Nigeria’s revenue from crude oil and gas sales rose by 35 per cent, representing $416m in June, the Nigerian National Petroleum Corporation (NNPC) said yesterday. The NNPC in a statement, which announced the release of its June 2018 monthly financial […]
The Managing Director and Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umaru Ibrahim, yesterday said N11.50 billion had been paid to depositors, creditors, shareholders and other stakeholders of closed financial institutions as at December 31, 2017. He also said […]
United Capital Plc, a leading financial services group just launched its new, improved online investment platform, InvestNow. The company, which prides itself in being innovative and customer-centric rolled out this platform as part of its retail strategy and unwavering commitment […]
Following the withdrawal of operating license of Skye Bank Plc by the apex Central Bank of Nigeria, the Managing Director of the Nigeria Insurance Deposit Corporation (NDIC), Godwin Emefiele, has changed name of Skye Bank to Polaris Bank. Emefiele, at […]
The Central Bank of Nigeria has withdrawn the operating licence of Skye Bank. Umar Ibrahim, chairman of the Nigeria Deposit Insurance Corporation (NDIC), made this known to journalists on Friday. Details later…
There are strong indications that aircraft leasing companies may blacklist Nigeria over failure of domestic operators to keep to terms of agreements in leasing aircraft, spares and engines. This development was disclosed to THISDAY in an exclusive interview by the […]
Taraba State government has launched core electronic Internally Generated Revenue solution with a view to improving revenue generation. The state government noted that the move would help in improving the living standard of the citizenry. Flagging off the exercise at the […]
Nigeria’s Gross Domestic Report (GDP) has grown 1.50% in the second quarter against 1.95% in the first quarter of 2018. According to the GDP report released by the National Bureau of Statistics (NBS), the second quarter GDP is driven by […]
The Debt Management Office (DMO) has raised N410 billion from the domestic capital market to fund the 2018 budget. The Director-General of the DMO, Ms, Patience Oniha, disclosed this at a press briefing in Abuja on Tuesday. She also revealed […]
The Kogi State government is working with a Brazilian group of companies, enigma to build a sugarcane refinery and plantations in three communities in the state. The state finance commissioner of Finance Ashiru Asiwaju Idris led other top government officials […]
The Nigerian government has taken steps to reverse trade and negotiation failures, as well as coordination deficits in trade agreements signed with other nations. Disclosing this during a visit to Buhari Media Organisation (BMO) in Abuja, Director General of the Nigerian […]
Representatives of top bank executives have commended the economic policies of the Federal Government especially the Ease of Doing Business, agricultural revolution and anti-corruption campaign. This is just as President Muhammadu Buhari met with the Nigerian community in Togo on Sunday […]
