COVID-19: CBN Okays N10bn For Healthcare Loans     The Central Bank of Nigeria (CBN) has approved N10 billion aggregate loan request by pharmaceuticals and other health care organizations from its earlier announced N100 billion facility to enable the entities produce items to fight the COVID-19 pandemic...

Customs Impound Indian Hemp Worth N1bn   The Nigerian Customs Service, Western Marine Command, says it seized various contraband goods worth N1.06bn in the first quarter of 2020. The largest chunk of goods seized by the command within the quarter was the haul of Indian hemp worth...

Nigeria Loses N125bn Oil Revenue To COVID-19      Nigeria’s oil revenue target fell by N125.52 billion in the first quarter (Q1, 2020) to N940.91 billion, according to figures released yesterday by Minister of Finance, Mrs. Zainab Ahmed. The shortfall, attributed to the double whammy of the headwind...

Contractors Continue Agric Ministry Picketing Over N17bn Debt   Aggrieved contractors owed over N17bn by the Federal Ministry of Agriculture and Rural Development are mobilising to stop the FMARD’s minister from gaining entry into his office again on Friday (today). About 50 members of the Concerned Unpaid...

Global Fiscal Support To Fight COVID-19 Pandemic Hits $9trn - IMF   The global governments support for the war against COVID-19 now stands at a about $9 trillion, $1 trillion more than the figure it released just over a month ago, the International Monetary Fund (IMF)...

Customs Get Approval To Spend N623.7m On Computers     The Federal Executive Council on Wednesday approved N623.7m for the Nigeria Customs Service to buy computers for its zonal and area commands. The council also approved N2.92bn for the construction of the Nigerian Oil and Gas Parks Scheme...