28 C
Abuja
Saturday, October 19, 2019

1,000 Indigenous Firms Apply For Railway Contracts In 2018 – NRC

1,000 Indigenous Firms Apply For Railway Contracts In 2018 - NRC At least 1,000 indigenous companies have submitted applications for various railway contracts in the 2018...

CBN Demands 15% Interest On $8.1bn MTN Refunds

CBN Demands 15% Interest On $8.1bn MTN Refunds   The Central Bank of Nigeria has asked the court not to grant an injunction that will stop...

AfDB Targets Nordic Investors For Nigeria, Others

AfDB Targets Nordic Investors For Nigeria, Others The African Development Bank, in multidisciplinary team roadshows, has presented financial products and investment opportunities on the continent...

NCRIB Boss Raises Alarm, Says Nigeria Insurance Industry Is Endangered

NCRIB Boss Raises Alarm, Says Nigeria Insurance Industry Is Endangered   Insurance industry in Nigeria has been described as an endangered profession due to numerous challenges...

CBN: 850,000 Farmers Benefit From Anchor Borrowers Scheme

CBN: 850,000 Farmers Benefit From Anchor Borrowers Scheme   The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said that over 850,000 farmers...
Dr-Maikanti-Baru-NNPC

N’Assembly Unfair To NNPC Over Alleged $3.5bn Diversion – Baru

N'Assembly Unfair To NNPC Over Alleged $3.5bn Diversion - Baru   The Group Managing Director of the Nigerian National Petroleum Corporation, Maikanti Baru, on Thursday said...
FG

Nigeria’s 2019 Budget Proposals Approved at Extraordinary Session

Nigeria’s 2019 Budget Proposals Approved at Extraordinary Session The Federal Executive Council (FEC) presided over by President Muhammadu Buhari, has approved the 2019 Executive Budget...

FG Loses $325m Annually To Smuggled Textiles

FG Loses $325m Annually To Smuggled Textiles The Federal Government is losing about $325m revenue annually to the smuggling of garments into the country. The Minister...

Baru Directs NNPC Retail to Attain 30% Market Share

Baru Directs NNPC Retail to Attain 30% Market Share The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has charged the...
NNPC Towers

Gas Flaring: NNPC Subsidiary, 22 Others Owe $49m Fines

Gas Flaring: NNPC Subsidiary, 22 Others Owe $49m Fines The Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), and...

Quota cuts by OPEC Should rebalance oil market in Q1’

Quota cuts by OPEC Should rebalance oil market in Q1’ The deal led by the Organisation of Petroleum Exporting Countries(OPEC) to cut 1.2 million barrels...

Pipeline Vandalism Rises by 42.9 % in October- NNPC

Pipeline Vandalism Rises by 42.9 % in October- NNPC The Nigerian National Petroleum Corporation (NNPC) has raised an alarm on the increasing incidents of pipeline...

DBN Targets MSMEs With N70bn Loans In 2019

DBN Targets MSMEs With N70bn Loans In 2019   The Development Bank of Nigeria says it has set a target to disburse loans worth N70bn to...

EFCC, ABCON Sensitise Currency Dealers Against Money Laundering

EFCC, ABCON Sensitise Currency Dealers Against Money Laundering   The Economic and Financial Crimes Commission (EFCC) and the Association of Bureaux De Change Operators of Nigeria...

FG Unveils New Four-year Debt Management Strategy

FG Unveils New Four-year Debt Management Strategy The Federal Government on Tuesday released the new National Debt Management Framework 2018-2022. The Debt Management Office stated that...

Elections Postponement: FG Lost N1.8bn In Port Revenue – Expert

Elections Postponement: FG Lost N1.8bn In Port Revenue - Expert An economic analyst with the Lagos Chamber of Commerce and Industry who is also a...
Dr-Maikanti-Baru-NNPC

NNPC To Punish Procurement Defaulters

NNPC To Punish Procurement Defaulters   The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, on Wednesday, warned the management and members...
cbn

CBN Earmarks N50m Capital For Tier 2 Microfinance Banks

CBN Earmarks N50m Capital For Tier 2 Microfinance Banks The Central Bank of Nigeria (CBN) has introduced a Tier-based system for unit microfinance banks in...

Suzuki Establishes vehicle plant in Ghana

Suzuki Establishes vehicle plant in Ghana The Japanese Multinational automobile manufacturing company, Suzuki Motor Corporation, has resolved to set up a production plant in Ghana. The...

28 Firms Lose As Stock Market Declines Further

28 Firms Lose As Stock Market Declines Further   The nation’s stock market declined further on Tuesday as bearish sentiments persisted, making investors lose N4.8bn. The market...