$10bn Debt: CBN Fails to Meet up with Payment Schedule   Over two weeks after the Central Bank of Nigeria (CBN) promised to clear over $10bn foreign exchange debts owed Deposit Money Bank, the apex bank has yet to do so according to findings. This came as...

FG Inherited N6trn Funding Gap on 2,604 Projects - Minister   Works Minister Dave Umahi has said the Bola Ahmed Tinubu administration has a N6 trillion funding gap on its road projects across the country. The minister, who said the current administration inherited 2,604 road projects, explained...

Contributory Pension Scheme Now N17trn - PenCom   The National Pension Commission (PenCom) has revealed that the Contributory Pension Scheme has hit N17.7 trillion as of the end of July 2023.The Pension management body said the pension asset increased by about 1.8 per cent from N16.76...

Customs Generates N1.9bn Revenue, Intercepts 415, 050 Litres Of Petrol   Seme Area Command of the Nigeria Customs Service (NCS) said it generated over N1.9 billion revenue and intercepted 415,050 litres of petroleum, hard drugs as well as 16 loads trailer loads of rice and others...

Nigeria’s Housing Deficit is N28m, Requires N21trn - Shettima   Vice President Kashim Shettima has said that Nigeria’s housing deficit is 28 million and will need over N21 trillion to effectively bridge the gap. Speaking at the weekend, during the groundbreaking for the construction of a 500-unit...

In Four Years, We Augmented LG Allocations With N33.25bn – Ogun Govt   The Ogun State Government has said it augmented councils’ allocations with N33.25 billion in the last four years to enable them to meet their obligations. The government maintained that it does not interfere with...