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Why MDAs’ October Salary Is Delayed – Fed Govt

Why MDAs’ October Salary Is Delayed – Fed Govt       The Federal Government on Monday attributed the delay in the payment of salaries in some ministries, departments and agencies to the fact that the 2020 Budget was passed into law before the conclusion of negotiation on...

E-payment Transactions Hit N111.29trn In Nine Months

E-payment Transactions Hit N111.29trn In Nine Months         The value of transactions via the two digital payment platforms – Nigeria Interbank Settlement System Instant Payment System and Point of Sales terminals – rose to N111.29tn from January to September this year. The two platforms recorded a 44...

300 Sacked SPDC Contract Staffs In Delta Protest, Demand Benefits

300 Sacked SPDC Contract Staffs In Delta Protest, Demand Benefits         Amidst the #EndSARS protest in Delta State, over 300 contract staff who were allegedly sacked by the Shell Petroleum Development Company on Monday staged a protest in Warri, demanding their terminal benefits from the oil...

Nigeria’s Oil & Gas Earnings Climb To N24trn In 5yrs

Nigeria’s Oil & Gas Earnings Climb To N24trn In 5yrs       Despite the huge global crash in prices, Nigeria’s earnings from oil and gas in the first half of 2020, is N2.41 trillion just 8.7 per cent below the N2.63 trillion recorded in the corresponding period...

Telecom Operators Invested N471.9bn In 2019 – NCC

Telecom Operators Invested N471.9bn In 2019 - NCC       The capital investment of mobile network operators and other telecom service providers in 2019 stood at N471.91bn, growing by seven per cent; the latest report by the Nigerian Communications Commission has shown. The capital investment of operators increased...

Lagos Atop As States’ IGR Drops By 11.7%

Lagos Atop As States’ IGR Drops By 11.7%       The Internally Generated Revenue of the states dropped to N612.87bn in the first six months of 2020 from N693.91bn in the corresponding period of 2019. The National Bureau of Statistics disclosed on Tuesday in its report published on...