The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has agreed to retain the Monetary Policy Ratio (MPR) at 11.5 per cent Mr Godwin Emefiele, CBN Governor, made this announcement on Friday at the conclusion of the two-day MPC meeting in Abuja. Emefiele said that the committee also resolved to hold all…
The Department of Petroleum Resources (DPR), in Abuja, on Thursday sealed 11 illegal gas plants and two filling stations over sharp practices. Liquified Petroleum Gas (LPG) — also known as cooking gas — plants and the filling stations visited are located in Karimo, Gwagwa, Games Village kuje and Gwagwalada. The LPG operators were said to…
Trust Africa News, Ayomide Otitoju Lagos State becomes the first sub-national Government to activate the framework for the unlocking of the $1 trillion Nigerian Green Bond Market Development Programme to finance key infrastructure projects. On Tuesday, Governor Babajide Sanwo-Olu signed Memorandum of Understanding (MoU) with FMDQ Group and Financial Sector Deepening (FSD) Africa, which are the…
The hall teemed with people, entrepreneurs seeking knowledge on ways to improve their bottom lines, how best to navigate the world of business, and boost operations. The event, sponsored by Quickteller Business and convened by Nelly Agbogu, (Naijabrandchick) and Chioma Ifeanyi-Eze of Accountinghub, speakers at the programme themed, ‘Let’s Talk: Your Business & Sales,’ was…
A South Korean antitrust regulator has fined Alphabet Inc’s Google 207 billion won ($176.64m) for blocking customised versions of its Android operating system (OS), in the US technology giant’s second setback in less than a month. The Korea Fair Trade Commission (KFTC) on Tuesday said terms with device makers amounted to the abuse of Google’s…
The Nigerian Meteorological Agency (NiMet) is set to start academic activities in its Meteorological Institute of Science and Technology (MIST) in Katsina. The NiMet`s General Manager, Mr Muntari Ibrahim, in a statement on Monday in Abuja, said the approval was given by the government in a letter dated Sept. 9 and following a request by…
China issued a total of 2.7 billion organic product labels last year, the country’s top market watchdog said Monday. The country sold 999,000 tonnes of organic products in 2020, with sales standing at 80.43 billion yuan (about 12.47 billion U.S. dollars), according to the State Administration for Market Regulation. To date, China has granted 14,000…
Guinness Nigeria has empowered more than 150 women at the August meeting in Imo State through its new Guinness campaign ‘Black Shines Brightest’ in celebration of African creativity and enterprise. Its Marketing Manager, Uche Nwalie, said it initiated a female empowerment programme and delivered care packages in communities in Owerri and Aba to equip these…
Trust Africa News, Ayomide Otitoju Nigeria’s leading commodities exchange player, AFEX, held a side-event at the 2021 African Green Revolution Forum (AGRF) to advocate for digital financial inclusion for African smallholder farmers. The side-event, hosted by AFEX and Smallholder and Agri-SME Finance and Investment Network (SAFIN), themed “Digital Financial Services for Agriculture”, focused on adopting…
