Loans: First Bank Commits N10bn To Education
Loans: First Bank Commits N10bn To Education
First Bank of Nigeria Limited has announced that within the last year, it has supported educational institutions in...
Customs Intercepts N67m contraband In Just One Week
Customs Intercepts N67m contraband In Just One Week
The Nigeria Customs Service, Federal Operations Unit, Zone A, has announced the interception of N67m worth of...
Russia, Afreximbank To provide $1.46bn For Ajaokuta Completion
Russia, Afreximbank To provide $1.46bn For Ajaokuta Completion
The Federal Government has said the Russian government and Afreximbank will provide up to $1.46bn to fund...
NTDC Seeks N7.2trn To Effectively Promote Tourism
NTDC Seeks N7.2trn To Effectively Promote Tourism
The Nigerian Tourism Development Corporation (NTDC) has said it needs $4 billion a year and $20bn (about N7.2...
Recruitment Budget: N1.6bn For Hiring, Training, Says Customs
Recruitment Budget: N1.6bn For Hiring, Training, Says Customs
The Nigeria Customs Service has insisted that the N1.6bn allegedly paid to a consultant to conduct the...
FG Loses Over $7bn Annually To Piracy
FG Loses Over $7bn Annually To Piracy
The Federal Government loses over $7 billion on freight cost yearly to criminal activities on the nation’s territorial...
Buhari Okays Committees For N2trn Mambilla Power Plant
Buhari Okays Committees For N2trn Mambilla Power Plant
President Muhammadu Buhari, has approved the constitution of two committees for the Mambilla Hydroelectric Power Project in...
BDCs Seek Stake In $25bn Diaspora Remittances
BDCs Seek Stake In $25bn Diaspora Remittances
The Association of Bureaux De Change Operators of Nigeria has said the BDCs should be one of the...
NBET Owes Power Producers Over N1trn – Gencos
NBET Owes Power Producers Over N1trn - Gencos
Power producers in the country have said they are owed at least N1tn by the Nigerian Bulk...
NEPZA: Panel Investigates N14.3bn Fund Moved To Private Account
NEPZA: Panel Investigates N14.3bn Fund Moved To Private Account
The Federal Government has set up a committee to look into the transfer of N14.37bn from...
In 2019, Onne Port Customs Recorded N107.3bn Revenue
In 2019, Onne Port Customs Recorded N107.3bn Revenue
The Nigeria Customs Service, Area II Command, Onne Port, Rivers State, said on Thursday that it generated...
Customs Generate N1.34trn, Surpasses Target By N403bn
Customs Generate N1.34trn, Surpasses Target By N403bn
The Nigeria Customs Service generated a total of N1.34tn revenue for the government in the 2019 fiscal year.
The...
NCC, Infracos To Raise N265bn For Broadband Infrastructure
NCC, Infracos To Raise N265bn For Broadband Infrastructure
The Nigerian Communications Commission and a consortium of infrastructural companies say they will raise N265bn for the...
Procurement Process May Slow N2.4trn Capital Releases
Procurement Process May Slow N2.4trn Capital Releases
Bureaucracy associated with the public procurement process may slow the release of funds for the implementation of the...
Nigerian Banks Spent N200bn Preventing Cyber Attacks In 2019
Nigerian Banks Spent N200bn Preventing Cyber Attacks In 2019
Nigerian banks were estimated to have spent about N200billion preventing various forms of cyber attacks on...
AfDB Okays $20m For Nigeria, Others
AfDB Okays $20m For Nigeria, Others
The board of directors of the African Development Bank has approved a $20m investment in the Metier Sustainable Capital...
Nigeria Loses $2.75bn to Vandals, Oil Thieves – Report
Nigeria Loses $2.75bn to Vandals, Oil Thieves - Report
A group known as Partner for Petroleum & Energy Sector Prosperity Initiative (P-PESPI) has called on...
Despite Electricity Tariff Hike, FG To Fund N545bn Deficit
Despite Electricity Tariff Hike, FG To Fund N545bn Deficit
Although the regulator plans to increase electricity tariffs on April 1, it says the amount of...
Manufacturers Generate N1.67trn From Exports In 9 Months
Manufacturers Generate N1.67trn From Exports In 9 Months
Between January and September 2019, manufacturers earned a total of N1.67tn through exports of manufactured products.
The N1.67tn...
Discos’ Yearly Revenue Collection Hits N466bn
Discos’ Yearly Revenue Collection Hits N466bn
Power distribution companies have set a new record of N466bn in their yearly revenue collection, the Association of Nigerian...
