FAAC: FG,States, LGAs share N467.807bn as allocation for April

By Etuka Sunday The Federation Account Allocation Committee ( FAAC) has approved for sharing to three tires of government, the sum of N467.807 billion as allocation for the month of April. The sum is higher compared to last month’s FAAC allocation figure of N429.129 billion. The Accountant General of Federation( AGF) Alhaji Ahmed Idris confirmed the More...

by Peoples Daily | Published 6 hours ago
By Peoples Daily On Wednesday, April 26th, 2017
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FOREX: CBN injects $246.2m for Wholesale, SMEs, Invisibles

Central Bank of Nigeria (CBN) By Etuka Sunday The Central Bank of Nigeria (CBN) yesterday offered the sum of $246.2 million to authorized dealers at the forex auction in the interbank wholesale window, Small and More...

By Peoples Daily On Wednesday, April 26th, 2017
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CBN sells $25m in new FX window for investors, exporters

CBN Governor, Godwin Emefiele …as dealers fail to subscribe fully to CBN’s $150m offer By Etuka Sunday The Central Bank of Nigeria (CBN) yesterday commenced interventions in the new Investors’ & Exporters’ More...

By Peoples Daily On Wednesday, April 26th, 2017
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How African countries are frustrating Nigeria airlines fulfilling BASA deals-Air Peace boss

Nigeria continuous show of big brother on the Africa continent is again receiving negative reciprocity from its so called neigbhours. In this bear it all interaction, Nigeria carrier, Air Peace Chairman, Mr. Allen More...

By Peoples Daily On Wednesday, April 26th, 2017
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Dangiwa: New agenda for FMBN to develop solid foundation for housing finance in Nigeria

The Managing Director of the Federal Mortgage Bank of Nigeria, FMBN, Architect. Ahmed Musa Dangiwa,said its new administration is set to take the bank to the new level by developing solid foundation for the housing More...

By Peoples Daily On Wednesday, April 26th, 2017
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Fashola urges CORBON to develop quality project in Nigeria

The Minister of Power, Works and Housing, Babatunde Fashola has urged members of the Council of Registered Builders of Nigeria (CORBON) to develop for implementation, effective strategies, framework and benchmarks More...

By Peoples Daily On Wednesday, April 26th, 2017
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Ibadan Disco commends Fashola on rehabilitation work on Lagos – Ibadan express way

By Mashe Umaru Gwamna The Ibadan Distribution Company (IBEDC), has commenced the Minister of Power, Works and Housing, Mr Babatunde Fashola SAN for the rehabilitation work being carried out at the Ibadan-Lagos express More...

By Peoples Daily On Wednesday, April 26th, 2017
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Housing cost rises as surveyors raise fees

The recent 300 per cent increase by in cost of service fee by the Nigerian Institution of Surveyors (NIS), Lagos State chapter, is raising lots of dust among other stakeholders in the built environment. While some More...

By Peoples Daily On Monday, April 24th, 2017
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CBN’s Sectoral Forex Strategy Stabilizes Naira

CBN Governor, Godwin Emefiele By Etuka Sunday Pragmatic initiatives taken by the central Bank of Nigeria (CBN) to commence sectoral foreign exchange interventions may have started yielding positive results by way More...

By Peoples Daily On Monday, April 24th, 2017
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…creates FX window for Investors, Exporters

By Etuka Sunday Two weeks after opening a special Forex window for Small and Medium Enterprises (SMEs) to enable SMEs import eligible finished and semi-finished items, the Central Bank of Nigeria (CBN) on Friday, More...