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Wednesday, July 18, 2018

DMO DG: How FG’s Debt Strategy Boosts Liquidity For Real Sector

DMO DG: How FG’s Debt Strategy Boosts Liquidity For Real Sector ...Treasury Bills issuance reduced by half ...External borrowing boosts reserves by $6bn ...N830bn injected to local...

Report: Maritime Sector Operates Inefficiently, Despite N299.6bn Revenue

Report: Maritime Sector Operates Inefficiently, Despite N299.6bn Revenue Experts at Afrinvest Research Limited have called on the federal government to maximise the huge economic potential...

External Reserves Fall By $102m In 6days

External Reserves Fall By $102m In 6days The nation’s foreign exchange reserves have pared some of the gains recorded last month, falling by $102m in...

NIMASA Targets N109bn Revenue In 2018 — DG

NIMASA Targets N109bn Revenue In 2018 — DG   Dr Dakuku Peterside, Director-General of Nigerian Maritime Administration and Safety Agency says the agency is targeting N109...

FG Approves N358bn contracts For Bridges, Others

FG Approves N358bn contracts For Bridges, Others The Federal Government on Wednesday approved contracts totalling about N358bn for roads, bridges and power at a meeting...

We’ll Help To Bridge $3trn Infrastructure Gap – AFDB

We'll Help To Bridge $3trn Infrastructure Gap - AFDB   The African Development Bank (AfDB) said it would assist the Nigerian government to bridge its infrastructure...

N6bn Illegal Loan: NERC Insists IBEDC MGT, Board Remain Suspended

N6bn Illegal Loan: NERC Insists IBEDC MGT, Board Remain Suspended …DisCo gets court injunction to continue The Nigerian Electricity Regulatory Commission (NERC) still insists that the...
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...

Debt: Power Distribution Firms Owe NBET N859bn

Debt: Power Distribution Firms Owe NBET N859bn   The indebtedness of power distribution companies to the Nigerian Bulk Electricity Trading Company has risen to N859bn. As a...
cbn

CBN Recovers N60bn Illegal Charges From Commercial banks

CBN Recovers N60bn Illegal Charges From Commercial banks The Central Bank of Nigeria has facilitated the refunds of a total of N60 billion by commercial...

N5.4tn Debt: AMCON To Seize Debtors’ Assets

N5.4tn Debt: AMCON To Seize Debtors’ Assets The Asset Management Corporation of Nigeria has said that there will be no more room for negotiation with...

N20bn Underpayment: Osinbajo To Resolve NNPC, FAAC Disagreement

N20bn Underpayment: Osinbajo To Resolve NNPC, FAAC Disagreement The disagreement between the Nigerian National Petroleum Corporation and the Federation Account Allocation Committee over the alleged...

In 3years Banking Industry Fraud Hits N5.571bn

In 3years Banking Industry Fraud Hits N5.571bn   The Nigerian Electronic Fraud Forum (NeFF) has put the value of electronic banking fraud cases over the last...
NNPC Towers

In 3years Nigeria Earned N3.2tr From Royalties , PPT

In 3years Nigeria Earned N3.2tr From Royalties , PPT   The Federal Government received N3.211 trillion as Petroleum Profits Tax (PPT) and Royalties from the third...

Nigeria Losing N3tn Annually Due To PIB Delay – PWYP

Nigeria Losing N3tn Annually Due To PIB Delay - PWYP   Nigeria is losing about N3tn annually as a result of the prolonged delay in the...
cbn

Interbank Lending Falls, Govt Redeems N444bn T-Bills

Interbank Lending Falls, Govt Redeems N444bn T-Bills   There was near excess in the quantity of money in circulation last week, save for the increased mop...
NNPC Towers

NNPC: N547bn Lost In 3years

NNPC: N547bn Lost In 3years   The group monetary loss of the Nigerian National Petroleum Corporation for 2015, 2016 and 2017 is N547bn, the latest review...

Bank Debtors : AMCON Recovers N731bn In 7years

Bank Debtors : AMCON Recovers N731bn In 7years The Asset Management Corporation of Nigeria recovered N731bn from bank debtors since its inception in 2010 to...
FG

2018 Budget Deficit Hits N1.950 trn

2018 Budget Deficit Hits N1.950 trn   The federal Government budget for 2018 just assented to by President Muhammadu Buhari has an overall budget deficit of...

NERC Suspends Ibadan Disco’s Board Over N6bn Transaction

NERC Suspends Ibadan Disco’s Board Over N6bn Transaction The Nigerian Electricity Regulatory Commission on Thursday announced the suspension of the Board of Directors and other...

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