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Tuesday, February 25, 2020

Banking: E-payments Hit N34.02trn In 2019 Q1, Says NBS

Banking: E-payments Hit N34.02trn In 2019 Q1, Says NBS A total of 557,083,712 electronic-payment transactions valued at N34.02trn were recorded in selected banks across the...

How State House Clinic Got N1.9bn In 3 years

Mr Jalal Arabi, the Permanent Secretary, State House, has refuted media report suggesting that the State House Medical Centre (SHMC), had received N11.01billion as...
Dr Yemi Kale NBS Statistician General

NBS: Nigeria Realises N118trn From Crude Oil

The National Bureau of Statistics (NBS) says Nigeria has realised more than N118 trillion from crude production and refining from 1961. The NBS report, which...

Insurance Firms Reduce Management Expenses

Insurance Firms Reduce Management Expenses Pressure on the management of insurance firms from shareholders, industry regulator and other stake holders on the need to reduce...

Stock Market Rebounds, Records First Gain In 12 Days

Stock Market Rebounds, Records First Gain In 12 Days The nation’s stock market closed on a positive note at the end of trading on Monday...

Stocks Exchanges Collaborate For Growth, Extend Losses

Stocks Exchanges Collaborate For Growth, Extend Losses   The nation’s stock market extended its decline on Monday as 25 companies, led by Ikeja Hotel Plc, recorded...

Windfall Amidst Recession: States, LGs Share N2.6tr in 2016

Windfall Amidst Recession: States, LGs Share N2.6tr in 2016 Lagos Got N178bn, Akwa-Ibom N150bn, … Gombe and Ebonyi N46bn each A new report has disclosed that...
cbn

Federally Collected Revenue Rose By 8.9% In Q3 – CBN

Federally Collected Revenue Rose By 8.9% In Q3 - CBN   The nation’s federally collected revenue for the third quarter of this year rose by 8.9%...

In December, FSDH Anticipates Inflation Rising To 11.28%

In December, FSDH Anticipates Inflation Rising To 11.28% The FSDH Research expects the December 2018 inflation rate (year-on-year) to rise to 11.69 per cent from...

Presidency Welcomes New GDP Figures

... Says Nigerian Economy Continues to Improve Steadily with Rise in Q3 Figures  In a clear indication of ongoing progress, the Nigerian economy has improved...
IMF

IMF Predicts High Inflation for Nigeria

The International Monetary Fund (IMF) has predicted that inflation in Nigeria would remain high at two-digit levels in 2018. The IMF said this would reflect...

FAAC Table: The Sharing of N466bn to FG, States, LGCs in March 2017

FAAC Table: The Sharing of N466bn to FG, States, LGCs in March 2017 The Federation Account Allocation Committee (FAAC) shared a total sum of N466bn...

IMF Warns Nigeria, Others Over Rising Foreign Debt

The International Monetary Fund (IMF) has warned Nigeria and other countries about their rising debt profile, especially of foreign loans. Speaking yesterday at the ongoing...

How They Share N523bn in April, 2010

Gross summary of Statutory Revenue and VAT AllocationAs part of the two allocations at the meeting of the Federation Account Allocation Committee (FAAC) in...

FAAC Table: The Sharing of N430bn to FG, States, LGCs in January 2017

FAAC Table: The Sharing of N430bn to FG, States, LGCs in January 2017 The Federation Account Allocation Committee (FAAC) shared a total sum of N430bnbn...

NIMC Produces 1m National Identity Cards-DG

The National Identity Management Commission (NIMC) has produced over one million national identity cards, out of which it has issued 300,000, the Director-General of...

FAAC Table: The Sharing of N514bn to FG, States, LGCs in February 2017

FAAC Table: The Sharing of N514bn to FG, States, LGCs in February 2017 The Federation Account Allocation Committee (FAAC) shared a total sum of N514bn...

NSE: 10 Stockbroking Firms Trade N1.4tn Shares In 9months

NSE: 10 Stockbroking Firms Trade N1.4tn Shares In 9months   Stanbic IBTC Stockbrokers Limited maintained its lead on the stockbrokers’ performance chart as 10 firms facilitated...

Nigeria spends 34% of revenue on debt servicing – DMO

Nigeria spends 34% of revenue on debt servicing – DMO Nigeria spends 34 per cent of its revenues on debt servicing, the Debt Management Office...

FAAC Distributes N510.2bn in September

The Federation Account Allocation Committee (FAAC) shared the sum of N510.27 billion among the three tiers of government in September this year, being the...