Thursday, September 10, 2020
The Nigerian National Petroleum Corporation has said it spent a total of N41.98bn on pipeline repairs and management cost in the first half of this year. The NNPC disclosed this in its latest monthly oil report, saying…read more.
Nigeria’s debt public debt hit a total of N31.01tn at the end of June, the Debt Management Office announced on Wednesday. This means that in the last five years under the President, Major General Muhammadu Buhari (retd.), the country’s debt rose by N18.89tn…read more.
The Lagos State Electricity Board says it has completed the first phase of an energy audit in the state as part of efforts to meet increasing electricity demand. The General Manager, LSEB, Mr Mukhtaar Tijani, who noted the renewed commitment…read more.
The Financial Reporting Council of Nigeria (FRC), has said the 2020 Audit Regulation Exposure draft would boost investor confidence and attract Foreign Direct Investments (FDIs) into the country, as it would provide increased transparency for investors and stakeholders…read more.
Stakeholders at an economic summit recently proffered solutions that would rebuild Nigeria back to economic sustainability and resilience through the circular economy. The stakeholders drawn from the Nigerian Economic Summit Group (NESG), the Federal Ministry of Finance…read more.
The Minister of Communication and Digital Economy, Dr Isa Pantami, has projected that Nigeria’s economy would go 21 per cent digital by 2021, as digitalisation is becoming the most adopted economy globally…read more.
There is outrage among farmers around Nigeria after it was revealed that the Central Bank of Nigeria (CBN) has granted a waiver to four foreign firms to import 262,000 metric tons of maize barely weeks the apex bank announced a ban…read more.
Three bank CEOs who are also directors of the Nigerian Economic Summit Group (NESG) were called separately Wednesday by a senior official of the Central Bank of Nigeria (CBN) to leave the NESG immediately. One said he was told…read more.
Nigeria’s currency on Wednesday weakened by N3.50k to an average rate of N443.50k per dollar from N440 on Tuesday on the black market. The depreciation was due to speculative activities of traders as the Bureau De Change (BDC) operators…read more.
Foreign exchange (forex) inflows into the Nigerian economy fell by 43.2 per cent to $5.52 billion in May 2020, the Central Bank of Nigeria (CBN) has revealed. The CBN disclosed this in its economic report for May 2020 obtained yesterday…read more.
ESET Nigeria has urged companies to comply with the Nigeria Data Protection Regulation (NDPR), insisting that compliance will impact on data protection governance, information systems and security configuration, as well as documented policies and processes…read more.
The International Telecommunications Union (ITU) has adopted new regulatory guidelines that would promote adaptive, resilient and collaborative regulatory system in advancing digital transformation…read more.
Abuja Bureau Chief The Debt Management Office (DMO), Wednesday, put the nation’s total public debt stock at N31.009 trillion or $85.897 billion, as at June 31, 2020, representing 8.3 percent rise from N28.628 trillion in March 2020…read more.