Oil And Gas Trade Zone Attracts $16.6bn Foreign Investments In 20 Years         The Oil and Gas Free Trade Zones Authority has attracted the sum of $16.6bn foreign direct investment into the economy within a 20-year period spanning 2001 to 2020. During the same period, the Authority...

SEC Remits N1.5bn To FG, Assures Of Profitability In Two Years         Following comments attributed to the Nigerian Senate that the Securities and Exchange Commission (SEC) was gradually becoming insolvent and could go bankrupt very soon, Director-General, of the SEC, Mr. Lamido Yuguda has disclosed that...

COVID-19 Loans: CBN Receives Over 8million Applications, Disburses N400bn       The Central Bank of Nigeria has disclosed that it has received over eight million applications from Nigerians for its COVID-19 Targeted Credit Facility to help households and businesses. CBN’s Director, Corporate Communications Department, Mr Osita Nwanisiobi, disclosed...

NSIA Assets Grew By 250% To $3.5bn In Six Years - Finance Minister       The Minister of Finance, Budget and National Planning, Zainab Ahmed, has revealed that the assets of the Nigeria Sovereign Investment Authority (NSIA) increased from $1 billion in 2015, to $3.5 billion in...

EFCC Working With Customs To Recover N10.6bn – Reps       The House of Representatives Committee on Customs said on Wednesday that it was working with the Economic and Financial Crimes Commission and others to recover the N10.6bn customs and excise duties collected by five commercial banks. The...

FEC Okays N89.6bn For Road, Aviation Projects       The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved about N89.6bn worth of contracts under the Ministries of Works and Housing and Aviation. It also okayed the Draft National Policy on the over 2.3...