Monetary

FG Will Complete $1.6bn Lagos-Ibadan Railway December – Amaechi

FG Will Complete $1.6bn Lagos-Ibadan Railway December – Amaechi       The $1.6bn Lagos-Ibadan railway project will be completed in December this year or early January 2021, the Minister of Transportation, Rotimi Amaechi, announced on Thursday. Amaechi, who disclosed this during a live television programme that also had...

Nigeria’s Exports Hit $6.99bn As Experts Strategise To Boost Trade

Nigeria’s Exports Hit $6.99bn As Experts Strategise To Boost Trade       Nigeria’s export value to African countries, pushed beyond $6.99 billion in 2018, while the rest of the world totalled $45.92 billion during the same period. The Chief Executive/Executive Director, Nigeria Export Promotion Council (NEPC), Segun Awolowo,...

First Bank Disburses N17bn Loans Via e-platform

First Bank Disburses N17bn Loans Via e-platform     First Bank of Nigeria Limited has said it disbursed over N17bn loans to individuals across the country through digital solutions. The bank said this in a statement on Wednesday entitled ‘First Bank reinforces its financial inclusion drive; disburses over...

N700bn Recovered Through Whistleblowers In 4 Years – Fed Govt

N700bn Recovered Through Whistleblowers In 4 Years - Fed Govt         Assets and cash worth more than N700bn have been recovered through the whistleblower policy of the Federal Government, the Minister of Finance, Budget and National Planning, Zainab Ahmed, said on Tuesday. In 2016 the Federal Government...

Pension: 4,668 Job Losers Withdraw N2.56bn In Three Months

Pension: 4,668 Job Losers Withdraw N2.56bn In Three Months       A total of 4,668 workers who lost their jobs and could not get another after four months withdrew N2.56bn from their Retirement Savings Accounts during the second quarter of 2020. The National Pension Commission disclosed this in...

Nigeria At 60: FG To Disburse N300m MSMEs Survival Fund

Nigeria At 60: FG To Disburse N300m MSMEs Survival Fund       Government has concluded arrangements to share about N300million under the National Medium, Small and Micro Enterprises (MSMEs) Survival Funds scheme to about 333,000 artisans and transporters, as part of measures to commemorate Nigeria’s 60th Independence...