“NIGERIA SPENDS N300BN ANNUALLY ON HOTEL ACCOMMODATION”
By Jonah Nwokpoku Founder/ Chief Executive Officer of Nigeria’s Online Hotels Booking Limited, Hotels.ng, Mr. Mark Essien disclosed this when speaking to Vanguard...
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SABINEWS – THE NIGERIAN ECONOMY TODAY
Sabinews daily update on the Nigerian Economy for July 13, 2014 CBN: Financial Condition Index Hit 21% in Q2 There are indications that access to credit by businesses acr...
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SABINEWS – THE NIGERIAN ECONOMY TODAY
Sabinews daily update on the Nigerian Economy for July 10, 2014 BPE, NCP Ask Court Not to Stop Power Stations’ Privatisation The Bureau for Public Enterprises (BPE)...
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SABINEWS – THE NIGERIAN ECONOMY TODAY
Sabinews daily update on the Nigerian Economy for July 8, 2014 Foreign reserves up by $538.22m in seven days In what may be a further testimony of the success of the batt...
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CBN BRINGS RELIEF TO BUREAU DE CHANGE (BDC) OPERATORS
Bureau De Change (BDC) operators can now heave a sigh of relief following the CBN’s extension of the deadline for compliance with the new capital requirements recently an...
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INTERNAL SQUABBLES, DECLINING PATRONAGE TAKE TOLL ON NSPMC
By James Emejo There are strong indications that the Nigerian Security Printing and Minting Company (NSPMC) Plc, popularly known as ‘the Mint’ may record about N1 billion...
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BOI APPROVES N25.322B LOANS IN FIRST QUARTER
By Phillip Oladunjoye Acting Managing Director/Chief Executive Officer of the Bank of Industry (BoI), Waheed Olagunju, has said that the bank has approved loans va...
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‘LACK OF RELIABLE FIGURES DETER INVESTORS IN AFRICA’
By Obinna Chima African countries’ rapid growth over the past decade may have been the envy of many developed economies, but their number crunchers have stru...
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FG PAYS $45BN TO OIL MARKETERS
The federal government says it is currently making payments totaling N45 billion to oil marketers for fuel imported. According to a statement signed by Paul Nwabui...
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REVENUE SHORTFALL: FG WITHDRAWS N1.9TN FROM ECA
By Ifeanyi Onuba The Federal Government withdrew N1.99tn from the Excess Crude Account in the 2013 fiscal year, documents obtained from the Budget Office of the Fe...
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