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Thursday, April 18, 2019
Agriculture

We’ve Saved $21bn On Food Imports – FG

We’ve Saved $21bn On Food Imports - FG The Federal Government on Tuesday announced that Nigeria saved $21bn on food imports in the last three...

N60bn Offered As Subscription Bonds By DMO

N60bn Offered As Subscription Bonds By DMO   The Debt Management Office has offered N60bn bonds for subscription in the Federal Government bond auction this month. The...
AMCON

AMCON: N5trn Debt Recovery, Challenge To Nigerians

AMCON: N5trn Debt Recovery, Challenge To Nigerians   The Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru has reiterated that...

FG Uncovers NEPZA Officials’Attempt To Sabotage N42bn SEZ

FG Uncovers NEPZA Officials’Attempt To Sabotage N42bn SEZ The Federal Government has uncovered attempts by some officials of the Nigeria Export Processing Zone Authority to...

FG Explores Cheaper Options After Spending N722bn On Port Dredging

FG Explores Cheaper Options After Spending N722bn On Port Dredging The Federal Government has concluded plans to utilise more cost-effective options for the management of...

PTAD Disburses N102.8bn To Pensioners In 15 months

PTAD Disburses N102.8bn To Pensioners In 15 months Between January 2018 and March 2019, a total of N102.82bn was paid by the Federal Government through...

FG Lost N90bn To NBET’s Breach Of Procurement Act – Reps

FG Lost N90bn To NBET’s Breach Of Procurement Act - Reps   The House of Representatives has resolved to investigate the alleged breach of the Public...
Nigeria Customs Service

NCS Targets N937.28bn From Import Duty, Others This Year

NCS Targets N937.28bn From Import Duty, Others This Year The Nigeria Customs Service is targeting to generate a total revenue of N937.28bn for the government...

OMO Bills Worth N33bn To Mature This Week

OMO Bills Worth N33bn To Mature This Week   OPEN Market Operation (OMO) bills worth N33bn are expected to mature this week. The Treasury bills secondary market...
cbn

CBN, Banks To Share N200bn Single-digit Loans To Creative Industry

CBN, Banks To Share N200bn Single-digit Loans To Creative Industry   The Central Bank of Nigeria (CBN) and banks, under the aegis of the Bankers’ Committee,...

Marine Plastic Pollution Costs $13bn Damage Annually

Marine Plastic Pollution Costs $13bn Damage Annually As the global shipping industry continues to tackle the menace of plastics waste on waters, facts have emerged...

Shell’s Annual Payment To Nigerian Govt Hits $6.39bn

Shell’s Annual Payment To Nigerian Govt Hits $6.39bn Royal Dutch Shell has said its subsidiaries in Nigeria paid $6.39bn to the Nigerian government and its...

PEBEC’s Claims In Tatters With New $300m Loss To Gridlock

PEBEC’s Claims In Tatters With New $300m Loss To Gridlock   Nigeria’s economic hub is Lagos State, with the busiest gateway lying situate at Apapa, one...

Nigeria’s Import Bills On Sugar, Others Down To $595m – Fashola

Nigeria’s Import Bills On Sugar, Others Down To $595m - Fashola The Minister of Power, Works and Housing, Mr. Babatunde Fashola, yesterday claimed that Nigeria...

External Reserves Rise To 6month High Of $44.14bn

External Reserves Rise To 6month High Of $44.14bn The nation’s foreign exchange reserves have increased to a six-month high of $44.14bn, data obtained from the...
Agriculture

Nigeria Spends $60m Yearly On Fish Imports

Nigeria Spends $60m Yearly On Fish Imports   Nigeria spends $60m on the importation of fish annually, the Minister of Agriculture, Chief Audu Ogbeh, has said. Ogbeh...
NNPC Towers

NNPC: Nigeria Lost N234bn To Gas Flaring In 2018

NNPC: Nigeria Lost N234bn To Gas Flaring In 2018 Oil and gas firms operating in the country flared a total of 282.08 billion standard cubic...

FAAN Forecasts N101.6bn Revenue In 2019

FAAN Forecasts N101.6bn Revenue In 2019 The Federal Aviation Authority of Nigeria has said it remitted a total sum of N1,778,611,364 to the Consolidated Revenue...

Nigeria Loses N3.5trn Annually To Poor Ports Infrastructure

Nigeria Loses N3.5trn Annually To Poor Ports Infrastructure Nigeria’s routine losses appear unending, as the Nigerian Logistics and Supply Chain Industry estimated N3.5trn yearly shortage...

FG Reopens N100bn Bond Offer This Week

FG Reopens N100bn Bond Offer This Week   The Federal Government is scheduled to reopen the APR-2023, MAR-2025 and FEB-2028 bonds for subscription by offering investors...