Financial

CBN Directive Frees N1.5trn For Real Sector Lending In line with the commitment of the Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele,...

Nigeria Consumes N1.2bn Worth Of Rice Daily — RIFAN Nigeria consumes a minimum of N1.2bn worth of rice every day, the Rice Farmers Association of...

Oil Revenue Records Another Monthly Decrease Of N62bn The shut-ins and shutdowns of some terminals by the Nigerian National Petroleum Corporation led to another monthly...

AMCON, ICPC Partner To Recover N5trn Debt   The Chairman, Independent Corrupt Practices and Other Related Offences Commission, Prof. Bolaji Owasanoye, on Wednesday in Abuja, disclosed...

SEC To Fine Registrars N1m For Illegal Charges   The Securities and Exchange Commission has vowed to slam a fine of N1m on registrars illegal charges...

FG Releases N504bn Out Of N890bn For Federal Road Constructions   The Federal Government released a total of N504.1bn out of the N890bn that was appropriated...

Nigeria Records $10.22bn Forex Inflow In May - CBN   The aggregate foreign exchange inflow into the Nigerian economy amounted to $10.22bn, showing an increase of...

Capital Importation Into Nigeria Hits $8.48bn In Q1, 2019   The total value of capital importation into the country stood at $8.48 billion in the first...

Financial Inclusion: CBN Sets Monthly Customer Target For MFBs   The Central Bank of Nigeria has set a new target of 64 new customers for micro...

Financial Statements: NSE Suspends Trading In Conoil, 10 Others   The Nigerian Stock Exchange on Tuesday suspended trading in the shares of Conoil Plc and 10...

Gas Producers Lament Power Firms' N1.3trn Debt   Gas producers in the country have said power generation companies owe them a total of N1.3tn for the...

We Can’t Access N64bn Maintenance Fund - FERMA   The Federal Road Maintenance Agency on Tuesday declared that it had been unable to access the over...

In 13 Months, NNPC Spent N956bn On Petrol Subsidy An operations and financial report of the Nigerian National Petroleum Corporation (NNPC) has shown that the...

38m Nigerians Now Have BVNs - CBN Banks in the country have successfully linked 38m accounts with the Bank Verification Numbers, according to the Central...

NCDMB Expends $160m From Nigerian Content Intervention Fund The Nigerian Content Development and Monitoring Board on Monday revealed that it had so far disbursed $160m...

Buhari, Others Back Insurance Industry Recapitalisation   President Muhammadu Buhari, the Managing Director, Access Bank Plc, Herbert Wigwe; the Director-General of the Budget Office of the...

RMAFC Vows To Revisit The Nation's Revenue Sharing Formula   The newly reconstituted board of the Revenue Mobilisation Allocation and Fiscal Commission resumed work on Monday...

FG Commences Savings Bond Auction For July The Federal Government has commenced the auction of its savings bond for July this year. A savings bond is...

Charting Course Of Labour With Development Financing   Economic growth and inclusive wealth can only be attained by a commensurate rise in national productivity. But the...

Nigeria’s Crude Oil Export Falls By 1.6m Barrels In May   Nigeria’s crude oil export fell by 1.6 million barrels in May, representing a 6.8 per...