NCC remits N51.3 billion to Nigerian govt in Q1 2019
The latest data by the NBS showed that the telecoms industry contributed 10.11 per cent to Nigeria’s GDP in the first quarter of 2019.
Profit taking: Investors net worth drop further by N110 billion on NSE
The All-Share Index which opened at 28,566.79 dipped 225.76 points or 0.79 per cent to close at 28,341.03.
Nigeria inflation falls to 11.22% — lowest in one year
Nigeria’s inflation hit the highest marks in the last 12 months in December 2018 and May 2019.
Nigeria Immigration revenue increased 9% in 2018 – NBS
The bureau said this in its “Immigration Statistics of 2018”, obtained from the NBS website on Sunday in Abuja.
SPECIAL REPORT: How N-Power beneficiaries abscond from duty, abuse opportunity in three states
The scheme, which was initiated to bring relief to thousands of youth, is being abused by some beneficiaries in Adamawa, Kano and Katsina.
How poor disclosure, delayed passage of PIB mar Nigeria’s oil licencing exercise
The integrity and transparency of the exercise continue to generate ripples among stakeholders.
NSE market indices drop further by 0.51 per cent on sell pressure
The All-Share Index shed 145.51 points to close at 28,566.79 compared with 28,712.30 achieved on Thursday.
Forex Intervention: CBN injects $298.71 million into retail market
The bank also injected 39.69 million CNY in the spot and short-tenured forwards segment of the inter-bank foreign market.
Malabu: JP Morgan to appeal judgement allowing its prosecution by Nigerian govt
A High Court in London dismissed a motion filed by the U.S. firm to halt its prosecution by the Nigerian government over the Malabu oil scandal.
NGF visits new NNPC GMD, seeks improved oil revenue
Wants options to determine long-term ‘revenue trends’ for oil exports to stabilize government budgets.
Buhari has never interfered in NNPC’s affairs – Mele Kyari
Mr Kyari disclosed this during a meeting organised by the anti-graft agency EFCC in Abuja.
NSE: Market capitalisation loses N265bn as bearish trend persists
The All-Share Index, which opened at 29,256.60, shed 544.30 points or 1.86 per cent to close at 28,712.30.
Budget: Governors seek ways to achieve fiscal stability from oil revenues
Mr Fayemi said the growth and stability of the oil industry, has a significant bearing on the plans of the various governments at all levels.
No state’s revenue was enough to fund its 2018 budget – NEITI
The report also said, apart from Lagos and Ogun, all others continued to depend on FAAC disbursements.