Author Archives: Supernews - Page 588
CBN releases guidelines for CGCs regulation
CBN Governor, Emefiele By Ngozi Onyeakusi---The Central Bank of Nigeria (CBN) has released guidelines for registration and supervision of Credit Guarantee Companies (CGCs) in the country. The guidelines are contained…
World Bank names Nigeria among 10 with high-debt risk
By Ngozi Onyeakusi---The World Bank has listed Nigeria among top 10 countries with high debt risk exposure. It stated this in the financial statement for International Development Association, which was…
Nigeria’s VAT soars to N1tn in six months —NBS
National Bureau of Statistics (NBS) has disclosed that Nigeria generated a N1tn in the first half of the year, consisting of in the second quarter and generated in the first…
FG recalls Nigeria’s envoy from Indonesia over assault on diplomat
Nigerian being manhandled by Indonesian official The Federal Government on Tuesday recalled its Ambassador in Indonesia as it reviews its bilateral relations with the country. According a statement signed by…
NCC, NESG Seal Deal to Boost Telecoms Impact on Nigeria’s Economy
Executive Vice-Chairman, NCC , Prof. Umar Dambatta The Nigerian Communications Commission (NCC) and the Nigeria Economic Summit Group (NESG) are considering possible areas of increasing collaboration to enhance the impact…
Stanbic IBTC Receives Recognition Across Various Sectors
By Ngozi Onyeakusi---Accolades have continued to pour in for Stanbic IBTC in recognition of the organisation's outstanding performance across various facets of Nigeria's financial industry and its contribution to the…
Photo: Wedding of Efekoha’s daughter
L-r: Olorundare Sunday Thomas, Commissioner for Insurance/CEO, National Insurance Commission (NAICOM); Mrs. Ogheneyoreh Efekoha, bride's mother; Osigwe Ahmed Momoh, groom; Ejiro Oghenesuvwe, bride and Eddie Efekoha, bride's father/Group MD, Consolidated…
Nigeria’s telecoms sector generates fresh N822.66b
National Bureau of Statistics (NBS) has disclosed that two major telecoms operators, MTN Nigeria and Airtel Africa Plc, have attracted a total of $2billion (approximately ) funds into their operations.…
Debt servicing consuming Nigeria’s revenues, says LCCI
The Lagos Chamber of Commerce and Industry has advised the Federal and State Governments to liberalise the infrastructure sector by breaking government monopoly and securitize corporate assets via public offerings…
NNPC records N43.57bn trading surplus in April
NNPC logo The Nigerian National Petroleum Corporation has recorded a trading surplus of in April 2021. This showed a per cent increase when compared with the surplus posted in the…
