China invests $45 billion on projects in Nigeria

In furtherance of its economic policy, the Belt and Road Initiative, The People’s Republic of China has invested $22 billion in some projects in...

FG, states, LGs shared ₦1.41 trillion in first quater: report

Nigeria Federal Government, the 36 states of the federation and the 774 local government areas have so far shared ₦1.4tn from the Federation Account,...

AfDB approves $350m loans to Nigerian banks

The African Development Bank (AfDB) has approved $300 million and $50 million trade finance loans to First Bank of Nigeria and FSDH Merchant Bank...

You can now pay your tax online, says FIRS

The Federal Inland Revenue Service (FIRS) has announced that individuals and corporate organisations in the country can now file their tax returns online. This was...

Kebbi varsity secures Gates’ research grant

The Bill and Melinda Gates Foundation has funded a one million dollars research projects at the Kebbi State University of Science and Technology, Aliero.The...

FMDQ Securities Exchange transactions hit ₦12.74trn

The FMDQ OTC Securities Exchange recorded 36.13 per cent growth in fixed income and currency markets transactions in July. The company posted transactions worth ₦12.74...

Naira was accepted abroad for trading in the 70s, says Ex-CBN...

The former Deputy Governor of Central Bank Of Nigeria, Dr Obadiah Mailafia, has appealed to the Federal Government to take measures that will make...

Naira falls to ₦381 against USD despite CBN’s $205m injection

The naira depreciated slightly from 380 per United States dollar to ₦381/dollar on the parallel market on Monday.This came despite a $205m injection into...

Lagos disburses ₦11.75 billion to retirees

Lagos State government disbursed ₦11.75 billion to retirees last year.Commissioner for Establishment, Training and Pensions Dr. Akintola Benson Oke said yesterday the amount was...

BoI seeks ₦1 trillion to finance ‘economic recovery plan’

The Bank of Industry is seeking to raise about ₦1tn from local and international sources to finance the industrial component of the Economic Recovery...

Naira at ₦386/USD despite CBN’s $457m injection

The naira closed flat at ₦386 against the United States dollar on the parallel market on Monday, the same rate it closed on Friday.This...

FG will recapitalise BoA to enable farmers access funds – Minister

The Federal Government says it will recapitalise Bank of Agriculture to the tune of N3tn in order to enable farmers in the country have...

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