AMCON Charged On Recovery Of N5trn Debt   The Minister of Finance, Mrs Zainab Shamsuna Ahmed has charged the Asset Management Corporation of Nigeria (AMCON) to do everything with the powers of its newly amended Act to recover the huge debt owed the corporation by a...

FG Proposes N536.7bn For Pension, Others In 2020     The federal government has proposed a total of N536,717,450,121 for settlement of pensions, gratuities and retirement benefits of retired and serving workforce in the 2020 Appropriation Bill the President Muhammadu Buhari presented to the National Assembly last...

FG, IOCs Commence Talks On $62bn Dispute   The Federal Government has commenced preliminary talks with international oil companies in a bid to settle a dispute over oil revenue. Last week, it was reported that Nigeria was seeking to recover as much as $62bn from the IOCs,...

Banks Record N49.4trn Online Transactions   Increase in alternative digital payment platforms has reduced the number of visits to banking halls as indicated by the reduced number of payments made by cheques in the first half of the year. The volume of cheques cleared by Nigerian banks...

FG To Refund Yola Disco Investors N26.9bn   The Federal Government is planning to refund the core investors in Yola Electricity Distribution Company the sum of N26.9bn. The refund is expected to be made in the 2020 fiscal year. The N26.9bn is part of the amount captured under...

Nigeria Can Make $292bn From Iron Ore, Lead - NIMMME     The Nigerian Institution of Metallurgical, Mining and Materials Engineers on Thursday said available reserves of iron ore and lead in the country could generate about $292bn. Chairman of NIMMME, Ayodeji Adeyemo, who spoke during his investiture...