The Nigerian National Petroleum Corporation (NNPC) has reported a month-end trading deficit of N11.22 billion in August. The figure was obtained on…
Category:
Economy
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The Central Bank of Nigeria (CBN) said that decline in economic activities persisted in October but at a slower space. This was…
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The Association of Nigerian Electricity Distributors (ANED) has projected that the electricity market revenue would record an N809.8 billion shortfall by December.…
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The Federal Ministry of Agriculture and Rural Development has said that the country has market volume of 150,000 tonnes of tomato paste…
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Some Samsung mobile phone dealers in Abuja on Tuesday said many of the Samsung Galaxy Note 7 phones sold in Nigeria were…
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BusinessEconomyFinanceNews
Customs CG to appear before House of Reps over unlicensed insurance broker
Comptroller General of Customs Service, Col. Hammed Ali (Rtd), will appear before the House of Representatives ad-hoc committee over N250million insurance commission paid…
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BusinessEconomyMaritimeNews
Senate discovers billions of naira overtime cargoes unclaimed after 10 years
The Senate has discovered overtime cargoes worth billions of naira stacked at the Ikorodu Lighter Terminal, Lagos State, by the Nigeria Ports…
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When on October 18, four Nigerian journalists were taken on board Turkish Airlines for a flight to Istanbul; it was like what…
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The Nigerian National Petroleum Corporation (NNPC) has said that from January 2016 till date, government lost $7bn, about N2.1tn, to the activities…
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The U.S. Consul-General in Nigeria, Mr John Bray, on Friday said that his government, had this year, spent $381,220 (about N116.27million) as…
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BusinessEconomyNews
Financial inclusion for women critical to economic growth in Nigeria – Okonjo-Iweala
The former Minister of Finance and co-chair, Women World Banking, Africa Advisory Council, Dr. Ngozi Okonjo-Iweala, has said that giving the 70…
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Access Bank Plc on Friday declared a profit before tax of N72 billion for the nine months ended Sept. 30, 2016. The…
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THE House of Representatives yesterday lamented that 20 Nigerians owed the Asset Management Company of Nigeria, AMCON, N1.2 trillion. This revelation is…
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Dr Obadiah Mailafia, a former deputy governor of the Central Bank of Nigeria (CBN), has advised the Federal Government to produce a…
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*FG can only borrow N1.6trn local, N4.8trn external *30% of budget should go for capital investments Nigeria’s total external debt stock outstanding…