February 2018 - (4)

FG loses N84 billion due to poor performance of the nation’s refineries between Jan. 2017 and Nov. 2017
2018-02-01 | The Punch
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Budget Office of the Federation to prepare supplementary budget based on Labour Congress’ proposal of 56,000 minimum wage
2018-02-01 | The Punch
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FG to spend $3.1 billion to improve national identity management infrastructure
2018-02-01 | This Day
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FG developing new performance management framework to curb under remittances by revenue generating agencies
2018-02-01 | This Day
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January 2018 - (24)

Gas-fired power plants in Nigeria unable to generate over 1,500 mw daily since the beginning of 2018 due to gas supply constraints
2018-01-25 | The Punch
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NNPC earns $239.1 million from crude oil & gas sales in Nov. 2017, remits $135.14 billion to Federation account
2018-01-25 | The Punch
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Nigeria’s daily petrol consumption rises to 55 million litres, from 35 million litres previously stated by NNPC, as petrol scarcity persists
2018-01-25 | This Day
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Global crude oil prices rise to $71/barrel, highest since Dec. 2014, as US crude inventories decline for the 10th consecutive week
2018-01-25 | The Punch
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Nigeria’s crude oil production rises to 2.057 million bpd in Dec. 2017, from 1.93 million bpd recorded in Sept. 2017
2018-01-16 | The Guardian
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Brent crude oil rises to over $70/barrel, amidst production cuts by OPEC and Russia, Nigeria’s exter
2018-01-16 | The Punch
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Nigeria’s annual inflation declines to 15.37% in December 2017, from 15.9% in the prior month – NBS
2018-01-16 | Businessday
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NNPC commences direct supply of PMS to independent oil marketers across the country to clear fuel queues
2018-01-16 | The Punch
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Edo State signs MoU with Chinese consortium for the construction of modular refinery in the State
2018-01-11 | The Punch
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FG approves contract for provision of independent power supply to Abuja International Airport
2018-01-11 | The Punch
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Nigerian Electricity Regulatory Commission (NERC) concludes new metering regulations to improve supply of pre-paid meters
2018-01-11 | The Punch
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Crude oil prices hit three-year high of $69/barrel, attributable to OPEC production cuts and rising demand
2018-01-11 | This Day
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FCTA commences trial operations of Abuja Light Rail with three coaches delivered from China
2018-01-08 | This Day
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Senate summons Nigeria Customs Service, Nigerian Ports Authority, others, over lingering fuel scarcity crisis
2018-01-08 | The Punch
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NNPC to commence repairs on the damaged Excravos-Lagos Pipeline System, which disrupted gas supply to five power stations
2018-01-08 | This Day
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PENCOM to establish transfer window that will allow workers with Retirement Savings Accounts, change their Pension Fund Administrators
2018-01-08 | The Punch
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Global crude oil prices rise to $68/barrel, supported by unrest in Iran and output cuts led by OPEC
2018-01-05 | This Day
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FG to consider allowing oil markets sell PMS above the current regulated pump price of N145
2018-01-05 | The Punch
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Nigerian Communications Commission (NCC) sets 16 January 2018 as conclusion date for sale of 9Mobile
2018-01-05 | This Day
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FG targets $40 billion for the completion of current rail projects, in talks with local and international partners to fund projects
2018-01-05 | The Punch
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China commits $550 million to Nigeria towards the purchase of two additional satellites for subsequent launch into the space in the next two
2018-01-04 | This Day
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Nigeria loses an estimated N490.11 billion between Sept and Oct 2017 due to pipeline leaks and vandalism in the Niger Delta
2018-01-04 | The Guardian
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Oil marketers lobby FG for tax holidays and other incentives to enable them resume importation of petroleum products
2018-01-04 | This Day
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Nigeria loses 3,000 mw of electricity as power transmission grid collapses twice in 24 hours between 2 Jan and 3 Jan 2017
2018-01-04 | The Punch
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December 2017 - (12)

FG releases balance of the Paris Club refund to 27 States, with 9 States yet to receive their share of the refund
2017-12-18 | Thisday
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PENGASSAN commences nationwide strike following FG’s inability to resolve dispute with oil firm, Neconde Energy
2017-12-18 | The Guardian
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Value of electronic fraud cases in the Banking Industry declines by 38% from N652.8 million in Q3 2015 to N406 million in Q3 2017 – CBN
2017-12-18 | Thisday
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FG commences implementation of Nigerian Gas Master Plan, awards $2.8 billion pipeline contract designed to run from Ajaokuta to Kano
2017-12-18 | Thisday
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GE, Mainstream Energy Solutions Limited sign N8.3b agreement for the rehabilitation of the Kainji Power Plant’s hydro turbine generat
2017-12-13 | The Punch
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FG, Lagos State Government agree to demolish Jibowu and Costain bridges to aid the construction of Lagos-Ibadan standard gauge rail line
2017-12-13 | The Punch
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Brent crude rises to $65.24 per barrel, highest since June 2015, due to the closure of Britain’s 450,000 bpd Forties North Sea pipeline
2017-12-13 | Thisday
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Nigeria’s external reserves rise to $39.7 billion, from $38.2 billion recorded in the previous week – CBN
2017-12-13 | The Guardian
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Local rice production rises to 70% from 30% prior to 2016, attributable to the Anchors Borrowers Programme introduced by CBN
2017-12-11 | The Guardian
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CBN concludes plans to use Bank Verification Number (BVN) to blacklist loan defaulters from accessing further loans
2017-12-11 | The Punch
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CBN plans to revive moribund manufacturing firms involved in non-oil exports through N500 billion export stimulation facility
2017-12-11 | Thisday
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NADDC developing electric car policy to prepare the nation for production and use of electric vehicles
2017-12-11 | Thisday
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November 2017 - (32)

FG develops Power Sector Recovery Programme (PSRP) with the World Bank, targets minimum 4,500 mw power supply in 2018
2017-11-21 | This Day
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NCC, CBN at odds with Barclays Africa as financial advisers for 9Mobile sale, cite lack of transparency amongst other allegations
2017-11-21 | This Day
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FG invites yam specialists from the UK to liaise with local exporters on the preservation of food crops in an effort to boost exports
2017-11-21 | This Day
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Power Discos issue notice to declare force majeure following NERC’s approval of eligible customers’ purchasing power directly from Gencos
2017-11-21 | The Punch
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Nigeria’s GDP maintains upwards trajectory, rises by 1.4% in Q3 2017 from 0.6% in the previous quarter – NBS
2017-11-20 | Businessday
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Glo, Airtel, Dangote, 7 others pass technical evaluation stage, expected to submit financial bids for acquisition of 9mobile
2017-11-20 | This Day
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Nigeria’s earnings from solid minerals rise by 24% to N69.2 billion in 2015, from N55.8 billion recorded in the prior year – NEITI
2017-11-20 | The Punch
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Lagos State plans 24/7 power supply to residents in 2018; currently in discussions with power discos for higher tariff
2017-11-20 | The Punch
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Nigeria’s debt servicing to account for 60% of total government revenue in 2017 – IM
2017-11-17 | This Day
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FG in discussions with Boeing, Airbus over future plans for a national carrier, appoints transaction advisers
2017-11-17 | The Punch
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FG directs NERC to reinstate regulation allowing power customers to purchase meters from approved vendors
2017-11-17 | The Punch
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FG to restructure 11 ailing power distribution companies (Discos) after forensic review of their respective operations
2017-11-17 | This Day
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FG engages Malaysian consultants to conduct forensic study to boost the implementation of the Economic Recovery and Growth Plan (ERGP)
2017-11-16 | This Day
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FG concludes plans to sell three Gencos built under the National Integrated Power Projects to fund projected deficit in the 2018 budget
2017-11-16 | Businessday
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FG, China EXIM Bank commence negotiations for the construction of 3,050 mw Mambilla Hydro Power Plant
2017-11-16 | The Punch
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Inflation drops for the ninth consecutive month to 15.91% in October 2017 – NBS
2017-11-16 | The Punch
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Total number of new vehicle sales expected to decline by 80% from 50,000 in 2013, prior to the introduction of the automotive policy
2017-11-15 | The Punch
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FG targets N311 billion from privatization of public properties and sale of national assets in 2018 to partially fund the 2018 budget
2017-11-15 | The Punch
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Nigeria’s total debt stock rises to N20.37 trillion in Sept. 2017 from N12.36 trillion in Sept. 2015 - DMO
2017-11-15 | The Punch
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Senate approves $5.5 billion foreign loan request by the Executive to fund the capital component of the 2017 budget
2017-11-15 | This Day
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President Buhari to present 2018 Appropriation Bill to the National Assembly, FG budgets N8.6 trillion spending for the upcoming year
2017-11-07 | The Punch
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Brent crude oil prices hit 28-month high, rising by $2 to $64.07 per barrel on 6 Nov 2017
2017-11-07 | The Punch
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NERC releases new eligible customers’ law empowering consumers to buy electricity directly from Gencos
2017-11-07 | The Punch
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FG to commence work on Lagos-Ibadan standard gauge rail line in Dec 2017, plans demolition of Jibowu and Costain bridges
2017-11-07 | The Punch
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NCC, CBN sign MoU to enable digital mobile operators incorporate special purpose vehicles (SPVs) to offer mobile money services
2017-11-02 | The Punch
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MTN to list on Nigerian Stock Exchange in six months, appoints Stanbic IBTC Capital, Citigroup, others as transaction advisers
2017-11-02 | The Punch
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UK investors to train exporters of agricultural produce on international standards, amid rejection of yam exports
2017-11-02 | The Guardian
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World Bank earmarks $520 million for the construction and rehabilitation of rural roads across ten states in the country
2017-11-02 | Thisday
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Nigeria rises 24 places to 145th on the World Bank’s Ease of Doing Business 2018 Report
2017-11-01 | The Punch
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Brent Crude oil prices maintain upwards trajectory, rises to $61 per barrel on 31 October 2017
2017-11-01 | The Punch
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Nigeria’s power sector loses 2,648.7 mw on 29 October 2017 due to line and gas constraints
2017-11-01 | The Guardian
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Nigeria records N797.51 billion earnings from VAT between January 2017 to October 2017 – Ministry of Finance
2017-11-01 | The Punch
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October 2017 - (31)

Brent Crude oil prices rise to $60.63 per barrel, highest level since July 2015, amid strong compliance to OPEC production cuts
2017-10-30 | The Punch
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Federal High Court orders National Assembly to disclose monthly allowances for each member
2017-10-30 | The Guardian
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Nigeria’s external reserves rise to $34 billion from $32 billion recorded in the previous month – CBN
2017-10-30 | The Punch
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Saudi Arabia, Qatar, Turkey, other investors bid for concession of Nigerian airports
2017-10-30 | The Guardian
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Federal Executive Council approves 2018 appropriation bill, President Buhari to present to National Assembly by 31 Oct 2017
2017-10-27 | The Punch
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NNPC commences oil exploration activities in Nasarawa State’s section of the Benue Trough
2017-10-27 | The Punch
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FG approves $1.1 billion Power Purchase Agreement for the Qua Iboe power plant, generation capacity to rise by 540 mw in 4 years
2017-10-27 | Thisday
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FG plans Road Trust Fund Structure for the Country, offers private sector tax relief in exchange for road construction
2017-10-27 | The Punch
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INEC registers 73.2 million voters for 2019 elections, targets 80 million voters before the conclusion of the exercise in 2019
2017-10-23 | The Guardian
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MTN, Airtel, 14 others submit ex<x>pressions of interest (EoIs) to Barclays to bid for the acquisition of 9mobile
2017-10-23 | Thisday
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Federal High Court orders forfeiture of all funds in bank accounts owned by corporates, MDAs or individuals without BVN
2017-10-23 | Thisday
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Total assets under Nigeria’s Contributory Pension Scheme rises to N7.09 trillion as at 31 August 2017 – Pencom
2017-10-23 | The Punch
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Commercial banks, firms remit N140 billion to CBN following Senate’s probe on leakages and irregularities in the Nigeria Customs Service
2017-10-19 | The Punch
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NBET pays power generation companies (Gencos) N10.8 billion out of the total invoices of N45.24 billion for energy delivered in July 2017
2017-10-19 | The Guardian
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Nigeria’s aviation industry attracts $4 billion FDI in 2016, a 50% decline from $8 billion recorded in 2015
2017-10-19 | Thisday
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SEC directs NSE to suspend trading of Oando shares over allegations of financial mismanagement and insider trading
2017-10-19 | Thisday
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Nigeria’s automobile industry records 60% decline in vehicle imports to 7,000 in 2016 from 18,000 re
2017-10-18 | Thisday
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Transmission Company of Nigeria (TCN) receives $1.55 billion from multi-lateral donor agencies
2017-10-18 | The Guardian
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Nigeria’s external reserves rise to a three-year high of $33.1 billion as at 12 Oct 2017 – CBN
2017-10-18 | Thisday
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Nigeria’s inflation rate drops marginally to 15.98% in Sept. 2017 from 16.01% in the prior month – NBS
2017-10-18 | The Punch
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FG to shut down all open drug markets in Nigeria by the end of 2018, drugs to be sourced directly from importers and manufacturers
2017-10-09 | Thisday
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Lagos State Government plans downtown rail connections to the local wing of the Murtala Muhammed International Airport
2017-10-09 | Businessday
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FG approves sale of three electricity generation companies (Gencos) built by the Niger Delta Power Holding Company (NDPHC)
2017-10-09 | Thisday
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Nigeria produces a total of 32.7 barrels of crude oil, valued at N118.49 trillion, between 1961 and 2014 – NBS
2017-10-06 | Thisday
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FG to fund the reconstruction and rehabilitation of 25 major economic roads in the six geopolitical zones
2017-10-06 | The Punch
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NNPC export earnings rise to $471.9 million in July, from $219.3 million recorded in the prior month
2017-10-06 | The Punch
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FG to shut down the National Economic Reconstruction Fund (NERFUND) over non-performing loans (NPLs) of over N17.5 billion
2017-10-06 | Thisday
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Nigeria’s foreign remittances expected to rise to $22 billion in 2017 from $19 billion in the prior year – World Bank
2017-10-05 | Thisday
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FG approves payment of N25.9 billion owed by its Ministries, Departments and Agencies to electricity distribution companies
2017-10-05 | The Punch
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Oil Marketers commence plans to shut down depots over FG’s inability to settle over N800 billion subsidy claims
2017-10-05 | Thisday
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CBN recovers N50 billion in excess charges imposed by commercial banks on customers
2017-10-05 | The Punch
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September 2017 - (17)

Nigeria-European Union trade hits 20 billion Euros
2017-09-25 | Thisday
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Kano Government and Shandong Ruyi Technology Group of China sign MoU for $600 million textile industrial park
2017-09-25 | Thisday
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Power firms, gas producers disagree on dollar-denominated pricing
2017-09-25 | The Punch
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Federal Government begins repair of federal roads and bridges in Lagos
2017-09-25 | The Punch
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Force majeure on Nembe Oil Line increases risk of production cuts
2017-09-25 | Thisday
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Federal Mortgage Bank of Nigeria (FMBN) partners with the Federal Inland Revenue Service (FIRS) to boost contributions to NHF Scheme
2017-09-21 | The Guardian
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Labour Congress suspends industrial strike as discussions with FG progresses, NUPENG resumes fuel loading
2017-09-21 | Thisday
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FG reiterates plans to concession international airports, unable to sustain funding of 22 airports across the country
2017-09-21 | The Punch
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NNPC commences preliminary exploration of oil & gas in the Sokoto Basin
2017-09-21 | Thisday
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NNPC to award 80% of crude lifting contracts to the NNPC Trading Limited by 2018
2017-09-12 | The Punch
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Number of Nigerians registered by the National Identity Management Commission (NIMC) rises to 21.3 million as at Sept 2017
2017-09-12 | The Punch
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FG approves concession of Abuja and Lagos International Airports
2017-09-12 | The Punch
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Nigeria’s total debt stock rises to N19.63 trillion as at 30 June 2017, from N12.12 trillion recorded on 29 May 2015 – DMO
2017-09-12 | Thisday
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Lagos State Government commences reconstruction of the Oshodi-International Airport Road, plans completion within 15 months
2017-09-05 | Thisday
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Federal Inland Revenue Service (FIRS) generates N2.1 trillion in revenue from tax collections between January and July 2017
2017-09-05 | Thisday
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Nigeria records positive GDP growth of 0.55% in Q2 2017 from -0.91% in the previous quarter – NBS
2017-09-05 | Thisday
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FG releases N350 billion to MDAs for the implementation of capital projects contained in the 2017 budget
2017-09-05 | The Punch
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August 2017 - (8)

FEC awards $5.8 billion Mambilla Hydro Electric Power Plant contract to consortium of three Chinese companies
2017-08-31 | The Punch
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FG commences disbursement of N5 billion loan to artisanal and small-scale miners through BOI
2017-08-31 | The Guardian
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Lagos to build 57 electronic vehicle inspection service centres for testing vehicles before issuance of road worthiness certificates
2017-08-31 | The Punch
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EFCC recovers N430 billion proceeds from corrupt practices between January 2017 and August 2017
2017-08-31 | Thisday
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Nigeria’s inflation rate dips to 16.05% in July 2017 from 16.10% recorded in the prior month – NBS
2017-08-29 | The Punch
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Nigeria’s e-commerce market expected to rise to N15.5 trillion over the next decade – EIU
2017-08-29 | Thisday
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Nigeria’s natural gas sales rise by 4.5% to 47 cubic metres in 2016 – IEA
2017-08-29 | Businessday
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Nigeria Immigration Service (NIS) bans cash payments for passport processing in an effort to curtail corruption within the agency
2017-08-29 | Thisday
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July 2017 - (16)

9mobile (formally known as Etisalat) appoints Citibank and Standard Bank to find new investors for the mobile operator
2017-07-26 | The Punch
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FG to reduce tax payable to telecommunications operators in order to enable them to expand their services
2017-07-26 | The Punch
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FAAC allocates N652.2 billion to the three tiers of government in June 2017, a rise from N317.56 billion in May 2017
2017-07-26 | The Punch
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Total number of workers under the contributory pension scheme rises by 96,346 to 7.59 million workers in Q2 2017 – NBS
2017-07-26 | Thisday
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OPEC, non-OPEC members approve FG’s decision to cap Nigeria’s oil production output at 1.8 million bpd
2017-07-25 | The Punch
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Nigeria’s crude oil production dips by 150,000bpd as suspected militants vandalize Trans-Niger pipeline in Ogoniland
2017-07-25 | The Punch
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CBN recovers over N51.9 billion illegally deducted by commercial banks over the last five years
2017-07-25 | The Punch
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Nigeria’s power generation drops to 2,563.2mw as the number of idle power plants rise from 5 to 8 as at 23 July 2017
2017-07-25 | The Punch
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CBN extends guarantees to Skye Bank for another year, considers recapitalization of the Bank
2017-07-19 | The Punch
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NNPC partners with Halliburton to boost exploration efforts of commercial hydrocarbon in the inland sedimentary basins
2017-07-19 | The Punch
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FG releases N243.79 billion as the second tranche of Paris Club Refund to 36 States and the FCT
2017-07-19 | The Punch
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FIRS generates N1.78 trillion between Jan 2017 and Jul 2017, a 14% rise from N1.56 trillion in the corresponding period of the prior year
2017-07-19 | The Punch
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NCDMB to increase funds available to oil and gas operators under the Nigerian Content Intervention Fund from $100 million to $200 million
2017-07-13 | The Punch
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Courier operators oppose bill seeking to establish a Universal Postal Service Fund (UPSF) from 2.5% levy on annual turnover of operators
2017-07-13 | The Punch
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Nigeria loses $10 billion between 2010 and 2016 due to divestment of assets by IOCs
2017-07-13 | The Punch
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FEC approves N2.7 trillion payment owed to contractors, pensioners and state governments by FG over the past two decades
2017-07-13 | Thisday
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June 2017 - (16)

Active telecom subscribers dip by 2.11% from 152.47 million in Mar 2017 to 149.25 million in Apr 2017 – NCC
2017-06-14 | Businessday
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FG commences preparatory activities for the 2018 budget based on the Economic Recovery and Growth Plan
2017-06-14 | The Punch
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FG to raise $600 for solid mineral development through Nigerian Sovereign Wealth Investment Authority, NSE, others
2017-06-14 | The Punch
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Total VAT revenue generated dips to N204.7 billion in Q1 2017 from 207.35 billion in Q4 2016 – NBS
2017-06-14 | The Punch
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International Breweries Plc. to merge with Intafact Beverages Ltd and Pabod Breweries Ltd
2017-06-07 | Thisday
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Nigeria’s total exports rises to N3.01 billion in Q1 2017 from N2.98 trillion recorded in the previo
2017-06-07 | Thisday
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Acting President seeks National Assembly approval of $1.94 billion for projects in 10 states from the 2016-2018 External Borrowing Plan
2017-06-07 | The Punch
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Total number of unemployed Nigerians rises to 11.55 million as at year-end 2016 from 9.48 million in Jan. 2016 – NBS
2017-06-07 | The Punch
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Senate recommends N5/litre levy on petrol and diesel consumption as part of financing for the proposed National Roads Fund
2017-06-02 | This Day
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Transmission Company of Nigeria anounces plans to build 3 power transmission sub-stations in Kaduna State to be completed by 2019
2017-06-02 | The Punch
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Nigeria’s airport passenger traffic declines by 29.4% to 2.51 million in Q1 2017 from 3.67 million recorded in Q1 2016 – NBS
2017-06-02 | The Punch
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Senate proposes return of tolls on Federal roads, allocation of 0.5% of transport fares for rehabilitation and maintenance of roads
2017-06-02 | The Punch
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Nigeria’s aviation industry debt rises to N15 billion, multiple levies and taxes account for 65% of revenue generated by local airlines
2017-06-01 | The Guardian
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Nigeria loses over $2.5 billion to the gas flaring estimated at two billion standard cubic feet, 19% of global volume of gas flared
2017-06-01 | The Punch
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Nigeria spends N49 trillion on imports between 2000 and 2016, FG partners with May & Baker to produce local pharmaceuticals
2017-06-01 | This Day
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Gas producers reduce supplies to thermal electricity generating plants due to N200 billion owed by Gencos
2017-06-01 | The Punch
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May 2017 - (27)

FG approves 29-member committee for new N56,000 minimum wage demand by labour union
2017-05-25 | The Punch
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Nigeria’s foreign investment inflow dips to $908.27 million in Q1 2017, from $1.55 billion in Q4 2016 – NBS
2017-05-25 | The Punch
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Senate criticizes current structure of Nigeria’s power sector, plans review of the privatization process
2017-05-25 | The Punch
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FG concessions two narrow gauge rail lines to General Electric, with the multinational expected to invest over $2.2 billion
2017-05-25 | This Day
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Presidency seeks House of Reps approval for $1.28 billion and €9 million loans under the 2016-2018 External Borrowing Plan of the FG
2017-05-24 | The Punch
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Nigeria’s economy contracts by -0.52% in Q1 2017; an improvement from -1.73% in the previous quarter (Q4 2016), albeit still in recession
2017-05-24 | The Punch
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Allocations to FG, states and LGs decline by N52.07 billion from N467.8 billion in March 2017 to N415.73 billion in April 2017 – FAAC
2017-05-24 | The Punch
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Nigeria’s debt-to-GDP forecast to rise to 23.3% by year-end 2017, from 18.6% at the end of 2016 –IMF
2017-05-24 | The Punch
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FG to reduce foreign exchange allocation by 30% with domestic refining at full capacity by 2019
2017-05-19 | The Guardian
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General Electric (GE) to launch a gas turbine assembly plant in Nigeria in 2018 in an effort to meet the growing demand for gas-fired power
2017-05-19 | The Punch
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European Commission bans Med-View Airline from operating in Europe due to safety oversight by Nigerian aviation authorities
2017-05-19 | The Punch
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FG directs all relevant MDAs operating in nation’s airports and seaports to harmonize their operations into a single interface station
2017-05-19 | The Punch
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Dangote Sugar Refinery to invest 450 million in sugar production in Niger State
2017-05-08 | This Day
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Nigeria lost N523 billion to gas-flaring in two years
2017-05-08 | The Guardian
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Nigeria Stock Exchange gains N156 billion on renewed investor sentiment
2017-05-08 | The Punch
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Federal Government considers options for the privatisation of Ajaokuta Steel Company
2017-05-08 | The Punch
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Bank of Industry approves N300 million for the creative industry
2017-05-08 | The Punch
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World Bank to assist Nigeria strengthen audit process
2017-05-05 | The Punch
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Global crude oil price sinks to five-month low of $48
2017-05-05 | The Punch
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Federal Government refineries to get new investors in September
2017-05-05 | The Guardian
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Federal Government appoints Lufthansa and five other advisers on the establishment of the national carrier
2017-05-05 | This Day
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Nigeria imports $100 million sugar annually
2017-05-05 | Vanguard
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Nigeria, World Bank inch closer to sealing deal on Electricity Recovery Plan
2017-05-02 | This Day
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Fertilizer plants to produce one Million tonnes to boost farming
2017-05-02 | This Day
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Despite recession, Nigeria’s banking sector loans to customers rise to N16.372trn
2017-05-02 | This Day
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Dwindling cargo volume grounds ports’ operations
2017-05-02 | The Guardian
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NLNG exports 4,000th LNG cargo
2017-05-02 | The Punch
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April 2017 - (30)

Banks begin five per cent contributions to SMEs
2017-04-28 | The Guardian
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States’ total domestic debt stood at N2.9 trillion in December 2016
2017-04-28 | This Day
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NCC gives service providers ultimatum to quit wireless frequency
2017-04-28 | The Punch
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Naira closes at 390N/$ post-auction of $100 million by the Central Bank of Nigeria
2017-04-28 | The Punch
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Nigeria Extractive Industries Transparency Initiative (NEITI) commences audit for 2015 and 2016
2017-04-28 | The Punch
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Federal Government seeks $5.85 billion from China for railway projects
2017-04-27 | The Punch
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Nigeria loses $235 billion worth of investment on the back of failure to reform Oil & Gas industry
2017-04-27 | The Punch
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$72m yearly potential earnings from shea nuts production untapped
2017-04-27 | The Guardian
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CBN auctions $186 million through retail secondary market intervention sales
2017-04-27 | This Day
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Listed banks paid a total of S58;131 billion as company income tax for the financial year ended December 31 2016
2017-04-26 | This Day
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Nigeria’s external reserves reach $31 billion
2017-04-26 | This Day
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State Governments to get 13% derivation from mining revenue
2017-04-26 | The Punch
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Shell reopens 225,000 bpd Bonga Field following maintenance
2017-04-26 | This Day
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Federal, State and Local Governments receive allocation of S58;467 billion for the month of March
2017-04-26 | This Day
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Federal Government has commenced initiatives to revive mining at Enugu coal mines
2017-04-25 | The Punch
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Federal Government yet to release S58;100 billion subsidy to power firms
2017-04-25 | The Punch
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Federal Government votes $190 million for the implementation of the United Nations Environment Programme on Ogoniland
2017-04-24 | This Day
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Nigeria in line to benefit from series of multilateral initiatives brokered by the World Bank, IFC and leaders of top multilateral banks
2017-04-24 | The Guardian
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CBN to maintain recent measures to stabilise foreign exchange market
2017-04-24 | The Punch
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Telecommunications firms lose S58;156.3 billion monthly to dormant lines
2017-04-24 | The Punch
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IMF states that Nigeria’s revenue cannot sustain interest payment on debt
2017-04-20 | The Punch
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NLNG revenue hits seven-year low amid oil slump
2017-04-20 | The Punch
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A number of banks fall below capital adequacy minimum requirement
2017-04-20 | The Guardian
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CBN Intervenes with 100 million USD in the FOREX Market
2017-04-20 | This Day
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IMF Endorses Nigeria’s Economic Recovery Plan
2017-04-20 | This Day
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Fuel prices rise by over 50.39 per cent in one year
2017-04-18 | The Guardian
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Nigeria loses Africa’s top oil producer position to Angola
2017-04-18 | The Guardian
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Commercial Banks Reap Big from Increased Savings Deposit Mobilisation, Post TSA
2017-04-18 | This Day
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Power firms oppose plan to centralise revenue accounts
2017-04-18 | The Punch
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CBN introduces ‘Form X’ for SMEs
2017-04-18 | The Punch
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March 2017 - (24)

Nigeria’s non-oil exports to the United States, under the African Growth and Opportunity Act policy, declines by 23% to $1.141m in 2016
2017-03-27 | The Punch
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Nigeria spends $1.6 billion between 2012 and 2016 on debt servicing – DMO
2017-03-27 | The Punch
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AMCON transfers ownership of Keystone Bank Limited to new investors, the Sigma Golf-Riverbank consortium
2017-03-27 | This Day
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Ministry of Aviation plans construction of second runway at Abuja Airport by 2019, seeks approval from Federal Executive Council
2017-03-22 | The Punch
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Total number of bank customers captured under the Bank Verification Number (BVN) exercise rises to 51.7 million in Feb 2017
2017-03-22 | This Day
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First Nations Airlines suspends operations for the 2nd time in six months due to reduced traffic following Abuja airport closure
2017-03-22 | This Day
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Monetary Policy Committee of CBN retains MPC rate at 14%, other monetary parameters unchanged
2017-03-22 | The Punch
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FG’s capital releases to Federal Ministries, Departments and Agencies (MDAs) for the 2016 budget reaches N1 trillion
2017-03-17 | The Punch
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Lagos State internally generated revenue (IGR) rises to N301.99 billion in 2016 from N268.2 billion recorded in 2015 – NEITI
2017-03-16 | This Day
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CBN, NCC to meet with Etisalat, creditors to discuss the restructure of the carrier’s payment plan
2017-03-16 | This Day
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FG to declare telecoms facilities across the country as critical national infrastructure
2017-03-16 | The Punch
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Nigeria’s active oil rigs rise to 26 in Feb. 2017 from 23 in Dec. 2016, oil production dips to 1.52 million bpd – OPEC
2017-03-16 | The Punch
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Nigerian Customs Service (NCS) suspends implementation of the payment of import duty on old vehicles
2017-03-15 | The Punch
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Brent Crude falls to 3-month low of $50.46 per barrel as OPEC production rises
2017-03-15 | This Day
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FG plans sale of Ajaokuta Steel Complex after successfully ending concession agreement with Indian firm, Global Steel Holdings
2017-03-15 | The Punch
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Nigeria’s inflation rate declines for the first time in 15 months to 17.78% in Feb 2017 from 18.72% in the prior month
2017-03-15 | The Punch
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Nigeria’s debt servicing rises to N1.23 trillion in 2016 from N1.02 trillion recorded in the prior year – DMO
2017-03-13 | The Punch
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NSE loses N24.08 billion in 2016 from delisting of G. Cappa Plc, International Breweries Plc, Premier Breweries Plc, Others
2017-03-13 | The Punch
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CBN, NCC intervene in Etisalat’s loan default crisis, transfer of ownership to creditors halted
2017-03-13 | The Punch
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FG yet to implement 18% pension contributions as revised by the Pension Reform Act 2014 – Pencom
2017-03-13 | The Punch
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FG to raise tax on luxury items from 5% to 15% in 2018, targets N350 billion from CIT and VAT
2017-03-08 | The Punch
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FIRS generates N27.1 billion since the introduction of tax waiver on penalty and interest programme, registers 814,000 new taxpayers
2017-03-08 | This Day
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FG, China to finalize negotiations on the Lagos-Calabar rail project estimated at $11.12 billion in June
2017-03-08 | This Day
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FG to reduce its stake in Joint Venture oil assets, refineries and other downstream subsidiaries by 2020
2017-03-08 | The Punch
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