Nigeria’s Foreign Trade Rises To N9.76trn In Q1, Records N3.94trn Deficit
Nigeria’s total merchandise trade increased to N9.76 trillion in the first quarter of the year, representing 6.99 per cent rise over the N9.12 trillion in the preceding quarter, the National Bureau of Statistics (NBS)...
Banks’ll Consider Sustainable Principles Before Lending, Says Emefiele
The Governor, Central Bank of Nigeria, Mr Godwin Emefiele has said banks will now consider sustainable banking principles when lending money to individuals and corporate entities.
According to a statement issued on Thursday, Emefiele disclosed this while leading...
COVID-19: CBN Disburses N253bn To 470 Households, 77, 000 SMEs
The Acting Director Corporate communications Department of the Central Bank of Nigeria (CBN), Mr. Osita Nwanisobi, has said that the bank disbursed N253 billion to 548,345 beneficiaries as part of its responses to the COVID-19...
'38m Nigerian Adults Financially Excluded'
Thirty-six per cent of Nigerian adults, or 38 million adults, remained completely financially excluded at the end of 2020, according to a new report.
Enhancing Financial Innovation & Access, in a survey titled ‘New data from EFInA’, said financial inclusion grew,...
Tax Forms 70% Of FAAC Allocations — FIRS Boss
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Alhaji Muhammad Mamman Nami, has said 60 to 70 percent of the funds shared monthly by the Federal Account Allocation Committee (FACC) among the three tiers...
FG Okays N14.8bn Workers’ Insurance Cover, COVID-19 Oxygen Plants
The Federal Executive Council presided over by President Muhammadu Buhari has approved the disbursement of N9.2bn as premium for insurance companies who will manage group life insurance coverage for federal civil servants.
The Minister of Information and...