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In Just Three Days, Nigeria’s External Reserves Drop By Over $100m

In Just Three Days, Nigeria's External Reserves Drop By Over $100m       Nigeria’s external reserves fell by $100 million in three days, from June 26 to June 28, as the figures continued to witness historic depletion. According to data sourced from the Central Bank of Nigeria (CBN),...

$100m Lost As NNPC Gives Bunkering Service To Foreigners – SOAN

$100m Lost As NNPC Gives Bunkering Service To Foreigners - SOAN       Shipowners Association of Nigeria (SOAN) has said that $100 million is lost to capital flight as the Nigerian National Petroleum Corporation (NNPC) recently contracted coastal and bunkering vessel services to a foreign shipping company,...

Olam, Nine Others Earned $100m From Exports – CBN Report

Olam, Nine Others Earned $100m From Exports – CBN Report       Top 10 exporters in the country exported non-oil goods worth $100.88m in November, according to the Central Bank of Nigeria. The CBN disclosed this in its latest monthly economic report. Part of the report read, “Estimates of...

Atiku Part Ways With Intels, Sells Shares For $100m

Atiku Part Ways With Intels, Sells Shares For $100m         Former Vice President, Atiku Abubakar has sold his shares in Integrated Logistic Services (INTELS) to Orleal Investment Group, the parents company of Intels, for various amounts totalling over $100 million in the deal that spanned two...

Reps Probe NNPC’s $100m Insurance Policy On Non-existing Assets

Reps Probe NNPC’s $100m Insurance Policy On Non-existing Assets     An investigative hearing into the $100 million premium allegedly paid by Nigerian National Petroleum Corporation (NNPC) and Joint Ventures (JVs) for non-existing assets overseas as well as the implementation of insurance policies of other Ministries, Departments...

Mining Firm To Invest $100m In Nasarawa State

Mining Firm To Invest $100m In Nasarawa State     Multiverse Mining and Exploration Plc, the only listed mining company on the Nigeria Stock Exchange, is investing $100m in Nasarawa State. The Managing Director of the company, Mr Ayedun Fasina, made this known when he led a delegation...