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Saturday, November 23, 2019

500,000 N-Power Beneficiaries Receive N360bn

500,000 N-Power Beneficiaries Receive N360bn   The Federal Government has paid 500,000 graduates who are engaged in its N-Power scheme a total of N360bn within two...
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...

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...

Naira in Mess, Now N345/$ in parallel market

The Naira has suffered its biggest daily depreciation against the dollar as the exchange rate rose to N345 per dollar in the parallel market. This...
Naira Dollar

Naira Slips to 485 to a Dollar

Naira has slipped to 485 to a dollar today, Friday, 30 September at the parallel market following the scarcity of the foreign exchange in...
Kemi Adeosun Finance Minister

IMF Not Troubled About Nigeria’s Debt – Adeosun

IMF Not Troubled About Nigeria’s Debt - Adeosun   The Minister of Finance, Mrs. Kemi Adeosun, has said that the International Monetary Fund is not troubled...

Yobe Approves N1.2 Billion for Agric, Health and Energy Projects

The Yobe State government has approved a total of N1, 198, 975, 318.00 for the execution of various projects in agriculture, healthcare, and rural...

Buhari: NBS Data Show We’re Making Progress

Buhari: NBS Data Show We're Making Progress President Muhammadu Buhari says the recent data reeled out by the National Bureau of Statistics show that his...

Ex-CBN Chief Canvasses N500bn National Venture Capital Fund

Ex-CBN Chief Canvasses N500bn National Venture Capital Fund   A former Deputy Governor of the Central Bank of Nigeria, Prof. Kingsley Moghalu, has called for the...

Nigeria Generates N5.2bn From Limestone Licensing

Nigeria Generates N5.2bn From Limestone Licensing The Federal Ministry of Mines and Steel Development has said that the country generated N5.2bn from limestone licensing and...

W/Bank Earmarks $4bn For 36 States

W/Bank Earmarks $4bn For 36 States   The World Bank has earmarked about $4bn for poverty eradication, erosion control, human capital development and health-related issues in...
Naira Dollar

Naira Remains at 470 as Dollar Shortage Continues

The naira closed flat at 470 against the United States dollar on Monday, the same level it recorded on Friday. The naira had plunged to...

Govt’s Pension Liability Climbs To N67bn

Govt’s Pension Liability Climbs To N67bn It definitely sounds alarming, but it’s not fake news. The Federal Government’s liability on accrued pension to its employees...

Frequent Electricity Tariff Hike Despite N123bn Bailout Is Injustice — Dogara

Frequent Electricity Tariff Hike Despite N123bn Bailout Is Injustice — Dogara   The Speaker of the House of Representatives, Mr Yakubu Dogara, said on Monday that...

PMI Rises To 45.8 From 43.7 Index Points-CBN

The Purchasing Managers Index (PMI) rose to 45.8 index points in May from the 43.7 in April, the Central Bank of Nigeria (CBN) has...
cbn

CBN to Release Flexible Exchange Rate Policy Today

…shifts capital adequacy compliance date for banks The new flexible exchange rate policy will be released today, the Acting Director, Corporate Communications of the Central...

FG Set To Auction Long Term Bonds At 14 %

FG Set To Auction Long Term Bonds At 14 %   As part of capital raising for the 2019 Budget, the Debt Management Office (DMO) is...

CBN To Sell N109.7bn Treasury Bills

CBN To Sell N109.7bn Treasury Bills The Central Bank of Nigeria is scheduled to hold a Primary Market Auction on Thursday, offering N109.7bn worth of...

Companies’ Tax Profiles Under Review- FG

Companies’ Tax Profiles Under Review- FG The Minister of Finance, Mrs. Kemi Adeosun, has said the Federal Government is reviewing the tax profiles of companies...

CBN actions harming economy- First Bank CEO

Managing Director and Chief Executive Officer of First Bank of Nigeria Limited, Bisi Onasanya, has warned that recent actions of the Central Bank of...