Monetary

CBN Disburses N333.2bn For South-South Projects

CBN Disburses N333.2bn For South-South Projects       The Central Bank of Nigeria has disbursed N333.2bn for various projects in the South-South region to provide funding for activities in different economic sectors. The Governor, Central Bank of Nigeria, Godwin Emefiele, disclosed this on Thursday in Port-Harcourt at the...

Plant Protection Bill To Generate $2bn – NESG

Plant Protection Bill To Generate $2bn – NESG       The Nigerian Economic Summit Group on Thursday said the implementation of the Plant Variety Protection Bill, which was recently signed into law, would help Nigeria to generate over $2bn from seeds export. It applauded the Federal Government for...

W/Bank To Boost Water Supply In Nigeria With $700m

W/Bank To Boost Water Supply In Nigeria With $700m     The World Bank has approved the Nigeria Sustainable Urban and Rural Water Supply, Sanitation, and Hygiene (SURWASH) Programme , which will provide $700m credit from the International Development Association to ensure that six million people can...

Contributory Pension Assets Rise To N12.4trn

Contributory Pension Assets Rise To N12.4trn       The total assets under the Contributory Pension Scheme rose to N12.4tn as of the end of April, according to the latest data obtained from the National Pension Commission on Wednesday. PenCom, in its unaudited report on the pension funds industry...

N97.5bn Healthcare Intervention Funds Disbursed – CBN

N97.5bn Healthcare Intervention Funds Disbursed - CBN       The Central Bank of Nigeria says it has disbursed N97.4bn out of the N100bn credit intervention for the healthcare industry. The CBN disclosed this in the communique issued after the Monetary Policy Committee meeting on Tuesday. It said the intervention...

Customs Recover N426m Unremitted Revenue From Importers

Customs Recover N426m Unremitted Revenue From Importers       The Nigeria Customs Service (NCS) has recovered N426 million revenue that was not remitted by some importers at the Lagos Port Complex. The Coordinator of the Strike Force of the Comptroller General, Deputy Comptroller, Ahmadu Shuaibu, who stated this...