Monetary

Private Sector Lost N5trn Assets To Hoodlums – NECA         The Nigerian Employers’ Consultative Association has estimated the loss of investment and assets by the organised...

Reps Approve N39.3bn For Ministry Of communications, Digital Economy         The Joint Senate and House of Representatives Committee on Communications, ICT and Cybercrimes have approved N39.3...

In Nine Months, Customs FOU Rakes In N17.5bn         The Federal Operations Unit (FOU) Zone ‘A’ of Nigeria Customs Service, NCS, has impounded 117 units of...

We Owe CBN More Than N4trn, Says AMCON         The Asset Management Corporation of Nigeria has said it owes the Central Bank of Nigeria more than...

House Panel Demands NNPC’s Response To Alleged $20.3bn Withdrawals         The House of Representatives has accused the Group Managing Director of the Nigerian National Petroleum Corporation,...

Banks’ Average Daily Deposit With CBN Drops To N48.32bn       The Central Bank of Nigeria (CBN) says the average daily deposit amount of N84.27 billion in...

Lagos, Others Get More N75bn MSMEs Fund Beneficiaries       Lagos, Kano and Abia States will produce more beneficiaries than any other state and the Federal Capital...

#EndSARS Protest Disruption Costs Economy N1.5trn       The economic cost of the #EndSARS protest disruption is estimated at N1.5tn, approximately 1.03 per cent of the GDP...

COVID-19: We Spent N3.5trn On Economic Growth - CBN       The Central Bank of Nigeria (CBN), says it has so far made a total of N3.5trillion...

2021 budget: Trade Minister Seeks N11.18bn For Industry         The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, on Thursday sought the approval of the...

Financial Services Can Attract $10bn Through Blockchain – NITDA       The financial services sector in Nigeria has the capacity to attract about $10bn to the nation’s...

NERC Fails To Explain N2bn Contract Proposal       The Chairman of the Nigerian Electricity Regulatory Commission, Prof. James Momoh, on Wednesday, failed to tell the House...

NCAA To Sanction Airlines Over N22bn Debts       Nigerian Civil Aviation Authority (NCAA) has concluded plans to embark on recovery of over N22 billion owed aviation...

Fed Govt Signs N105bn Afam Power Sale Pact Today       The signing ceremony for the sale of Afam Power Plant for N105bn to the preferred bidder...

FG Okays N87.5bn Contracts For Roads, Bridge       The Federal Executive Council on Wednesday approved N87.54bn for the construction of some roads in parts of the...

Operators Urge FG On Forex For N100bn Health Fund       Operators in the Nigerian pharmaceutical industry on Tuesday appealed to the Central Bank of Nigeria (CBN)...

N5bn Airline Fund Small, Operators Say       Shocks have trailed the Federal Government’s approval of N4 billion intervention fund for airlines as some operators said it...

Senate Tackles Lai Mohammed Over N250m Project       The Senate on Tuesday tackled the Minister of information, Lai Mohammed, over a controversial project fully funded by...

Local Airlines’ Debt Burden Hits N22bn       Minister of Aviation, Hadi Sirika, yesterday, disclosed that the local airlines’ total debt burden to regulatory agencies stood at...

Fed Govt Approves N5bn Bailout For Aviation Sector         The Federal Government has said it will soon commence the disbursement of the N5 billion bailout it...