AdminENERGY FIRMS, OIL owe banks N6.14trn –CBN
The debts owed to Nigerian banks by oil and gas operators as well as power companies have risen above N6 trillion, the latest data obtained from the Central Bank of Nigeria…
Glo beats others to achieve customer growth in July –Industry report
Nigeria’s digital solutions provider, Globacom, led the growth of the industry in the month of July, 2021, after it added over a million new customers to its customer base. Latest published…
Tochukwu Chukwu
- Business , News
- September 3, 2021
- 194 views
Increasing spending: FG’s three-year deficit hits N15.4tn amid revenue crisis
Within a three-year period covering July 2018 to June 2021, the Federal Government recorded a fiscal deficit of N15.35tn, statistics obtained from the Budget Office of the Federation have shown.…
- Business , News
- September 3, 2021
- 181 views
Naira sinks to An all-time low of 530 against dollar, pound hits N720
The naira plunged to a fresh record low against the dollar, the British pound sterling and euro on Thursday amid the lingering scarcity of foreign exchange in Nigeria. The value…
NDDC got N6trn in eight years, maintains 362 bank accounts without proper reconciliation -FG
The Federal Government on Thursday said it was concerned that over 13,777 projects being handled by the Niger Delta Development Commission have their execution “substantially compromised.” It also said that…
CBN states transfer limits as E-Naira begins Oct 1
The Central Bank of Nigeria has announced the formal engagement of the global Fintech Company, Bitt Inc., as the Technical Partner for its digital currency, eNaira. Mr Osita Nwanisobi, Director,…
Dubai: Emirates extends suspension of flights from Nigeria till September 5
Emirates Airlines has extended the suspension of flights from Lagos State and Abuja airports to Dubai till September 5, 2021. The Dubai-based carrier had earlier announced that it would suspend…
Ugamatv
- Business , Entertainment , News
- August 27, 2021
- 204 views
Blue Nun Nigeria Unveils Cubana Group as On-Trade Channel Partner in Nigeria
Blue Nun Nigeria on Monday, August 23, 2021, unveiled Cubana Group as its National Premium On-Trade Channel Partner in Nigeria. This major partnership between Blue Nun and Cubana group would…
Violence: OML 150 stakeholders tell Okowa to caution oil commissioner
Critical stakeholders to Oil Mining Lease (OML 150) facility in the Niger Delta region, operated by Conoil Producing Limited, have called on Governor Ifeanyi Okowa of Delta State to caution…
FG to unveil five-year development plan in October
The Federal government on Monday disclosed plans to unveil the Medium-Term National Development Plan 2021-2025 in October. According to the Minister of State for Finance, Budget and National Planning, Clem…
