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Day: October 5, 2023

Nigeria Loses N847 Billion to Gas Flaring, According to NOSDRA Report
Business News

Nigeria Loses N847 Billion to Gas Flaring, According to NOSDRA Report

Web AdminOctober 5, 2023October 5, 2023
The Federal Government has incurred a staggering loss of approximately N847 billion due to gas flaring between January 2022 and August 2023, as per data retrieved from the National Oil...
States Borrow N46 Billion from Banks to Cover Salaries Amid Economic Crisis
Business News

States Borrow N46 Billion from Banks to Cover Salaries Amid Economic Crisis

Web AdminOctober 5, 2023October 5, 2023
State governments have resorted to borrowing approximately N46.17 billion from three major banks in the first half of 2023 to meet their salary obligations. This revelation comes from an analysis...
Naira Among Africa’s Weakest Currencies, Experiences 40% Decline, Reports World Bank
Business News

Naira Among Africa’s Weakest Currencies, Experiences 40% Decline, Reports World Bank

Web AdminOctober 5, 2023October 5, 2023
The Nigerian naira has been ranked among Africa's poorest-performing currencies, with a nearly 40% depreciation against the US dollar since a mid-June devaluation, according to a report by the World...

Recent Posts

  • Fidelity Bank Celebrates Customers, Disburses ₦30m in Cash Prizes
  • ₦30m Donation Rejected by Pastor Enenche During Church Service Visit
  • US Authorities Recover $225 Million in Major Cryptocurrency Scam Bust
  • Financial Experts Raise Alarm Over CBN’s 50% CRR and Banking Sector Liquidity
  • House Probes Oil Companies Over Unremitted $457m, Recovers N86m

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Fidelity Bank Celebrates Customers, Disburses ₦30m in Cash Prizes

₦30m Donation Rejected by Pastor Enenche During Church Service Visit

US Authorities Recover $225 Million in Major Cryptocurrency Scam Bust

Financial Experts Raise Alarm Over CBN’s 50% CRR and Banking Sector Liquidity

House Probes Oil Companies Over Unremitted $457m, Recovers N86m

Sokoto Trains Officials to Boost Fiscal Transparency, Accountability

NELFUND Automates Loan Application Process to Boost Accessibility and Efficiency

Lawmakers Launch Investigation into Alleged Misuse of N1.12 Trillion Anchor Borrowers’ Programme Funds

Nigeria’s Crude Imports Hit N1.2 Trillion Amid Declining Domestic Production

Nigerian National Nabbed in India with N214 Million Worth of Narcotics

CBN’s Dividend Suspension Sparks Sell-Off in Banking Stocks, Raises Recapitalisation Concerns

Non-Performing Loans Surge Past $3.5bn Across Six Nigerian Banks – Report

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