11 results
- 23 Aug 2013
FG Puts Loss to Oil Theft in July at N365Bn
Dr. Yerima Ngama, minister of State for Finance, has said that the federal government has lost a total of N365 billion to oil theft in the month of July. Ngama stated this at the end of the…
- 6 Jan 2014
Ministers, Bank Chiefs Jostle for Sanusi’s Job @ CBN
Mr. Olusegun Aganga, minister of Industry, Trade and Investment and Dr. Yerima Ngama, minister of State for Finance have reportedly joined the high-wired corporate cum political chess game to succeed…
- 30 Jan 2013
FG Bows to Pressure, Shares $1Bn from Oil Money
National Economic Council (NEC), the advisory body to the President on the economy met yesterday and approved the sharing of $1billion from the Excess Crude Account (ECA) among the 36 states of the…
- 11 Sept 2013
FG to Cut Deposits in Banks over their Refusal to Lend to Nigerians
The federal government said that it might be forced to cut her deposits with Deposit Money Banks (DMBs), otherwise commercial banks in the country over their reluctance to grant loans to…
- 6 Aug 2013
FG Targets $2.9Trn to Finance Infrastructure Projects
Federal government of Nigeria plans to use the capital market vehicle in mobilizing both domestic and foreign investors to invest in long term capital projects worth $2.9 trillion (N464 trillion) in…
- 28 Sept 2010
FirstBank Appoints 5 Management Executives
The Board of Directors of FirstBank of Nigeria Plc (FirstBank) has made five key strategic appointments to its business operations in a bid to deepen specialization and service delivery as well as…
- 17 Jan 2013
FG Rebuffs Govs, Won’t Share $1Bn Oil Money
President Goodluck Jonathan has rebuffed state governors who are demanding additional $1 billion from the Excess Crude-oil Account (ECA), a week after the three tiers of government shared about…
- 21 Mar 2013
FG to Share $2Bn Oil Money with States, LGs
The National Economic Council has approved the sharing of between $1billion and $2billion from the excess crude account amongst the federal, state and local governments. Godswill Akpabio, governor of…
- 12 Feb 2014
President Jonathan Sacks Odua, 3 Others
President Goodluck Jonathan this afternoon dropped embattled Stella Oduah, minister of Aviation and three others from his cabinet. Others are; Caleb Olubolade, minister of Police Affairs; Godsday…
- 17 May 2013
35,000 Companies Evade Taxes in Nigeria
Some 35,000 firms are said to be evading tax payment in the county and government said that this stalling her responsibility of providing basic amenities. The government, said plans are underway to…
- 27 Aug 2013
Okonjo-Iweala Inaugurates Sarah Alade-led NEXIM Board
The Board of the Nigeria Export-Import Bank (NEXIM) recently reconstituted by President Goodluck Ebele Jonathan, has been inaugurated by Dr. Ngozi Okonjo-Iweala, coordinating minister for the Economy…