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       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       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...

Fed Govt Generates N864.71bn CIT In Six Months       The National Bureau of Statistics (NBS) yesterday said the Federal Government raked in a total of N864.7 billion Company Income Tax (CIT) in the first six months of 2021. The Economic Confidential learnt from the “Company Income Tax...

Ogoni Oil Spill : Ten Years After Judgment, Shell Agrees To Pay N45.9bn       The people of Ogoni in Rivers State got justice on Wednesday as the multinational oil company, Shell Petroleum Company, agreed to pay N45.9bn for the losses suffered as a result of oil...

FG Approves $2.5m, N498.2m For Four Power Projects     The federal government has approved a total sum of $2.54 million and N498.23 million for four power projects across the country. This is just as it also okay the interim report on greenhouse emission reduction for the nation. Minister...