Nigeria Loses N6trn To Fire Incidents
Properties worth a whooping N6trillion has been lost to outbreak of fire incidents in Nigeria within the last five years, Chairman Senate Committee on Interior, Emmanuel Andy Uba ( APC,…Read More
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‘External Reserves To Hit $40bn In 2018’ – Emefiele
As the external reserves inched up to $34.3 billion last week, the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has predicted 7 percent increase in its…Read MoreNigeria Needs $35 Billion To Sustain Economic Growth
Nigeria’s economy The Managing Director, Infrastructure Bank, Adekunle Oyinloye, has said that Nigeria needs $35 billion per annum for five years to sustain a robust economic growth.Mr. Oyinloye, said this…Read MoreNigeria Makes N212.73bn From Agricultural Exports In 2016
Muhammadu Buhari Nigeria realised N212.73 billion from agricultural product exports at the end of the fourth quarter of 2016. The was disclosed in excerpts of a book entitled: ‘‘Making steady,…Read MoreN700m Spent On IT Infrastructure- Mines Ministry
The Ministry of Mines and Steel Development has denied spending N700m on the acquisition of a web portal. In a statement issued by the Permanent Secretary, Mr. Mohammed Abbas, in…Read MoreCBN’s Anchor Borrowers’ Programme Targets Additional 2m Tonnes From 300,000 Rice Farmers
CBN Headquarters, Abuja The Central Bank of Nigeria (CBN) has formed strategic partnerships with agricultural commodity associations in the country in its effort to expand the implementation of the Anchor…Read MoreAfrican Leaders Launder $50bn Annually – Obasanjo
A-Former President Olusegun Obasanjo has lamented that political leaders and other key players in both public and private sectors in Africa illicitly launder a whopping sum of $50 billion from…Read More2018 budget: PENGASSAN warns against oil, gas assets’ sale
The Petroleum and Natural Gas Senior Staff Association of Nigeria has cautioned the Federal Government against selling profitable oil and gas assets as scrap to fund the 2018 budget. The…Read MoreNNPC Loses N18.56bn To Sabotage In One Month
The Nigerian National Petroleum Corporation, NNPC, has lost a total sum of N18.56billion monthly as indicated in a latest report from the corporation. In its July 2017 monthly financial and…Read MoreYobe Approves N1.2 Billion for Agric, Health and Energy Projects
The Yobe State government has approved a total of N1, 198, 975, 318.00 for the execution of various projects in agriculture, healthcare, and rural electrification. Information, Home Affairs and Culture…Read More7m Jobs Created By CBN’s Interventions
The Central Bank of Nigeria (CBN), has scored itself high in promoting inclusive growth and sustainable development as its intervention programmes have created over seven million jobs in the country.…Read More‘Firewood To Gas Transition To Generate N10bn Revenue By 2019’
Over $10billion will be generated for the economy from the switch of 50 per cent kerosene and firewood users by 2019, according to the Nigerian Liquefied Petroleum Gas Association (NLPGA).…Read More