Germany Pledges N48bn To Nigeria For Economic Development   The Federal Republic of Germany has pledged a sum of N48 billion (€101 million) in 2021 and 2022 to support Nigeria in its growth recovery from the COVID-19 pandemic. The disclosure was made during the end of a...

NDIC Pays N102bn To Depositors Of Closed Banks   The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan has disclosed that the corporation has paid a total of N101.67bn uninsured sums as of 30th June 2021 to 535, 815 depositors of closed...

Nigeria Spent N1.47trn On Debt Servicing In H1, 2021           Nigeria spent N1.47tn on debt servicing payments in the first half of 2021, data obtained from the Debt Management Office have shown. In the first quarter of the year, the country spent N1.02tn on both domestic and...

In Five Years, FG Earned N39.648trn Revenue - NEITI           Nigeria Extractive Industries Transparency Initiative (NEITI) has said the total revenue accruing to the Federal Government in the last five years from all sectors is N39.648 trillion. The solid minerals sector, according to watchdog organization, contributed N308.43...

More Governors Resolve To Join VAT Collection Suit           South-south Governors Forum, yesterday, declared support for states’ collection of Value Added Tax (VAT) as ordered by a Federal High Court in Port Harcourt. The forum, comprising governors of the six oil-rich Niger Delta states of Rivers,...

W/Bank Says 1.7bn Adults Lack Access To Financial Services           World Bank report says 1.7 billion adults worldwide are unbanked. About half of unbanked people include women poor households in rural areas or out of the workforce. Being able to access to a transaction account is a...