Capital releases to Federal Ministries, Departments and Agencies (MDAs) for the 2016 budget, have reached a record N1 trillion, the highest ever budgetary releases in Nigeria’s annual funding for capital…
Naira against dollar Following Thursday’s FOREX wholesale auction, the Central Bank of Nigeria (CBN) has concluded transactions on the sum of $100 million earlier offered at the interbank market to…
The founding fathers of the Nigerian Institute of Public Relations (NIPR) fought for the enactment of Decree No. 16 of 1990 (now an Act of the National Assembly) to regulate…
Release date: March 22, 2017 | Next release date: March 29, 2017 This Week in Petroleum updated on March 23 to correct an error in the text. U.S. crude oil…
UBA Plc today released audited results for the financial year ended 31 December 2016. Net Interest Income N’million FY 2016| N165,200 FY 2015| N133,599 %age change|24% Profit after tax N’million…
Nairametrics|As part of efforts to boost non oil exports, the Federal Government has recommenced the Export Expansion Grant (EEG) scheme and will pay outstanding arrears which are in excess of…
PZ Cussons unaudited results for the 9 months period ended 28 February 2017. Revenue N’million 2016/17| N57,150 2015/16| N50,657 %age change|13% Profit after tax N’million 2016/17| N1,601 2015/16| N1,648 %age…
Nairametrics| The Lagos State government is at loggerheads again with the private sector. Just recently the state introduced the Clean Lagos Initiative, a policy it claims will deliver a cleaner…
The Central Bank of Nigeria (CBN) has again offered the sum of $100 million to meet the requests of wholesale customers, out of which $91 million was taken, indicating greater…
The FCT Minister, Malam Muhammad Musa Bello has constituted an Inter-Ministerial Committee to look the abandoned N61 billion Katampe District engineering Infrastructure project and make recommendations within six weeks. The…