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Finance

MAN wants $1bn forex allocation for industrialists

The manufacturing industry requires the injection of about $1bn to galvanize activities in the sector and enable it to contribute significantly to the economy, the Manufacturers Association of Nigeria has said. The President, MAN, Dr. Frank Jacobs, who said this on Thursday, however, commended the Central Bank of Nigeria for its recent interventions in the …

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Nigeria saves $4.5m daily from PMS deregulation— FG

The Nigerian National Petroleum Corporation (NNPC) said from January 2016 till date, government lost 7 billion dollars (2.1 Trillion Naira) to the activities of militancy groups and oil pipeline vandals in the Niger Delta region. The Group Managing Director of NNPC, Dr Maikanti Baru, said this on Friday in Abuja at the 2016 Fiscal Liquidity Assessment Committee …

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Nigeria spent only half its budget through September, budget ministry says

Nigeria spent only a little more than half its budget for 2016 through September, even though the year is three-quarters over, the budget ministry said on Friday. However, the ministry also said it had faced unanticipated revenue shortfalls but did not give details on the shortfalls. At the end of September, the ministry said, 3.6 Trillion …

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Rosabon Customer Appreciation Party 2015! Thanks For Your Continuous Patronage

The Customer Appreciation Party/ RWIN Grand Draw took place last Saturday and it was awesome! It was an afternoon of fun as lots of customers showed up with their families and friends and there was lots of food, music and games and many went home with amazing cash prizes and awesome gift prizes. Here is …

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