'Nigeria, Others Require $15.7bn To Curb Refineries’ Emissions'
African nations need to spend about $15.7bn on their refineries to curb emissions and meet climate-change targets as demand for oil and gas surges, an industry lobby group, African Refiners and Distributors Association, has said.
The Executive Secretary...
Nigeria Gets $3.35bn In IMF’s $650bn SDR Allocation
The Board of Governors of the International Monetary Fund (IMF) has approved a general allocation of Special Drawing Rights (SDRs) equivalent to $650 billion (about SDR 456 billion) to boost global liquidity.
The Washington-based institution which disclosed this...
NIPOST Launches N50 Stamp, Targets N60bn Revenue
The Nigeria Postal Service (NIPOST) has launched a new N50 denomination revenue stamp, projecting remittance of yearly revenue of more than N60 billion to the federal government.
Speaking at the launch of the revenue stamp on Tuesday in Abuja,...
DMO Offers August Savings Bonds For Subscription To Investors
The Debt Management Office has opened the August savings bond offer to investors.
The DMO said in a circular on Monday that it is offering the Federal Government’s two-year and three-year savings bonds.
The circular posted on its...
'Nigeria’s PMI Hits 18-month High In July'
Nigeria’s Purchasing Managers Index rose to 55.4 in July from 53.6 in June, according to a report by Stanbic IBTC Bank.
The company said this signalled a marked improvement in business conditions, describing it as one of the strongest...
In Two Weeks, External Reserves Gain $280m
The country’s external reserves have returned to a growth path with a gain of $280m in two weeks, the latest figures from the Central Bank of Nigeria have shown.
Figures obtained from the CBN on Sunday revealed that the...
