Latest economic reports from the Economic Confidential
Anxiety as CBN Beams Searchlight on More Banks
In a move that generates anxiety among banks customers, the Central Bank of Nigeria (CBN) has disclosed that it is monitoring activities of some commercial lenders.
AMCON: Jimoh Ibrahim Wins as Court discharges order
The claim that Ibrahim kept One Hundred and Thirty-Seven Million Pounds (£137million) with Union Bank was undisputed by AMCON. Ibrahim's Lawyer said that since that fact is undisputed, there is no basis for the interim order of the court.
NNPC Owes Federation Account N5trn
The Federation Accounts Allocation Committee (FAAC) has disclosed that the Nigerian National Petroleum Corporation (NNPC) is indebted to it to the tune of N5 trillion over the last five years.
MTN, Glo, Others to Lose N109tn to WhatsApp, Facebook – Report
The growing importance of social media platforms and apps as well as Internet voice applications has hit telecommunications firms hard, claiming a chunk of their revenue.
Airlines' Tariffs Have Been Liberalised-NCAA
The Nigerian Civil Aviation Authority (NCAA) says all airlines' tariffs for services rendered, which include fares, rates, add-on charges or terms and condition of service, have been fully liberalised.
NIRA registers 2,767 domain names in June
The President of the Nigeria Internet Registration Association (NIRA), Mr Sunday Folayan, has said that 2,767 domain names were registered in June.
Bank Returns Reveal Increased Forex Allocation to Manufacturers
Trading by banks on behalf of their clients on the Nigerian Interbank Foreign Exchange (NIFEX) has shown increased foreign exchange (forex) allocation to the importation of raw materials and industrial machines by manufacturers.
Telecoms Sector Leads in Ad Spend with N16.7bn in 2015
The report of the just released 2015 Mediafacts, which is a key media resource for marketing professionals in West and Central Africa, has shown that the telecommunications sector retained its lead position as the highest advertiser in Nigeria in 2015 with a combined total expenditure of N16.7billion.
Only 25% of Nigeria's Gas Reserves is Utilised – Shell chief
Only 25 per cent of the country's gas reserves is being utilised, the Managing Director of Shell Petroleum Development Company (SPDC) and Country Chair of Shell Companies in Nigeria, Mr. Osagie Okunbor, has said.
Interbank Rate Rises on Cash Shortage
The nation's interbank lending rate has risen by 10 per cent, data from the FMDQ OTC website have shown.
For More visit:
No comments:
Post a Comment