How Federal, State, Local Governments Shared N720.880b
Federal Government, states and local governments shared a total of N720.880 billion for the month of August 2019. This was disclosed at the monthly meeting...
Category : Business
$4.3b Needed To Get 20MW ― TCN
Managing Director of Transmission Company of Nigeria (TCN), Mr Usman Mohammed, on Wednesday, disclosed that a whooping sum of $4.3 billion worth of investment is...
CBN Approves Hope PSB, Money Master PSB, and 9PSB As Payment Service Banks
Central Bank of Nigeria (CBN) has issued approvals-in-Principle (AIP) to three Payment Service Banks (PSBs). They are Hope PSB, Money Master PSB, and 9PSB. This...
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CPI: Inflation Drops To 11.02% In August
Consumer Price Index (CPI) report, for the month of August 2019, showed that inflation dropped to 11.02 per cent year-on-year in August from 11.08 per...
Buhari Sympathises With Saudi Arabia Over Oil Attacks
President Muhammadu Buhari said Monday the Federal Republic of Nigeria stands in solidarity with the Kingdom of Saudi Arabia, following drone attacks on its refinery...
China to Finance Deal Of $2.5b In NNPC – GMD Kyari
The Group Managing Director (GMD) of Nigerian National Petroleum Corporation (NNPC), Mr. Mele Kyari, has said that the corporation is in talks with China for...
How Stock Market Loses N99b In One Day
Trading activities on the floor of Nigerian Stock Exchange (NSE) Monday opened the week on a bearish trend as value of traded equities declined by...
Anambra Businessmen Invest In Cattle Ranching
In response to the crisis between herders and farmers, Anambra State is taking a lead in the cattle ranching initiative. To this end, ranches are...
Lesson From Saudi Oil Attack … As Nigerian Oil Soars Above $71
When Yemeni rebels claimed responsibility for drone attacks on Saudi oil pumping stations and a pipeline four months ago, the Houthi movement warned that it...