26.6 C
Lgaos, Ng
Tuesday, September 19, 2017


NaijaFab Business News

CBN Governor: China to start importing from Nigeria

The CBN Governor, Godwin Emefiele, said the Federal Government is talking with China to start importing some of its own items from Nigeria. According to...

CBN to resumes dollar sales to BDCs

The Central Bank of Nigeria (CBN) will today resume dollar sales to Bureaux De Change (BDCs) seven months after it stopped the practice. It stopped...

DMO: Nigeria’s debts hit N12trn

Director General of the Debt Management Of­fice (DMO), Dr. Abraham Nwankwo, has disclosed that the country’s external and lo­cal debts have risen to N12...

Kaduna Refinery shutdown over zero supply of Crude Oil

The Kaduna Refining and Petrochemical Company (KRPC) has stop production following renewed activities of Niger Delta militants. Our Correspondent gathered that the Kaduna refinery stopped...

Fuel scarcity: Oil marketers stop importation due to $1b debt

The fuel scarcity experience may last longer as marketers have stopped importation due to a $1 billion debt. Speaking with newsmen yesterday, the Executive Secretary,...

Kachikwu: Fuel importation will stop by 2019

Federal Government said to Nigerians that importation of Premium Motor Spirit (PMS) will stop by 2019 and Nigeria will become a net exporter of...

Buhari: FG borrows N600billion monthly to survive

President Muhammadu Buhari disclosed that the Federal Government borrows an average of N600 billion monthly to augment what it gets from the Federation Account...

President Buhari orders NNPC to search for oil in North

For the second time in three weeks, the Nigerian National Petroleum Corporation has received an express order from President Muhammadu Buhari to explore for...

Kemi Adeosun assures rebound, announces N248 billion capital release

The Minister of Finance, Mrs Kemi Adeosun, on Thursday assured that though Nigeria was technically in recession, measures were being taken to ensure a...

China gives Nigeria $6b loan to fund projects

“It is a credit that is on the table as soon as we identify the projects,” Onyeama said, adding: “It won’t need an agreement...

Latest News

Weather Report

Lagos, NG
clear sky
26.6 ° C
26.6 °
26.6 °
28 °
26 °
26 °
26 °
26 °