Fuel Subsidy Debt: Marketers receive N236bn promissory notes
“I can confirm to you government made good its promise to deliver promissory notes to marketers on Friday.”
Nigeria’s delay in ratifying African free trade agreement regrettable – Obasanjo
Maiden intra-Africa trade fair ends in Egypt.
EXPLAINER: 10 things to know about Access Bank, Diamond Bank merger
Beginning 2011 and effectively in 2012, Access Bank took over the defunct Intercontinental Bank Plc.
MALABU: Eni, Shell knew of corrupt payments to Nigerian officials — Judge
The judge, Giusy Barbara, also berated Nigerian politicians and officials involved in the controversial deal.
Insurance coys settle N145bn claims in Q3 – NAICOM
The figure represents a 30 per cent increase compared with N110 billion paid in the same period of 2017.
Nigerian states to access World Bank’s $750mn grant – Official
She said the World Bank has already approved the grant.
Nigeria’ inflation rate rises to 11.28% in November – NBS
The CPI measures the average change in prices of goods and service.
TSA transactions value hit 13.53 trillion in 2017 — CBN
The report says the value of transactions recorded represented an increase of 27.01 per cent over 2016 figure.
Malabu Scandal: Nigeria files fresh $1.1bn suit against Shell, Eni
The Nigerian government is currently allowing the oil firms to process one of the fields in the block, called Zabazaba.
Untold story of MTN’s ‘illicit’ repatriation of billions of dollars from Nigeria
The case highlights growing concerns about rising illicit financial flows in Africa.
FIRS generates N5 trillion, targets N5.3trn by year end
The highest in FIRS history is N5.07 trillion generated in 2012.
MTN: Again, Court adjourns hearing on alleged illegal repatriation
The court had, earlier in the month, adjourned the hearing.
Nigeria’s capital importation decreases to $2.85 billion in Q3 – NBS
The figure represents a 48.21 per cent decrease compared to the second quarter.
OPEC Cut: Nigeria’s daily oil production to drop to 1.7mn barrels
About 43,775 barrels would be cut from the nation’s oil production from January, 2019.
CBN vows to clamp down on businesses, banks that abuse Forex on 42 restricted items
Banks that provide their platforms for such economic sabotage and abuses would be appropriately sanctioned.
NNPC threatens court actionover ‘illegal’ withdrawal of $1.05bn
The NNPC says it believes it has the right to make such withdrawals.
Why Nigerian govt owes ‘N800bn’ debt to fuel marketers, offers N236bn
The government offers to pay N236 billion to the marketers on or before December 14.
N800bn Subsidy Arrears: Oil marketers deny agreement with Nigerian govt
The group says its ultimatum will expire on Monday.
OPEC, non-OPEC oil producers agree to cut 1.2mn barrels of oil daily
Nigeria is to be affected by the oil cuts.