billion » YNaija

Tag: billionTag: <span>billion</span>

Adebayo Emuleomo July 31, 2016

213bn,12,915… | The 5 numbers that mattered this week

12, 915 The number of ghost workers discovered on the payrolls of 23 local governments in Sokoto N218.7 million The amount recovered on behalf of companies and residents of the…

Mazi Emeka June 12, 2016

Monthly allocation: Lagos received N178bn while Ekiti got N50bn in one year (Full List)

In the last one year, the thirty-six states and 774 local government councils in Nigeria shared N2.8 trillion from the federation account. The two tiers of government received the payment…

Mazi Emeka June 6, 2016

This is what Nigeria loses daily to Niger Delta Avengers’ bombing of oil pipelines

Oil companies in the Niger Delta are losing a total of 140,000 barrels of crude daily - translating to a loss of $6.72m (about N1.3 billion)- due to the continued…

Mazi Emeka March 12, 2016

Nigeria’s security agencies shared N16.5bn for ‘2015 elections logistics’

In continuation of the anti-corruption crusade of President Muhammadu Buhari's administration, anti-graft investigators have discovered that N16.5 billion was allegedly released to the Nigeria Police, Nigerian Air Force, Nigerian Army…

January 2, 2014

Okey Ndibe: Nigerians yawn over ‘Sanusi’s missing billions’

by Okey Ndibe At any rate, whatever were his designs, Mr. Sanusi failed woefully. He found out, in the most humiliating way, that Nigerians don’t even wake up for $12…

November 15, 2013

Why Pastor Adeboye suspended work on RCCG’s ‘N20 billion 3-Kilometre auditorium’

by Chi Ibe The billion-naira auditorium is back in the news again. Nigeria's most revered pentecostal preacher, Enoch Adejare Adeboye had announced at e 61st Annual Convention of the Redeemed…

November 15, 2013

N11.5billion only! Guess who now has ‘the most expensive jet in Nigeria’ [Clue: It’s a former governor]

by Chi Ibe The good guys at soft-sell, Encomium Weekly, appear to have done the maths - and they have now declared the Nigerian with the most expensive private jet…

November 13, 2013

Gone, baby, gone: External reserves declined by 6.1% last quarter – CBN

by Chi Ibe A report by the Central Bank of Nigeria (CBN) has noted that Nigeria’s external reserves declined by 6.1% with trade balance reducing to 8.9 in the last…

September 25, 2013

#InCaseYouMissedIt: BlackBerry agrees to be acquired for $4.7billion

Fairfax Financial Holdings has agreed to acquire BlackBerry in a deal worth $4.7 billion, both companies announced Monday.The Toronto-based financial holdings conglomerate has agreed to pay $9 per share for the beleaguered…

March 4, 2013

N384 billion payout: 4 PHCN staff killed, 12 kidnapped, several injured – Labour

File photo Organised labour in the nation’s power sector weekend in Abuja, raised alarm that no fewer than four workers of the Power Holding Company of Nigeria, PHCN, have been…

January 30, 2013

#InCaseYouMissedIt: Nigeria spending N7 billion on intervention in Mali – President Jonathan

President Goodluck Jonathan hinted on Tuesday that Nigeria has committed $34 million (about N7 billion) on the immediate deployment of troops and logistics support to stop the activities of Islamic terrorists in…

October 4, 2012

TICKER: Wow! Facebook hits 1billion users

You know what's cooler than a million users? A billion users. And now Facebook has just that. Yep, the social network birthed in a Harvard dorm grew in eight short…

September 18, 2012

TICKER: Money Mill: Dangote Flour posts N2.61bn profit

Dangote Flour Mills has recorded a gross profit of N2.61 billion for the first quarter ended March 31, 2012. The foremost flour miller earned revenue of N13.80 billion in the…

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