CBN Distributes Inputs Worth N820m To 3,102 Rice Farmers       The Ekiti State Commissioner for Agriculture, Dr Olabide Adetoyi, said on Tuesday that farm inputs worth over N820m had been distributed to 3,102 rice farmers in the state under the Central Bank of Nigeria/Rice Farmers Association...

Mixed Reactions As Inflation Falls To 17.38%       The headline inflation slowed for the fourth consecutive month in July from a year-on-year (YoY) growth of 17.75 per cent reported in June to 17.38 per cent. This was contained in the consumer price index (CPI) released by the...

In Nine Months, Air Travellers Spent N40bn On Covid-19 Test       Inbound passengers who travelled into the country through the Murtala Muhammed International Airport (MMIA), Lagos and the Nnamdi Azikiwe International Airport, Abuja, were estimated to have spent about a total of N40.212 billion as payments...

Our Debts'll Keep Rising, Revenues Declining – Fed Govt       The Federal Government has said it plans to borrow more to fund its budget for 2022, while it will spend more to service the growing debts as a result. The Ministry of Finance, Budget and National Planning,...

Foreign Reserves Decline Again After Rising To $33.59bn       The foreign exchange reserves in Nigeria have started declining again after rising to $33.59bn, the highest level in more than a month. The forex reserves, which fell to a record low of $33.09bn on July 12, had gained...

'Total Pension Assets'll Hit N20trn By 2023'       Nigerian pension industry’s net assets is expected to hit the N20tn mark by 2023, recording an average growth of 18 per cent in the next three years leading to 2023, the insurance industry’s net assets, Augusto & Co,...