Amosun signs Ogun State 2017 Budget to law

Ogun State Governor, Ibikunle Amosun, has signed the 2017 budget of 221 billion Naira tagged “Budget of Repositioning” into law. Flanked by the Speaker of...

Bayelsa Govt Confirm Receipt Of N14.5bn Excess Crude Deduction Refund From...

The Bayelsa State Government has on Friday confirmed the receipt of the sum of N14.5billion as excess deductions made by the Federal Government for...

2015: NNPC lost N51.3bn to pipeline attack

Group Managing Director, Nigerian National Petroleum Corporation, Dr. Maikanti Baru, on Thursday declared that the 2016 national budget was grossly impacted by the vandalism...

FG to borrow N430 billion of bonds in Q1

The Federal Government is planning to borrow between N340bn and N430bn of local currency bonds during the first quarter, the Debt Management Office has...

Naira slides further against USD at Parallel Market

The Naira on Wednesday depreciated further against the dollar, amid last minute perfection of documentation by Bureau De Change (BDC) operators, the News Agency...

Flour Mill declares N14.42bn profit

Flour Mills of Nigeria Plc on Friday announced a profit of N14.42 billion for the financial year ended March 31, 2016. This was in contrast...

Banks lost N75 billion revenue to TSA in 16 months

Since the inception of the body - Treasury Single Account in September 2016, a total sum of N75.2 billion has been lost in revenue by...

Akwa Ibom presents N365.2 billion for 2017 budget

The Akwa Ibom Government says it will spend N94.8 billion or 26 per cent of its N365.2 billion budget for 2017 on roads, works...

Speculators lose N100m as CBN pumps dollars into interbank

Foreign exchange (forex) speculators have lost over N100 million in the last three days after the Central Bank of Nigeria (CBN) injected fresh dollars...

Bonny NLNG’s gross revenue $90b since inception

Nigerian National Petroleum Corporation (NNPC) Group Managing Director (GMD) Dr. Maikanti Baru on Monday said the Bonny NLNG is one of the biggest success...

Dangote Flour records N5.54bn profit

Dangote Flour Mills Plc. has recorded N78.11billion revenue for the 12-month period representing an increase of by 62.63 per cent against the year 2015...

$3.5bn MTN fine: Reps gives go ahead for talks

The House of Representatives yesterday said the Nigerian Communications Commission (NCC) can resume talks with MTN Group over the $3.9 billion fine imposed on...

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