Manufacturers Generate N1.67trn From Exports In 9 Months
Manufacturers Generate N1.67trn From Exports In 9 Months
Between January and September 2019, manufacturers earned a total of N1.67tn through exports of manufactured products.
The N1.67tn...
Discos’ Yearly Revenue Collection Hits N466bn
Discos’ Yearly Revenue Collection Hits N466bn
Power distribution companies have set a new record of N466bn in their yearly revenue collection, the Association of Nigerian...
We Saved N700bn Through TSA, Other Financial Mgt Reforms – FG
We Saved N700bn Through TSA, Other Financial Mgt Reforms – FG
Through the implementation of various public sector financial management reforms, over N700bn had been...
PenCom To Collect Bonds Through DMO For N400bn Pension Arrears
PenCom To Collect Bonds Through DMO For N400bn Pension Arrears
The National Pension Commission plans to raise pension bonds through the Debt Management Office to...
Nigeria Saves $500m From Ban On Barley Malt, Says Onu
Nigeria Saves $500m From Ban On Barley Malt, Says Onu
Minister of Science and Technology Dr. Ogbonnaya Onu has said the Federal Institute of Industrial...
Female Entrepreneurs Gets N26bn Loans From BoI
Female Entrepreneurs Gets N26bn Loans From BoI
As part of its deliberate steps to address issues around gender equality in entrepreneurship, the Bank of Industry...
AGF Queried Over Non-disclosure Of N57bn FG Grants
AGF Queried Over Non-disclosure Of N57bn FG Grants
The Accountant General of the Federation, Alhaji Ahmed Idris, has been queried by the Auditor-General for the...
$250trn Debt Burden To Weigh On Global Economy In 2020 – W/Bank President
$250trn Debt Burden To Weigh On Global Economy In 2020 - W/Bank President
Concerns about global debt are heightening from the office of World Bank...
After Average Energy Drops to 3,781MW, FG Loses N626.7bn
After Average Energy Drops to 3,781MW, FG Loses N626.7bn
Power generation from the nation’s generating companies hits an average of 3,781MW in 2019 from a...
Nigeria, Sierra Leone Plan Currency Swap
Nigeria, Sierra Leone Plan Currency Swap
The Chairman, Economic Community of West African States (ECOWAS) Committee of Governors of Central Banks, Prof. Kelfala Kallon, has...
Uganda To Borrow $2bn To Fund Budget
Uganda To Borrow $2bn To Fund Budget
Uganda said it plans to borrow 6.9 trillion shillings ($1.89 billion) from external lenders in the 2020/2021 (July-June)...
Airports Recorded 8.5 million Travellers In 6 Months – NBS
Airports Recorded 8.5 million Travellers In 6 Months – NBS
The National Bureau of Statistics has said that a total of 8.48 million passengers travelled...
In One Year, Foreign Reserves Drop By $4.45bn
In One Year, Foreign Reserves Drop By $4.45bn
Nigeria’s foreign reserves, which stood at $43.07bn as of the beginning of January 2019, fell by $4.45bn...
Spending N37bn On National Assembly Renovation Ridiculous – TUC
Spending N37bn On National Assembly Renovation Ridiculous - TUC
The Trade Union Congress of Nigeria has described as ridiculous the proposal to renovate the National...
Non-oil Exports Doubled To N2trn In 2019 — FG
Non-oil Exports Doubled To N2trn In 2019 — FG
Federal Government said the nation’s non-oil exports doubled from about N1 trillion to N2trn between 2018...
Oil & Gas: IOCs Delay $58.4bn Projects In Nigeria
Oil & Gas: IOCs Delay $58.4bn Projects In Nigeria
A number of oil and gas projects valued at $58.4bn are facing an uncertain future as...
Oil Block: FG Targets N939bn From Licences Renewal
Oil Block: FG Targets N939bn From Licences Renewal
The Federal Government is looking to earn a total of N939bn from the renewal of oil blocks...
In One Year, Economy Recorded $4.17bn Forex Deficit
In One Year, Economy Recorded $4.17bn Forex Deficit
A total foreign exchange of $58.01bn came into the economy through the Central Bank of Nigeria within...
FIRS Records N4.8trn 10-year Revenue Shortfall
FIRS Records N4.8trn 10-year Revenue Shortfall
Within a 10-year period covering 2010 and 2019, the Federal Inland Revenue Service recorded a revenue shortfall of N4.88tn,...
CBN Disburses N611.5bn To Commercial Farmers
CBN Disburses N611.5bn To Commercial Farmers
The total amount disbursed to farmers under the Commercial Agriculture Credit Scheme from inception in 2009 rose to N611.5bn...
