Newsfront Online …Telling the Public as it is

The federal government is to establish the Nigerian Mining Centre of Excellence (CoE) that will meet the needs of investors in the solid minerals sector. The permanent secretary of the Ministries of Solid Minerals Development and Steel Development, Dr Mrs ...

In a momentous move to empower Nigerian youths and foster economic growth, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first-fully digital bank, ALAT, has joined forces with the National Youth Service Corps (NYSC) to launch the NYSC-ALAT ...

President Bola Tinubu, on Saturday, declared that Nigeria remains open to dialogue and rebuilding ties with Mali, Guinea, Burkina Faso and Niger Republic, despite recent coups in the three countries and their decision to withdraw from the Economic Community of ...

President Bola Tinubu has told African leaders in Addis Ababa, Ethiopia, on Saturday, that Nigeria was ready to host the African Central Bank (ACB). He said his administration will engage the African Union (AU) Commission in collaboration with member-states to ...

Operators in the Micro, Small and Medium Enterprises (MSMEs) are fuming over the harsh economic scenario in the country that is leading to the death of many Small and Medium Enterprises(SMEs) in recent times. Price shocks, unavailability of raw material, ...

The Lagos Chamber of Commerce and Industry (LCCI) has said the recent announcement regarding the federal government’s intention to establish a National Commodity Board has the potential to bring stability to food prices in Nigeria. The director-general of LCCI, Dr. ...

The Nigeria electricity sector has grappled with a delusive perception of a brighter power industry following the 2013 privatisation exercise. The sector is currently grappling with an inherited debt crisis of over N3 trillion. Although the federal government is working ...

The Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, has said the government of President Bola Tinubu has gotten commitments from foreign companies to invest close to $30 billion in Nigeria in areas ranging from steel to oil and ...

For the first time since the advent of the administration of President Bola Tinubu, the Central Bank of Nigeria (CBN) has reduced the exchange rate for calculations of Customs Duty rates from N1,515.48 to N1,472.75 to a Dollar. The reduction ...

The managing director of Shell Nigeria Exploration and Production Company Limited (SNEPCo,) Elohor Aiboni said the company is working to extend the life of the Bonga Floating, Production, Storage, Offloading (FPSO) vessel for another 15 years to handle more production ...