Concerns Over $17bn Annual Freight Loss To Foreign Shipping Lines
Stakeholders in the maritime industry have expressed displeasure over the yearly $17 billion revenue loss to foreign ship owners due to the inability of the country to lift her cargoes.
According to shipping experts and economists,...
Report Predicts $17bn Decline In Nigerian Oil Revenue
Nigeria’s oil revenue is likely to decline by between 70 per cent and 80 per cent this year, representing between $15 billion and $17 billion, the Chief Executive Officer of Financial Derivatives Company Limited and a member...
Airlines Raise Over $17bn To Stay Afloat
Airlines worldwide raised more than $17 billion in bank loans in March to shore up their finances amid the coronavirus outbreak.
U.S. carriers were the most active, borrowing $12.5 billion, according to data compiled by Bloomberg. Delta Air Lines...
Stakeholders Reprimand CBN Over $17bn Illicit Financial Flows
Illicit Financial Flows (IFFs) out of Nigeria may not subside unless the Central Bank of Nigeria (CBN), takes a bold step in designing preventive measures and enforcing regulations that would curb commercial banks and individuals arbitrariness engaged...
Fed Govt Approaches China For $17bn Loans
The Federal Government on Tuesday explained why it decided to approach the China-Exim Bank for a $17bn loan request.
It said other lending institutions like the World Bank and the African Development Bank were not showing much interest when...
Nigeria loses $17bn Yearly To Illicit Financial Flows
CBN Governor, Godwin Emefiele Transparency International (TI) and Civil Society Legal Advocacy Centre (CISLAC) have said that Nigeria is losing an estimated $17bn annually to illicit financial flows due to the federal government’s failure to honour its...
