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Tag: N10 Billion

We Are Losing Over N10bn – Oil Marketers

We Are Losing Over N10bn - Oil Marketers   The Petroleum Product Retail Outlet Owners Association of Nigeria has said its members across the country are losing over N10bn following the slash of fuel pump price of Premium Motor Spirit known as petrol by the Federal...

CBN Targets N10bn Growth In Non-oil Exports

CBN Targets N10bn Growth In Non-oil Exports   The Central Bank of Nigeria says the bank is targeting an increase in non-oil exports from N2bn to N12bn. The Director, Corporate Communications Department, Isaac Okorafor said this during a one-day interactive session with members of the Organised Labour...

Importers Lose Over N10bn Annually On Substandard Goods – ANLCA

Importers Lose Over N10bn Annually On Substandard Goods – ANLCA   The President of the Association of Nigerian Licensed Customs Agents (ANLCA), Iju Tony Nwabunike, at the weekend, claimed that customs brokers in the country lose over N10 billion annually on the importation of fake and...

CBN Sets N10bn Paid-up Capital For MGCs

CBN Sets N10bn Paid-up Capital For MGCs   The Central Bank of Nigeria has set a minimum level of N10bn paid-up capital for Mortgage Guarantee Companies. A Mortgage guarantee firm is a financial institution established to provide guarantees or partial guarantees to lenders against losses resulting from...

Lagos Sports Fund Targets N10bn, National Stadium

Lagos Sports Fund Targets N10bn, National Stadium The Lagos State Sports Trust Fund on Thursday said it would raise N10 billion over the next five years to boost the development of the sector. It also said it would overhaul Rowe Park and the derelict National Stadium,...

Renewed Selloff Hits NSE As Indices Drops by N10bn

Renewed Selloff Hits NSE As Indices Drops by N10bn   Renewed sell off in the shares of many highly capitalised negatively impacted transactions on the Nigerian Stock Exchange (NSE) yesterday, as market capitalisation dropped by N10 billion. Yesterday, the All-Share Index (ASI) shed 27.26 absolute points, representing...