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Monday, July 13, 2020

In Nine Months, Farmers Earned N201bn From Exports

In Nine Months, Farmers Earned N201bn From Exports   Farmers in the country earned a total of N201. 66bn from export of agricultural products between January...
Naira Dollar

Naira Hits All Time-Low At 334.50/dollar

The naira fell against the dollar at the interbank foreign exchange market to an all-time low of 334.50 on Wednesday, a day after the...

DisCos Lost N931bn In 4 Years – PwC

DisCos Lost N931bn In 4 Years – PwC   Electricity distribution companies in the country posted a total loss of N931bn from 2014 to 2017, PwC...

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...

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...

FG Receives N817bn From Total, Chevron, CNOOC In One Year

FG Receives N817bn From Total, Chevron, CNOOC In One Year THE Federal Government received $2.68 billion, about N817.4 billion, from Total, Chevron and China National...

AfDB To Invest $250m On Water, Sanitation In FCT

AfDB To Invest $250m On Water, Sanitation In FCT   The African Development Bank (AfDB) has revealed plans to invest $250 million in the Federal Capital...

Between Banking Reformation and National Transformation

In July 2014, it will be ten years since Professor Charles Chukwuma Soludo, a brilliant academic-cum-development expert, former Governor of Central Bank of Nigeria...

IMF Predicts Slower Economic Growth In 2019, As GDP Drops To 2%

IMF Predicts Slower Economic Growth In 2019, As GDP Drops To 2% Against the backdrop of the recent drop in global crude oil prices, the...

Real Estate, Construction Firm’s Non-performing Loans Now N136.05bn

Real Estate, Construction Firm’s Non-performing Loans Now N136.05bn     The total non-performing loans of real estate and construction firms rose by N33.31bn from N102.74bn at the...
Pencom

Pension Assets Hit N8.23tn Increase

Pension Assets Hit N8.23tn Increase Total assets under the Contributory Pension Scheme rose to N8.23tn at the end of the second quarter of 2018, figures...

In 12 Months, Foreign Debt Servicing Gulps $1.66bn

In 12 Months, Foreign Debt Servicing Gulps $1.66bn   Servicing the nation’s external debt gulped $1.66bn in one year, from July 2018 to June 2019, an...

FG Disbursed N7.3tn For Recurrent, Capital Expenditure In 2018 – CBN

FG Disbursed N7.3tn For Recurrent, Capital Expenditure In 2018 – CBN Between January and December last year, the Federal Government spent about N7.3tn on the...

Banks Get N638.89bn Pension Funds From PFAs

Banks Get N638.89bn Pension Funds From PFAs Pension Funds Administrators (PFAs) have invested N638.89bn pension funds in the banking industry as of the end of...

Increased Revenue Is Needed To Service Loans, Others – DMO

Increased Revenue Is Needed To Service Loans, Others – DMO   The Director-General, Debt Management Office, Mrs Patience Oniha, has said that borrowing is necessary to...

Nigeria’s development depends on prompt tax payment – FIRS boss

Chairman, Federal Inland Revenue Services (FIRS) Mrs Ifueko Omoigui-Okauru, has said that the achievement of the country’s developmental drive is dependent on prompt tax...
cbn

MPC: MAN wants CBN to reduce lending rate

The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to drop the lending rate from 14 per cent...

AMCON Bill Ready for Presidential Approval

The Asset Management Corporation of Nigeria (AMCON) Bill has finally been passed, following its harmonization by the Committee set up by the two chambers...

Customers Can Exchange Mutilated Notes After Deadline – CBN

Customers Can Exchange Mutilated Notes After Deadline - CBN   The Central Bank of Nigeria (CBN) has said members of the public can continue to return...

IMF Cautions CBN Over Multiple Exchange Rate , Loan Policy

IMF Cautions CBN Over Multiple Exchange Rate , Loan Policy     The International Monetary Fund (IMF) on Wednesday cautioned the Central Bank of Nigeria (CBN) over...
Live Covid-19
United States 3,441,503
Cases: 3,441,503
Deaths: 137,947
Recovered: 1,534,925
Active: 1,768,631
Brazil 1,867,841
Cases: 1,867,841
Deaths: 72,234
Recovered: 1,213,512
Active: 582,095
India 906,612
Cases: 906,612
Deaths: 23,727
Recovered: 571,526
Active: 311,359
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 214,001
Cases: 214,001
Deaths: 5,382
Recovered: 195,671
Active: 12,948
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