Commercial Agriculture Credit Intervention Now At N360.5bn
The Central Bank of Nigeria (CBN) has put the total value of its intervention under its Commercial Agriculture Credit Scheme (CACS) since inception in 2009, at N360.5 billion.
It also revealed that at the end of July, 2019, N15.3...
GDP Growth Fall Dampens Market Performance By N184bn
Analysts at Vetiva Capital Management Limited said sentiment in the equity space remained dampened further last week by economic metrics which showed a decline in non-oil Gross Domestic Product growth.
In their weekly market report, they said with...
In 7 Years, Excess Crude Account Deplete By N6.48trn
In seven years, the Federal Government withdrew the sum of N6.48tn from the Excess Crude Account meant for the ‘rainy day’. However, within the same period, only N4.7tn was transferred into the account.
Between January 2012 and...
Report Says "BPP Saved N26.86bn From Contracts Last Year"
The Bureau of Public Procurement has said it saved more than N26.86bn for the Federal Government in 2018 after revising inflated contract sums submitted by government contractors.
BPP said this in its 2018 annual report, which was...
C&I Leasing Requests Approvals For N3.23bn Rights Issue
C&I Leasing Plc has submitted an application for approval to the Nigerian Stock Exchange for its proposed N3.23bn rights issue.
The Head, Listings Regulation Department, NSE, Godstime Iwenekhai, said in a statement on Thursday that C&I Leasing had...
Investment Inflow Dropped By $3.2bn In Q2, Says NBS
The Nigerian economy recorded a decline of $3.2bn in investment inflow from $8.48bn in the first quarter of this year to $5.82bn in the second quarter.
The NBS said this in its capital importation report which was...
