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Wednesday, July 18, 2018

9mobile Office Closed In Rivers Over N108m Unpaid Tax

9mobile Office Closed In Rivers Over N108m Unpaid Tax   The regional office of 9mobile (formerly Emerging Markets Telecommunication Service) in Rivers State has been shut...
Godwin Emefiele CBN Governor

Currency In Circulation Drops To N1.93 Trillion

Currency In Circulation Drops To N1.93 Trillion The currency in circulation fell for the third consecutive month in June, with economic experts describing it as...

DMO DG: How FG’s Debt Strategy Boosts Liquidity For Real Sector

DMO DG: How FG’s Debt Strategy Boosts Liquidity For Real Sector ...Treasury Bills issuance reduced by half ...External borrowing boosts reserves by $6bn ...N830bn injected to local...

Report: Maritime Sector Operates Inefficiently, Despite N299.6bn Revenue

Report: Maritime Sector Operates Inefficiently, Despite N299.6bn Revenue Experts at Afrinvest Research Limited have called on the federal government to maximise the huge economic potential...

Oil Sector Loses 754,000bpd To Pipeline Vandalism – NNPC

Oil Sector Loses 754,000bpd To Pipeline Vandalism - NNPC   Nigeria’s oil sector is estimated to have lost over 754,000 barrels per day (bpd) in February,...

External Reserves Fall By $102m In 6days

External Reserves Fall By $102m In 6days The nation’s foreign exchange reserves have pared some of the gains recorded last month, falling by $102m in...
Godwin Emefiele CBN Governor

Stability In Banking Sector, Key To Economic Recovery ― MPC

Stability In Banking Sector, Key To Economic Recovery ― MPC The Monetary Policy Committee of the Central Bank of Nigeria has said the stability of...

NIMASA Targets N109bn Revenue In 2018 — DG

NIMASA Targets N109bn Revenue In 2018 — DG   Dr Dakuku Peterside, Director-General of Nigerian Maritime Administration and Safety Agency says the agency is targeting N109...

FG Approves N358bn contracts For Bridges, Others

FG Approves N358bn contracts For Bridges, Others The Federal Government on Wednesday approved contracts totalling about N358bn for roads, bridges and power at a meeting...

We’ll Help To Bridge $3trn Infrastructure Gap – AFDB

We'll Help To Bridge $3trn Infrastructure Gap - AFDB   The African Development Bank (AfDB) said it would assist the Nigerian government to bridge its infrastructure...

N6bn Illegal Loan: NERC Insists IBEDC MGT, Board Remain Suspended

N6bn Illegal Loan: NERC Insists IBEDC MGT, Board Remain Suspended …DisCo gets court injunction to continue The Nigerian Electricity Regulatory Commission (NERC) still insists that the...
customs

Customs Makes 596 Impounds, Realises N8.6bn In 6months

Customs Makes 596 Impounds, Realises N8.6bn In 6months   The Nigeria Customs Service, Federal Operations Unit, Zone ‘A’ Ikeja, Lagos has realized about N8.6 billion from...

External Debt Grew By 114% Under Buhari

External Debt Grew By 114% Under Buhari   The Federal Government and the 36 states of the federation as well as the Federal Capital Territory grew...

Debt: Power Distribution Firms Owe NBET N859bn

Debt: Power Distribution Firms Owe NBET N859bn   The indebtedness of power distribution companies to the Nigerian Bulk Electricity Trading Company has risen to N859bn. As a...

Further Devaluation Of Naira Will worsen Debt Position – FSDH

Further Devaluation Of Naira Will worsen Debt Position - FSDH   Analysts at FSDH Merchant Bank Limited have said that Nigeria cannot afford another level of...

Inflation Rate Faces Risks, Say Emefiele, Others

Inflation Rate Faces Risks, Say Emefiele, Others The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said the nation may see a...
cbn

2020 Financial Inclusion Target Not Feasible, Says CBN

2020 Financial Inclusion Target Not Feasible, Says CBN   The Central Bank of Nigeria (CBN) has disclosed that the country is “not on track to meet...
cbn

CBN Recovers N60bn Illegal Charges From Commercial banks

CBN Recovers N60bn Illegal Charges From Commercial banks The Central Bank of Nigeria has facilitated the refunds of a total of N60 billion by commercial...

N5.4tn Debt: AMCON To Seize Debtors’ Assets

N5.4tn Debt: AMCON To Seize Debtors’ Assets The Asset Management Corporation of Nigeria has said that there will be no more room for negotiation with...

N20bn Underpayment: Osinbajo To Resolve NNPC, FAAC Disagreement

N20bn Underpayment: Osinbajo To Resolve NNPC, FAAC Disagreement The disagreement between the Nigerian National Petroleum Corporation and the Federation Account Allocation Committee over the alleged...

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