DBN Donates N100m To Fight COVID-19      Development Bank of Nigeria Plc says it has donated N100m to COVID-19 fight. A statement said the bank is a development finance institution, established by the Federal Government in collaboration with global development partners to address the major financing challenges...

Investigate N5.4bn NDDC PPE Contract, Group Tells EFCC   A group, the Niger Delta Rights Advocate, has called on the Economic and Financial Crimes Commission to investigate over N5.4bn personal protection equipment and COVID-19 sensitisation contract awarded to a firm, Signora Concept Services Limited, by the...

N50bn CBN Loans To SMEs, Others End 2024     The Central Bank of Nigeria has set December 31, 2024 exit date for its intervention loans to the Small and Medium Enterprises and households aimed at cushioning the effects of coronavirus on businesses and the people. It also...

CBN’s N50bn COVID-19 Fund Disbursement Begins Thursday   Barring any last-minute change in plans, the disbursement of the first tranche of the Central Bank of Nigeria N50bn targeted credit facility would begin on Thursday. The fund, which is being managed by the NIRSAL Microfinance Bank, has received...

Customs Intercepted Contrabands Worth N1. 177bn In Q1, 2020   The Nigeria Customs Service (NCS), Ogun Area Command I, has disclosed that it intercepted contrabands with Duty Paid Values (DPV) worth about N1. 177billion in the first quarter of this year. The total DPV of seizures made...

Private Sector COVID-19 Support Fund Now N25.893bn   The Private Sector Coalition Against COVID-19, a special purpose vehicle created by the Central Bank of Nigeria (CBN) to mobilise private sector funds to support the fight against the COVID-19 pandemic, has raised N25,893,699,791. The update of contributors as...