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Thursday, May 28, 2020

World Bank Backs Nigeria’s ERGP, Kaduna State With $961m

The World Bank has approved two Program-for-Results operations totaling $961 million to support the Nigerian federal and state authorities in their effort to foster...

World Bank Backs Nigeria’s ERGP, Kaduna State With $961m

The World Bank has approved two Program-for-Results operations totaling $961 million to support the Nigerian federal and state authorities in their effort to foster...

FG to Fund 11% 2017 Budget with Recovered Loot, Promises N350bn for Capital Projects

The Federal Government is to fund 11 per cent of the 2017 Budget with money recovered from the treasury looters as it promised to...
Godwin Emefiele CBN Governor

CBN Injects $195m into FOREX Market

…announces retail option Following its intervention in the inter-bank Foreign Exchange Market, last week, to the tune of over $800 million, the Central Bank of...
Godwin Emefiele CBN Governor

CBN to Partner Microfinance Banks on Housing Deficit

Worried by the housing deficit facing the nation, the Central Bank of Nigeria (CBN) is planning to strengthen financial capacity of some microfinance banks...

Nigeria hires foreign investigators to trace illicit funds

The Federal Government has hired a leading global investigation agency to trace destinations of illicit funds emanating from Nigeria. The Minister of Finance, Mrs. Kemi...
NBS National Bureau of Statistics

Inflation Dips to 16.25% – NBS

The Consumer Price Index which measures inflation has dropped from 17.24 per cent in April to 16.25 per cent year-on-year, The National Bureau of...
Godwin Emefiele CBN Governor

Investor, Exporter Forex Window Hits $2.2b

The Central Bank of Nigeria has said that dollar inflows into the economy through the newly introduced Investor and Exporter (I&E) Forex Window have...
Godwin Emefiele CBN Governor

CBN moves against Inflation…mops up N200 billion in Special OMO

In its latest move to further rein in inflation, the Central Bank of Nigeria (CBN) has unveiled plans to mop up a total of...
Nigeria Customs Service

NCS Records N136bn Revenue from Apapa  

The Nigeria Customs Service (NCS) has recorded about N136.6 billion revenue, with the large haul coming from the Apapa Command which intercepted among other...

Fitch Rates Nigeria’s $300m Diaspora Bond ‘B+(EXP)’

Fitch Ratings has assigned Nigeria’s $300m Diaspora Bond ‘B+(EXP)’ indicating that the relative stability in the foreign exchange market with reversal of the slide...

FG kick-starts 2018 Budget preparation

Barely 24 hours after signing the 2017 Appropriation Bill into law, Acting President Yemi Osinbajo, has flagged off preparatory activities for the 2018 Budget...
NBS National Bureau of Statistics

VAT Revenue Decreases to N204.7bn- NBS

The Government's revenue through Value Added Tax (VAT) had decreased from N207.35 billion in the fourth quarter of 2016 to N204.77 billion in the...

FIRS Generates N778bn in Q1 2017

The Federal Inland Revenue Service (FIRS) has said that it generated N778.19 billion revenue in the first quarter of 2017. This is according to a...

Our Revenues are Not Yielding as Expected – FG

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, has advised government agencies and parastatals not to depend totally on Federal Government’s...
Debt Office DMO Nwankwo

Nigeria’s Domestic Debt Servicing Gulp N474.06bn

The size of Federal Government’s loans has reflected on the debt servicing expenses as it spent N474.06 billion to service domestic debts in the...
Naira Dollar

Africa Losing $80bn Annually to Illicit Financial Flows

The Chair, International Anti-Corruption Conference Council, Akere Muna,has stated that Africa was losing between $50bn and $80bn annually through illicit financial outflows. Muna disclosed this...

Reps uncover $15bn unremitted oil, gas revenue

House of Representatives Ad hoc Committee investigating allegedly missing 17 billion dollars crude oil and Liquified Natural Gas revenue has uncovered 15 billion dollars...

Bankers Should Face Trial for Stolen Funds -Osinbajo

Acting President Yemi Osinbajo has called for the prosecution of banks and their officials who aid corruption by hiding looted funds. He faulted those who...

Nigeria’s Debt Hits N19tn

The Debt Management Office (DMO) Monday revealed that Nigeria’s total debt stock increased to N19.15 trillion at the end of first quarter 2017, from...
Live Covid-19
United States 1,745,911
Cases: 1,745,911
Deaths: 102,114
Recovered: 490,151
Active: 1,153,646
Brazil 414,661
Cases: 414,661
Deaths: 25,697
Recovered: 166,647
Active: 222,317
Russia 379,051
Cases: 379,051
Deaths: 4,142
Recovered: 150,993
Active: 223,916
Spain 283,849
Cases: 283,849
Deaths: 27,118
Recovered: 196,958
Active: 59,773
United Kingdom 267,240
Cases: 267,240
Deaths: 37,460
Active: 229,780
Italy 231,139
Cases: 231,139
Deaths: 33,072
Recovered: 147,101
Active: 50,966
France 182,913
Cases: 182,913
Deaths: 28,596
Recovered: 66,584
Active: 87,733
Germany 181,895
Cases: 181,895
Deaths: 8,533
Recovered: 163,200
Active: 10,162
Turkey 159,797
Cases: 159,797
Deaths: 4,431
Recovered: 122,793
Active: 32,573
India 158,959
Cases: 158,959
Deaths: 4,541
Recovered: 67,903
Active: 86,515
Iran 143,849
Cases: 143,849
Deaths: 7,627
Recovered: 112,988
Active: 23,234
Peru 135,905
Cases: 135,905
Deaths: 3,983
Recovered: 56,169
Active: 75,753
Canada 87,519
Cases: 87,519
Deaths: 6,765
Recovered: 46,164
Active: 34,590
China 82,995
Cases: 82,995
Deaths: 4,634
Recovered: 78,288
Active: 73
Chile 82,289
Cases: 82,289
Deaths: 841
Recovered: 33,540
Active: 47,908
Saudi Arabia 78,541
Cases: 78,541
Deaths: 425
Recovered: 51,022
Active: 27,094
Mexico 78,023
Cases: 78,023
Deaths: 8,597
Recovered: 54,383
Active: 15,043
Pakistan 61,227
Cases: 61,227
Deaths: 1,260
Recovered: 20,231
Active: 39,736
Belgium 57,849
Cases: 57,849
Deaths: 9,388
Recovered: 15,572
Active: 32,889
Qatar 48,947
Cases: 48,947
Deaths: 30
Recovered: 13,283
Active: 35,634
Netherlands 45,768
Cases: 45,768
Deaths: 5,871
Active: 39,897
Bangladesh 40,321
Cases: 40,321
Deaths: 559
Recovered: 8,425
Active: 31,337
Belarus 39,858
Cases: 39,858
Deaths: 219
Recovered: 16,660
Active: 22,979
Ecuador 38,103
Cases: 38,103
Deaths: 3,275
Recovered: 18,425
Active: 16,403
Sweden 35,088
Cases: 35,088
Deaths: 4,220
Recovered: 4,971
Active: 25,897
Singapore 33,249
Cases: 33,249
Deaths: 23
Recovered: 17,276
Active: 15,950
United Arab Emirates 32,532
Cases: 32,532
Deaths: 258
Recovered: 16,685
Active: 15,589
Portugal 31,292
Cases: 31,292
Deaths: 1,356
Recovered: 18,349
Active: 11,587
Switzerland 30,796
Cases: 30,796
Deaths: 1,917
Recovered: 28,300
Active: 579
South Africa 25,937
Cases: 25,937
Deaths: 552
Recovered: 13,451
Active: 11,934