Monday, October 12, 2020 Consumers paid N76.5bn extra for petrol after deregulation – Investigation More than N76.5bn has been paid for the purchase of petrol by consumers since the downstream oil sector was deregulated in March this year, Okechukwu Nnodim reports…read more. Nigerian insurance industry’s asset rises to N1.8tn The Nigerian insurance industry’s assets rose…
DetailsFriday, October 09, 2020 World Bank backs FG on petrol subsidy removal The World Bank said on Thursday that the removal of petrol subsidy in Nigeria was an important step amid the COVID-19 crisis…read more Manufacturers’ unpaid export grants hit N1.29tn The Federal government owes exporters N1.29tn in outstanding export expansion grant for three years.…
DetailsThursday, October 08, 2020 Emirates resumes Nigerian flights, UAE begins visa issuance The United Arab Emirates has confirmed that it would begin the issuance of visas to Nigerians from Thursday (today), the Minister of Aviation, Hadi Sirika, announced on Wednesday…read more. CBN disburses $13.99bn forex in six months The Central Bank of Nigeria supplied $13.99bn…
DetailsWednesday, October 07, 2020 Lagos atop as states’ IGR drops by 11.7% The Internally Generated Revenue of the states dropped to N612.87bn in the first six months of 2020 from N693.91bn in the corresponding period of 2019. The National Bureau of Statistics disclosed on Tuesday in its report…read more. Nigeria’s debt fast becoming unsustainable, may…
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