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Sunday, July 21, 2019

FG Spent N610.2bn Servicing N13trn Domestic Debts In Q1, 2019

FG Spent N610.2bn Servicing N13trn Domestic Debts In Q1, 2019 Within a three- month period, covering January to March this year, the Federal Government spent...

As TSA Implementation Swells FG’s Account

As TSA Implementation Swells FG’s Account   The implementation of the Treasury Single Account since 2015 has redefined the revenue generation and savings of the federal...

How Campaign Against Waste Saved N46b In 2019 Budget

How Campaign Against Waste Saved N46b In 2019 Budget A joint campaign against wasteful and frivolous items and appropriations that have become routine in the...

Manufacturers Object FG’s Planned Increase In VAT And Taxation

Manufacturers Object FG’s Planned Increase In VAT And Taxation Manufacturers and providers of goods and services under the aegis of Nigeria Employers’ Consultative Association (NECA)...

Nigeria Loses N6trn Yearly To Apapa Gridlock, NECA Says

Nigeria Loses N6trn Yearly To Apapa Gridlock, NECA Says   A survey conducted by the organized private sector has revealed that Nigeria losses about N3.06 trillion,...

Total’s Ikike Project Gulps $500m – NCDMB

Total’s Ikike Project Gulps $500m - NCDMB   The Nigerian Content Development and Monitoring Board, (NCDMB) has said the execution of Total Exploration and Production Nigeria’s...

DFID, GSMA Release £38m Fund for Nigeria, Others

DFID, GSMA Release £38m Fund for Nigeria, Others   The Department for International Development is partnering with the Global System for Mobile Communication Association to invest...

In 12 Months, FG Generates N39bn From Passport Issuance, Others

In 12 Months, FG Generates N39bn From Passport Issuance, Others The Nigeria Immigration Services generated a total of N39.06bn through issuance of passports and other...

Under Buhari, External Debt Rises By $15.3bn

Under Buhari, External Debt Rises By $15.3bn   The nation’s external debt stock rose by 148 per cent in almost four years of the President Muhammadu...
cbn

Currency-in-Circulation Rose By 0.3% To N2.159trn

Currency-in-Circulation Rose By 0.3% To N2.159trn At N2.159trn, currency-in-circulation, on month-on-month basis, rose by 0.3 per cent at the end of April 2019, the Central...

Afreximbank Targets $40bn Deals

Afreximbank Targets $40bn Deals The organisers of the Second Intra-African Trade Fair (IATF2020) expect it to surpass the achievements of the inaugural trade fair held...

In June, Inflation Rate Drops To 11.22%

In June, Inflation Rate Drops To 11.22%   The National Bureau of Statistics on Monday released the consumer price index, which measures inflation with the index...

In 3months, NCC Remits N51.3bn To FG

In 3months, NCC Remits N51.3bn To FG The Nigerian Communications Commission says it remitted N51.3bn to the Consolidated Revenue Fund of the Federal Government in...

Audit Reveals $652m Needed To Reactivate, Complete Ajaokuta Steel Plant

Audit Reveals $652m Needed To Reactivate, Complete Ajaokuta Steel Plant An audit conducted by Nigerian and Ukrainian experts showed that a total of $652m is...

Expert Advocates $10bn Capital Base For BOA

Expert Advocates $10bn Capital Base For BOA   The founder of the Port Harcourt Premier Business School, Dr. Silva Opuola-Charles, has said Nigeria will need to...

Loans: Govts, Oil Firms, Manufacturers Borrow N8.24trn From Banks

Loans: Govts, Oil Firms, Manufacturers Borrow N8.24trn From Banks The oil and gas sector, governments and manufacturers account for the large chunk of loans from...

Shippers Council To Audit Seaport Terminals Across Nigeria

Shippers Council To Audit Seaport Terminals Across Nigeria   Against the backdrop of several complaints from importers, clearing agents as well as the need to drive...
Nigeria Customs Service

In 6 Months, Apapa Customs Records $46.6m Export, N203.3bn Revenue

In 6 Months, Apapa Customs Records $46.6m Export, N203.3bn Revenue The Apapa Area Command of the Nigeria Customs Service (NCS), Thursday announced that it generated...

MAN Urges FG To Stop 50% VAT Increase

MAN Urges FG To Stop 50% VAT Increase   The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to jettison the idea of...

TSA: FG Generates N10trn From 1,674 MDAs

TSA: FG Generates N10trn From 1,674 MDAs Since the start of the implementation of the Treasury Single Account in 2012, the Federal Government has collected...