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Saturday, January 18, 2020
AGF Ahmed Idris

FG, States And Lgc’s Share N558.082 Billion As Revenue For The Month Of September...

The sum of  N558.082 has been shared as FACC allocation among the Federal, States and Local Government Councils  for  the month of September  2017. The...

FAAC Shares N630.732Bn in July

Good times may just be here for beneficiaries of the federation account as there was relative increase in the distributable revenue for the month...

CCTV Cameras for 2011 Elections

The Independent National Electoral Commission (INEC) is billed to install Closed-Circuit Television (CCTV) cameras in critical polling units to deter rigging and criminal activities...

Financial Statements: 38 Firms Get N429.5m NSE Fines

Financial Statements: 38 Firms Get N429.5m NSE Fines   The Nigerian Stock Exchange imposed a total of N429.5m in fines on companies that failed to file...
NBS National Bureau of Statistics

Nigeria’s Q1 Capital Importation hits $6.3bn

Nigeria’s Q1 Capital Importation hits $6.3bn The first quarter in 2018 saw a continuous growth in total Capital Importation into Nigeria, as the total value...

FAAC Table: The Sharing of N496bn to FG, States, LGCs in April 2017

FAAC Table: The Sharing of N496bn to FG, States, LGCs in April 2017 The Federation Account Allocation Committee (FAAC) shared a total sum of N496bn...
NBS National Bureau of Statistics

Nigeria Recorded N15.69trn Deficit In Manufactured Goods In 3yrs – NBS

Nigeria Recorded N15.69trn Deficit In Manufactured Goods In 3yrs - NBS Nigeria recorded N15.69tn deficit in manufactured goods in 3yrs Nigeria recorded a total of...

Power Distributors To Pay Interest On N120bn Debt

Power distribution companies are going to start paying interest on the debt they owe the electricity Market Operator since the commencement of the Transitional...

In 3Years, States Raise Domestic Debt By N1.64tn

In 3Years, States Raise Domestic Debt By N1.64tn The resort to borrowing by the country to finance virtually everything has become worrisome to many analysts,...

Stocks Shed N236bn, As Unity Bank, Wapic, Unic Top Losers

Stocks Shed N236bn, As Unity Bank, Wapic, Unic Top Losers   The Nigerian equities market declined by N236bn on Wednesday after 23 stocks closed in red,...

Nigeria’s Crude Oil Export Falls By 1.6m Barrels In May

Nigeria’s Crude Oil Export Falls By 1.6m Barrels In May   Nigeria’s crude oil export fell by 1.6 million barrels in May, representing a 6.8 per...

Nigeria Earned N34 Trillion in 10years of Democracy

Nigeria is not poor. It is a very rich oil producing country earning trillions of Naira in revenue from the oil and non-oil sectors of...

Iron and Steel Imports Gulps N589.41 billion in 18 months- Investigation

The neglect and lack of political will to resuscitate the abandoned Ajaokuta Steel Company Limited (ASCL) and other inland rolling mills in the country...

Inflation Refuses to Deflate, hits 18.72%

The National Bureau of Statistics (NBS), says Consumer Price Index (CPI), which measures inflation again rose by 18.72 per cent (year-on-year) in January from...
cbn

CBN Liquidity Mop Up To Persist As N262bn Hits Interbank Market

CBN Liquidity Mop Up To Persist As N262bn Hits Interbank Market   As part of its liquidity management system, the Central Bank of Nigeria (CBN) is...

Petrol Subsidy Now N47.5/litre As Oil Price Hits $67.86

Petrol Subsidy Now N47.5/litre As Oil Price Hits $67.86   The subsidy on Premium Motor Spirit, popularly known as petrol, has risen to N47.5 per litre...

FAAC Shares N462bn for May 2017

The Federation Account Allocation Committee has shared a sum of N462.359 billion to the Federal Government, State Governments and Local Government Councils. The statutory allocation...

Excess Crude: How They Share N143.6bn in December 2011

The Economic Confidential provides here the table of the distribution of N143.6bn from Foreign Excess Crude savings account being difference between the budgeted &...

Nigeria Spends N643.6bn On Domestic Debt Servicing

Nigeria Spends N643.6bn On Domestic Debt Servicing The Federal Government spent N643.6 billion on servicing the nation’s domestic debt for January to March, the Debt...