CBN Says Nigeria’s Payment System Attracted $500m Investments In Five Years   The Central Bank of Nigeria has said the country’s payment system attracted about $500m worth of investments between 2015 and 2020. The Central Bank Governor, Godwin Emefiele, disclosed this on Wednesday while speaking on the...

External Reserves Near $34bn, Gain $500m In One Week       Nigeria’s external reserves rose by $500m in one week to the highest point in more than two months, according to the latest data from the Central Bank of Nigeria. The reserves, which have been wobbling in recent...

Host Communities To Get $500m Yearly From New PIB - Kyari       The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, yesterday calmed frayed nerves among some indigenes of oil producing communities in the Niger Delta, maintaining that the three per...

Investors Proposing $500m For Gas Pipelines, Others – DPR       Investors have proposed to spend over $500m in building gas pipelines and other facilities in Nigeria following the implementation of the Nigerian Gas Transportation Network Code that was launched last year, the Department of Petroleum Resources...

Nigeria Spends $500m Yearly Importing Palm Oil - FG         Officials from the Federal Ministry of Agriculture and Rural Development, states, agencies and non-governmental organisations on Thursday said Nigeria was spending about $500m annually on oil palm imports. At the National Workshop on oil palm organised in...

$500m Chinese Debt Sparks Confusion In Airport Concession       Federal Government’s plan to concession airports has run into difficulties over an existing debt and pact with China to build four new terminals at the cost of $500 million. The “concession within concession”, according to the coalition of...