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Abuja
Sunday, December 8, 2019

FG, Oil Firms Owe NDDC N1.27trn, $73m — National Assembly

FG, Oil Firms Owe NDDC N1.27trn, $73m — National Assembly     The National Assembly has said it is set to invite some Federal Government officials and...

Imo, Five Other States To Benefit From USAID N60m Water Project

Imo, Five Other States To Benefit From USAID N60m Water Project   Imo and five other states are to benefit from the N60.4 million United States...

Blackout Looms As Gencos Threaten Shutdown Over N600bn Charge

Blackout Looms As Gencos Threaten Shutdown Over N600bn Charge   Blackout is looming across the country as the electricity generation companies (Gencos) yesterday threatened to shut...

New Landing Equipment For Airports To Cost N7.58bn

New Landing Equipment For Airports To Cost N7.58bn   The Federal Government may be required to spend N7.58bn on new landing equipment at seven airports to...

500,000 N-Power Beneficiaries Receive N360bn

500,000 N-Power Beneficiaries Receive N360bn   The Federal Government has paid 500,000 graduates who are engaged in its N-Power scheme a total of N360bn within two...

NOTAP Saved N79bn In Four Years

NOTAP Saved N79bn In Four Years   The National Office for Technology Acquisition and Promotion (NOTAP) has said it saved the sum of N79.69 billion in...

Operator Demands $50m For Lagos Cable Car Project

Operator Demands $50m For Lagos Cable Car Project   Transactions worth $40.1bn were secured at the second edition of the African Investment Forum, President of the...

FG Releases N650bn for Capital Projects, Road Repairs

FG Releases N650bn For Capital Projects, Road Repairs   The Federal Government said on Wednesday that road construction and repairs under the Ministry of Works and...

NIRSAL Facilitates N101bn Loans For 693 Agric Projects

NIRSAL Facilitates N101bn Loans For 693 Agric Projects   Since its incorporation in 2013 by the Central Bank of Nigeria, a total of N101bn has been...

CBN Releases N610.4bn Loans To Farmers

CBN Releases N610.4bn Loans To Farmers   The Central Bank of Nigeria has released a total of N610.4bn to the banks for farmers under the Commercial...

AfDB, Investors Working To Close $67bn Deals

AfDB, Investors Working To Close $67bn Deals     Investors and partners of the African Investment Forum are working on closing investment transactions worth $67bn at the...

DisCos Owe NBET N322bn In 8 Months

DisCos Owe NBET N322bn In 8 Months   Power distribution companies failed to pay a total of N322.14bn to the Nigerian Bulk Electricity Trading Plc for...
Nigeria Customs Service

Customs Rakes In N1.002trn Revenue In Nine Months

Customs Rakes In N1.002trn Revenue In Nine Months   The Nigeria Customs Service (NCS) has generated revenue of about N1.002 trillion from January to September 2019. The...

Commercial Banks Liabilities, Assets Now N39.58trn

Commercial Banks Liabilities, Assets Now N39.58trn   The total assets and liabilities of commercial banks in Nigeria rose from N37.14tn at the end of November 2018...

Senate To Support $10bn NLNG Investment In Gas Sector

Senate To Support $10bn NLNG Investment In Gas Sector   The Senate is throwing its full weight behind the 10billion dollars Train seven Project investment in...

Exports From Nigeria To Japan Hits $922m

Exports From Nigeria To Japan Hits $922m   Nigerian exports to Japan increased by 17 per cent to $922 million in 2018, while exports from Japan...

Nigeria Loses $120bn In Gross Freight Cost In 4 Years

Nigeria Loses $120bn In Gross Freight Cost In 4 Years   The Chairman of National Fleet Implementation Committee, Mr Hassan Bello has disclosed that Nigeria recorded...

In Nine Months, Banks Generate N675.9bn Non-interest Income

In Nine Months, Banks Generate N675.9bn Non-interest Income   A total of six banks generated N675.9bn from non-interest income in the first nine months of the...

Oil Worth $42bn Stolen Ten Years – NEITI

Oil Worth $42bn Stolen Ten Years - NEITI   Crude oil and refined products worth $41.9bn were stolen from Nigeria in the last 10 years, the...

Court Freezes FG, CBN Accounts Over N103.5bn Judgement Debt

Court Freezes FG, CBN Accounts Over N103.5bn Judgement Debt   A Federal High Court, Umuahia has issued a global freezing order, directing the attachment of monies...