The Federation Account Allocation Committee (FAAC) disbursed the sum of N462.36bn to the three tiers of government in June 2017 from the…
Finance
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National Bureau of Statistic said that only 10.93 per cent of Nigerian working population are captured in the Retirement Savings Account. NBS…
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A mob of street sweepers toured Lagos metropolis for three days doing choreographed dances while “cleaning” on the go. Aptly named Skate…
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The International Monetary Fund IMF has predicted that Nigeria will be out of recession in 2017 with a growth of 0.8 per…
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FinanceNewsOil and Gas
Unremitted $232m: Presidency, CBN, others aware of the funds in 3 banks— NNPC
Nigeria National Petroleum Corporation NNPC, has said that the federal authorities are aware of the lodgement of $232 million in three Nigerian…
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Accountant General of the Federation briefed Council on the balances in the following accounts as at 19thJuly, 2017: (i) Excess Crude Account…
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FinanceNews
TSA: FBN, Diamond, Skye 4 others ordered to remit $793m to FG, Sterling, Fidelity deny involvement
Seven banks have been ordered by a Federal High Court in Lagos to remit a total of $793, 200, 000 allegedly hidden…
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United Bank for Africa (UBA) Plc has review upward the monthly international spend limit on its debit and prepaid Naira cards from…
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The sale of Kolawole Akanni Aluko’s plum penthouse condominium, real estate and luxury yacht in the U.S was delayed at the last…
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In a concerted effort to fast-track jobs and wealth creation through entrepreneurship, the bank of Industry (BoI) and the Ebonyi state government…
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The Nigeria Extractive Industries Transparency Initiative, NEITI, yesterday the low saving culture of the country and also faulted the Federal Government over…
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(Afrinvest). The Nigerian equities market extended gains to the 9th consecutive session as the All Share Index (ASI) rose 0.4% to…
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Central Bank of Nigeria has extended its guarantees to Skye Bank for another one year while it considers the bank’s recapitalisation proposal,…
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The Central Bank of Nigeria (CBN), in continuation of its FOREX supply drive, on Monday, July 17, 2017, intervened in the inter-bank…
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The Nigerian equities market, on the first trading day of the week, extended gains from the previous week as the benchmark index…