Oil & Gas: IOCs Delay $58.4bn Projects In Nigeria
Oil & Gas: IOCs Delay $58.4bn Projects In Nigeria
A number of oil and gas projects valued at $58.4bn are facing an uncertain future as...
FIRS Records N4.8trn 10-year Revenue Shortfall
FIRS Records N4.8trn 10-year Revenue Shortfall
Within a 10-year period covering 2010 and 2019, the Federal Inland Revenue Service recorded a revenue shortfall of N4.88tn,...
CBN Disburses N611.5bn To Commercial Farmers
CBN Disburses N611.5bn To Commercial Farmers
The total amount disbursed to farmers under the Commercial Agriculture Credit Scheme from inception in 2009 rose to N611.5bn...
Pension Board Pays N534m To Jigawa Retirees
Pension Board Pays N534m To Jigawa Retirees
The Jigawa State and Local Governments Contributory Pension Scheme Board has commenced the payment of over N534 million...
Unused Power: GenCos Lost N1.2trn In Five Years
Unused Power: GenCos Lost N1.2trn In Five Years
About 24 power Generating Companies (GenCos) lost N1.19trn on electricity capacity not paid for in the Nigerian...
N1.6trn NNPC, Sovereign Wealth, Education, Funds Omitted In 2020 Budget
N1.6trn NNPC, Sovereign Wealth, Education, Funds Omitted In 2020 Budget
A total of N1.635 trillion key expenditure items captured in the 2020-2022 Medium Term Expenditure...
FG Earmarks N61bn For Nigeria-Siemens Power Pact
FG Earmarks N61bn For Nigeria-Siemens Power Pact
The Federal Government has set aside the sum of N61bn for the Nigeria Electrification Road map to be...
Water Ministry Can’t Account For N344m Expenditure, Report Says
Water Ministry Can’t Account For N344m Expenditure, Report Says
Eight payment vouchers raised by the Ministry of Water Resources during the 2017 financial year totalling...
Complaints: CBN Imposes N2m Fine, Others On Banks
Complaints: CBN Imposes N2m Fine, Others On Banks
Any bank that failed to acknowledge the complaints from depositors, will pay a fine of N2m, guidelines...
Apapa Customs Records $132.76m Export
Apapa Customs Records $132.76m Export
The bid by the federal government to diversify the Nigerian economy from crude oil seems to be yielding the desired...
In Nine Months, Farmers Earned N201bn From Exports
In Nine Months, Farmers Earned N201bn From Exports
Farmers in the country earned a total of N201. 66bn from export of agricultural products between January...
In 6 Years, Investments In Sugar Sector Hit N157bn — NSDC
In 6 Years, Investments In Sugar Sector Hit N157bn — NSDC
Investments in the sugar sector of the national economy rose to N157 billion in...
Investments In Mutual Funds Reaches N956.7bn In 11 Months
Investments In Mutual Funds Reaches N956.7bn In 11 Months
Total investment in mutual funds has grown to N956.7bn as of December 6, 2019.
Data obtained from...
IDB Mobilises Farmers In Kano With $95m Facility
IDB Mobilises Farmers In Kano With $95m Facility
No fewer than 1,260,000 smallholder farmers in rural areas of Kano State are expected to benefit directly...
Fed Govt Generates N4.25trn, Stops 2019 Capital Budget Releases
Fed Govt Generates N4.25trn, Stops 2019 Capital Budget Releases
The Federal Government has ruled out any possibility of releasing additional funds to finance the capital...
NEC Targets N2trn Pension Fund For Infrastructural Devt
NEC Targets N2trn Pension Fund For Infrastructural Devt
The National Economic Council on Thursday considered the possibility of investing N2tn out of the Contributory Pensions...
In Nine Months, Banks Generate N135.15bn From e-payments
In Nine Months, Banks Generate N135.15bn From e-payments
The adoption of electronic channels for financial transactions has earned 10 deposit money banks about N135.15bn revenue...
AfDB’s Active Portfolio In Nigeria Now $4.8bn
AfDB’s Active Portfolio In Nigeria Now $4.8bn
The African Development Bank (AfDB)’s active portfolio in Nigeria rose to $4.8 billion as at December 13, 2019,...
FG Rakes In N45.8bn From Stamp Duties
FG Rakes In N45.8bn From Stamp Duties
The Federal Government has raked in over N45.8 billion from stamp duties, following the reforms introduced by the...
Nigeria Loses N233bn To Gas Flaring
Nigeria Loses N233bn To Gas Flaring
The Nigerian economy lost a whopping N233 billion to gas flaring in 2018.
This, represented 3.8 per cent of the...
