Business

FG targets N150bn revenue from 5G spectrum auction

The Federal Government of Nigeria is to earn at least N150 billion ($394.8 million) from Fifth Generation (5G) spectrum auction. This…

4 years ago

$418m: No arbitrary deduction from states, LGs – Malami

The Federal Government has denied engaging in arbitrary deductions from FAAC allocations to States and Local Governments in its pursuit…

4 years ago

Dahiru Mangal mulls $600m cement factory in Kogi

Mangal Industries Ltd. signed an agreement with a Chinese firm, Sinoma, for the construction of a cement factory with capacity…

4 years ago

Apapa Customs Command generates N86bn revenue in October

The Apapa Area Command of the Nigerian Customs Service (NCS) said it collected a total of N86.02 billion as revenue…

4 years ago

FMDQ’s turnover increases to N24.03trn in September

FMDQ Securities Exchange Ltd. has recorded a turnover of N24.03 trillion in the Fixed Income and Currency (FIC) markets in the…

4 years ago

CBN approves payment service bank licenses to MTN, Airtel

Two major telecommunications firms in Nigeria, MTN Nigeria and Airtel Africa, have been granted approval in principle (AIP) for payment…

4 years ago

FEC approves N37.9bn contracts for Lagos, Abuja airports

The Federal Executive Council (FEC) has approved three contracts worth N37.9 billion to beef up operations at the Murtala Muhammed…

4 years ago

Shell awards $800m contracts to Nigerian companies

Country Chair, Shell Companies In Nigeria (SCiN), Mr. Osagie Okunbor, has said that 100 per cent of its contracts worth…

4 years ago

Five Reps, others file N5bn suit against Azman Air

Five members of the House of Representatives and four other Nigerian citizens have filed a N5 billion suit against Azman…

4 years ago

Road projects: DMO to issue N250bn Sovereign Sukuk

The Debt Management Office (DMO) is set to issue another Sovereign Sukuk of N200 – N250 billion this year to…

4 years ago

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