Finance & Economy - Page 295

FIRS rakes in historic N650bn profit in June

The Federal Inland Revenue Service (FIRS) said that it made over N650 billion in June 2021, the highest revenue realised in a single month since the assumption of office of the current

Editor

July 8, 2021

Agro-Economy·Entrepreneurship·News

AfDB bolsters women-empowered businesses with $50m loan to FCMB

The African Development Bank (AfDB) has announced the approval of a $50 million loan to Nigeria’s First City Monument Bank (FCMB) by its Board of Directors for local enterprises and women-empowered businesses

Editor

July 8, 2021

Nigerias Minister of Finance Zainab Ahmed

Finance & Economy·News

Recurrent expenditure heads to 80% of FG’s budget

The recurrent component of the country’s total spending outlay is heading towards 80 per cent, the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) has suggested. Whereas the ratio of

JOSEPH AFAMHE

July 8, 2021

Finance & Economy·News

Heirs Holdings’ Entry Echoes Efficiency In Nigeria’s Insurance Sector

Deputy President, NCRIB, Barrister Rotimi Edu (left); Vice President, Mr. Tunde Oguntade; President, NCRIB, Dr Bola Onigbogi; Acting Managing Director/CEO, Heirs Insurance Limited, Dr. Adaobi Nwakuche; Managing Director/CEO, Heirs Life Assurance, Niyi Onifade; and Chairman, Heirs Life Assurance,

Editor

July 8, 2021

Entrepreneurship·News

New COVID-19 restriction will affect Nigeria’s travel industry, expert warns

Says tour agencies should focus on local destinations Still reeling from the effect of the COVID-19 pandemic on the travel industry in Nigeria, experts fear that the new ban placed on travellers

Editor

July 7, 2021

Finance & Economy·News

Nigerian Govt Claims Success in Disbursing N500 Billion COVID-19 Stimulus Package

…Says 36 States Got N50b …Seven Local Airlines Given N2.84B Nigeria’s Federal Government on Monday said its COVID-19 stimulus package had saved the economy from degeneration and saved or created over two

Editor

July 5, 2021

Southern Governors meeting in Lagos State

Agro-Economy·News

Activists back new deadline for anti-open grazing law in Southern Nigeria

Human rights activists have asked governors of the 17 states in Southern Nigeria to “stand their ground and resist any attempt no matter how brazen by President Muhammadu Buhari to illegally annex

Editor

July 5, 2021

Finance & Economy·News

Stock market: CUTIX, NCR start week on top of NGX gainers chart

CUTIX and NCR started the new week on the Nigerian Exchange Limited at the top of the gainers’ chart, coming first and second respectively. To emerge at the top, CUTIX closed the

Editor

July 5, 2021

Finance & Economy·News

‘Nigerians deserve to know how $25bn overdraft was spent’

The federal government owe Nigerians an explanation of how the $25 billion overdraft and loans it obtained from the Central Bank of Nigeria (CBN) since 2015 were spent. Reacting to the suit

Kayode Shopekan

July 5, 2021

Nigerians Groan As NNPCL Again Increases Pump Price of Petrol

News·Oil & Gas

Energy Transition: Industry players say no cause for alarm

Top professionals in the oil and gas industry have allayed fears that the much-talked-about energy transition might result in the collapse of Nigeria’s oil-dependent economy. This formed part of the discussions in

Editor

July 5, 2021

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Finance & Economy - Page 295

FIRS rakes in historic N650bn profit in June

AfDB bolsters women-empowered businesses with $50m loan to FCMB

Recurrent expenditure heads to 80% of FG’s budget

Heirs Holdings’ Entry Echoes Efficiency In Nigeria’s Insurance Sector

New COVID-19 restriction will affect Nigeria’s travel industry, expert warns

Nigerian Govt Claims Success in Disbursing N500 Billion COVID-19 Stimulus Package

Activists back new deadline for anti-open grazing law in Southern Nigeria

Stock market: CUTIX, NCR start week on top of NGX gainers chart

‘Nigerians deserve to know how $25bn overdraft was spent’

Energy Transition: Industry players say no cause for alarm

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