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Friday, January 19, 2018

 FG To Borrow Additional $700m From Multilateral Agencies Says DMO

FG To Borrow Additional $700m From Multilateral Agencies Says DMO The Debt Management Office (DMO) has revealed that the outstanding amount of $700 million in...

FG PAYS N11 Billion to YouWiN! AWARDEES

FG PAYS N11 Billion to YouWiN! AWARDEES The Federal Government has disbursed the total sum of N10, 995, 391, 260 billion to the beneficiaries of...
Naira Dollar

Despite CBN Injections Naira Weakens To 364/dollar

Despite CBN Injections Naira Weakens To 364/dollar The naira weakened to 364 per United States dollar at the parallel market on Monday, despite the injection...

Microinsurance Firms’ Capital Base Cut Down To N40m By NAICOM

Microinsurance Firms’ Capital Base Cut Down To N40m By NAICOM   The National Insurance Commission has reduced the minimum capital base for microinsurance companies from N150m to...
NEITI

NEITI: NNPC Illegally Withholding $16bn NLNG Dividends

NEITI: NNPC Illegally Withholding $16bn NLNG Dividends The Nigerian National Petroleum Corporation (NNPC) has yet to provide documentary evidence to show that the presidency actually...
cbn

CBN injects $210m into Forex Market

The Central Bank of Nigeria (CBN) has injected another sum of $210million into the inter-bank Foreign Exchange Market, to meet customers’ requests in various...

Nigeria Has Attracted $6.8bn Investments In 9 Months – NBS

Nigeria Has Attracted $6.8bn Investments In 9 Months – NBS The nation attracted $6.85bn worth of investments in the first nine months of 2017; while...

Equities Gain N1.5tn On Sustained Rally

Equities Gain N1.5tn On Sustained Rally The Nigerian equities market recorded an unprecedented surge of 10.2 per cent last week against the backdrop of rising...

FG, Others Share N6.2tr Statutory Allocation Funds In 2017

FG, Others Share N6.2tr Statutory Allocation Funds In 2017 The Federal Government, 36 states and the 774 local government shared N6.2 trillion as statutory allocation...

Stock Market Rose To A Nine-year High As Capitalisation Hits N15.3tn

Stock Market Rose To A Nine-year High As Capitalisation Hits N15.3tn The Nigerian Stock Exchange market capitalisation hit a record high of N15.317tn from the...
Kemi Adeosun Finance Minister

N2.63tn Of Non-oil Revenue Goes Into The Federation Account In 12 months

N2.63tn Of Non-oil Revenue Goes Into The Federation Account In 12 months Gross inflows into the Federation Account have amounted to N6.14tn in 12 months,...

60 Firms Soar As Stocks Gain N517bn In One Day

60 Firms Soar As Stocks Gain N517bn In One Day The Nigerian stock market appreciated by N517bn on Wednesday as the Nigerian Stock Exchange All-...

Controversy trails $500m ChinaExim loan

Worried by the slow pace of work at the Lagos, Abuja, Kano and Port Harcourt airports, some concerned stakeholders in the Nigerian aviation industry...

Banks Borrow N404bn From CBN In Six Days

Banks Borrow N404bn From CBN In Six Days The Deposit Money Banks in the country borrowed the sum of N404bn from the Central Bank of...

2017 Budget: Debts On Federal Roads Hit N2.8tn

2017 Budget: Debts On Federal Roads Hit N2.8tn Liabilities on Federal Government’s road projects have hit N2.792tn, the Minister of Power, Works and Housing, Mr....

Equities Gain N330bn In One Session, Conoil Tops Gainers

Equities Gain N330bn In One Session, Conoil Tops Gainers The stock market opened the week on a positive trajectory as the Nigerian Stock Exchange market...

Solid Minerals Contributed N3.5bn To Federation Account In 2017

Solid Minerals Contributed N3.5bn To Federation Account In 2017 The solid minerals sector contributed N3.5bn to the Federation Account between January and November 2017, the...
CBN Governor

Nigeria’s External Reserves hit $40.4 Billion

Nigeria’s External Reserves hit $40.4 Billion …As CBN injects $210 m into interbank market As projected by the Governor, Central Bank of Nigeria (CBN), Mr. Godwin...

Stock Market: 14 Companies Raise N340bn In Rights Issue Boom

Stock Market: 14 Companies Raise N340bn In Rights Issue Boom —Lafarge Africa,Unilever, 3 Others Lead With 94% Prompted by increased investor confidence in the Nigerian...

Customs Record Highest Revenue Ever Of N1tn

Customs Record Highest Revenue Ever Of N1tn The Nigeria Customs Service announced on Thursday that it recorded its highest revenue collection ever with a total...

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