Abdulrahman, who is the House Committee Chairman on Appropriation, Budget and Finance, said the ministry had not responded to an earlier resolution passed last week that the ministry should furnish it with the details of the disbursement of the fund
Browsing: Business
Latest news in Business, Finance, Banking, Savings, Growth, NEC, Cooperatives from Nigeria and around the world, Get it fresh on The Eagle Online.
Kola Adesina, the Chairman of Egbin Power Plc, said the company’s industrial park, which is projected for completion by 2019, will be designed to support small, medium and large enterprises and ultimately make Egbin town a confluence of industrial activities
The Head of Press and Public Relations of the OAGF, Kenechukwu Offie, confirmed the development to the News Agency of Nigeria on Tuesday in Abuja
Ekong assured the bank’s customers and SME owners that the institution would assist them access both the Central Bank of Nigeria and Bank of Industry SME funds to grow their businesses
The purpose of the peer learning event is to provide a platform for sharing practical and effective measures to help boost domestic revenue mobilization in states and local government areas
Gulf oil producers are delaying some field maintenance until next year to keep production high and reduce costs as they forecast ongoing low oil prices in 2016
MTN, which had a $5.2 billion fine imposed on it by the Nigerian Communications Commission last week for failing to deregister SIM cards in its largest market, said it received confirmation from the regulator that its operating spectrum in the 900 MHz and 1800 MHz frequency bands had been renewed
The company stated further that the UNEP report was very clear in its recommendations to bring about a sustainable clean-up exercise in Ogoniland
The News Agency of Nigeria reports that the official interbank rate, however, remained at N197
The report stated that total foreign outflow for September stood at N40.07 billion, compared to N48.07 billion recorded in August
It stated that the extension was only for customers in the Diaspora and advised Deposit Money Banks to ensure that the exemption was utilised by the targeted group only
The report showed that there was an increase of 1,646 in the Mobile Number Portability activities in the month of September, in contrast to 39,073 activities recorded in August
Also, the market capitalisation, which opened at N10.032 trillion, shed N19 billion or 0.19 per cent to close at N10.013 trillion.
The interactive forum is in continuation of the Bank’s efforts to boost export trade and help customers tap into the numerous benefits associated with the business through sensitisation and capacity enhancement
Danbatta said the commission was focussed on providing a level playing field for all telecom companies and investors to maximise their investments in the sector
The C919, developed by the state-owned Commercial Aircraft Corporation of China Limited, would have 158 seats and a range of 4,075 kilometres
“Yes, trading in MTN shares has been suspended and the information was broadcast across the trading platform,” said Peter Redman of the exchange’s surveillance department
The mentors will be drawn from various fields that include engineering, marketing, law, procurement, management, communications and finance
A high-impact summit for Nigeria’s development sector, it will host over 500 practitioners across impact areas, including agriculture, education, healthcare, media and arts, economic empowerment and financial inclusion, housing, environment, gender advocacy amongst others
The APC said this is against the relevant laws of the nation, which recognises the local government areas as a separate and independent tier of government