T-bills: Investors Groan As Interest Rates Plunge
T-bills: Investors Groan As Interest Rates Plunge
Investors have registered their displeasure over the consistent decline in the interest rates of Treasury bills.
The T-bills market...
Implementation Of 7.5% VAT To Commence February 1 — Minister
Implementation Of 7.5% VAT To Commence February 1 — Minister
The Federal Government will from February 1 begin the implementation of 7.5 per cent Value...
FG Disburses N55.3bn To Youths, Poor Persons In Six Years
FG Disburses N55.3bn To Youths, Poor Persons In Six Years
The Federal Government has disbursed $155 million (about N55.3 billion) out of the $300m World...
Export Of Agro-allied Produce From Port-Harcourt Hits N28.421bn
Export Of Agro-allied Produce From Port-Harcourt Hits N28.421bn
The Nigeria Customs Service (NCS), Area II Command, says export of agro-allied produce from Onne, Rivers State...
Loans: First Bank Commits N10bn To Education
Loans: First Bank Commits N10bn To Education
First Bank of Nigeria Limited has announced that within the last year, it has supported educational institutions in...
FG Seeks New Investment In N155bn Bonds Auction
FG Seeks New Investment In N155bn Bonds Auction
The Federal Government is scheduled to auction N155bn worth of bonds on January 22.
The Debt Management Office,...
Customs Intercepts N67m contraband In Just One Week
Customs Intercepts N67m contraband In Just One Week
The Nigeria Customs Service, Federal Operations Unit, Zone A, has announced the interception of N67m worth of...
FG Implements Finance Act, Charges 7.5% VAT On Transactions
FG Implements Finance Act, Charges 7.5% VAT On Transactions
The Federal Government has begun the implementation of some aspects of the Finance Act with the...
Monthly Forex Inflow Rose To $9.84bn – CBN
Monthly Forex Inflow Rose To $9.84bn – CBN
Aggregate foreign exchange (FOREX) inflow into the economy amounted to $9.84bn in November 2019, showing an increase...
Russia, Afreximbank To provide $1.46bn For Ajaokuta Completion
Russia, Afreximbank To provide $1.46bn For Ajaokuta Completion
The Federal Government has said the Russian government and Afreximbank will provide up to $1.46bn to fund...
NTDC Seeks N7.2trn To Effectively Promote Tourism
NTDC Seeks N7.2trn To Effectively Promote Tourism
The Nigerian Tourism Development Corporation (NTDC) has said it needs $4 billion a year and $20bn (about N7.2...
CBN Shifts 2020 Monetary Policy Committee Meeting
CBN Shifts 2020 Monetary Policy Committee Meeting
Central bank of Nigeria (CBN) has rescheduled its first monetary policy committee meeting of 2020 to Jan. 23...
KADIRS Shut Banks Over N294.85m Taxes
KADIRS Shut Banks Over N294.85m Taxes
The Kaduna State Internal Revenue Service (KADIRS) on Tuesday sealed off the First City Monument Bank and Keystone Bank...
Finance Law: Presidency, Minister Differ On Implementation
Finance Law: Presidency, Minister Differ On Implementation
The confusion over the implementation date of the finance law deepened on Tuesday as the Presidency and the...
Recruitment Budget: N1.6bn For Hiring, Training, Says Customs
Recruitment Budget: N1.6bn For Hiring, Training, Says Customs
The Nigeria Customs Service has insisted that the N1.6bn allegedly paid to a consultant to conduct the...
FG Loses Over $7bn Annually To Piracy
FG Loses Over $7bn Annually To Piracy
The Federal Government loses over $7 billion on freight cost yearly to criminal activities on the nation’s territorial...
In Nine Months, 13 Banks Pay N136.84bn Tax
In Nine Months, 13 Banks Pay N136.84bn Tax
Thirteen commercial banks listed on the Nigerian Stock Exchange paid N136.84bn in taxes to the Federal Inland...
Buhari Okays Committees For N2trn Mambilla Power Plant
Buhari Okays Committees For N2trn Mambilla Power Plant
President Muhammadu Buhari, has approved the constitution of two committees for the Mambilla Hydroelectric Power Project in...
BDCs Seek Stake In $25bn Diaspora Remittances
BDCs Seek Stake In $25bn Diaspora Remittances
The Association of Bureaux De Change Operators of Nigeria has said the BDCs should be one of the...
Loans Without Collateral To Drop In Q1, CBN Says
Loans Without Collateral To Drop In Q1, CBN Says
The availability of loans without collateral will fall in the first quarter of the year, the...
