds, […]
Added about 5 hours ago from This Day News

Soccer-Nigeria to take exciting crop of young talent to Russia

Soccer-Nigeria to take exciting crop of young talent to Russia CAPE TOWN, Nov 23 (Reuters) - Nigeria are the only one of Africa's five representatives from the last World Cup who return for the 2018 edition in Russia and will be looking to better their place in the last 16 in Brazil.
Added about 5 hours ago from Reuters Nigeria

EFCC/DSS clash: Sagay, Falana berate DSS for stopping Ekpeyong, Oke’s arrest

Niyi  Odebode,  Olalekan Adetayo, Eniola Akinkuotu, Adelani Adepegba and Olaleye Aluko The Presidency is still waiting for the official reports on what transpired between the officials of the Department of State Services and the Economic and Financial Crimes Commission in Abuja on Tuesday, The PUNCH has learnt. Officials of the sister agencies were on Tuesday […]
Added about 6 hours ago from The Punch News

AfDB: DBN’s Role in MSMEs Sector Extremely Important to Us

Ndubuisi Francis and Udora Orizu in Abuja The African Development Bank (AfDB) has stated that the role of the Development Bank of Nigeria (DBN) in the micro, small and medium scale enterprises (MSMEs) sector was extremely important to the pan-African bank. AfDB Vice President, Private Sector, Infrastructure and Industrialisation, Pierre Guislain said the pan-African bank […]
Added about 6 hours ago from This Day News

Delta farmers inaugurate exco

Added about 6 hours ago from Vanguard News

ABINBEV Restates Commitment to Nigeria with $250m Investment

Nume Ekeghe As part of efforts to increase its market share,ABINBEV, one of the world’s largest brewer has merged three of its subsidiaries and has also injected over $250 million into building second largest brewery plant in Africa. The company announced the merger of International Breweries, Intafact beverages limited and Pabod Breweries, stating that the […]
Added about 6 hours ago from This Day News

EFCC makes a U-turn, releases Anyim, seizes his passport

Eniola Akinkuotu, Abuja The Economic and Financial Crimes Commission has released a former Secretary to the Government of the Federation, Anyim Pius Anyim, The PUNCH can confirm. The EFCC had earlier said it had obtained a warrant to detain Anyim for 30 days. It was, however,  learnt that Anyim was released on Tuesday after handing […]
Added about 6 hours ago from The Punch News

Farmers Laud CBN for Reducing Rice Importation

Segun Awofadeji in Gombe The All Farmers Association of Nigeria (AFAN) has extolled the Central Bank of Nigeria (CBN) for drastically reducing the importation of rice, wheat and fish, thereby boosting local production of rice and other agricultural commodities. AFAN spoke Wednesday at their North-east zone meeting held in Gombe under the chairmanship of the […]
Added about 6 hours ago from This Day News

Nigerian Stock Exchange Bullish on Exchange Traded Derivatives Market

Nigeria will soon witness a robust Exchange Traded Derivatives (ETD) market that can support the growth of country’s ambitions, the Nigerian Stock Exchange (NSE) has said. An ETD is a financial instrument whose value is based on the value of another asset, and that trades on a regulated exchange. Futures and options are two of […]
Added about 6 hours ago from This Day News

Lagos judge withdraws from Justice Nganjiwa’s bribery trial

Oladimeji Ramon Justice Adedayo Akintoye of the Lagos State High Court in Igbosere on Wednesday withdrew herself from the case of a fellow judge, Justice Hyeladzira Nganjiwa, who was charged with unlawful enrichment to the tune of $260,000 and N8,650,000. Justice Akintoye said her decision to withdraw from the case was based on a petition […]
Added about 6 hours ago from The Punch News