Economy

FG, States, LGCs Share N788bn for October 2018 A total of N788.139 billion has been distributed as Federal Allocation for the month of October 2018...

Video-on-Demand on Pinnacle Platform soon- NBC Boss Pinnacle Communications Limited, the single largest investor in Nigeria’s Digital Switch Over (DSO) from analogue to digital broadcasts,...

AGF Calls for Automation of Non-Oil Revenue Collection The Accountant - General of the Federation, Mr. Ahmed Idris has stressed on the importance of automation...

CBN buoys Forex supply with $210m The Central Bank of Nigeria (CBN) has again intervened in the interbank foreign exchange market by injecting the sum...

FG, States Shared N2.2tr in Third Quarter of 2018-NEITI Revenue disbursements by the Federation Account Allocation Committee (FAAC) to the three tiers of government has...

KEDCO Poised to Address Customers’ Complaints The Managing Director and Chief Executive Officer of Kano Electricity Distribution Company (KEDCO) Dr. Jamilu Isyaku Gwamna( Sardaunan Gombe)...

NNPC Guards, Cleaners Protest Non-payment of Salary in Borno Private security guards and cleaners deployed to the Nigeria National Petroleum Cooperation (NNPC) Depot in Maiduguri...

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

Moghalu Condemns Buhari Administration over Illegal Subsidy Payment Lagos, Nigeria, November 07, 2018 - Professor Kingsley Moghalu, the presidential candidate of the Young Progressives Party...

Ghana Reopens Nigerians' Shops All the locked up shops owned by Nigerian traders in Ghana have been reopened except few ones whose owners were not...

NIMASA to Enforce Sulphur Limit on Bunker Fuel- Dakuku The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has...

AEMA: China-Africa Economic Relations, more Resourceful - AFDB •Injects $160bn loan, aid to Africa in 3 years •As Elumelu, Dangote, Dora Akunyili, others nominated for Africa...

OPS to discuss economic strategy for Nigeria at WorldStage Summit At a time when attention is majorly focused on politics, as Nigeria is getting ready...

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...

Egyptian Firm Plans Halal Meat factory in Kano Kano state government and Bovine Masters, an Egyptian investment company will soon sign a Memorandum of Understanding...

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 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 · Our Accounts in full view of the Presidency, the Office of the Accountant-General...

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...