The Naira Is Crashing Against dollar

16 /August 2017

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The Naira Is Crashing Against dollar
Nigeria’s currency, the naira is losing the momentum it was gathering against the dollar. The development follows lack of dollar sale by the Central Bank of Nigeria, CBN on Monday The naira has had a somewhat steady rise since February this year after the Central Bank of Nigeria, CBN started a weekly intervention in the […] The post The Naira Is Crashing Against dollar appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers ... Learn more
Naira drops to 370 on lack of dollar supply

16 /August 2017

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Naira drops to 370 on lack of dollar supply
Oyetunji Abioye The naira depreciated against the United States dollar at the parallel market on Tuesday to 370, down from 368/dollar on Monday. The local unit had closed at 367/dollar on Friday. The development followed lack of dollar sale by the Central Bank of Nigeria on Monday. The CBN has been supplying dollar to the... Learn more
Govt officials received N400bn bribes in one year – NBS

16 /August 2017

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Govt officials received N400bn bribes in one year – NBS
Ifeanyi Onuba, Abuja A total of N400bn was received in bribes by public officials within a period of one year, the National Bureau of Statistics said on Wednesday. The NBS stated this in its National Corruption Report, adding that 32.3 per cent of Nigerian adults who had contact with public officials between June 2015 and... Learn more
FG allots N738.14m in August savings bond sales

16 /August 2017

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FG allots N738.14m in August savings bond sales
The Federal Government allotted N738.14m in its August 2019 and 2020 savings bond sales. The Debt Management Office on its website on Wednesday said that N215.64m was allotted at 13.53 per cent with 328 successful subscriptions to mature in August 2019. It stated that N522.50m was allotted at 14.53 per cent with 433 successful subscriptions... Learn more
Oil production cost drops by 71 per cent

16 /August 2017

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Oil production cost drops by 71 per cent
Okechukwu Nnodim, Abuja The Nigerian National Petroleum Corporation on Wednesday said it had driven down the cost of crude oil production from $78 per barrel as of August 2015 to $23 per barrel, representing a 70.5 per cent fall. The Group General Manager, National Petroleum Investment Management Services, a unit of the NNPC, Dafe Sejebor,... Learn more
Interfact Beverages donates patrol vans to boost Anambra security

16 /August 2017

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Interfact Beverages donates patrol vans to boost Anambra security
A reputable company and makers of Hero and Grand malt drinks, Interfact Beverages ltd has donated six Patrol Vehicles to the Nigerian Police and Anambra State Command of the Federal Road Safety Corps (FRSC). Five Patrol Vans were for Anambra and Delta State Police Command, while one Van was for Anambra State Command of the […] The post Interfact Beverages donates patrol vans to boost Anambra security appeared first on Daily Times Nigeria. Nigeria News from Nigeria Newspapers ... Learn more
Niger govt. signs $3.25bn MoU with firm on fish farming

16 /August 2017

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Niger govt. signs $3.25bn MoU with firm on fish farming
The Niger Government has signed a 3.25 billion-U.S.-dollar Memorandum of Understanding (MoU) with All States Investment Ltd. on fish farming in the state. Mr Henry Goiko, Managing Director, All States Investment Ltd., made this known in Minna on Tuesday after signing the MoU at the 2017 Niger State Investment Summit tagged “Impact Advancing Agricultural Economy […] The post Niger govt. signs $3.25bn MoU with firm on fish farming appeared first on BusinessDay : News you can... Learn more
Amazon set to create 1,000 new jobs

16 /August 2017

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Amazon set to create 1,000 new jobs
US online retail titan Amazon will create more than 1,000 new jobs next year with the opening of a new warehouse in Britain, under plans unveiled Wednesday. Amazon said in a statement that it will open a new order fulfillment centre just outside the city of Bristol in southwestern England in 2018. “We are very... Learn more

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