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Category: Economy

Business Economy

CBN injects $364 m into Inter-Bank Forex Market

Iheanyi Ejiofor August 15, 2017 headline

The Central Bank of Nigeria (CBN) on Tuesday, August 15, 2017, intervened in the Inter-Bank Foreign Exchange Market to the tune of $364million in a bid to sustain liquidity in…

Read More CBN injects $364 m into Inter-Bank Forex Market
Business Economy

FIRS, others share data of high income earners

Iheanyi Ejiofor August 14, 2017

The Joint Tax Board (JTB) and the Federal Inland Revenue Service (FIRS) have started sharing data of high net worth individuals to profile income earners and taxpayers and get them…

Read More FIRS, others share data of high income earners
Economy

Dangote to commit $450m to agric business in Niger

Iheanyi Ejiofor August 14, 2017 headline

Alhaji Aliko Dangote, the President of Dangote Group, on Monday said the company would invest $450 million in agriculture in Niger State over the next three years Dangote, who made…

Read More Dangote to commit $450m to agric business in Niger
Economy

Eight Chinese citizens arrested in Jos for illegal mining

Iheanyi Ejiofor August 14, 2017 headline

Ebun Francis || The National Security Adviser, NSA, Ali Munguno on Monday ordered the immediate arrest of eight Chinese Nationals for engaging in illegal mining activities in the Country. The…

Read More Eight Chinese citizens arrested in Jos for illegal mining
Economy

We have remitted $31bn to federation account – Shell Petroleum

Iheanyi Ejiofor August 14, 2017 headline

Shell Petroleum Development Company (SPDC) has remitted 29.8 billion dollars to the federation account and 1.2 billion dollars to Niger Delta Development Commission (NDDC) between 2002 and 2016. Mr. Igo…

Read More We have remitted $31bn to federation account – Shell Petroleum

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