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Category: Economy

Economy

FEC approves N40 billion for resuscitation of Kontagora Dam

Iheanyi Ejiofor November 1, 2017

The Federal Executive Council, FEC, on Wednesday approved N40.2 billion for the resuscitation and completion of Kontagora/Auna Dam and Irrigation project in Niger as well as N226 million for pests…

Read More FEC approves N40 billion for resuscitation of Kontagora Dam
Economy

Federation Account rakes in N797bn VAT revenue in 10 months

Iheanyi Ejiofor October 31, 2017

The Minister of Finance, Mrs. Kemi Adeosun, on Tuesday, said about N797.51 billion revenue generated from Value Added Tax (VAT) between January and October was transferred into the Federation Account.…

Read More Federation Account rakes in N797bn VAT revenue in 10 months
Business Economy

CBN pumps another $195m into Forex Market

Iheanyi Ejiofor October 31, 2017 headline

The Central Bank of Nigeria (CBN), on Tuesday, October 31, 2017, injected another $195 million into the inter-bank Foreign Exchange market. The apex Bank offered the sum of $100 million…

Read More CBN pumps another $195m into Forex Market
Business Economy Photo Diary

PHOTOS: CBN gov, Emefiele ringing the opening bell at London Stock Exchange last Friday

Iheanyi Ejiofor October 31, 2017 headline

Nigeria’s Central Bank Governor, Godwin Emefiele last Friday, October 27, rang the opening bell at the London Stock Exchange. Below are pictures from the event… CBN governor, Godwin Emefiele, addressing…

Read More PHOTOS: CBN gov, Emefiele ringing the opening bell at London Stock Exchange last Friday
Business Economy

NNPC set to grow revenue generation

Iheanyi Ejiofor October 29, 2017 headline

The Nigerian National Petroleum Corporation (NNPC) says it will grow the nation’s revenue with the flag off of marine seismic data acquisition in Oil Mining Leases 83 and 85 in…

Read More NNPC set to grow revenue generation

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