The Central Bank of Nigeria (CBN) yesterday restated that all naira denominations remain legal tender. It directed its branches to continue issuing adequate quantities of both old and redesigned naira notes.  CBN, in a statement by its Director of Corporate Communications, Dr Isa AbdulMumin, said:…

The Federal Government and a Germany geo-scientific technology company – GeoScan GmbH based in Berlin have signed a pact that will stimulate the exploration of Nigeria’s mineral deposits worth more than $700 billion.  Solid Minerals Development Minister Dele Alake, who broke the news, said…

Investors have been given a glimpse into the country’s massive agricultural potential. Vice President Kashim Shettima unveiled the enormous capacity for investment in agribusiness in Iowa, United States on Tuesday. To guarantee food security, he said the Federal Government plans mechanised farm centres in…

Nigeria is on the right growth path with the “bold” reforms of the Tinubu Administration, the International Monetary Fund (IMF) said yesterday. Mission Chief, Daniel Leigh, said the President moved quickly with vital changes, including ending petrol subsidy and unifying the exchange rates. “We welcome these initial…