Wednesday, January 26, 2022
Nigerian Investment Promotion Commission

NIPC Generated N11.91bn IGR In Five Years

NIPC Generated N11.91bn IGR In Five Years     The Nigerian Investment Promotion Commission (NIPC) generated a total of N11.91 billion as Internally Generated Revenue (IGR) between...
TETFUND

TETFund Supports FUD With N36m To Investigate Kidney Diseases

TETFund Supports FUD With N36m To Investigate Kidney Diseases   A team of researchers at the Federal University, Duste, has gotten a N36-million research grant to...
Airline

Airlines, Others Generate N146bn In Nine Months As Aviation Industry Rebounds

Airlines, Others Generate N146bn In Nine Months As Aviation Industry Rebounds   The relaxation of travel restrictions occasioned by the COVID19 pandemic and increased economic activities...
Pension

FG Releases N16.7bn For Accrued Pension Rights

FG Releases N16.7bn For Accrued Pension Rights   The Federal Government has released N16.67 billion for payment of accrued pension rights under the contributory pension scheme,...
Gold

Nigeria Loses $5bn To Gold Smuggling In Six Years

Nigeria Loses $5bn To Gold Smuggling In Six Years   The Federal Government says Nigeria has lost $5bn to gold smuggling activities in six years. The Minister...
Central Bank of Nigeria

CBN Disburses N108.65bn To Hospitals, Pharmaceutical Firms

CBN Disburses N108.65bn To Hospitals, Pharmaceutical Firms   The Central Bank of Nigeria has said it disbursed N108.65bn to hospitals and pharmaceutical industry in 18 months. A...

In Four Years, AMCON Gulped N654bn From 12 Banks As Sector Resolution Funds

In Four Years, AMCON Gulped N654bn From 12 Banks As Sector Resolution Funds   With the growing assets due to business expansions, among other factors, Assets...
Solid Mineral

FG Trades N72.4bn Solid Minerals In Q3, 2021

FG Trades N72.4bn Solid Minerals In Q3, 2021   The National Bureau of Statistics (NBS) has said Nigeria traded a total of N72.4 billion solid minerals...

FRC Targets N3trn Operating Surplus From MDAs In 2022

FRC Targets N3trn Operating Surplus From MDAs In 2022   The Fiscal Responsibility Commission (FRC) is targeting no less than N3 trillion operating surplus from Ministries,...
The Nigerian Senate

Senate Panel Insists PEF Hasn’t Remitted Interest On Fixed N34bn

Senate Panel Insists PEF Hasn’t Remitted Interest On Fixed N34bn     The Senate’ Committee on Public Accounts has insisted that the Petroleum Equalisation Fund, now Nigeria...
FEC Meeting

FEC Okays N65.3bn For Power Projects In 2022

FEC Okays N65.3bn For Power Projects In 2022     The Federal Executive Council meeting has approved N65.39bn in foreign and local denominations to execute power projects...
CBN Governor, Godwin Emefiele

We’ll Raise Infrastructure Finance From N13trn Pension Funds, Others – CBN

We’ll Raise Infrastructure Finance From N13trn Pension Funds, Others – CBN     The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has said Nigeria plans to...
President Muhammadu Buhari

Buhari Inaugurates N348trn Devt Plan, Targets N298trn From Private Sector

Buhari Inaugurates N348trn Devt Plan, Targets N298trn From Private Sector   President Muhammadu Buhari says Nigeria requires an investment size of N348.1tn to achieve the targets...
The Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ Council, Emmanuel Jime

In Five Months, Shipping Council Saves N900.81m From Dispute Resolution

In Five Months, Shipping Council Saves N900.81m From Dispute Resolution   The Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ Council, Emmanuel Jime, has...
GMD NNPC, Mele Kyari

Tax Credit: NNPC Hands Over N621bn Cheque For 21 Roads

Tax Credit: NNPC Hands Over N621bn Cheque For 21 Roads     The federal government has expressed optimism that the tax credit scheme given to taxable companies...
Twitter

Twitter Loses N499.32bn in Nigeria as Ban Hits 200 Days

Twitter Loses N499.32bn in Nigeria as Ban Hits 200 Days   Twitter has lost N499.32bn in Nigeria since its suspension by government on June 4, 2021. On...
David Malpass, World Bank President

W/Bank loans Nigeria $700m For Water Supply

W/Bank loans Nigeria $700m For Water Supply   The Federal Government has secured a $700m loan from the World Bank for specific water projects in the...
National Bureau of Statistics

States Generate N751.17bn From Road Tax, Others In Three Years

States Generate N751.17bn From Road Tax, Others In Three Years     The 36 states of the federation earned N751.17bn from road tax, direct assessment, and other...
Nigerian Customs Service

Customs Generate N2.5trn Revenue In 11 Months

Customs Generate N2.5trn Revenue In 11 Months   The Nigeria Customs Service (NCS) generated over N2.5 trillion revenue between January and November this year. NCS National Public...
Minister of Agriculture and Rural Development, Mohammed Abubakar

Agric Sector Records N1.7rn Trade Deficit In Nine Months

Agric Sector Records N1.7rn Trade Deficit In Nine Months   The agricultural sector recorded a trade deficit of N1.7tn between January and September this year, as...