Senate summons AGF, CBN over N596bn ecological fund The Senate, on Thursday, following an audit query from the office of the Auditor General of the Federation, summoned the Secretary to the Government of the Federation, Mr Boss Mustapha, to explain details of an ecological fund totalling N596bn…..read more. Nigeria’s oil exports fall as explosion…
DetailsThursday, February 13, 2020 BPE to raise N267bn from privatization of 20 coys Abuja Bureau Chief The Director-General of the Bureau of Public Enterprises, BPE, Mr. Alex Okoh, has advised against re-nationalisation of the nation’s electricity power assets. He also projected that the bureau would raise N266.9 billion from privatization of 20 companies in order…
DetailsNSE’s Demutualisation Progresses as Members Meet on Share Allotment The demutualisation process of the Nigerian Stock Exchange (NSE) is nearing its peak as the members of the exchange will meet on March 3, to approve a change in the name of the exchange and allotment of shares in accordance with the scheme of arrangement…read more.…
DetailsTuesday, February 11, 2020 Nigeria earned N1.17tn from VAT in 2019 – CBN Between January and December 2019, the Federal Government generated the sum of N1.17tn from Value Added Tax. When compared to the target of N1.7tn set by the Federal Government in the 2019 budget, the amount represents a shortfall of about…
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