FAAN Contractors Cry Out Over N140bn Debt       The controversy trailing the proposed concession of four international airports by the Federal Government took another dimension yesterday following revelations that the Federal Airports Authority of Nigeria (FAAN) owes contractors over N140bn. This is coming barely a week after...

Petrol Could Reach N256/Litre Without N140bn Monthly Subsidy – NNPC       Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said the federal government is injecting between N140 billion to N150bn monthly to keep petrol price at N162 per litre, from its...

N140bn Solar Project Not Free - Osinbajo       Vice President Yemi Osinbajo has told beneficiaries of the N140 billion home solar project is not free. The solar systems are part of the Nigerian Economic Sustainability Plan (NESP) that the President Muhammdu Buhari administration’s response to the economic...

Stock Market Records N140bn Weekly Loss       The Nigerian stock market extended its decline last week as investors lost N140bn. The Nigerian Stock Exchange All-Share Index and market capitalisation depreciated by 0.69 per cent to close the week at 38,382.39 and N20.08tn respectively. All other indices, however, finished...

Stock Market Sustain Positive Sentiment With N140bn Gain       Nigerian stocks, on Wednesday, sustained its positive outlook for the third day as the All-Share Index and market capitalisation rose further by 0.76 per cent each. Market watchers attributed the development to renewed confidence as bargain hunters continued...

Nigeria’s Oil Revenue To Drop By N140bn Following OPEC Cut     The revenue accruable to the Federal Government from the sale of crude oil is estimated to drop by a cumulative sum of about N140bn in May and June this year following oil production cuts by...