Monetary

$1bn Leather Industry Can Boost Nigeria’s Earnings – Osinbajo

$1bn Leather Industry Can Boost Nigeria's Earnings - Osinbajo       The leather market, with its projected $1 billion earnings by 2025, has the potential to improve the nation’s foreign exchange earnings, boost growth and provide employment for young Nigerians. Vice President Yemi Osinbajo made this known during...

NCC Earns N150bn From Spectrum License Fees In Five Months

NCC Earns N150bn From Spectrum License Fees In Five Months         The Nigerian Communications Commission (NCC) has generated N150 billion Spectrum revenue for the Federal Government between January and May 2021. The revenue exceeded the commission’s N36 billion projected revenue from spectrum licence fees for 2021. According to...

Senate Summons Ex-NSITF Bosses Over Alleged N84bn Embezzlement

Senate Summons Ex-NSITF Bosses Over Alleged N84bn Embezzlement       The Senate has summoned former managing directors of the Nigeria Social Insurance Trust Fund ( NSITF) over alleged missing financial documents in the agency. The former NSITF bosses are expected to appear before the Senate Public Accounts Committee...

Unity Bank Earmarks Over N30m To Empower NYSC Members

Unity Bank Earmarks Over N30m To Empower NYSC Members       Nigerian lender, Unity Bank Plc has committed over N30 million to empower National Youth Service Corps (NYSC) members through the Bank’s flagship Youth entrepreneurship development initiative known as Unity Bank Corpreneurship Challenge. The sum includes N4 million...

NCDMB, NEXIM Raise $40m Fund For Women In Oil Sector

NCDMB, NEXIM Raise $40m Fund For Women In Oil Sector     Qualified women entrepreneurs in the Nigerian oil and gas industry can now benefit from the $40m Women in Oil and Gas Intervention Fund deployed by the Nigerian Content Development and Monitoring Board and Nigerian Export-Import...

Reps Query NECO For Unremitted N636.7m In 2019

Reps Query NECO For Unremitted N636.7m In 2019       House of Representatives Committee on Finance, yesterday queried the National Examinations Council (NECO) for failing to remit the sum N636, 778, 000 in 2019. The Committee which grilled the Acting Registrar of NECO, Ebikibina Ogborodi, and other top...