Monetary

We’ll Raise Infrastructure Finance From N13trn Pension Funds, Others – CBN

We’ll Raise Infrastructure Finance From N13trn Pension Funds, Others – CBN     The Governor, Central Bank of Nigeria, Mr Godwin Emefiele, has said Nigeria plans to finance infrastructure projects with banking and pension monies. According to him, the Federal Government is seeking to reduce its external debts...

Buhari Inaugurates N348trn Devt Plan, Targets N298trn From Private Sector

Buhari Inaugurates N348trn Devt Plan, Targets N298trn From Private Sector   President Muhammadu Buhari says Nigeria requires an investment size of N348.1tn to achieve the targets set out in the National Development Plan 2021-2025. He also said a whopping 85.7per cent (N298.3tn) of this amount would come...

In Five Months, Shipping Council Saves N900.81m From Dispute Resolution

In Five Months, Shipping Council Saves N900.81m From Dispute Resolution   The Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ Council, Emmanuel Jime, has said the council saved N900.81m from 82 resolved disputes between shipping companies and shippers or freight forwarders in five months. He...

Tax Credit: NNPC Hands Over N621bn Cheque For 21 Roads

Tax Credit: NNPC Hands Over N621bn Cheque For 21 Roads     The federal government has expressed optimism that the tax credit scheme given to taxable companies to build road infrastructures would help to salvage the deteriorating state of the road network in the country as the...

Twitter Loses N499.32bn in Nigeria as Ban Hits 200 Days

Twitter Loses N499.32bn in Nigeria as Ban Hits 200 Days   Twitter has lost N499.32bn in Nigeria since its suspension by government on June 4, 2021. On June 4, the Federal Government announced the suspension of Twitter after the social media platform deleted a tweet by the...

W/Bank loans Nigeria $700m For Water Supply

W/Bank loans Nigeria $700m For Water Supply   The Federal Government has secured a $700m loan from the World Bank for specific water projects in the country, the Minister of Water Resources, Suleiman Adamu, has said. According to him, most of the problems associated with water supply...