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Share on Facebook Tweet on Twitter The Presidency Thursday in Abuja commenced a vocational and entrepreneurial programme to prepare its staff adequately for retirement. Declaring open a two-day workshop for State House staff who are about to retire, the Permanent Secretary, Mr. Jalal Arabi, said that the programme was also designed to prepare them mentally […]

In order to implement Nigeria’s automotive biofuels industry, the Nigerian National Petroleum Corporation is currently sourcing for investors for its Renewable Energy Division (RED). According to the NNPC in a statement, the automotive biofuels industry programme is aimed at leveraging the vast agricultural potentials with abundant skilled and unskilled labour nationwide. According to the NNPC, […]

Special Adviser to the President on Media, Femi Adesina, has disclosed that President Muhammadu Buhari will next week, sign a loan deal with the People’s Republic of China for the purpose of bridging the huge N2 trillion budget deficit. The President is expected embark on a state visit China next week. The budget which President […]

Nairametrics can authoritatively report that details of the 2016 budget has just arrived the presidential villa in Abuja. President Muhammadu Buhari had said that he would not sign the 2016 Appropriation Bill, passed into law by the National Assembly, last week, unless he critically reviewed it. The Chief of Staff to the President, Alhaji Abba […]

PAT MELIK Venezuela’s Hapless President Nicolas Maduro has designated every Friday in the months of April and May as a non-working holiday, in a bid to save electricity. The country will unveil details of a 60-day plan to conserve energy Thursday, Maduro said, adding that measures would include asking large users such as shopping malls […]

The command and control ideology of President Muhammadu Buhari, such as his refusal to deregulate the downstream oil and gas sector and the sudden cut in pump price has delivered a fresh blow to major oil marketers as revenue dwindled. As a result of the cut in pump price, the 2015 audited financial statement of […]

Month Imports (c.i.f) (N’ Million) Exports and Re-Export (f.o.b) (N’ Million) Balance of Trade (N’ Million) Jan       598,715.00   1,357,779.74          759,064.74 Feb       608,153.50       967,471.68          359,318.18 Mar       439,875.60   1,126,881.46          687,005.86 Apr       544,174.80   1,321,531.90          777,357.10 May       516,280.30   1,476,883.02          960,602.72 Jun       537,782.90       […]Read More

The currency of Africa’s largest economy is expected to weaken as the signing of the 2016 budget by President Muhammadu Buhari next week means the system is flooded with liquidity. The local currency was flat at 320 to the dollar on the parallel market, while at the official window the currency was,trading around the peg […]

A forensic expert and witness of the Economic and Financial Crimes Commission, on April 5, 2016, told a Federal Capital Territory, FCT, High Court, sitting in Gudu, that the signatures on the bank mandate card of Ebenezer Retnan Ventures, and other opening account packages with then All States Trust Bank, ASTB, belong to Joshua Dariye. The […]

Share on Facebook Tweet on Twitter Tension is rising and people have started dying. Nigeria’s lingering fuel scarcity claimed its first victim on Wednesday at Festal area of Lagos. Details about what exactly transpired between a commercial motorcycle rider and some security operatives at Forte oil filling station in Festac area were still sketchy, but as […]

Minister of State for Industry, Trade and Investment, Aisha Abubakar this week revealed that 145 textile companies had gone moribund between 1980 and this present time. In a meeting she had with members of the Cotton, Textile and Garment Implementation Committee, the Minister said the closure of these industries was due to what she called […]

Zenith Bank Plc 10 Years Financial Summary Zenith Bank 10 Years Financial Summary The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for any […]