FG, States, LGCs Share N990.189bn In Dec 2022   The Federation Account Allocation Committee (FAAC), at its first meeting for year 2023 shared a total of N990.189 billion to the three tiers of government, as Federation Allocation for the month of...

OPEC Says Nigeria’s Oil Output Rises By 4% To 1.235 mb/d   Nigeria’s oil output rose by four per cent month-on-month, MoM, to 1.235 million barrels per day, mb/d in December 2022, from 1.186 mb/d in November 2022. On Year-on-Year, YoY performance,...

Despite Liquidity Squeeze, CBN Raises N4.74trn From Treasury Bills   Despite liquidity squeeze in the economy, the Central Bank of Nigeria (CBN) raised a total of N4.74trillion via Nigerian Treasury Bills (NTB) in 2022, representing a decline of 21.64 per cent...

OSSAP-SDGs Delivers 120 BED Mother & Child Hospital To Kaduna   The Office of the Senior Special Assistant to the President on Sustainable Development Goals, OSSAP-SDGs, has handed over a fully equipped 120-Bed Mother and Child Hospital to Kaduna State Government. The...

Breeding More Donkeys In Nigeria, by Salisu Na'inna Dambatta   The Federal Ministry of Agriculture and Rural Development (FMARD) has factored the breeding of more donkeys in the National Agricultrural Technology and Innovation Policy (NATIP). The purpose is to prevent their...

Bank Borrowing From CBN Rises By 260% To N21.87trn   Deposit Money Banks borrowed the sum of N21.87tn from the Central Bank of Nigeria via the Standing Lending Facility window and Repurchase Lending platform in 2020, according to the CBN financial...