HomeFinancial

Financial

FRC to Strengthen Nigeria’s Corporate Governance – IoD

FRC in Collaboration to Strengthen Nigeria’s Corporate Governance - IoD The Institute of Directors Nigeria (IoD), in a strategic collaboration seen at strengthening Nigeria’s corporate governance space, recently paid a courtesy visit to the Financial Reporting Council of Nigeria (FRC) in Lagos. Ije Jidenma, President and...

NNPC’s N621bn Intervention Aiding Completion of Suleja, Lambata Roads – FG

The Federal Government has said the N621 billion Nigerian National Petroleum Corporation (NNPC) tax intervention for road construction, is ensuring speedy realisation of the completion of the Suleja-Bida and Lambata -Bida roads. The Director, Highways Construction and Rehabilitation, Folorunso Esan, said this at the inspection...

CBN to Stop Sale of Forex to Banks as Naira Falls Against Dollar

CBN to Stop Sale of Forex to Banks as Naira Falls Against Dollar ECONOMIC CONFIDENTIAL- Naira fell massively at the black market on Thursday after traders learned that the Central Bank of Nigeria (CBN) was planning to halt dollar sales to commercial banks. Although CBN said...

TETFund Funds ATBU Project with N15bn

For ten years, the Tertiary Education Trust Fund (TETFund) provided 15 billion Nigerian naira to the Abubakar Tafawa Balewa University (ATBU) Bauchi State for projects. In an interview with the News Agency of Nigeria (NAN) in Bauchi on Thursday, Vice Chancellor, Prof. Ahmed Abdulaziz, stated...

Exports of Crude Oil and Gas Earn NNPC N93 billion

The Nigerian National Petroleum Corporation (NNPC) Limited reported earnings of $224.29 million (about N93.424 billion) from crude oil and gas exports in August, 2021, as compared with $191.26 million (N79.7 billion) in July, 2021. A breakdown of the figures captured in the August, 2021, NNPC...

Audit Queries: Reps Panel Summons Fashola, Pantami, Others

Audit Queries: Reps Panel Summons Fashola, Pantami, Others   The Public Accounts Committee of the House of Representatives, on Tuesday, gave four ministers and their permanent secretaries as well as their heads of finance and procurement departments, a seven-day ultimatum to appear before it or have...