Monetary

NNPC, Shell, Total Generate N21bn To Fight COVID-19

NNPC, Shell, Total Generate N21bn To Fight COVID-19         The Nigeria National Petroleum Corporation in collaboration with Shell Petroleum Development Company and Total Petroleum Company have said they generated $30m since the beginning of COVID-19, amounting to N21bn to help fight COVID-19 in the country. The Director...

NASS To Probe N48bn Abandoned Scanner At Apapa Port

NASS To Probe N48bn Abandoned Scanner At Apapa Port       The National Assembly may be on its way to open investigations on the three calibre mobile scanning machines belonging to the Nigeria Customs Service, NCS, worth USD120 million (approximately N48 billion) currently rotting away at the...

FG Okays N39.7bn For Roads, Erosion, Incinerators’ Contracts

FG Okays N39.7bn For Roads, Erosion, Incinerators’ Contracts       The Federal Executive Council on Wednesday approved contracts for different projects totaling about N39.7bn. The contracts include those of road construction, erosion control and purchase of incinerators for hospitals and the offices of the National Centre for Disease...

Customs Seize Goods Worth N67.1m In Katsina

Customs Seize Goods Worth N67.1m In Katsina         The Comptroller-General of Customs (CGC), Strike Force Team, Zone B, has confiscated goods worth over N67 million smuggled into the country through Katsina State borders in the past 40 days. The Team Coordinator, Deputy Comptroller Olorukoba Oseini-Aliyu, disclosed this...

AfDB Approves $25bn For Agric Development In Nigeria, 4 Other African Countries

AfDB Approves $25bn For Agric Development In Nigeria, 4 Other African Countries         The African Development Bank Group (AfDB) has approved the investment of $25 billion to develop agriculture in Nigeria and four other African countries. President, AfDB, Dr. Akinwumi Adesina, disclosed this at a virtual conference...

101,567 Beneficiaries Received N3.18bn COVID-19 Survival Fund – FG

101,567 Beneficiaries Received N3.18bn COVID-19 Survival Fund – FG         The Federal Government on Tuesday announced that 101,567 beneficiaries have been paid a total of N3.18bn under its COVID-19 Survival Fund scheme. Minister of State for Industry, Trade and Investment, Mariam Katagum, who disclosed this in Abuja,...