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Friday, January 19, 2018

FEC Approves N377.53b Contract For Infrastructure At Extraordinary Meeting

FEC Approves N377.53b Contract For Infrastructure At Extraordinary Meeting   The Federal Executive Council (FEC) ‎in their extraordinary meeting Wednesday approved N377.53 billion for the development...
Kemi Adeosun Finance Minister

FG Finally Releases N739bn Capital Vote To MDAs

FG Finally Releases N739bn Capital Vote To MDAs Ostensibly responding to the National Assembly’s complaint over the low implementation of the capital component of the...

N8bn Investment Secured By Resort Savings

N8bn Investment Secured By Resort Savings Resort Savings & Loans Plc has expressed its preparedness to play a dominant role in the country’s mortgage banking...

DMO Lists $300m Diaspora Bank, $3bn Eurobonds on NSE, FMDQ OTC

DMO Lists $300m Diaspora Bank, $3bn Eurobonds on NSE, FMDQ OTC The Debt Management Office (DMO) wednesday announced that it will list the $300 million...

Transactions On FMDQ OTC Exchange Rise To N130tn In 11 Months

Transactions On FMDQ OTC Exchange Rise To N130tn In 11 Months Transactions in the fixed income and currency markets rose by 21.9 per cent to...

Investors Lose N171bn As Equities Plummet

Investors Lose N171bn As Equities Plummet The Nigerian equities market started the week on a negative, leading to N171bn loss for investors, a total of...

DMO Assures Investors On N10.96bn Green Bond

DMO Assures Investors On N10.96bn Green Bond The Debt Management Office, DMO has disclosed that N10.96 billion sovereign green bond, the first ever in Nigeria...

Nigeria Spends N2.07trn On Fuel Import In 9 Months

Nigeria Spends N2.07trn On Fuel Import In 9 Months Nigeria spent N2.068 trillion on the importation of petroleum products within a nine-month period, from January...

UK Agrees To Return Nigeria’s $85m Malabu Oil Loot

UK Agrees To Return Nigeria’s $85m Malabu Oil Loot After many years of legal fireworks, the United Kingdom has given the final clearance for Nigeria...
cbn

Banking Industry Fraud Drops By 38% In Two Years

Banking Industry Fraud Drops By 38% In Two Years   The Central Bank of Nigeria (CBN) at the weekend disclosed that despite the increase in the...

Nigeria Spends N43tr On Food Imports

Nigeria Spends N43tr On Food Imports Minister of Science and Technology, Ogbonnaya Onu, said, the National Bureau of Statistics has said that the country spent...

2018:  N10bn Solar Streetlight Project In Varsities Under Scrutiny

2018:  N10bn Solar Streetlight Project In Varsities Under Scrutiny The Senate Committee on Power, Steel Development and Metallurgy on Thursday criticised a solar-powered streetlight project...

E-payment Transactions Drop To N19.33trn In Q3, 2017

E-payment Transactions Drop To N19.33trn In Q3, 2017 The National Bureau of Statistics, NBS, has said that the value of e-payment transactions recorded by banks...
Amb Ibrahim Yerima, Dr Abdullahi Usman Bello Author, Mr Godwin Emefiele CBN Gov at book launch on Anti-Money Laundering

Bankers Aid Money Laundering in Nigeria- Nuhu Ribadu

Bankers Aid Money Laundering in Nigeria- Nuhu Ribadu The First Executive Chairman of the Economic and Financial Crimes Commission(EFCC), Mr Nuhu Ribadu has said several...

Telcos’ N16.4bn Ad Spend, Highest In The Nigerian Advertising Space

Telcos’ N16.4bn Ad Spend, Highest In The Nigerian Advertising Space With N16.4 billion advertising spend, which is the 18 per cent of the total above...

World Bank To Support FG’s Power Sector Recovery Programme With $1bn

World Bank To Support FG’s Power Sector Recovery Programme With $1bn The World Bank Group and the Federal Government of Nigeria concluded two days of...
NEITI

NEITI: Nigeria Earned Zero Revenue From Solid Minerals In Q3 2017

NEITI: Nigeria Earned Zero Revenue From Solid Minerals In Q3 2017 Nigeria earned no revenue into her Federation Account from its solid minerals sector in...
Naira Dollar

Naira Drops To N307/$ As Official Rate

Naira Drops To N307/$ As Official Rate On Monday for the first time on the official inter bank market,The Central Bank of Nigeria (CBN) sold...

Cost Of Funds Fluctuation To Persist As N600bn Hit Interbank

Cost Of Funds Fluctuation To Persist As N600bn Hit Interbank The fluctuation of cost of funds in the interbank money market will persist this week...

Lafarge’s N131.65bn Offer To Reduce Foreign Debt, Boosts Profitability

Lafarge’s N131.65bn Offer To Reduce Foreign Debt, Boosts Profitability LAFARGE Africa Plc has disclosed that the net proceeds from its Rights Issue of N131.65 billion...

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