Airlines, Others Generate N146bn In Nine Months As Aviation Industry Rebounds
The relaxation of travel restrictions occasioned by the COVID19 pandemic and increased economic activities during the year drove recovery in the aviation sector in the first nine months of 2021, a new report obtained...
FG Releases N16.7bn For Accrued Pension Rights
The Federal Government has released N16.67 billion for payment of accrued pension rights under the contributory pension scheme, the Director-General, National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar has said.
Mrs. Dahir-Umar, who made this known yesterday in a statement,...
Nigeria Loses $5bn To Gold Smuggling In Six Years
The Federal Government says Nigeria has lost $5bn to gold smuggling activities in six years.
The Minister of Mines and Steel Development, Dr Uche Ogar, who made the disclosure at the State House on Wednesday, said the...
CBN Disburses N108.65bn To Hospitals, Pharmaceutical Firms
The Central Bank of Nigeria has said it disbursed N108.65bn to hospitals and pharmaceutical industry in 18 months.
A CBN report said this was disclosed at the last Monetary Policy Committee meeting.
It said, “The bank has also cumulatively disbursed...
In Four Years, AMCON Gulped N654bn From 12 Banks As Sector Resolution Funds
With the growing assets due to business expansions, among other factors, Assets Management Corporation of Nigeria (AMCON) between 2020 and 2017 has collected N6654billion from 12 banks operating in the country.
The 12...
FG Trades N72.4bn Solid Minerals In Q3, 2021
The National Bureau of Statistics (NBS) has said Nigeria traded a total of N72.4 billion solid minerals in the third quarter (Q3) of 2021.
“The total value of solid minerals trade in Q3 2021 stood at N72.4 billion,”...
