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Tuesday, November 20, 2018

FG to generate N6bn from concession of 20 Silos

The Federal Executive Council (FEC) on Wednesday approved the Concessioning of 20 out of its 33 Silos to private sector operators at the cost...

CBN, BPE sign deal on 12.4bn FG’s shares in NSPMC

The Central Bank of Nigeria (CBN) and the Bureau of Public Enterprises(BPE) have signed an agreement for the sale of the Federal Government’s 12.4...

GIABA Opens 6th Regional Workshop on Anti-Money Laundering for CSOs

The Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) has opened the 6th edition of the Regional Sensitization Workshop on Anti-Money Laundering...

CBN boosts foreign exchange market with $210m

The Central Bank of Nigeria (CBN) says it has injected 210 million dollars into the inter-bank Foreign Exchange Market to meet customer’s request in...

Nigerian Govt urged to address manufacturers’ challenges

A financial expert, Mr Boniface Ekezie, on Monday called on the Federal Government to tackle the challenges facing manufacturers to grow the nation’s Gross...

CBN to disburse N220 billion to Enterprises Development Fund

The Central Bank of Nigeria (CBN) said it had set aside N220 billion to be disbursed as loans to cooperative organisations under Micro Small...

FG, States, LGs share N714.8bn in July, as revenue declines by N107.1bn

Federal, states and local governments on Thursday shared N714.8 billion revenue generated in July. The figure indicated a decline of N107.1 billion when compared to...

NLNG remits $6.5b as tax to FIRS

The Nigerian Liquefied Natural Gas (NLNG) has remitted more than $6.5 billion in taxes to Federal Inland Revenue Service (FIRS) since 2009. Mr Tony Attah,...

CBN boosts foreign exchange market with $210m

The Central Bank of Nigeria (CBN), has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure adequate supply of foreign exchange...

Nigeria repositioning maritime -Buhari

President Muhammadu Buhari has identified maritime sector as rich with untapped assets which the government is repositioning to drive the economy and promote diversification. Buhari...

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Oyo workers receive Sept., Oct. salaries

The Oyo State Government has disclosed that the September and October 2018 salaries approved by Governor Abiola Ajimobi has been paid to the state...

Africa world’s next big growth market

Africa will become the world’s next big growth market, akin to the Asian boom, McKinsey, a management consulting firm said on Tuesday. “While other geographies...

Jonathan, a true democrat – Buhari

President Muhammadu Buhari on Tuesday in Abuja hailed his predecessor, Dr Goodluck Jonathan, for voluntarily conceding defeat at the 2015 general elections, describing him...
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