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Sunday, June 7, 2020

States Recieved N1.19tr From Federal Government

States Recieved N1.19tr From Federal Government   Between 2015 and September 2017, states got N1.19 trillion support from the Federal Government, Vice President Yemi Osinbajo said...

Banks Loan- Request From CBN Hits N11.73trillion

Banks Loan- Request From CBN Hits N11.73trillion Commercial banks’ three-month total loan requests from the Central Bank of Nigeria (CBN) stood at N11.73 trillion as...

On Losing Spree, Stocks Hits One-Month Low

On Losing Spree, Stocks Hits One-Month Low   Trading on the floor of the Nigerian Stock Exchange extended losses into the sixth consecutive session as sustained...

Power Sector Losing N24bn Monthly To Imported Fuel –Fashola

Power Sector Losing N24bn Monthly To Imported Fuel –Fashola The Nigerian electricity supply industry is losing an estimated N24bn monthly as a result of the...

Finance Minster- We’ll Expose Tax Debtors With Bank Account Data

Finance Minster- We’ll Expose Tax Debtors With Bank Account Data   The Minister of Finance, Mrs. Kemi Adeosun, has advised wealthy Nigerians to take advantage of...

Financial Stocks Lift NSE’s Turnover By N24billion

Financial Stocks Lift NSE’s Turnover By N24billion   Heavy transactions in the shares of some banks, especially Sterling Bank, and Skye Bank, last week lifted the...

DMO- National Assembly Approved $300m Diaspora Bond

DMO- National Assembly Approved $300m Diaspora Bond   The Debt Management Office said the National Assembly approved the Diaspora Bond, which was used to borrow $300m...

Airlines To Save N11.6b Yearly From Removal Of VAT, Others

Airlines To Save N11.6b Yearly From Removal Of VAT, Others   The planned review and removal of the mandatory Value Added Tax (VAT) on all air...

Operators Fault Aviation Minister On Alleged N516bn Debt

Operators Fault Aviation Minister On Alleged N516bn Debt   Airline operators have questioned the veracity of the N516 billion debts, which the Minister of State, Aviation,...

NEXIM Bank Set To Revive Multi-Trex With N5bn

NEXIM Bank Set To Revive Multi-Trex With N5bn   NEXIM Bank is expected to revive Multi-Trex Integrated Foods Plc with the sum of N5bn to get...

MTN plans to raise $500m from stock market

MTN plans to raise $500m from stock market Nigeria’s biggest mobile-phone company, MTN, plans to raise about $500 million from the sale of shares during...

Banks’ Assets Hit N34.6trn In 2017

Banks’ Assets Hit N34.6trn In 2017   The total assets and liabilities of deposit money banks in Nigeria rose N34.6 trillion, in 2017. This represented 9.2...
cbn

Forex: CBN intervenes in Retail SMIS with $325.64m

Forex: CBN intervenes in Retail SMIS with $325.64m The Central Bank of Nigeria (CBN) has again intervened in the Retail Secondary Market Intervention Sales (SMIS)...

FG Targets $24bn Investments Through Policy

FG Targets $24bn Investments Through Policy The federal government has said that its newly launched Economic Recovery Growth Plan (ERGP) focus lab would help the...

Amidst Persistent Bear Run, Equities Trading Volume Surges 337%

Amidst Persistent Bear Run, Equities Trading Volume Surges 337% The volume of trading surged at the stock market Thursday boosted by huge transaction in the...
Kemi Adeosun Finance Minister

Govt Set To Redeem N762.5bn T-bills With Planned Eurobond Sale

Govt Set To Redeem N762.5bn T-bills With Planned Eurobond Sale The Federal Government is planning to redeem N762.5bn ($2.5bn) worth of Treasury bills from the...

As 26 Stocks Decline, Market Sinks Further

As 26 Stocks Decline, Market Sinks Further The bearish sentiment of the equities market from the start of the week persisted on Thursday as the...
Godwin Emefiele CBN Governor

CBN- Nigeria Makes N7.3tr From Oil In 2017

CBN- Nigeria Makes N7.3tr From Oil In 2017 Nigeria’s total revenue from crude oil rose by 29 percent to N7.3 trillion in 2017, reflecting impact...
Gov Abdullahi Umar Ganduje of Kano state

Kano Votes N12.4m to Check Desertification

Kano Votes N12.4m to Check Desertification Kano State Government has approved N12.4 million to produce two million assorted seedlings as part of efforts to check...
Kemi Adeosun Finance Minister

FG Reappoints Consortium Of Banks To Handle $2.5bn Eurobond

FG Reappoints Consortium Of Banks To Handle $2.5bn Eurobond The Federal Executive Council on Wednesday reappointed a consortium of banks to handle the nation’s $2.5bn...
Live Covid-19
United States 1,988,544
Cases: 1,988,544
Deaths: 112,096
Recovered: 751,894
Active: 1,124,554
Brazil 676,494
Cases: 676,494
Deaths: 36,044
Recovered: 302,084
Active: 338,366
Russia 458,689
Cases: 458,689
Deaths: 5,725
Recovered: 221,388
Active: 231,576
Spain 288,390
Cases: 288,390
Deaths: 27,135
Recovered:
Active: 261,255
United Kingdom 284,868
Cases: 284,868
Deaths: 40,465
Recovered:
Active: 244,403
India 246,622
Cases: 246,622
Deaths: 6,946
Recovered: 118,695
Active: 120,981
Italy 234,801
Cases: 234,801
Deaths: 33,846
Recovered: 165,078
Active: 35,877
Peru 191,758
Cases: 191,758
Deaths: 5,301
Recovered: 82,731
Active: 103,726
Germany 185,696
Cases: 185,696
Deaths: 8,769
Recovered: 168,900
Active: 8,027
Iran 169,425
Cases: 169,425
Deaths: 8,209
Recovered: 132,038
Active: 29,178
Turkey 169,218
Cases: 169,218
Deaths: 4,669
Recovered: 135,322
Active: 29,227
France 153,634
Cases: 153,634
Deaths: 29,142
Recovered: 70,806
Active: 53,686
Chile 127,745
Cases: 127,745
Deaths: 1,541
Recovered: 95,631
Active: 30,573
Mexico 113,619
Cases: 113,619
Deaths: 13,511
Recovered: 81,544
Active: 18,564
Saudi Arabia 98,869
Cases: 98,869
Deaths: 676
Recovered: 71,791
Active: 26,402
Canada 95,057
Cases: 95,057
Deaths: 7,773
Recovered: 53,614
Active: 33,670
Pakistan 93,983
Cases: 93,983
Deaths: 1,935
Recovered: 32,581
Active: 59,467
China 83,036
Cases: 83,036
Deaths: 4,634
Recovered: 78,332
Active: 70
Qatar 67,195
Cases: 67,195
Deaths: 51
Recovered: 42,527
Active: 24,617
Bangladesh 63,026
Cases: 63,026
Deaths: 846
Recovered: 13,325
Active: 48,855
Belgium 59,072
Cases: 59,072
Deaths: 9,580
Recovered: 16,190
Active: 33,302
Belarus 47,751
Cases: 47,751
Deaths: 263
Recovered: 23,015
Active: 24,473
Netherlands 47,335
Cases: 47,335
Deaths: 6,011
Recovered:
Active: 41,324
South Africa 45,973
Cases: 45,973
Deaths: 952
Recovered: 24,258
Active: 20,763
Sweden 43,887
Cases: 43,887
Deaths: 4,656
Recovered:
Active: 39,231
Ecuador 42,728
Cases: 42,728
Deaths: 3,608
Recovered: 21,020
Active: 18,100
United Arab Emirates 38,268
Cases: 38,268
Deaths: 275
Recovered: 21,061
Active: 16,932
Colombia 38,027
Cases: 38,027
Deaths: 1,205
Recovered: 14,382
Active: 22,440
Singapore 37,527
Cases: 37,527
Deaths: 25
Recovered: 24,559
Active: 12,943
Portugal 34,351
Cases: 34,351
Deaths: 1,474
Recovered: 20,807
Active: 12,070