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PBA Reporter

UK

Omicron: Why We Removed Nigeria From Travel Red List – UK

The British High Commissioner to Nigeria, Catriona Laing, has disclosed that the United Kingdom removed Nigeria from its travel red list based on “scientific and public health data”. Laing who disclosed this in a statement on Tuesday said Nigeria and 10 other
December 15, 2021
AfDB

Nigeria Secures $210m AfDB Loan To Boost Agricultural Sector

The African Development Bank’s Board of Directors has announced the approval of a $210m loan for Nigeria’s Special Agro-Industrial Processing Zones, which it said would boost the agricultural sector. The AfDB, in a statement on Tuesday, said:  “A $210m loan approved by
December 15, 2021
UK

BREAKING: UK Removes Nigeria, 10 Others From Red List

The United Kingdom has removed Nigeria and 10 other countries from its red list. Health Secretary Sajid Javid, announced this on Tuesday while addressing Members of Parliament. According to him, the red list is “now less effective in slowing the incursion of
December 14, 2021
Zainab Ahmed

FG Hints On Imposing New Taxes, Tariffs, Gives Reasons

The federal government has hinted on introducing new taxes, tariffs and levies as part of measures to shore up its revenue. The Minister of Finance, Budget and National Planning, Zainab Ahmed, at the public hearing on the 2021 Finance Bill organised by
December 14, 2021
GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks In H1 2023

Banks Record N1.3tn Non-Performing Loans – CBN

Commercial Banks in Nigeria, according to the Central Bank of Nigeria, recorded non-performing loans of N1.3tn as of November which is still currently above the industry benchmark. Figures obtained from the CBN on Monday showed that the bad loans represented 5.4 per
December 14, 2021
NNPC refinery

NNPC To Stop Rising Cooking Gas Price, Increase Supply

The Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, disclosed that the NNPC was making efforts to increase the supply of Liquefied Petroleum Gas, popularly called cooking gas, in a bid to force down its price. Kyari, who
December 14, 2021
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