He said solid minerals were vehicles to diversify the economy and boost the Gross Domestic Product.
He said: “We will deliver on the promises made by President Muhammadu Buhari to Nigeria to diversify the economy from crude oil to solid minerals
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Traders at the market noted that the naira could witness a rebound if activities at the Bureau de Change bounce back
He said the CBN also implemented country-specific and innovative policies that had helped to stabilise the exchange rate and conserve the nation’s reserves
Shortly after the meeting, the minister received the handing over note from the Director of International Economic Relations Department, Haruna Mohammed, at about 4:45pm
This was contained in a statement made available to newsmen in Lagos on Wednesday by Austine Fischer, the General Manager of Communication and Sustainability of APM Terminals, Nigeria
Abioye argued that the merger did not make economic sense and might cost the nation a lot of money in future
The upper chamber had in a motion moved by Senator Dino Melaye (APC Kogi West) raised the alarm over alleged payment of N25 billion to one e-collection firm, REMITA, in one day as one per cent of monies transferred
He said the company’s strategic expansion to more than 10 African countries was geared toward reducing the pressure on the Naira and repatriation of foreign earnings into the country
The letter was signed by the union’s General-Secretary, Olayinka Abioye, and made available to aviation correspondents in Ikeja, Lagos State
It said: “For instance Nigeria has just only $2 billion in excess crude account which reports say may soon be shared; less than $30 billion in external reserves; owes over $60 billion even as many states in the country continue to seek for loans and bailout funds to pay workers salary
Skill Acquisition and Entrepreneurship Development of First Bank of Nigeria Plc, Ify Ben-Ushie; Group Head, Port Harcourt North and Bayelsa, FirstBank, Nkiruka Harris-Eze; winner, Ogundipe Adedeji; and the Rivers State Coordinator of the National Youth Service Corps, Ngozi Nwatalari
Moshiri disclosed this in Lagos at the 33rd annual conference of the Nigerian Association of Petroleum Explorationists.
Korodo said non-payment of the claims had led to non-importation by marketers and loss of jobs by many workers
According to the governor, the additional fund was to expand the scheme in order to accommodate more young people, women and other vulnerable groups in the state
This planned expansion, the company said, is in addition to ongoing upgrade of the Housing Estate, which was commissioned in 1985 as part of the Egbin Power facility to provide accommodation for employees
L-R: Managing Director of Shell Petroleum Development Company of Nigeria Limited and Country Chair, Shell companies in Nigeria, Osagie Okunbor, receives an award from the President of the Nigerian Association of Petroleum Explorationists, Chikwendu Edoziem
Also, the market capitalisation, which opened at N10.026 trillion, dipped N64 billion or 0.64 per cent to close at N9.962 trillion due to huge loss recorded by some blue chip equities
Non-executive chairman Phuthuma Nhleko was named executive chairman of MTN for up to six months after Sifiso Dabengwa stepped down as CEO with immediate effect on Monday
The Head of Enterprise Marketing of Etisalat Nigeria, Bidemi Ladipo, gave this advice while speaking in Lagos at the Market Access initiative organised by Etisalat Nigeria in partnership with the Enterprise Development Centre of the Pan Atlantic University.
He acknowledged that although it had been a challenging year, the company nonetheless remained steadfast to its resolve to provide Nigerians with quality entertainment and innovative services.