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FG To Close NERFUND Over Loans

The Federal Government plans to shut down the National Economic Reconstruction Fund (NERFUND) over non-performing loans of over N17.5 billion. Pursuant to this, a committee has been formed to ensure the smooth liquidation of the company by the end of...

FG Releases N100bn To Road contractors

The Minister of Finance,Mrs. Kemi Adeosun, has released the proceeds of the N100 billion Sukuk bond for 25 key economic road projects of the Federal Ministry of Power, Works and Housing. Mrs. Adeosun, in Abuja, handed over the cheque to...

NNPC Records $471.90m Oil Export Revenue

The Nigerian National Petroleum Corporation (NNPC) has recorded more than 100 per cent increase in export revenue of $471.90 million for the month of July 2017 as against $219.34 million posted in June 2017. According to the July edition of...

Buhari Appoints Deputy Governor For CBN

The Senate has received a request from President Muhammadu Buhari for confirmation as Deputy Governor of the Central Bank of Nigeria(CBN) in the person of Mrs Aishah Ahmad. Upon confirmation, Mrs. Ahmad will replace a former Deputy Governor, Mrs Sarah...

Customs Seizes 3, 665 Vehicles In 2 years

Nigeria Customs has seized 3,665 vehicles from 2015 till date with a Duty Paid Value (DPV) of over N13 billion, the Comptroller-General, Col. Hameed Ali (rtd), has said. Ali said this during his lecture titled “Problem of Smuggling and its...

Re-commissioned Ibadan Depot to Ease Products Supply, Distribution in South West

Re-commissioned Ibadan Depot to Ease Products Supply, Distribution in South West …As Gov. Ajimobi Pledges Vehicles for Pipeline Security Products supply and distribution have received a huge boost in Oyo State and the South West region of the country, following the...
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