NNPC Towers

NNPC absolves self of alleged missing N500bn Sure-P money

The management of the Nigerian National Petroleum Corporation, NNPC, has absolved itself from the alleged missing N500 billion Sure-P funds. The Corporation which described media...

CBN, DERMALOG Seal N8bn Biometric Deal

The Central Bank of Nigeria (CBN) has signed a contract of over $50 million (N8 billion) with DERMALOG Identification Systems for the  deployment and...

FG Okays N48.6bn Loan For Mortgage Refinancing

The federal government yesterday endorsed plans to borrow the sum of N48.6 ($300 million) from the world bank via the international development association to...

Policies Cost FG N603bn Loss in Revenue

The Nigeria Customs Service (NCS) yesterday disclosed that certain government policies and bilateral agreements led to a revenue loss of N603.2billion for the country...

Banks disbursed N109bn to 20 power firms –CBN

Eleven Deposit Money Banks had so far disbursed the sum of N109.3bn to 20 companies from the N300bn Power and Airlines Intervention Fund provided...