The Central Bank of Nigeria, CBN, will soon mop up a total of N200.32 billion from the banking sector in […]
Category: Business & Economy
FG Targets Three Million Taxpayers In Two Years
The federal government plans to increase the number of taxpayers in the country from 14 million presently to about 17 […]
Osinbajo Signs 2017 Budget Into Law At Last
Yemi Osinbajo, acting President, has signed the 2017 appropriation bill into law after a long wait. He appended his signature to […]
CBN Shores Up Naira Value With $413.5 Million
The Central Bank of Nigeria, CBN, yesterday again pumped $413.5 million into the inter-bank Foreign Exchange market to further shore […]
NNPC Records N34 Billion First Quarter Loss
The Nigerian National Petroleum Corporation, NNPC, has recorded a loss of N33.996 billion as at March, making it the third […]
Price Of Oil Soars To $51 Per Barrel
Going by a report by S&P Global Platts, a global oil research firm, Nigeria’s Brent crude price will increase by […]
How FG Spent N4.74 Trillion on Fuel Imports in 2016 – Kachikwu
Ibe Kachikwu, minister of State for Petroleum Resources, has disclosed that the country spent N3.4 trillion on importation of petroleum […]
Dangote, Nasarawa State Sign MOU on Sugar Refinery, Plantation
Nigeria’s dream of becoming self-sufficient in sugar production will soon be realised, with the signing of a Memorandum of Understanding, […]
Adeosun Tightens the Noose On Treasury looters
Kemi Adeosun, minister of Finance, believes high level corruption is endemic in Nigeria because it is too easy for people […]
Zenith Bank Rakes In $2.1 Billion From Successful Eurobond
Call it a test of the bank’s strength and you might just be right. Zenith Bank Plc’s Eurobond 2022 was […]