Total Pension Assets Grow To N9.32trn
Total Pension Assets Grow To N9.32trn
The total assets under the Contributory Pension Scheme rose to N9.32tn as of the end of June 2019.
The funds,...
Nigeria Generates N5.2bn From Limestone Licensing
Nigeria Generates N5.2bn From Limestone Licensing
The Federal Ministry of Mines and Steel Development has said that the country generated N5.2bn from limestone licensing and...
Investment Announcement Worth $15.15bn Recorded In Q1 – NIPC
Investment Announcement Worth $15.15bn Recorded In Q1 - NIPC
The Executive Secretary/Chief Executive, Nigerian Investment Promotion Commission (NIPC), Ms Yewande Sadiku, has disclosed that total...
AfCFTA: AU,AfDB Sign $4.8m Grant
AfCFTA: AU,AfDB Sign $4.8m Grant
The African Development Bank Group has signed a $4.8m institutional support grant to the African Union for implementation of the...
Over N500bn Stuck In Unresolved Federal Audit Reports
Over N500bn Stuck In Unresolved Federal Audit Reports
About N500bn has not been properly accounted for in the previous years’ report of the Auditor-General of...
Power Transmission Still Weak Despite TCN’s $1.63bn Intervention
Power Transmission Still Weak Despite TCN’s $1.63bn Intervention
The transmission of electricity across the country is still weak despite the interventions and claim by the...
AMCON Takes Over Firm’s Assets Over N3.6bn Debt
AMCON Takes Over Firm’s Assets Over N3.6bn Debt
The Asset Management Corporation of Nigeria has taken over Bao Yao Futurlex Iron & Steel Company Limited...
FG Injects N14bn Into Mineral Exploration
FG Injects N14bn Into Mineral Exploration
The Permanent Secretary, Federal Ministry of Mines and Steel Development, Dr Abdulkadir Muazu, has said government has invested about...
NIPC Collates $15.15bn Investments In First Half Of 2019
NIPC Collates $15.15bn Investments In First Half Of 2019
The Nigerian Investment Promotion Commission (NIPC), says it has collated 15.15 billion dollars investments in the...
Nigeria Records $15bn Investments In 6 Months
Nigeria Records $15bn Investments In 6 Months
Between January and June this year, the Nigerian economy recorded a total investment commitment of $15.15bn in various...
We Saved N500bn By Blocking Leakages In MDAs – Dikwa
We Saved N500bn By Blocking Leakages In MDAs - Dikwa
The Federal Government says it has saved N500bn by blocking leakages in its Ministries, Departments...
FG Constitutes Panel To Recover N5trn AMCON Debts
FG Constitutes Panel To Recover N5trn AMCON Debts
The Federal Government has raised a task force to recover the outstanding N5tn debts owed the Asset...
W/Bank Loans In Nigeria Rise By $2.19bn In 3 Years
W/Bank Loans In Nigeria Rise By $2.19bn In 3 Years
The World Bank loan portfolio in Nigeria increased by $2.19bn in the last three years,...
Access Bank Issues Tier II N30bn Local Bond
Access Bank Issues Tier II N30bn Local Bond
To further strengthen its funding base, Access Bank Plc at the weekend announced that it has successfully...
FG’s VAT Reversal To Cost Investors N2.5bn
FG’s VAT Reversal To Cost Investors N2.5bn
Investors could pay about N2.5bn yearly as additional costs on transactions, following the Federal Government’s resumption of Value...
NAHCO Invests N2.5bn For Equipment Upgrade
NAHCO Invests N2.5bn For Equipment Upgrade
The Nigeria Aviation Handling Company Plc says it has acquired N2.5bn set of equipment for passenger facilitation and other...
Nigerians Abroad Remitted $25bn In 2018, FG Says
Nigerians Abroad Remitted $25bn In 2018, FG Says
The Federal Government has said Nigerians living abroad remitted $25bn in 2018, representing 83 per cent of...
Power: Distributors Fail To Remit N1.16trn To NBET
Power: Distributors Fail To Remit N1.16trn To NBET
Power distribution companies in the country failed to remit a total of N1.156trn to the Nigerian Bulk...
Currency Circulation Rose To N2.16trn In April, CBN Says
Currency Circulation Rose To N2.16trn In April, CBN Says
At N2.158tn, currency-in-circulation, on month-on month basis, rose by 0.3 per cent at end-April 2019, the...
WACT Expends N3.6bn On Onne Port Upgrade
WACT Expends N3.6bn On Onne Port Upgrade
The West Africa Container Terminal has unveiled two new Mobile Harbour Cranes worth $10m (N3.6bn) for discharge of...
