Nigeria Can Generate $10bn From Honey Export - NEPC
The Director General/Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Mr. Segun Awolowo, has stated that Nigeria is capable of generating at least $10 billion annually from local and international trade in honey and...
NPA Cancels $2.6bn Contract For Badagry Deep Seaport
The Nigerian Ports Authority has cancelled the contract for the $2.6bn Badagry deep seaport project, stating that the deep seaport master plan was wrongly done. This is even as the agency explained that it had begun the...
Afreximbank Nets $276m, Offers $69m Dividend To shareholders
The African Export-Import Bank (Afreximbank), at its yearly general meetings in Moscow, at the weekend, unveiled a $276 million net profit in 2018 financial year, even as shareholderd adopted its proposal of $69 million as dividend.Nigeria as...
Investigation Reveals Bank Loans To manufacturers, Others Hit N241trn
Deposit Money Banks have given about N241.87tn loans to manufacturing, agriculture, oil and gas firms and companies operating in 15 other sectors of the economy in the last four years.
The total credit of Deposit Money Banks...
FIRS Unions Move To Achieve N8.8trn Revenue Target
The two labour unions at the Federal Inland Revenue Service have reassured Nigerians, the Federal Government and the management that they will ensure that the agency’s N8.8tn revenue target for 2019 is realised.
The Chairmen, FIRS chapters of...
In 2 years, Discos' Collection Rise To N831bn
Electricity consumers who are hooked on to the national grid paid N831 billion to the Distribution Companies (Discos) out of about N1.3 billion worth of electricity that was sent to their homes and offices between the second...
