NIN: NIMC Targets Children for Enrolment   The Lamido of Adamawa, His Royal Highness, Alhaji Muhammadu Barkindo Aliyu Mustafa, has commended the management of the National Identity Management Commission (NIMC) over its successes in the registration of Nigerians for the National...

CBN Loan To Manufacturer, Power Firms Soars To N5.6trn   The Central Bank of Nigeria (CBN) intervention in the power, manufacturing and aviation sectors have risen to N5.6tn in three years. The soft loans were advanced amid the continued and varied challenges...

In 7 Days, Stock Investors Lose N150bn   Investors on the Nigerian Exchange Limited, suffered N150bn loss last week as bears dominated trading, halting consecutive weeks of upward movement. The dip was attributed to sell-offs and profit-taking in high-priced and blue-chip stocks. The...

Daily Petrol Consumption Drops To 52m Litres   Average daily consumption of premium motor spirit (petrol) in Nigeria has dropped from 64,964,000 per day recorded on June 30, 2023 to 52 million. Daily truck out as at August 14 stands at 1,306...

CBN Releases N38bn Loans To Mortgage Banks   The Central Bank of Nigeria (CBN) disbursed loans and advances worth N37.6bn to mortgage banks in 2022; the audited financial statement of the apex bank has shown. The mortgage banks that received the loans...

Naira Redesign, Others Gulped N74bn In 2022, Says CBN   It cost the Central Bank of Nigeria (CBN) and its subsidiary about N74.84bn to produce and roll out currencies, including new naira notes, in 2022. Despite the scarcity of naira that plagued...