Solid Minerals Contributed N43.2Bn Govt Revenue in 2016-NEITI

Solid Minerals Contributed N43.2Bn Govt Revenue in 2016-NEITI Abuja, November 13, 2018. The solid minerals sector contributed a total sum of N43.22billion to government coffers...

KEDCO assures consumers of adequate power supply

KEDCO assures consumers of adequate power supply The Managing director and chief Executive Officer (MD/CEO) of Kano Electricity Distribution Company (KEDCO), Dr. Jamilu Isyaku Gwamna, has...

Forex: CBN Boosts Market with $210mn

Forex: CBN Boosts Market with $210mn The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange...

FAAC Shares N741.8bn to Tiers of Govt for August 2018

FAAC Shares N741.8bn to Tiers of Govt for August 2018 A total of N741.843 billion has been distributed as Federal Allocation for the month of...

CBN revokes Skye Bank’s licence, Polaris Bank takes over

CBN revokes Skye Bank’s licence, Polaris Bank takes over 1. You will recall that on 4th July 2016, we took a regulatory action on Skye...

NNPC Counters Police: We’ve No Hidden $470mn, N8bn in Commercial Banks

NNPC Counters Police: We've No Hidden $470mn, N8bn in Commercial Banks · Our Accounts in full view of the Presidency, the Office of the Accountant-General...

Foreign Investors: CBN Allays Fear over Forex Sanctions

Foreign Investors: CBN Allays Fear over Forex Sanctions The Central Bank of Nigeria (CBN) acknowledges the public interest over sanctions recently imposed on four deposit...

Presidency Accepts Adeosun’s Resignation, Appoints Zainab Finance Minister

Presidency Accepts Adeosun's Resignation, Appoints Zainab Finance Minister President Muhammadu Buhari Friday accepted the resignation of the Hon. Minister of Finance, Mrs Kemi Adeosun. The...

FG, States Shared N3.9tr in First Half of 2018- NEITI

NEITI: FG, States Shared N3.9tr in First Half of 2018 -Revenues in Q2, 2018 the highest since Q3, 2014 -Disbursements from VAT increased by 35% over...

Osinbanjo at Dangote Business School, Tasks Youths on Entrepreneurship

Osinbanjo at Dangote Business School, Tasks Youths on Entrepreneurship Vice President Yemi Osinbanjo has charged young Nigerian innovators and entrepreneurs to always be focused and...

Nigeria, China to sign $328m agreement on ICT

Nigeria, China to sign $328m agreement on ICT President Muhammadu Buhari arrived Beijing to attend the Beijing Summit ­ of the Forum on China-Africa Cooperatio­n...

CBN Slams N5.87bn on 4 Banks, MTN to Refund $8bn

CBN Slams N5.87bn on 4 Banks, MTN to Refund $8bn …Standard Chartered – N2.4 bn …Stanbic IBTC – N1.8 bn …Citibank – N1.2 bn …Diamond Bank – N0.25...

Cross-River: CBN Flags Off Input Distribution to Farmers

Farmers: CBN Flag Off Input Distribution to Cross-River Furtherance to its resolve to make agriculture regain an enviable position as a business venture rather than...

FAAC Shares N821bn to FG, States, LGs in July 2018

FAAC Shares N821bn to FG, States, LGs in July 2018 The Federation Accounts and Allocation Committee (FAAC) at its meeting shared the total sum of...

Forex: CBN injects US Dollars, Chinese Currency into Interbank

Forex: CBN injects US Dollars, Chinese Currency into Interbank Following last week’s take-off of its intervention in the sale of foreign exchange in Chinese Yuan...

NASS Explains Grey Areas on the Signed 2018 Budget

NASS Explains Grey Areas on the Signed 2018 Budget The House of Representatives is appreciative of President Muhammadu Buhari in signing the 2018 Appropriation Bill...

Forex: CBN gives Retail SMIS $343.06m boost

Forex: CBN gives Retail SMIS $343.06m boost The retail Secondary Market Intervention Sales (SMIS) has received a boost of $343.06 million from the Central Bank...

CBN on Fire, WhatsApp to the Rescue – Yushau A. Shuaib

Opinion: CBN on Fire, WhatsApp to the Rescue By Yushau A. Shuaib On May 1, 2018, while Nigerians were observing a work-free day for workers, a...

Forex: CBN to Sanctions Bank over BTA/PTA to Customers

Forex: CBN to Sanctions Bank over BTA/PTA to Customers The Central Bank of Nigeria (CBN) has reliably gathered that some banks are turning back customers...

ASVI 2017: States Generate N931bn, Only 8 Economically Viable, 17 States...

Annual States Viability Index ASVI: 36 States Generate N931bn IGR Against N3.3trn from Federation Account … Lagos Generates More IGR than 30 States Combined …. Economic...

Popular News