Monetary

NIPC Collates $15.15bn Investments In First Half Of 2019

NIPC Collates $15.15bn Investments In First Half Of 2019 The Nigerian Investment Promotion Commission (NIPC), says it has collated 15.15 billion dollars investments in the country for the first half of 2019. Ms Yewande Sadiku, NIPC Executive Secretary made this known on Wednesday in Abuja...

Nigeria Records $15bn Investments In 6 Months

Nigeria Records $15bn Investments In 6 Months Between January and June this year, the Nigerian economy recorded a total investment commitment of $15.15bn in various sectors of the economy, the Nigerian Investment Promotion Commission has said. Figures obtained from the NIPC showed that the $15.15bn proposed...

We Saved N500bn By Blocking Leakages In MDAs – Dikwa

We Saved N500bn By Blocking Leakages In MDAs - Dikwa   The Federal Government says it has saved N500bn by blocking leakages in its Ministries, Departments and Agencies. The Permanent Secretary, Special Duties, Federal Ministry of Finance, Dr Mohammed Dikwa, said this when the Abuja chapter of...

FG Constitutes Panel To Recover N5trn AMCON Debts

FG Constitutes Panel To Recover N5trn AMCON Debts   The Federal Government has raised a task force to recover the outstanding N5tn debts owed the Asset Management Corporation of Nigeria, Vice-President Yemi Osinbajo’s office said on Tuesday. It said Osinbajo made the disclosure during a meeting he...

W/Bank Loans In Nigeria Rise By $2.19bn In 3 Years

W/Bank Loans In Nigeria Rise By $2.19bn In 3 Years   The World Bank loan portfolio in Nigeria increased by $2.19bn in the last three years, investigation has shown. Data obtained from the Debt Management Office in Abuja on Monday showed that the country’s loan commitment to...

Access Bank Issues Tier II N30bn Local Bond

Access Bank Issues Tier II N30bn Local Bond To further strengthen its funding base, Access Bank Plc at the weekend announced that it has successfully issued a Tier II N30 billion fixed rate subordinated unsecured bond. The bond was oversubscribed, which according to a statement...