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Category: Economy

Business Economy

FG realises N550 billion from privatisation of assets

Iheanyi Ejiofor June 7, 2018 headline

The Director-General, Bureau of Public Enterprises (BPE), Alex Okoh, on Thursday said that about N550 billion was realised from the privatisation of some of federal government’s 142 assets that had…

Read More FG realises N550 billion from privatisation of assets
Business Economy headline

Local Content: N/Delta activists threaten shutdown of Agip

Iheanyi Ejiofor June 6, 2018 headline

Emeka Ejere| A Niger Delta group, under the aegis of Niger Delta Activist Forum, has threatened to shut down the Nigeria Agip Oil Company (NAOC) if it fails to induct some…

Read More Local Content: N/Delta activists threaten shutdown of Agip
Business Economy headline

Forex: CBN Okays wider margin for BDCs

Iheanyi Ejiofor June 4, 2018 headline

…Invisibles, SMEs windows get $55 m each The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin available to operators of Bureau De Change (BDC)…

Read More Forex: CBN Okays wider margin for BDCs
Business Economy headline

NNPC debunks rumour on N36b royalty to PH refinery hosts

Iheanyi Ejiofor June 3, 2018 headline

Emeka Ejere| Nigerian National Petroleum Corporation (NNPC) has dismissed rumours of an approved N36billion compensation said to be due to Alesa-Eleme community in Rivers State as royalty for playing host…

Read More NNPC debunks rumour on N36b royalty to PH refinery hosts
Business Economy headline

Forex: CBN sells $331.41m at SMIS

Iheanyi Ejiofor June 1, 2018 headline

In continuation of its push to guarantee foreign exchange liquidity, the Central Bank of Nigeria (CBN) on Friday, June 1, 2018, sold a total of $331.41million to players in different…

Read More Forex: CBN sells $331.41m at SMIS

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