CBN Prints N176.9bn Banknotes In 4 Years
CBN Prints N176.9bn Banknotes In 4 Years
The Central Bank of Nigeria has said a sum of N176.9bn was spent to print banknotes between 2015...
CBN Destroys N1.89trn Fake, Mutilated Naira Notes
CBN Destroys N1.89trn Fake, Mutilated Naira Notes
The Central Bank of Nigeria says it destroyed unfit Naira currency notes worth N1.89trn in two years, 2017...
AMCON’s Debt May Hit N6.6trn By 2024
AMCON’s Debt May Hit N6.6trn By 2024
The debt of the Asset Management Corporation of Nigeria (AMCON) may rise from the current value of N5trn...
Miners Blame BoI For Not Disbursing N2.5bn Mining Grant
Miners Blame BoI For Not Disbursing N2.5bn Mining Grant
The Miners Association of Nigeria has blamed the Bank of Industry for the failure to disburse...
PFAs Invests N1.03trn Pension Funds In Banks
PFAs Invests N1.03trn Pension Funds In Banks
The Pension Funds Administrators increased the pension funds invested in the banking sector to N1.03tn as of the...
Customs Port Harcourt Command Rakes In N81.2bn Revenue
Customs Port Harcourt Command Rakes In N81.2bn Revenue
The Nigeria Customs Service (NCS) Area II Command, Onne Port, has announced that it generated a total...
CBN’s Support To Power Sector Now N1.695trn
CBN’s Support To Power Sector Now N1.695trn
The financial support provided by the Central Bank of Nigeria (CBN) to Nigeria’s power sector is set to...
AMCON Charged On Recovery Of N5trn Debt
AMCON Charged On Recovery Of N5trn Debt
The Minister of Finance, Mrs Zainab Shamsuna Ahmed has charged the Asset Management Corporation of Nigeria (AMCON) to...
FG Proposes N536.7bn For Pension, Others In 2020
FG Proposes N536.7bn For Pension, Others In 2020
The federal government has proposed a total of N536,717,450,121 for settlement of pensions, gratuities and retirement benefits...
FG, IOCs Commence Talks On $62bn Dispute
FG, IOCs Commence Talks On $62bn Dispute
The Federal Government has commenced preliminary talks with international oil companies in a bid to settle a dispute...
Banks Record N49.4trn Online Transactions
Banks Record N49.4trn Online Transactions
Increase in alternative digital payment platforms has reduced the number of visits to banking halls as indicated by the reduced...
FG To Refund Yola Disco Investors N26.9bn
FG To Refund Yola Disco Investors N26.9bn
The Federal Government is planning to refund the core investors in Yola Electricity Distribution Company the sum of...
Nigeria Can Make $292bn From Iron Ore, Lead – NIMMME
Nigeria Can Make $292bn From Iron Ore, Lead - NIMMME
The Nigerian Institution of Metallurgical, Mining and Materials Engineers on Thursday said available reserves of...
FG, China Sign $3.9bn Contract For Abuja-Itakpe-Warri Rail
FG, China Sign $3.9bn Contract For Abuja-Itakpe-Warri Rail
The Federal Government has signed a $3.9bn contract with the China Railway Construction Corporation Limited for the...
CAC Settles N1.2bn Salary, Pension Arrears
CAC Settles N1.2bn Salary, Pension Arrears
The acting Registrar-General, Corporate Affairs Commission (CAC), Lady Azuka Azinge, Wednesday said a nine per cent staff salary increment...
In Nine Months, Power Sector Loses N472bn
In Nine Months, Power Sector Loses N472bn
The Nigerian electricity supply industry lost a sum of N472.23bn between January and September this year, according to...
Nigeria Seeks To Recover $62bn From IOCs As Unpaid Profits
Nigeria Seeks To Recover $62bn From IOCs As Unpaid Profits
Nigeria is seeking to recover as much as $62bn from international oil companies, using a...
Prolonged Low Rates Pose $19trn Default Risk Globally – IMF
Prolonged Low Rates Pose $19trn Default Risk Globally - IMF
The International Monetary Fund (IMF), has warned that while low rates are desirable for growth,...
Only N95m Disbursed From N2.5bn Minerals Fund, Minister Says
Only N95m Disbursed From N2.5bn Minerals Fund, Minister Says
Only a sum of N95m has been disbursed from the N2.5bn Solid Minerals Development Fund, which...
CBN Defends Naira With $8.28bn Forex Sales
CBN Defends Naira With $8.28bn Forex Sales
THE Central Bank of Nigeria (CBN) defended the naira with $8.28bn through its direct intervention within the first...
