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Economic & News Updates
  • 19 OCT, 2017
    Commercial banks, firms remit N140 billion to CBN following Senate’s probe on leakages and irregularities in the Nigeria Customs Service
    The Punch| Read More
  • 19 OCT, 2017
    NBET pays power generation companies (Gencos) N10.8 billion out of the total invoices of N45.24 billion for energy delivered in July 2017
    The Guardian| Read More
  • 19 OCT, 2017
    Nigeria’s aviation industry attracts $4 billion FDI in 2016, a 50% decline from $8 billion recorded in 2015
    Thisday| Read More
  • 19 OCT, 2017
    SEC directs NSE to suspend trading of Oando shares over allegations of financial mismanagement and insider trading
    Thisday| Read More
  • 18 OCT, 2017
    Nigeria’s automobile industry records 60% decline in vehicle imports to 7,000 in 2016 from 18,000 re
    Thisday| Read More
  • 18 OCT, 2017
    Transmission Company of Nigeria (TCN) receives $1.55 billion from multi-lateral donor agencies
    The Guardian| Read More
  • 18 OCT, 2017
    Nigeria’s external reserves rise to a three-year high of $33.1 billion as at 12 Oct 2017 – CBN
    Thisday| Read More
  • 18 OCT, 2017
    Nigeria’s inflation rate drops marginally to 15.98% in Sept. 2017 from 16.01% in the prior month – NBS
    The Punch| Read More
  • 09 OCT, 2017
    FG to shut down all open drug markets in Nigeria by the end of 2018, drugs to be sourced directly from importers and manufacturers
    Thisday| Read More
  • 09 OCT, 2017
    Lagos State Government plans downtown rail connections to the local wing of the Murtala Muhammed International Airport
    Businessday| Read More
  • 09 OCT, 2017
    FG approves sale of three electricity generation companies (Gencos) built by the Niger Delta Power Holding Company (NDPHC)
    Thisday| Read More
  • 06 OCT, 2017
    FG to shut down the National Economic Reconstruction Fund (NERFUND) over non-performing loans (NPLs) of over N17.5 billion
    Thisday| Read More
  • 06 OCT, 2017
    NNPC export earnings rise to $471.9 million in July, from $219.3 million recorded in the prior month
    The Punch| Read More
  • 06 OCT, 2017
    FG to fund the reconstruction and rehabilitation of 25 major economic roads in the six geopolitical zones
    The Punch| Read More
  • 06 OCT, 2017
    Nigeria produces a total of 32.7 barrels of crude oil, valued at N118.49 trillion, between 1961 and 2014 – NBS
    Thisday| Read More
  • 05 OCT, 2017
    Nigeria’s foreign remittances expected to rise to $22 billion in 2017 from $19 billion in the prior year – World Bank
    Thisday| Read More
  • 05 OCT, 2017
    FG approves payment of N25.9 billion owed by its Ministries, Departments and Agencies to electricity distribution companies
    The Punch| Read More
  • 05 OCT, 2017
    Oil Marketers commence plans to shut down depots over FG’s inability to settle over N800 billion subsidy claims
    Thisday| Read More
  • 05 OCT, 2017
    CBN recovers N50 billion in excess charges imposed by commercial banks on customers
    The Punch| Read More
  • 25 SEP, 2017
    Nigeria-European Union trade hits 20 billion Euros
    Thisday| Read More
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