CBN Boosts FOREX Market With $413.5m
The Central Bank of Nigeria (CBN) has intervened in the inter-bank Foreign Exchange market to the tune of $413.5 million,…
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FG To Raise N236.6bn T-bills
The federal government plans to sell N236.66 billion of short-dated treasury bills (T-bills) at an auction on June 14, the…
Shell Reopens Forcados Terminal For Crude Export
The Shell Petroleum Development Company of Nigeria Ltd (SPDC) operator of the Shell/NNPC Joint Venture on Tuesday lifted the 17…
N701bn Stimulus: 10 GenCos Get N12bn As FG Begins Disbursement
The Nigerian Bulk Electricity Trader (NBET) has disclosed that about 10 generating companies (GenCos) have received N12 billion from the…
ExxonMobil, Taleveras, Ophir Win Oil Blocks In Equatorial Guinea
Three major oil firms, including Exxon Mobil, Taleveras, and Ophir yesterday won Oil Blocks in Equatorial Guinea. Equatorial Guinea’s Minister…
NSE All-Share Index inches 31,000 mark amid massive gains
Massive gains recorded by major equities on the Nigerian Stock Exchange on Friday moved the All-Share Index to 31, 000…
Nigeria Spent N49trn Importing Raw Materials In 15 Years – FG
The federal government has disclosed that between 2000 and 2015, Nigeria spent as much as N49 trillion importing raw materials…
Banks lose N2.19 Billion to fraudsters in 2016 – CBN
The Central Bank of Nigeria on Tuesday said that Deposit Money Banks lost a total sum of N2.19bn to fraudsters…
Dwindling Cargoes, Policy Threaten FG’s Revenue At Seaports
Dwindling of importation of cargoes into the country would impact negatively on the federal government’s revenue generation at the seaports…
Benue: Dangote Calls For Review Of Taxes, Levies
President and chief executive officer of Dangote Group, Alhaji Aliko Dangote, has called on the Benue State government to address…