Rahma Oladosu

Credit To Govt Rises By 8% To N24.6trn

Credit To Govt Rises By 8% To N24.6trn   Credit to the government rose month-on-month (MoM) by eight percent to N24.6 trillion in December 2022 from N22.6 trillion in November. Similarly, credit to the private sector rose MoM by 0.72 percent to...

Reps Approve N1trn Borrowing, Dump N22.7trn Loan Request

Reps Approve N1trn Borrowing, Dump N22.7trn Loan Request   The House of Representatives, on Tuesday, partly approved of the requests made by President Muhammadu Buhari on Ways and Means Advances from the Central Bank of Nigeria. While the House approved restructuring of...

Nigeria’s Public Debt Rises By 2.9% To N44.06trn In Q3, 2022

Nigeria’s Public Debt Rises By 2.9% To N44.06trn In Q3, 2022   Nigeria’s public debt stock stood at N44.06 trillion ($101.91 billion) in the third quarter of 2022 (Q3’22), which is 2.85 percent higher than the N42.84 trillion recorded in Q2’22. The...

Sufaye Investment Limited Launches New Website to Enhance Retail and Distribution of Beverages in Nigeria

Sufaye Investment Limited Launches New Website to Enhance Retail and Distribution of Beverages in Nigeria Kano, Nigeria - Sufaye Investment Limited, a leading retailer and distributor of all types of beverages in Nigeria, is proud to announce the launch of...

FG Lists N9.8bn Savings Bonds On NGX

FG Lists N9.8bn Savings Bonds On NGX   The Federal Government at the weekend listed 14 tranches of its Federal Government of Nigeria’s Savings Bonds (FGNSBs) worth N9.801 billion on the Nigerian Exchange (NGX), providing a secondary window for existing and...

CBN Approves N75.9bn Loan To Farmers In Two Months

CBN Approves N75.9bn Loan To Farmers In Two Months   The Central Bank of Nigeria (CBN) disbursed N75.9 billion loan to farmers between November and December 2021, under the Anchor Borrowers’ Programme (ABP). The fund was to support the cultivation of over...
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