Nse Anthony-Uko

92 Articles

Oil pipeline security contract: Nigeria lost $800m to breaches under previous system-NNPC

Following widespread backlash over the award of oil infrastructure surveillance contract to an indigenous firm, Ocean Marine Solutions for the…

Nigeria’s active telephone lines rises to 165.2m in October, says NCC

Nigeria has further consolidated its position as the largest telecom market in Africa as active telephone lines in the country…

Taraba, Ekiti, Jigawa worst hit in month inflation went down to 11.26%

Nigerian sub-national states of Taraba, Ekiti and Jigawa were worst hit by the impact of rising consumer products prices in October…

Nigeria approves N14.7bn for production of ECOWAS biometric ID card, effective Jan. 2019

The Nigerian government will from January 2019 commence the production and issuance of the Economic Community of West African States…

October allocation to Nigeria’s national, sub-national governments rises to N788bn on the back of higher crude output

Total monthly payout by Nigeria's Federal Account Allocation Committee  (FAAC) for distribution to the national and sub-national governments rose  by…

Nigeria’s Development Bank finances 35,000 MSMEs in first year of operations

The Development Bank of Nigeria has signed on at least 35,000 Micro Small and Medium Enterprises in its first year…

Nigeria’s senate says new minimum capital for MfBs inimical to financial inclusion objectives

Nigeria’s Senate Committee on Banking, Insurance and Other Financial Institutions has expressed concern over the decision of the Central Bank…

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Nigeria central bank reassures foreign investors on fears over MTN’s$8bn refund, says no firm under investigation

Godwin Emefiele, governor of Nigeria’s central bank has allayed foreign investors’ anxiety over the safety of their investments in the…

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CBN retains MPR at 14%, holds other rates

Contrary to widespread speculation by analysts and financial market commentators, the Central Bank of Nigeria's(CBN) Monetary Policy Committee (MPC) on…

DMO plans promissory note, bond issuance to settle over N800b local debts

Relief may soon come the way of some cash-strapped local contractors, including oil marketers, who are still being owed years…

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