25 C
Abuja
Friday, August 7, 2020

CACOVID Shares N23bn Palliatives To 10m Nigerians

CACOVID Shares N23bn Palliatives To 10m Nigerians     Nigeria’s private sector led Coalition Against COVID-19 (CACOVID) yesterday announced the flag-off of a nationwide distribution of multi-billion...

Total Loans To Businesses Hit N18.9trn In One Year

Total Loans To Businesses Hit N18.9trn In One Year   Total gross credit for various transactions in Nigeria rose by N3.33 trillion from N15.56 trillion at...

In 13 Months, Nigerians Spent N2.37trn On petrol – NNPC

In 13 Months, Nigerians Spent N2.37trn On petrol – NNPC   In 13 months, Nigerians spent N2.37tn on petrol imported into the country by the Nigerian...

Operators Invest N55.25bn Pension Funds In Infrastructure

Operators Invest N55.25bn Pension Funds In Infrastructure   The Pension Funds Administrators have invested N55.25bn under the Contributory Pension Scheme in infrastructure as of the end...
dollars

Nigeria Benefits From $1.87m COVID-19 Impact Support

Nigeria Benefits From $1.87m COVID-19 Impact Support     Nigeria is one of 12 countries across Europe, Middle East and Africa (EMEA) receiving a share of a...

Experts Support FG, W/Bank On DisCos’ Audit Before $500m Loan

Experts Support FG, W/Bank On DisCos’ Audit Before $500m Loan   Experts in the Nigerian Electricity Supply Industry (NESI) have backed the plan of the federal...

PFAs Invested N7.2trn In Government Securities

PFAs Invested N7.2trn In Government Securities     The Pension Funds Administrators invested N7.2tn of the total assets under the Contributory Pension Scheme in the Federal Government’s...

Credit To Economy Rises By 6.3% To N38trn

Credit To Economy Rises By 6.3% To N38trn     Credit to the economy rose by 6.3 percent to N38 trillion in the first half of the...

CBN Disburses N152.9bn For 61 Manufacturing Projects

CBN Disburses N152.9bn For 61 Manufacturing Projects     The Central Bank of Nigeria has disbursed N152.9bn for 61 manufacturing projects under parts of its intervention funds. The...

Reps Summon NNPC, NAPIMS, Others Over $16.5m Debt

Reps Summon NNPC, NAPIMS, Others Over $16.5m Debt     The Nigeria National Petroleum Corporation (NNPC) and multi-national oil company, Agip, yesterday failed to appear before the...

NIRSAL Facilitates N105bn Financing To Boost Agric Sector

NIRSAL Facilitates N105bn Financing To Boost Agric Sector     The Managing Director/Chief Executive, Nigeria Incentive-Based Risk Sharing System Plc (NIRSAL) Mr. Aliyu Abdulhameed, has said the...

FEC Okays N8.6bn To Begin Siemens Power Project

FEC Okays N8.6bn To Begin Siemens Power Project     The Federal Executive Council (FEC) has endorsed the President’s approval to release €15.21 million (N6.94 billion) offshore...

House Summons Emefiele, PenCom Boss, Others Over N300bn Funds

House Summons Emefiele, PenCom Boss, Others Over N300bn Funds     The House of Representatives has summoned Governor of Central Bank of Nigeria, Godwin Emefiele; Director-General, National...
AGF Ahmed Idris

We Saved N21bn Through IPPIS, Says Fed Govt

We Saved N21bn Through IPPIS, Says Fed Govt     The Federal Government on Tuesday announced that it saved N21bn by implementing the Integrated Personnel Payroll Information...

Switzerland, Netherlands To Repatriate $200m Malabu Deal Cash – Malami

Switzerland, Netherlands To Repatriate $200m Malabu Deal Cash – Malami     Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami Nigeria is awaiting the...

Fed Govt Pays N9.2bn Premium To 13 Insurance Firms

Fed Govt Pays N9.2bn Premium To 13 Insurance Firms   The Minister of Labour and Employment, Dr Chris Ngige, says the Federal Government has paid N9.2bn...

AfDB Okays $27m To Boost AU’s COVID-19 Response Initiative

AfDB Okays $27m To Boost AU’s COVID-19 Response Initiative     The African Development Bank (AfDB), has approved about $27.4 million in grants to boost the African...

CRR: CBN Holds N900bn Customers’ Deposits With Banks

CRR: CBN Holds N900bn Customers’ Deposits With Banks     The Central Bank of Nigeria (CBN) has been holding on to N900 billion of lenders’ deposits as...

Gold Mining Initiative To Earn Nigeria N261.9bn Annually – Adegbite

Gold Mining Initiative To Earn Nigeria N261.9bn Annually - Adegbite     The Minister of Mines and Steel Development, Arc. Olamilekan Adegbite, has said the Presidential Artisanal...

FG Pays N15.8bn Insurance Cover For Health Workers

FG Pays N15.8bn Insurance Cover For Health Workers     The Federal Government has paid N15.8 billion to insurance cover for hazard and inducement allowances, for doctors...
Live Covid-19