28 C
Abuja
Monday, February 18, 2019
Dr Yemi Kale NBS Statistician General

Investment Inflow Rose By $4.5bn In 2018 –NBS

Investment Inflow Rose By $4.5bn In 2018 –NBS The National Bureau of Statistics(NBS) has released the Capital Importation report for 2018 with the economy attracting...

FG Allays Concerns About Oil Price Volatility In 2019 Budget

FG Allays Concerns About Oil Price Volatility In 2019 Budget Notwithstanding the volatility recorded by crude oil price since December last year, the federal government...

Firm Advocates Tax Concession for Hospitality Businesses

Firm Advocates Tax Concession for Hospitality Businesses   The Managing Director of Jumia hotel and flight services, Omolara Adagunodo, has called on the federal government to...

Good Governance: MacArthur Foundation Commits Over N12.3bn On Nigeria

Good Governance: MacArthur Foundation Commits Over N12.3bn On Nigeria   The MacArthur Foundation has committed not less than $34.2m or N12.3bn between 2017 and 2018 as...

Nigeria Spends $10bn Yearly To Import Welders For Various Economic Sectors

Nigeria Spends $10bn Yearly To Import Welders For Various Economic Sectors   On the average, Nigeria spends $10bn every year to import certified welders engaged in...

As Stock Investors Lose N4.3trn, Analysts Expect Rally After Election

As Stock Investors Lose N4.3trn, Analysts Expect Rally After Election   Investors in the nation’s stock market have lost a total of N4.30tn in just over...

FG Recovers N1.2trn Roylty Arrears, May Revoke Debtor Licences

FG Recovers N1.2trn Roylty Arrears, May Revoke Debtor Licences   Nigeria’s Minister of State for Petroleum Resources, Dr. Emmanuel Kachikwu, disclosed that the Federal Government had...

NCR To Boost MSMEs Lending By Over N1.23tn

NCR To Boost MSMEs Lending By Over N1.23tn   The Central Bank of Nigeria has said that the National Collateral Registry would boost lending by financial...

Minimum Wage: Workers Lobby Senators To Approve N30,000

Minimum Wage: Workers Lobby Senators To Approve N30,000   Workers at the National Assembly, under the auspices of the Parliamentary Staff Association of Nigeria, are lobbying...

In January, Nigeria’s Portfolio Inflows Rise To $1.32bn

In January, Nigeria’s Portfolio Inflows Rise To $1.32bn   Nigeria recorded significant increase in capital importation via foreign portfolio investors (FPI) in the investors’ and exporters’...

FIRS To Auction Properties Of 52 Firms Over N3.4bn Tax Debt

FIRS To Auction Properties Of 52 Firms Over N3.4bn Tax Debt   The Federal Inland Revenue Service is to dispose of the properties of 52 companies...

FG Budgets N50bn For National Library Reconstruction

FG Budgets N50bn For National Library Reconstruction   The Federal Ministry of Education has set aside N50bn to rebuild the dilapidated National Library headquarters in Abuja. The...

To Service Debt For 39 Months, Nigeria Spends N5.468tn

To Service Debt For 39 Months, Nigeria Spends N5.468tn Reports shows that in 39 months, the country spent a total of N5.468tn on servicing domestic...

FG Targets $30bn Annually From ‘MINE’ Project

FG Targets $30bn Annually From ‘MINE’ Project   The Federal Government has signed an agreement with investors on a project tagged: Made in Nigeria for Exports...

FG To Approve N350bn To Settle Exporters’ Debt Through Issue Promissory Note

FG To Approve N350bn To Settle Exporters’ Debt Through Issue Promissory Note   the Executive Director/Chief Executive Officer, Nigerian Export Promotion Council, Mr Olusegun Awolowo, on...

N8.63trn Pension Fund Assets Not Under Threat Says PenCom DG

N8.63tn Pension Fund Assets Not Under Threat Says PenCom DG   the acting Director-General, National Pension Commission, Aisha Dahir-Umar, on Thursday, said that the Pension Fund...

FG Recorded Fiscal Deficit Of N910bn In 3months — CBN

FG Recorded Fiscal Deficit Of N910bn In 3months — CBN   The Federal Government recorded a fiscal deficit of N910.41bn in the fourth quarter of 2018,...

2019 Budget Not Likely To Meet Target – ICAN Boss

2019 Budget Not Likely To Meet Target - ICAN Boss   The President, Institute of Chartered Accountants of Nigeria (ICAN), Alhaji Rasaq Jaiyeola, has said that...

Investors To Inject $90bn Into Nigeria’s Economy – NIPC

Investors To Inject $90bn Into Nigeria’s Economy – NIPC   Between January and December last year, the Nigerian economy recorded a total investment commitment of $90bn...

FG Commences Savings Bond Auction

FG Commences Savings Bond Auction   The Federal Government has commenced the auction of its savings bond for February this year. A savings bond is targeted at...