Monetary

TETFund Okays N6.3bn For 217 Research Proposals     The Tertiary Education Trust Fund (TETFund) says N6,396,159,060.00 has been approved for 217 research proposals recommended by the...

$16.2bn Loan: NASS Gets $62m For Solar Power Project   The National Assembly will benefit $62.1m from the $16.2bn which the regime of President Muhammadu Buhari...

Malami Named In $139m Bank Transfers, Reps Fault Process     The House of Representatives’ Ad Hoc Committee on Assessment and Status of All Recovered Loots Movable...

W/Bank Demands Debt Transparency, Says Nigeria, Others Need $429bn   The World Bank has demanded debt transparency as a crucial step in countries’ development process, while...

FG To Mandate Ownership Disclosure Of Oil Assets To Curb $1trn Losses   The Federal Government, through the recently established Nigerian Upstream Petroleum Regulatory Commission (NUPRC)...

Senate Panel Queries Spending Of Ministry’s N177m IGR, Suspends Defence   The Senate Committee on Trade and Investment on Monday suspended the budget defence of the...

Nigeria Recieves $400,000 Grant From Afreximbank For Pharmaceutical Production   The African Export-Import Bank has awarded $400,000 in grant funding to the National Institute for Pharmaceutical...

NCC Targets N632bn Revenue From 5G Spectrum Sales     The Executive Vice Chairman of the National Communication Commission, Prof. Umar Danbatta, has again assured Nigerians of...

Lagos Tops As States Half Year IGR Reaches N849.12bn   The 36 states of the federation and Federal Capital Territory recorded a combined Internationally Generated Revenue...

In 30 Days, Apapa Customs Records N86bn Revenue     The Apapa Area Command of the Nigerian Customs Service (NCS), says it has collected a total of...

Banks, Insurance Firms To Generate N22.6bn From MDAs   Deposit Money Banks and insurance companies are expected to rake in the sum of N22.6bn in bank...

Customs Target N2trn Annual Revenue   The Nigeria Customs Services is planning to generate N2tn this year and about N1.6tn of this amount is expected to...

JAMB Remits N3.51bn 2021 Operating Surplus     The Joint Admissions and Matriculation Board(JAMB) has remitted the sum of N3.51 billion to the national treasury as part...

Nigeria Air: FG Disburses N6.25bn On Consultancy, Advisers     The controversial national carrier, Nigeria Air, may see the light of the day before the current administration...

MAMA Centre Secures N500, 000 FG-CBN Covid-19 facility For Dozens Rightholders   The Mothers And Marginalised Advocacy Centre (MAMA Centre) has secured N500,000 worth Federal Government(FG)/Central...

TETFund Targets N10bn Research Grant In 2022   The Tertiary Education Trust Fund is working hard to ensure that the annual allocation to the National Research...

$10bn Gas Project: Senate Probes Italian Firm Over Local Content Law   The leadership of the Senate has directed its Committee on Local Content to immediately...

Banks’ Borrowing From CBN Rises By 74% To N901bn   The scarcity of funds (liquidity) in the interbank money market has compelled banks to rely more...

Contributory Pension Assets Rise To N12.9trn - PenCom     Assets under the Contributory Pension Scheme rose by N120bn in August, data obtained from the National Pension...

Nigeria Loses $1bn Annually To Gas Flare Data Falsification   Nigeria is losing about $I billion revenue annually to falsification of gas flare data by Multinational...