The total Internally Generated Revenue (IGR) by all states in Nigeria rose to N1.33 trillion in 2019 compared to N1.17 trillion recorded in 2018. This is revealed in the latest full-year IGR report released by the National…
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Kaduna State Governor, Nasir El Rufai, has waived Right of Way (RoW) charges for broadband and related communication infrastructure in the state. This is coming on the heels of the decisions by the Governors of Ekiti, Plateau, Imo, and…
The Nigerian Content Development and Monitoring Board (NCDMB), has unveiled BrentPlus, a series of initiatives that will stimulate innovations in the oil and gas industry and ancillary sectors, and create a platform for local creation of digital…
Alhaji Lai Mohammed, the Minister of Information and Culture, on Tuesday, inaugurated the Post COVID-19 Initiative Committee to rebound the creative industry from the effects of the novel pandemic. At the virtual inauguration in his office in…
BUA Cement has published 2019 audited financial report with overall profit before tax ( PBT) growing by 69.1% y/y with related margin improving by 480bps while the profit after tax (PAT) declined by 5.4% y/y following a…
The Federal Government on Thursday began the sale of its third tranche 7-year N150 billion Sovereign Sukuk, the Debt Management Office (DMO) said. The offer circular, which was obtained from its website, said the seven-year Islamic Sukuk,…
The Development Bank of Nigeria Plc said on Thursday said it disbursed over N100bn to Micro, Small and Medium Enterprises in 2019, leading to the creation of 3,192 jobs. A statement by the bank reported its Managing…
The World Bank has got a proposal of $1.5 billion to states as a part economic stimulus to cushion the impact of the COVID-19 pandemic, says Minister of Finance, Budget and National Planning, Zainab Ahmed. Ahmed briefed…
The total assets of banks rose to N42.2tn as of the end of February 2020. A member of the Monetary Policy Committee, Dr Rafindadi Sanusi, disclosed this in his presentation during the last MPC meeting of the…
The Federal Executive Council (FEC) yesterday approved N2.923 billion contract for the provision of infrastructure for the manufacturing of oil and gas components at Odukpani, Cross River State. Briefing reporters after the virtual FEC meeting in Abuja,…
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