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Tag: $11 Billion

FG To Apply For $11bn Loan To Construct Lagos-Calabar Rail Line — Amaechi

FG To Apply For $11bn Loan To Construct Lagos-Calabar Rail Line — Amaechi         Minister of Transportation, Chibuike Amaechi, said, yesterday, that the Federal Government was set to apply for a $11billion loan to construct Lagos to Calabar rail. Amaechi made the disclosur y during an interactive...

Lawmakers Reject CBN’s Presentation On $11bn Power Cash

Lawmakers Reject CBN’s Presentation On $11bn Power Cash     The House of Representatives yesterday rejected the presentation of the Central Bank of Nigeria (CBN0 on the $11 billion withdrawn from the Excess Crude Account (ECA) for the National Integrated Power Project (NIPP) following observed discrepancies in...

On Forex,CBN Spends $11bn This Year

On Forex,CBN Spends $11bn This Year The Central Bank of Nigeria (CBN) has spent $11bn in foreign exchange interventions in the various segments of the interbank market in from January to December 2018. The interventions, as released by the CBN from time to time and computed...

Nigeria’s Petroleum Products Annual Import Bill Now $11bn – Expert

Nigeria’s Petroleum Products Annual Import Bill Now $11bn - Expert   Annually, Nigeria spends as much as $11 billion to import petrochemical related products such as petrol, diesel, and kerosene, amongst others, the Managing Director of United States-based Integrated Gas and Energy Services, Mr. Emmanuel Anyaeto,...