Manufacturing, 45 Others Record N66.77trn Half-year Output
Manufacturing, 45 Others Record N66.77trn Half-year Output
The nation’s economy recorded a total output of N66.77tn within a six-month period covering January to June this...
Nigeria Earned N35trn From Tax In 8 Years, Says FIRS
Nigeria Earned N35trn From Tax In 8 Years, Says FIRS
Within an eight-year period covering 2011 and 2018, the country earned a total of N35.56tn...
Africa Imports $50bn Food Yearly
Africa Imports $50bn Food Yearly
African countries import nearly $50bn net of food annually despite the continent holding 60 per cent of the world’s arable...
Customers Can Exchange Mutilated Notes After Deadline – CBN
Customers Can Exchange Mutilated Notes After Deadline - CBN
The Central Bank of Nigeria (CBN) has said members of the public can continue to return...
Presidency Hawks Want Bonga Seized Over Judgment Debt
Presidency Hawks Want Bonga Seized Over Judgment Debt
As the $9.6 billion arbitration award and United Kingdom Court enforcement judgment against Nigeria in favour of...
AfDB, Japan Earmarks $3.5bn For Nigeria, Others
AfDB, Japan Earmarks $3.5bn For Nigeria, Others
Japan and the African Development Bank have announced a joint target of $3.5bn under the Enhanced Private Sector...
FIRS Strategies Will Improve Tax Revenue – CITN
FIRS Strategies Will Improve Tax Revenue - CITN
The Chartered Institute of Taxation of Nigeria has expressed confidence that the current strategies and initiatives of...
External Reserves Shrinks To Five-month Low Of $43.67bn
External Reserves Shrinks To Five-month Low Of $43.67bn
The nation’s foreign exchange reserves have dropped to a five-month low of $43.67bn, losing $1.23bn in 29...
Petrol Subsidy Gulped N650.2bn In 12 months, Says Report
Petrol Subsidy Gulped N650.2bn In 12 months, Says Report
The Federal Government spent a total of N650.2bn on petrol subsidy in 12 months; Economic Confidential...
Local Telecoms Operators Risk losing $1bn Fibre Cable Market
Local Telecoms Operators Risk losing $1bn Fibre Cable Market
The submarine cable system operators in Nigeria and the rest of Africa risk losing the region’s...
BPE Commends APM Terminal’s N126bn Investment in Nigeria
BPE Commends APM Terminal’s N126bn Investment in Nigeria
The Bureau of Public Enterprises (BPE) has expressed satisfaction with the level of compliance with the post-acquisition...
Diesel, Cooking Gas Prices Rose In July, Says NBS
Diesel, Cooking Gas Prices Rose In July, Says NBS
The average prices of diesel and Liquefied Petroleum Gas, also known as cooking gas, rose last...
Risk Concerns Push Airlines Insurance To N13bn Yearly
Risk Concerns Push Airlines Insurance To N13bn Yearly
The cost of insurance in the Nigerian aviation sector has risen from N11 billion annually in 2017...
FG, States’ Debt: MPC Members Raise Concern
FG, States' Debt: MPC Members Raise Concern
Some members of the Monetary Policy Committee of the Central Bank of Nigeria have expressed concerns over the...
Unclaimed Dividend: 2.7m Investors Sign-up For E-dividend
Unclaimed Dividend: 2.7m Investors Sign-up For E-dividend
The Securities and Exchange Commission says a total of 2.7 million investors have been captured under the Electronic...
Apex Bank To Auction N208bn Treasury Bills
Apex Bank To Auction N208bn Treasury Bills
The Central Bank of Nigeria is scheduled to roll over maturing bills worth N208bn through the Primary Market...
We Don’t Give Loans Directly To Customers, Says CBN
We Don’t Give Loans Directly To Customers, Says CBN
The Central Bank of Nigeria (CBN) has said that there are clearly spelt out procedures for...
Nigeria, Others To Lose $240bn To Spike In Freight Charges
Nigeria, Others To Lose $240bn To Spike In Freight Charges
There are indications that the projected increase in bunker fuel oil may cause significant increase...
Nigeria Loses N150bn Annually To Foreign Shipping Surcharges
Nigeria Loses N150bn Annually To Foreign Shipping Surcharges
The Nigerian economy is losing N150bn yearly to multiple surcharges slammed on Nigeria-bound cargoes by foreign shipping...
Loan Defaulters To Lose Deposits In Other Banks
Loan Defaulters To Lose Deposits In Other Banks
The Central Bank of Nigeria and other lending institutions have agreed to seize the bank savings of...
