Monetary

CBN Distributes Inputs Worth N820m To 3,102 Rice Farmers

CBN Distributes Inputs Worth N820m To 3,102 Rice Farmers       The Ekiti State Commissioner for Agriculture, Dr Olabide Adetoyi, said on Tuesday that farm inputs worth over N820m had been distributed to 3,102 rice farmers in the state under the Central Bank of Nigeria/Rice Farmers Association...

In Nine Months, Air Travellers Spent N40bn On Covid-19 Test

In Nine Months, Air Travellers Spent N40bn On Covid-19 Test       Inbound passengers who travelled into the country through the Murtala Muhammed International Airport (MMIA), Lagos and the Nnamdi Azikiwe International Airport, Abuja, were estimated to have spent about a total of N40.212 billion as payments...

‘Total Pension Assets’ll Hit N20trn By 2023’

'Total Pension Assets'll Hit N20trn By 2023'       Nigerian pension industry’s net assets is expected to hit the N20tn mark by 2023, recording an average growth of 18 per cent in the next three years leading to 2023, the insurance industry’s net assets, Augusto & Co,...

Unclaimed Dividends In Capital Market Now N170bn — SEC

Unclaimed Dividends In Capital Market Now N170bn — SEC     Unclaimed dividends in the Nigerian capital market rose to N170 billion as at December, 2020, said the Securities and Exchange Commission (SEC). The Director General (DG) of SEC, Mr Lamido Yuguda, stated this at the second post-Capital...

Fed Govt Earmarks N59bn For Rural Roads Development

Fed Govt Earmarks N59bn For Rural Roads Development       The Minister of State for Budget and National Planning, Clem Agba, has disclosed that a total of N34 billion has been set aside by the federal government for the development of rural roads, with additional N17 billion...

Six Banks Earn N14.2bn From Account Maintenance Fee

Six Banks Earn N14.2bn From Account Maintenance Fee       A breakdown of the half year unaudited financial statements of six banks that have their result to the Nigerian Exchange Limited has shown that they realized N14.2 billion, up from the N9.8bn from account maintenance fee. The amount...