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Monday, July 13, 2020

CBN Lends N660bn To Banks For Liquidity Control

CBN Lends N660bn To Banks For Liquidity Control     Commercial banks and merchant banks have accessed N660 billion loans from the Central Bank of Nigeria (CBN)...

Power Crises: More Electricity Woes As Tariff Shortfall Heads To N822bn

Power Crises: More Electricity Woes As Tariff Shortfall Heads To N822bn     Against the backdrop of the recent reversal of the new electricity tariff take-off,, the...

Why Budget Increased Despite Dropping Revenues – Presidency

Why Budget Increased Despite Dropping Revenues – Presidency   The Senior Special Assistant to the President on National Assembly Matters (House of Representatives), Umar El-Yakub, has...

Nigerians Believe Rising Inflation’ll Weaken Economy – CBN

Nigerians Believe Rising Inflation’ll Weaken Economy – CBN     Many Nigerians believe that rising inflation will lead to a weaker economy, according to a survey by...

West African Carriers Spend $1bn Annually On Aircraft Maintenance

West African Carriers Spend $1bn Annually On Aircraft Maintenance     Airlines in West Africa spend over $1 billion on offshore maintenance of their aircraft, Accountable Manager,...

ABCON Calls For Suspension Of Taxes, Tariff Hike

ABCON Calls For Suspension Of Taxes, Tariff Hike   Association of Bureaux De Change Operators of Nigeria (ABCON), has called on the Federal Government to suspend...

Customs Generate N17.565bn From Undervalued, Smuggled Items

Customs Generate N17.565bn From Undervalued, Smuggled Items   The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service at the weekend reported that it...

Federation Account: How FG, States, LGcs Shared N7.8tr in 2019… Delta, Lagos and Kano...

Federation Account: How FG, States, LGcs Shared N7.8tr in 2019 … FG Received N3.38tr, States/LGCs Got N4.41tr  ...Highest Allocations: Delta N282bn, Lagos N270bn, Kano N181bn ...Lowest...

Nigeria’s Excess Crude Account Drops To $72m

Nigeria’s Excess Crude Account Drops To $72m   Nigeria’s Excess Crude Account (ECA) now stands at $72 million as the country continues to grapple with an...

Buhari Signs N10.8trn Revised Budget Today – Minister

Buhari Signs N10.8trn Revised Budget Today - Minister   The Minister of Finance, Budget and National Planning, Zainab Ahmed, met with the leadership of the National...
electricity

Capped Tariff Costing DisCos N14bn Monthly

Capped Tariff Costing DisCos N14bn Monthly     The power sector is denied N13.9bn revenue monthly as a result of the capping on estimated electricity bills by...

Nigeria’s Debt Now N28.63trn

Nigeria’s Debt Now N28.63trn     Nigeria’s total debt portfolio stands at N28.63trillion as at 31st March, 2020, the National Bureau of Statistics has disclosed. Its website report...

NDDC’s IMC Spent N81.5bn In Eight Months, Says Senate Panel

NDDC’s IMC Spent N81.5bn In Eight Months, Says Senate Panel     The Interim Management Committees (IMC) of the Niger Delta Development Commission (NDDC) spent N81.5 billion...

In Kaduna, Customs Impound Contrabands Worth N1.667bn

In Kaduna, Customs Impound Contrabands Worth N1.667bn   The Comptroller, Federal Opýerations Unit (FOU) Zone B Kaduna State of the Nigeria Customs Service, Mustapha Sarkin- Kebbi,...

NNPC Remits N1.7trn To FAAC In One Year

NNPC Remits N1.7trn To FAAC In One Year   The Nigerian National Petroleum Corporation (NNPC) paid about N1.7 trillion to the Federation Account Allocation Committee (FAAC),...

Currency In Circulation Declined To N2.29trn – CBN

Currency In Circulation Declined To N2.29trn - CBN   Currency in circulation dropped by N52.5bn from N2.35tn at the end of May to N2.29tn in June,...

FG Okays N109bn Contracts For Four Roads, Hostel

FG Okays N109bn Contracts For Four Roads, Hostel     The Federal Government on Wednesday approved different contracts on roads and others totalling N109.187bn. The approvals for the...

Fed Govt Kick-starts 2021 Budgetary Process

Fed Govt Kick-starts 2021 Budgetary Process   The federal government has commenced preparation of its 2021 budget, as the Ministry of Finance, Budget and National Planning...

5.7% Of Nigerian Households Receive Remittances From Abroad — NBS

5.7% Of Nigerian Households Receive Remittances From Abroad — NBS   The Nigeria Bureau of Statistics (NBS) yesterday, said that six out of 100 households in...

Customs Intercept Goods Worth N1.2bn

Customs Intercept Goods Worth N1.2bn     The Northcentral Zone of the Nigeria Customs Service (NCS) yesterday said it has seized contraband goods worth N1.2 billion from...
Live Covid-19
United States 3,440,823
Cases: 3,440,823
Deaths: 137,876
Recovered: 1,522,966
Active: 1,779,981
Brazil 1,867,841
Cases: 1,867,841
Deaths: 72,234
Recovered: 1,213,512
Active: 582,095
India 906,380
Cases: 906,380
Deaths: 23,727
Recovered: 571,398
Active: 311,255
Russia 733,699
Cases: 733,699
Deaths: 11,439
Recovered: 504,021
Active: 218,239
Peru 326,326
Cases: 326,326
Deaths: 11,870
Recovered: 217,111
Active: 97,345
Chile 317,657
Cases: 317,657
Deaths: 7,024
Recovered: 286,556
Active: 24,077
Spain 300,988
Cases: 300,988
Deaths: 28,403
Recovered:
Active: 272,585
Mexico 299,750
Cases: 299,750
Deaths: 35,006
Recovered: 184,764
Active: 79,980
United Kingdom 290,133
Cases: 290,133
Deaths: 44,830
Recovered:
Active: 245,303
South Africa 276,242
Cases: 276,242
Deaths: 4,079
Recovered: 134,874
Active: 137,289
Iran 259,652
Cases: 259,652
Deaths: 13,032
Recovered: 222,539
Active: 24,081
Pakistan 251,625
Cases: 251,625
Deaths: 5,266
Recovered: 161,917
Active: 84,442
Italy 243,230
Cases: 243,230
Deaths: 34,967
Recovered: 195,106
Active: 13,157
Saudi Arabia 235,111
Cases: 235,111
Deaths: 2,243
Recovered: 169,842
Active: 63,026
Turkey 212,993
Cases: 212,993
Deaths: 5,363
Recovered: 194,515
Active: 13,115
Germany 200,323
Cases: 200,323
Deaths: 9,137
Recovered: 185,100
Active: 6,086
Bangladesh 186,894
Cases: 186,894
Deaths: 2,391
Recovered: 98,317
Active: 86,186
France 170,752
Cases: 170,752
Deaths: 30,004
Recovered: 78,388
Active: 62,360
Colombia 150,445
Cases: 150,445
Deaths: 5,307
Recovered: 63,451
Active: 81,687
Canada 107,807
Cases: 107,807
Deaths: 8,787
Recovered: 71,645
Active: 27,375
Qatar 103,598
Cases: 103,598
Deaths: 147
Recovered: 99,743
Active: 3,708
Argentina 100,166
Cases: 100,166
Deaths: 1,859
Recovered: 44,173
Active: 54,134
China 83,602
Cases: 83,602
Deaths: 4,634
Recovered: 78,648
Active: 320
Egypt 82,070
Cases: 82,070
Deaths: 3,858
Recovered: 24,419
Active: 53,793
Iraq 79,735
Cases: 79,735
Deaths: 3,250
Recovered: 46,998
Active: 29,487
Indonesia 76,981
Cases: 76,981
Deaths: 3,656
Recovered: 36,689
Active: 36,636
Sweden 74,898
Cases: 74,898
Deaths: 5,526
Recovered:
Active: 69,372
Ecuador 67,870
Cases: 67,870
Deaths: 5,047
Recovered: 30,283
Active: 32,540
Belarus 65,114
Cases: 65,114
Deaths: 468
Recovered: 55,492
Active: 9,154
Belgium 62,707
Cases: 62,707
Deaths: 9,782
Recovered: 17,196
Active: 35,729