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Thursday, April 18, 2019

Wema Bank Targets N1trn Capital Base In Next Few Years

Wema Bank Targets N1trn Capital Base In Next Few Years Buoyed by its 2018 financials and performance in which it prescribed the payment of 3kobo...

AfDB Okays $15m To Support Infrastructure Financing In Nigeria

AfDB Okays $15m To Support Infrastructure Financing In Nigeria The Board of the African Development Bank has approved a $15m investment package for the Infrastructure...

As Stock Market Rises Further, Investors Gain N84bn

As Stock Market Rises Further, Investors Gain N84bn Investors in the country’s stock market gained N84bn on Wednesday’s trading session as the market capitalisation of...

Nigeria, 4 Others To Get $20m To Fund Solar Projects

Nigeria, 4 Others To Get $20m To Fund Solar Projects   Nigeria has been listed among five countries to benefit from the $20 million Africa Enterprise...

Fixed Income, Currency Markets Transactions Gain 51% Rise To N29trn

Fixed Income, Currency Markets Transactions Gain 51% Rise To N29trn More investors are turning to the fixed income and currency (FIC) markets as the market...
Agriculture

We’ve Saved $21bn On Food Imports – FG

We’ve Saved $21bn On Food Imports - FG The Federal Government on Tuesday announced that Nigeria saved $21bn on food imports in the last three...

N60bn Offered As Subscription Bonds By DMO

N60bn Offered As Subscription Bonds By DMO   The Debt Management Office has offered N60bn bonds for subscription in the Federal Government bond auction this month. The...

Accountant-General: FG Saved N37bn Adhering To Promotion Arrears Template

Accountant-General: FG Saved N37bn Adhering To Promotion Arrears Template   The Accountant-General of the Federation, Alhaji Ahmed Idris, has said that the Federal Government has saved...
cbn

Apex Bank To Auction N58.5bn Treasury Bills This Week

Apex Bank To Auction N58.5bn Treasury Bills This Week   The Central Bank of Nigeria will conduct a primary market auction on Treasury bills this week,...

NECA Chides FG On Rising Debt, Subsidy Regime

NECA Chides FG On Rising Debt, Subsidy Regime The Nigeria Employers’ Consultative Association has asked the Federal Government to check the nation’s increasing debt profile...
AMCON

AMCON: N5trn Debt Recovery, Challenge To Nigerians

AMCON: N5trn Debt Recovery, Challenge To Nigerians   The Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru has reiterated that...

FG Uncovers NEPZA Officials’Attempt To Sabotage N42bn SEZ

FG Uncovers NEPZA Officials’Attempt To Sabotage N42bn SEZ The Federal Government has uncovered attempts by some officials of the Nigeria Export Processing Zone Authority to...

FG Explores Cheaper Options After Spending N722bn On Port Dredging

FG Explores Cheaper Options After Spending N722bn On Port Dredging The Federal Government has concluded plans to utilise more cost-effective options for the management of...

IMF Calls On FG To Remove Fuel Subsidy

IMF Calls On FG To Remove Fuel Subsidy The Managing Director, International Monetary Fund, Christine Lagarde, has called on the Federal Government to remove fuel...

PTAD Disburses N102.8bn To Pensioners In 15 months

PTAD Disburses N102.8bn To Pensioners In 15 months Between January 2018 and March 2019, a total of N102.82bn was paid by the Federal Government through...

N24.39tn Debt: IMF Worried Over Nigeria’s Repayment Capacity

N24.39tn Debt: IMF Worried Over Nigeria’s Repayment Capacity   The International Monetary Fund, has expressed worry over Nigeria’s ability to repay its foreign debt which had...

FG Lost N90bn To NBET’s Breach Of Procurement Act – Reps

FG Lost N90bn To NBET’s Breach Of Procurement Act - Reps   The House of Representatives has resolved to investigate the alleged breach of the Public...
Nigeria Customs Service

NCS Targets N937.28bn From Import Duty, Others This Year

NCS Targets N937.28bn From Import Duty, Others This Year The Nigeria Customs Service is targeting to generate a total revenue of N937.28bn for the government...

OMO Bills Worth N33bn To Mature This Week

OMO Bills Worth N33bn To Mature This Week   OPEN Market Operation (OMO) bills worth N33bn are expected to mature this week. The Treasury bills secondary market...

Nigeria’s Economy Slipping – World Bank

Nigeria’s Economy Slipping - World Bank The World Bank has said that the Nigerian economy has been slipping since 1995 and this continued till 2018. The...