Daar Communications reports N2.2 billion loss despite increased revenue
Mr Dokpesi said the about N925 million increase in revenue during the year did not translate into profitability.
NNPC begins repair of damaged oil pipeline in Delta
The Abura Crude Trunk line at Otu-Jeremi town in Delta experienced an eruption on Friday.
CBN says deadline for return of mutilated notes not applicable to bank customers
The bank says anyone whose qualifying mutilated note is rejected by any bank should report such a bank to CBN by calling 07002255226
UBA releases audited result, announces growth, profit
The profit for the first half of the year translated to an annualised return on average equity of 21.7 per cent.
Nigeria loses 22 millions barrel of crude oil in six months — Gov Obaseki
The governor said the figure could double by the end of the year.
AfDB spends $2 billion to train 6 million African scientists
The support is between 2005 and 2019.
BOI assists 2 million enterprises with N678bn in 4 years – Official
The bank said it had also ensured the creation of jobs across the country, using the Federal Government Trader Money Scheme targeted at micro-businesses.
Gemstones could earn Nigeria over $12 billion – Don
According to experts, the Nigerian economy does not benefit, financially, from gemstone trade.
Nigerian Diaspora and Remittances: Transparency and market development
Nigeria is the sixth country in the world in remittance inflows. Egypt at 28.9B is in fifth place, with Mexico, The Philippines, China and India on top.
Eni announces huge gas, condensates discovery onshore Nigeria’s Niger Delta
Eni said the find was about one trillion cubic feet of gas and 60 million barrels of associated condensate.
Pipeline vandalism increases 77% across Nigeria in June – NNPC
The NNPC also said 1.76 billion litres of petrol was supplied in June.
Unclaimed dividends drop as investors consolidate 3.4bn shares – Official
The official spoke at the end of the second quarter Capital Market Committee (CMC) in Lagos on Friday.
Federal govt earned $14.5 bn from crude oil, gas sale in 2017 — NEITI
The revenue was made up of $13.18 billion, or 90.8 percent from crude oil, and $1.32 billion, or 9.1 percent from gas.
60% of Nigeria’s 2019 budget to be rolled into 2020 – Minister
“The 2019 budget has not been aggressively executed and 60 per cent of it will have to be rolled into the 2020 budget.”
Ngige threatens to sanction banks over indiscriminate sack of workers
The minister assumed duty on Thursday a day after he was sworn in by President Muhammadu Buhari.
What Nigeria’s National Economic Council discussed during its 96th meeting
Officials listed some of the succeses of the administration at the meeting.
How Nigeria’s economy has improved under Buhari – Finance Minister
Mrs Ahmed also said Nigeria’s unemployment rate as at September 2018 was 20.1 per cent.