Monetary

Trade Ministry Seeks Amendment To PIA, Targets N1bn Revenue       There are indications that the the Federal Ministry of Industry, Trade and Investment has put machinery...

Ibadan Disco Laments N8.5bn MDAs Debt       Ibadan Electricity Distribution Company Plc has said it is owed over N8.5bn by ministries, departments and agencies of government. IBEDC,...

FRC, FRSC Boss In Counterclaims Over N5.1bn Remission To Federation Account       The Fiscal Responsibility Commission has alleged that the Federal Road Safety Corps is yet...

FG Spends N400bn Yearly On Social Investments – SGF       The Federal Government is spending over N400bn annually on social investment programmes in its bid to...

Reps, Customs Disagree Over N1.3trn Revenue Projection       The House of Representatives’ Committee on Finance has dismissed a revenue of N1.3tn projected by the Nigeria Customs...

Nigeria Entitled To $3.35bn In Fresh IMF Rights Allocation       The Managing Director of the International Monetary Fund, Ms Kristalina Georgieva, has said that the organisation...

Nigerians In Diaspora Remit $65.34bn In Three Years       The Nigerian Diaspora population remitted $65.34bn in three years to boost economic activities in the country, data...

Local Aviation Loses N11.6bn Annually To Poor Ground Handling Rates       Perennial underpricing and poor rates in the ground handling sub-sector of aviation yearly is costing...

MDAs Couldn’t Account For N4.97trn In 2019 - Auditor-general       The Auditor-General of the Federation, Adolphus Aghughu, has said ministries, departments and agencies of the Federal...

#EndSARS: Nigerian Insurers Settled N5.4bn Claims       Nigeria Insurers Association has said that the insurance firms have paid over N5.4bn in claims settlement arising from #EndSARS...

$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...

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...

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...

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...

'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...

Unclaimed Dividends In Capital Market Now N170bn — SEC     Unclaimed dividends in the Nigerian capital market rose to N170 billion as at December, 2020, said...

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...

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...

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...

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...