Nigeria’s internet users hit 98.3 million in December –NCC
The growth was marginal over November.
Nigeria re-appoints consortium of banks to implement $2.5 billion Eurobond
Potential savings on the proposed $2.5 billion refinancing was estimated at N64 billion per annum.
Nigeria Railway Corporation generates N4.1 billion in 2017
The figure is N723.6 million less than targeted revenue of N4.85 billion
Court summons Access Bank CEO over ‘fraudulent withdrawals’ from NIJ Provost’s account
The withdrawals were made more than four years ago
Govt. committed to spend N1.3 trillion annually on infrastructure- Adeosun
“The outlook for Nigeria’s economy is very positive. We are very optimistic about our prospect,” says official.
Golden Handshake: How SEC board approved N1.7 billion for staff retirement package
A probe panel had accused suspended SEC DG, Mounir Gwarzo, of spending the money illegally.
CBN injects $210 million into foreign exchange market
The bank says it will continue to intervene in the interbank foreign exchange market in line with its quest to sustain liquidity and maintain stability
Siting modular refineries in oil, gas free zones will aid investment – Nigerian exporters
The group says the move will help diversify the nation’s economy..
Bank credit to private sector fell in 2017 Q4 — NBS
Oil and Gas and Manufacturing sectors got the highest credit allocations.
British banks ban buying of bitcoin with credit cards
Last week, the Nigerian Senate warned Nigerians against investing in bitcoin.
Firstbank ATMs dispense N2.8 trillion in one month
The bank accounted for 37 per cent bill payment services on ATMs in the nation’s banking industry.
Nigeria, others commence exchange of tax information on foreign accounts, property
The Minister says the offshore tax shelter system was ‘basically over.’
Takeaways From Paddy Adenuga’s Trojan Gambit For Chevron Netherlands, By Tope Fasua
“I also detected a few signs of naivety in Paddy’s gambit. Sounds great doesn’t it?”
Nigeria has become investors’ destination – Lai Mohammed
The minister says with a population of almost 200 million, 60 per cent of which are under the age of 17, there is enormous opportunity available for the animation industry
NSE All-Share Index opens February with 0.2 percent growth
The market capitalisation closed higher with a growth of N59 billion to close at N15.954 trillion against N15.895 trillion on Wednesday
Aviation union shuts down operations of Bristow, Caverton Helicopters
The union accuses the helicopters management of rascism.
NEITI laments lawmakers’ poor use of oil, gas industry audit findings
The official says past NEITI reports contain detailed information and data.
‘Rich’ people exiting Lagos due to heavy tax – Report
The report lists Lagos and London in the same category with Istanbul.
NPA gives Intels two weeks to pay outstanding debt
NPA urges the logistics firm to adhere to the rules governing its operations.