FG Has Shared N19.9bn Among Petty Traders – BoI
FG Has Shared N19.9bn Among Petty Traders – BoI
The Bank of Industry on Tuesday said the Federal Government had disbursed a total of N19.9bn...
NNPC, DPR, FIRS Illegally Deducted N1.5trn From Generated Revenue, Says Auditor-General
NNPC, DPR, FIRS Illegally Deducted N1.5trn From Generated Revenue, Says Auditor-General
Out of the N6.4tn generated by revenue collection agencies in 2017, about N1.5tn was...
IDSL Records N19bn Revenue In 2018
IDSL Records N19bn Revenue In 2018
The Integrated Data Services Limited, IDSL, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has recorded a significant...
FG Generates N5bn Annually From Sugar Levy, NSDC Says
FG Generates N5bn Annually From Sugar Levy, NSDC Says
The National Sugar Development Council (NSDC) has revealed that the Federal Government generates N5 billion annually...
Nigeria’s Debt Rises To $84bn Under Buhari – PRP
Nigeria’s Debt Rises To $84bn Under Buhari - PRP
Malam Falalu Bello has raised the alarm over skyrocketing debt profile under President Muhammdu Buhari, rising...
Banks’ Non-performing Loans Decline By N1.14trn In 1 Year
Banks’ Non-performing Loans Decline By N1.14trn In 1 Year
Between the third quarter of 2018 and the third quarter of this year, the Non-Performing Loan...
Fashola Requests Extra N255.6bn For Road, Bridges Repairs
Fashola Requests Extra N255.6bn For Road, Bridges Repairs
The Federal Government is currently constructing and rehabilitating 524 highways and bridges across the country, the Minister...
In 2017, Nigeria Flared Gas Worth $1bn, 3000MW – Sylva
In 2017, Nigeria Flared Gas Worth $1bn, 3000MW - Sylva
The Minister of State for Petroleum Resources, Mr. Timipre Sylva has disclosed that Nigeria flared...
Disco Spent N11bn To Install 178,000 Meters In 5 Years
Disco Spent N11bn To Install 178,000 Meters In 5 Years
The Abuja Electricity Distribution Company (AEDC) has disclosed that it invested N11 billion in installing...
FG Offers New Savings Bonds To Investors
FG Offers New Savings Bonds To Investors
The Federal Government on Monday offered a two-year and three-year savings bonds for subscription.
The Debt Management Office said...
FG Currently Owes Pensioners N400bn, Says Senate
FG Currently Owes Pensioners N400bn, Says Senate
The Federal Government currently owes its retirees over N400bn accrued pension rights, the Senate Committee on Establishment and...
$60bn Forex Cash Kept Naira Stable For 29 Months – Emefiele
$60bn Forex Cash Kept Naira Stable For 29 Months - Emefiele
The $60bn inflow from the Investors’ and Exporters’ Foreign Exchange (I&E Forex) Window has...
N275bn Generated From VAT In Q3 Of 2019 – NBS
N275bn Generated From VAT In Q3 Of 2019 – NBS
The National Bureau of Statistics (NBS) said the sum of N275.12 billion was generated as...
NEITI: Nigeria’s Indebtedness To IOCs In Cash-call Hits $3.501bn
NEITI: Nigeria’s Indebtedness To IOCs In Cash-call Hits $3.501bn
Nigeria has significantly reduced the accumulated debt it owes International Oil Companies (IOCs) for cash-call for...
$30bn Loan: MAN Worries Over FG’s Repayment Capacity
$30bn Loan: MAN Worries Over FG’s Repayment Capacity
The Manufacturers Association of Nigeria (MAN) said it is concerned about the debt servicing capacity of the...
Insurance Sector Rose By 6.6% In Q3 – NBS
Insurance Sector Rose By 6.6% In Q3 – NBS
The Nigerian insurance sector grew by 6.69 per cent year-on-year in the third quarter of this...
CBN Launches Account Opening Scheme
CBN Launches Account Opening Scheme
The Central Bank of Nigeria is set to inaugurate its Account Opening Week pilot scheme in Bayelsa State.
This was disclosed...
UNIDO’s $60m Programme’ll Boost Nigeria’s Industrialisation, FG Says
UNIDO’s $60m Programme’ll Boost Nigeria’s Industrialisation, FG Says
The Federal Government has said that the new UNIDO Country Programme (2018-2022) will help Nigeria to achieve...
T-bills: Investors Defy Interest-rate Crash, Invest N533.93bn
T-bills: Investors Defy Interest-rate Crash, Invest N533.93bn
Investors have oversubscribed to the Treasury Bills auctioned by the Central Bank of Nigeria to the tune of...
AfDB Okays $210m For Nigeria’s Power Transmission Projects
AfDB Okays $210m For Nigeria’s Power Transmission Projects
The board of the African Development Bank has approved $210m (N64.26bn at the official exchange rate of...
