NIRSAL aggregates 3,000 cooperatives, Facilitates N30b Agric Credits The Managing Director/Chief Executive Officer of the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc.), Mr. Aliyu Abdulhameed has said the company has aggregated over three thousand (3000) agro geo-cooperatives...

Like MMM, Like Cryptocurrency By Joy Nguri On Friday, 5th February, 2021, the CBN pronounced the ban on cryptocurrency operation in any form in the Nigeria’s financial system as illegal, and banned it. It could be recalled that the CBN had...

Court Strikes Out Case Against CBN’s Directives on Bank Charges The Federal High Court sitting in Abeokuta, Ogun State Capital, has dismissed a suit instituted by a legal practitioner, Olumide Babalola, challenging the Central Bank of Nigeria (CBN) policy on...

External Debts: States Groan under N6.45bn deductions from FAAC The Thirty six(36) states of the federation suffered a whopping N6.45 billion deductions from their allocations as part of external debt from the November 2020 Federation account allocation. Lagos State, the highest...

NNPC Records N13.43bn Trading Surplus for November The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦13.43billion for the month of November 2020 up by 54% when compared to the ₦8.71billion surplus recorded in October 2020. This is...

$43b oil theft Linked to Land Terminals The Department of Petroleum Resources (DPR) has said that Nigeria’s persistent crude oil loss has been linked to land terminals, saying that oil theft across offshore terminals are quite difficult. Between 2009 and 2018,...