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Govt Liability In Defunct PHCN Now N823bn, Says NELMCO

The Nigeria Electricity Liability Management Company on Thursday said it had helped the Federal Government to save N91bn out of a total liability of N914bn of the defunct Power Holding Company of [...]

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Currency In Circulation Rises To N2.39tn

Currency in circulation rose by N95.13bn from N2.29tn at the end of June to N2.39tn in July, according to the latest statistics obtained from the Central Bank of Nigeria on Thursday. The CBN data [...]

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International Flights To Resume In Weeks –FG

The Federal Government on Thursday said the airports would be reopened to international flights in weeks and not in months. When international flights eventually resume, passengers are expected [...]

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4.36 Million Oil Barrels Lost To Power Outage, Others – NNPC

No fewer than 14 crude oil export terminals in the country were shut down in April and May this year owing to power outage and pipeline leakage, the Nigerian National Petroleum Corporation has [...]

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Nigeria Exported $4.47bn Crude, FAAC Got N1.83tn —NNPC

The Nigerian National Petroleum Corporation on Sunday put the worth of crude oil and gas exported from Nigeria between May 2019 and May 2020 at $4.47bn. It also stated that the corporation [...]

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CBN to Unify Exchange Rates, Pegs Naira At 379/$

The Central Bank of Nigeria on Saturday officially changed the exchange rate of the Naira to the Dollar from N361 to N379 on its website. The apex bank had earlier expressed its decision to unify [...]

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FG To Restructure SME Loans, Says Osinbajo

The Vice President, Yemi Osinbajo, has said the Federal Government is working with the Central Bank of Nigeria to help borrowers to restructure their loans as part of efforts to ease the impact [...]

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STOCK MARKET REPORT FOR 10th OF AUGUST, 2020

A total turnover of 1.065 billion shares worth N10.798 billion in 20,482 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 421.984 million shares [...]

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Nigeria, US Sign Air Transport Agreement

The Federal Executive Council, FEC, on Wednesday approved the ratification of Air transport agreement between Nigeria and the United States of America, USA. The air transport bilateral agreement [...]

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Air Pollution May Reduce Life Expectancy By Two Years –Study

Air pollution cuts life expectancy for every man, woman and child on earth by nearly two years, according to data released on Tuesday which experts said showed poor air quality is “the greatest [...]

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