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Tuesday, July 23, 2019

Customs Rakes In N203.3bn In Apapa, N6.7bn In Ogun

Customs Rakes In N203.3bn In Apapa, N6.7bn In Ogun The Apapa Area Command of the Nigeria Customs Service has said it generated total revenue of...

Nigeria Secures $7bn Deal From African Investment Forum — AfDB

Nigeria Secures $7bn Deal From African Investment Forum — AfDB Nigeria accounted for $7bn of the $38.7bn inflows that were secured for the African continent...

Power Distributors Owe TCN, Others N263bn

Power Distributors Owe TCN, Others N263bn Power distribution companies owe service providers, including the Transmission Company of Nigeria, a total of N263bn, our correspondent has...

FG Targets $1bn Revenue From New Gas Flare Policy

FG Targets $1bn Revenue From New Gas Flare Policy The federal government has said its new gas flare out plan – the Nigeria Gas Flare...

SON To Destroy N38m Worth Of Substandard Roofing Sheets

SON To Destroy N38m Worth Of Substandard Roofing Sheets The Standards Organisation of Nigeria is set to destroy N38m worth of substandard roofing sheets found...

Presidential Panel Demands N684bn Oil Block Renewal Fee From Mobil

Presidential Panel Demands N684bn Oil Block Renewal Fee From Mobil ...Company Denies Indebtedness   The Special Presidential Investigation Panel for the Recovery of Public Property says an...

CBN Issues N22.9bn Seed Capital For Creative Industry

CBN Issues N22.9bn Seed Capital For Creative Industry The Central Bank of Nigeria, in collaboration with the Bankers’ Committee, has provided N22.9 billion seed capital...

Customs Intercepts 140 Bundles Of Textiles Worth N11.2bn In Lagos

Customs Intercepts 140 Bundles Of Textiles Worth N11.2bn In Lagos   Customs officers attached to the Federal Operations Unit (FOU), Zone A, yesterday, said it intercepted...

Nigeria Consumes N1.2bn Worth Of Rice Daily — RIFAN

Nigeria Consumes N1.2bn Worth Of Rice Daily — RIFAN Nigeria consumes a minimum of N1.2bn worth of rice every day, the Rice Farmers Association of...
NNPC Towers

Oil Revenue Records Another Monthly Decrease Of N62bn

Oil Revenue Records Another Monthly Decrease Of N62bn The shut-ins and shutdowns of some terminals by the Nigerian National Petroleum Corporation led to another monthly...

AMCON, ICPC Partner To Recover N5trn Debt

AMCON, ICPC Partner To Recover N5trn Debt   The Chairman, Independent Corrupt Practices and Other Related Offences Commission, Prof. Bolaji Owasanoye, on Wednesday in Abuja, disclosed...

SEC To Fine Registrars N1m For Illegal Charges

SEC To Fine Registrars N1m For Illegal Charges   The Securities and Exchange Commission has vowed to slam a fine of N1m on registrars illegal charges...

FG Releases N504bn Out Of N890bn For Federal Road Constructions

FG Releases N504bn Out Of N890bn For Federal Road Constructions   The Federal Government released a total of N504.1bn out of the N890bn that was appropriated...

Gas Producers Lament Power Firms’ N1.3trn Debt

Gas Producers Lament Power Firms' N1.3trn Debt   Gas producers in the country have said power generation companies owe them a total of N1.3tn for the...

We Can’t Access N64bn Maintenance Fund – FERMA

We Can’t Access N64bn Maintenance Fund - FERMA   The Federal Road Maintenance Agency on Tuesday declared that it had been unable to access the over...

In 13 Months, NNPC Spent N956bn On Petrol Subsidy

In 13 Months, NNPC Spent N956bn On Petrol Subsidy An operations and financial report of the Nigerian National Petroleum Corporation (NNPC) has shown that the...

NCDMB Expends $160m From Nigerian Content Intervention Fund

NCDMB Expends $160m From Nigerian Content Intervention Fund The Nigerian Content Development and Monitoring Board on Monday revealed that it had so far disbursed $160m...

Insurance Sector’s Premium Rises To N400bn

Insurance Sector's Premium Rises To N400bn The Nigerian insurance sector’s premium rose by 10 per cent to N400bn in the 2018 financial period, according to...

Nigeria Losing $9bn To Foreign Ship Owners Yearly – NSC

Nigeria Losing $9bn To Foreign Ship Owners Yearly - NSC   Nigeria is losing about $9bn annually to foreign shipowners because the country has no single...

W/Bank Earmarks $4bn For 36 States

W/Bank Earmarks $4bn For 36 States   The World Bank has earmarked about $4bn for poverty eradication, erosion control, human capital development and health-related issues in...