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Monday, February 18, 2019

FG Budgets N50bn For National Library Reconstruction

FG Budgets N50bn For National Library Reconstruction   The Federal Ministry of Education has set aside N50bn to rebuild the dilapidated National Library headquarters in Abuja. The...

FG Targets $30bn Annually From ‘MINE’ Project

FG Targets $30bn Annually From ‘MINE’ Project   The Federal Government has signed an agreement with investors on a project tagged: Made in Nigeria for Exports...

FG To Approve N350bn To Settle Exporters’ Debt Through Issue Promissory Note

FG To Approve N350bn To Settle Exporters’ Debt Through Issue Promissory Note   the Executive Director/Chief Executive Officer, Nigerian Export Promotion Council, Mr Olusegun Awolowo, on...

N8.63trn Pension Fund Assets Not Under Threat Says PenCom DG

N8.63tn Pension Fund Assets Not Under Threat Says PenCom DG   the acting Director-General, National Pension Commission, Aisha Dahir-Umar, on Thursday, said that the Pension Fund...

FG Recorded Fiscal Deficit Of N910bn In 3months — CBN

FG Recorded Fiscal Deficit Of N910bn In 3months — CBN   The Federal Government recorded a fiscal deficit of N910.41bn in the fourth quarter of 2018,...

NBET Owes Egbin Power Station N100bn Debt

NBET Owes Egbin Power Station N100bn Debt   The nation’s biggest power station, Egbin Power Plc, has said it is being owed over N100bn by the...

We Lost $9bn Annually In Agriculture Sector, Says FG

We Lost $9bn Annually In Agriculture Sector, Says FG   The Federal Government has said that due to poor investment during previous administrations, Nigeria has lost...

Foreigners, Others Withdraw N24.95bn, Quit Contributory Pension

Foreigners, Others Withdraw N24.95bn, Quit Contributory Pension   Foreign nationals have opted out of the Contributory Pension Scheme and withdrawn all their contributions from their respective...

Manufacturers Spent N246bn To Fuel Generators In Two Years — MAN

Manufacturers Spent N246bn To Fuel Generators In Two Years — MAN   Against the backdrop of the worsening public power supply, new data have emerged showing...

Foreign Shipping Companies Generate $16bn In One Year

Foreign Shipping Companies Generate $16bn In One Year   Foreign shipping companies operating in Nigeria collected freights amounting to $16.15bn in the country in 2017, our...

Dogara Intervenes In Delayed $100m W’Bank Project

Dogara Intervenes In Delayed $100m W'Bank Project The Speaker of the House of Representatives, Mr Yakubu Dogara, has directed the Chairman, House Committee on Rules...

In Six Months, DPR Collected N612bn Revenue – Report

In Six Months, DPR Collected N612bn Revenue - Report   The Department of Petroleum Resources (DPR) collected a total revenue of N612.73bn for services rendered in...

Within Eight Years, AMCON Recovered N1trn From Debtors – FG

Within Eight Years, AMCON Recovered N1trn From Debtors - FG   Since the commencement of operations of the Asset Management Corporation of Nigeria in 2010, about...
NDIC

NDIC Paid N7bn To FG In 2018, Says Ibrahim

NDIC Paid N7bn To FG In 2018, Says Ibrahim   The Nigeria Deposit Insurance Corporation on Thursday said it remitted N7bn into the Consolidated Revenue Fund...

Discos Raked In N325bn Revenue In 9months — NERC

Discos Raked In N325bn Revenue In 9months — NERC   The 11 electricity distribution companies in the country collected total revenue of N325bn from customers in...
Nigeria Customs Service

NCS Seme Command Generated N6.2bn In 2018

NCS Seme Command Generated N6.2bn In 2018   The Seme Area Command of the Nigeria Customs Service (NCS) has announced that it generated into the federal...

AfDB Okays $25m Equity Investment For Renewable Energy Projects

AfDB Okays $25m Equity Investment For Renewable Energy Projects The Board of Directors of the African Development Bank Group has approved an equity investment of...
Pencom

Micro Pension Scheme To Increase Pension Assets By N3trn – PenCom

Micro Pension Scheme To Increase Pension Assets By N3trn - PenCom The National Pension Commission (PenCom), has said the micro pension scheme which will be...

Gas-fired Buses Expected To Save Nigeria $2.5bn Annually

Gas-fired Buses Expected To Save Nigeria $2.5bn Annually The planned introduction of gas-fired buses is expected to save Nigeria over $2.5bn annually, by reducing the...

Togo, Others Owe Nigeria N37bn For Electricity – NERC

Togo, Others Owe Nigeria N37bn For Electricity - NERC Three of Nigeria’s international customers who were supplied up to 300 megawatts (MW) of electricity in...