FG, PSML Sign New MoU for Delta Steel revival
The government said the latest agreement must translate into actual mine development, plant rehabilitation, commercial steel production and sustainable jobs within the agreed 18–24-month timeline.
2026
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Naira Exchange Rates •Commodity Prices Friday, August 21
Commodity Price (US$)
Soybeans 1216.40
Wheat 677.22
Palm Oil 5018.00
Sugar 17.38
Cocoa 5975.81
NordVPN Warns Cybercriminals Mimicking Global Brands To Steal Information
NordVPN said the attacks typically begin with social engineering, where criminals send convincing messages through SMS, WhatsApp or social media.
Cement price jumps to N16,000 per bag
Granite has risen from N530,000 to N780,000 per 30 tonnes. Reinforcing steel now costs N1.15 million per tonne, up from N850,000.
Standard Bank Eyes Stake in OPay Ahead of US IPO
OPay had appointed Citigroup, Deutsche Bank, and JPMorgan Chase to work on its planned US IPO, with the company targeting a valuation of about $4 billion.
President Tinubu Approves Unclaimed Dividends, Dormant Accounts Transfer to NELFUND
The Education Minister said that the measures are aimed at strengthening NELFUND’s financial capacity, with more than 1.2 million students currently benefiting from the scheme.
Unlocking ₦84trn Banks’ Idle Funds For Lending To Manufacturers…
Nigeria’s challenge is no longer simply mobilising capital; it is creating the conditions under which banks can profitably lend that capital to businesses capable of producing, expanding, exporting and creating jobs,writes FRANKLIN OCHENEYI • Image: Dangote Petroleum Refinery, Lagos. RECENTLY, the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso , urged commercial banks to lend…
President Tinubu Tasks Varsities To Produce Job Creators
The President hurled the challenge on Tuesday in Ilorin, Kwara State, during the 37th Annual Conference and General Assembly of the Committee of Vice-Chancellors of Nigerian Universities (CVCNU), held at the University of Ilorin.
U.S Takes Over The Strait of Hormuz from Iran
The Strait of Hormuz, which handled about a fifth of the world’s crude oil and gas before the war, has become the central flashpoint between the U.S. and Iran since February.
Tegbe Charges EKEDC To Supply Constant Power To Industries In Apapa Corridors
Electricity remains the bedrock of economic growth. Every thriving industrial cluster, commercial district, healthcare facility, educational institution, and household depends on a steady and reliable power supply for optimal performance.