NDIC Reiterates Commitment To Financial Stability
Managing Director, Nigeria Deposit Insurance Corporation (NDIC), Mr Bello Hassan, said the corporation would continue to monitor the banking sector to address challenges it might be facing.
Hassan said this at a retreat for members of the Senate Committee on...
Rivers, 31 Others Attract Zero Foreign Investments In Q1, 2022 - NBS
Thirty-two states in Nigeria, including Rivers and Kaduna, did not attract any foreign investments in the first quarter of 2022.
A report by the National Bureau of Statistics (NBS) shows that only Lagos, Oyo,...
FG Offers 9.2% Return For New Three-year Savings Bonds
The Federal Government has opened application list for the June tranches of its monthly retail bond issuance, otherwise known as Federal Government of Nigeria Savings Bond (FGNSB).
The Debt Management Office (DMO), which oversees government’s debt issuance...
Despite Unstable Power, Discos Generated N2.4trn
The Electricity Distribution Companies (Discos) raked in a total of N2.4 trillion as revenue between 2015 and 2020, the National Bureau of Statistics (NBS) has revealed.
According to the NBS, revenue generated by the DisCos in 2015 stood at N278.89...
NEPZA, FIRS Sign Pact On Tax Administration In Free Trade Zones
The Nigeria Export Processing Zones Authority (NEPZA) has signed a Memorandum of Understanding (MoU) with the Federal Inland Revenue Service (FIRS) for effective administration of taxes in the free trade zones.
Signing the MoU on...
Nigeria’s Public Debt Increases By N2.04trn in Q1, 2022
The Debt Management Office (DMO) said on Tuesday that Nigeria’s total public debt stock increased to N41.60tn in the first quarter of 2022 from N39.56tn as of December 2021.
This shows an increase of N2.04tn within a...
