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Business and Economy

IMF releases report on Balance of Payments

The International Monetary Fund (IMF), yesterday, released its 2020 Annual Report on Balance of Payments Statistics, saying that the period witnessed negative net positions...

Refineries record N11.77bn loss in 3 months

By Isaac KertyoNigeria’s three refineries recorded a combined operational deficit of N11.77 billion in the months of June, July and August 2021, Monthly...

Server failure: FCT-IRS extends filing of annual tax returns to March 31st

By Joyce Remi- BabayejuManagement of the Federal Capital Territory Internal Revenue Service, FCT- IRS, has extended filling of annual tax returns to...

Mass Media Will Remain Strategic Partners to NCC – Danbatta

The mass media, whether print, broadcast, online, or other specialised genres, will remain central and strategic stakeholders to the Nigerian Communications Commission (NCC)...

CBN to Stop Sale of Forex to Banks as Naira Falls Against Dollar

By Becky AdiNaira fell massively at the black market on Thursday after traders learned that the Central Bank of Nigeria (CBN) was planning...

Exports of Crude Oil, Gas Earn NNPC N93 billion

By Isaac KertyoThe Nigerian National Petroleum Corporation (NNPC) Limited reported earnings of $224.29 million (about N93.424 billion) from crude oil and gas exports...

CBN to Stop Sale of Forex to Banks by December

The Central Bank of Nigeria has revealed that it will stop the sale of foreign exchange to Deposit Money Banks by the end of...

Over N3trn Loans Disbursed To Revive Economy, Create Jobs – CBN

The Central Bank on Thursday said it has disbursed over three trillion naira in intervention loans as part of efforts to facilitate economic recovery...

NNPC Rakes in N2.613trn from Petrol Sales in One Year

The Nigerian National Petroleum Company (NNPC) Limited yesterday announced that it made N2.613 trillion from the sale of petrol between August 2020 and August...

CCECC releases CSR report, commits to the development of Nigeria

By Ike ObiNigeria’s foremost construction giant, China Civil Engineering Construction Company (CCECC) Nigeria Limited has released its 2021 Corporate Social Responsibility (CSR) report...

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