Monetary

$50bn Investments Lost In 10yrs Without Oil Sector Law, Says Buhari

$50bn Investments Lost In 10yrs Without Oil Sector Law, Says Buhari       Nigeria lost investments worth at least $50billion due to delayed passage of the Petroleum Industry Bill (PIB) in the last 10 years, President Muhammadu Buhari said yesterday. He spoke at Aso Villa yesterday at a...

FEC Okays N21bn For Aviation, Education, Others

FEC Okays N21bn For Aviation, Education, Others       The Federal Executive Council on Wednesday approved N21,107,212,510, for various projects in the education and aviation ministries as well as a few other federal agencies. The approvals were made at a meeting of the council presided over by President...

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...