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Friday, May 24, 2019

UK, AECF Okays £16m To Support Solar Power In Nigeria, Four Others

UK, AECF Okays £16m To Support Solar Power In Nigeria, Four Others The United Kingdom and Africa Enterprise Challenge Fund (AECF) have approved a fresh...

Nigeria Needs N130bn Yearly Investment In Seed Production

Nigeria Needs N130bn Yearly Investment In Seed Production A data analyst at Access to Seeds Foundation, Timothée Pasqualini, has said Nigeria needed an annual investment...

Nigeria Spends N16bn Yearly To Import Beans – FG

Nigeria Spends N16bn Yearly To Import Beans – FG   Despite being the number one producer of beans in the world, Nigeria spends N16bn annually to...

Wema Bank Targets N1trn Capital Base In Next Few Years

Wema Bank Targets N1trn Capital Base In Next Few Years Buoyed by its 2018 financials and performance in which it prescribed the payment of 3kobo...

AfDB Okays $15m To Support Infrastructure Financing In Nigeria

AfDB Okays $15m To Support Infrastructure Financing In Nigeria The Board of the African Development Bank has approved a $15m investment package for the Infrastructure...

Nigeria, 4 Others To Get $20m To Fund Solar Projects

Nigeria, 4 Others To Get $20m To Fund Solar Projects   Nigeria has been listed among five countries to benefit from the $20 million Africa Enterprise...
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...