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Banks’ Non-performing Loans Now N1.17trn – NBS

Banks’ Non-performing Loans Now N1.17trn – NBS         Non-performing loans in the Nigerian banking sector fell by N42.4bn in three months, latest figures from the National Bureau of Statistics have shown. According to figures obtained from the NBS’ latest Selected Banking Sector Data Report on Sunday, the...

Illegal Gold Mining: Senate Seeks Probe Of $9bn Annual Revenue Loss

Illegal Gold Mining: Senate Seeks Probe Of $9bn Annual Revenue Loss         The Senate on Wednesday urged the executive arm of government to investigate the alleged annual revenue loss of $9bn to illegal mining and smuggling of gold in Nigeria. The upper chamber urged the Federal Government...

Adoption Of Autogas Will Save Nigeria Over $2.5bn Annually

Adoption Of Autogas Will Save Nigeria Over $2.5bn Annually         The introduction of gas-fired city buses as part of autogas initiative would save $2.5 billion yearly for Nigeria, currently struggling to come out from its worst recession ever. In an interview with our correspondent, managing director, Powergas,...

GITEX 2020: NITDA Unveils Top 10 Nigerian Tech Start-Ups At Global Forum

GITEX 2020: NITDA Unveils Top 10 Nigerian Tech Start-Ups At Global Forum       The National Information Technology Development Agency (NITDA) has unveiled 10 top Nigerian tech startups who have produced critical solutions to emerging technology. The Director-General of NITDA, Kashifu Inuwa said the agency has offered full...

Fed Govt Begins N30,000 Grants To Drivers, Cart Pushers

Fed Govt Begins N30,000 Grants To Drivers, Cart Pushers           The Federal Government has launched the transport support track under its MSME Survival Fund schemes for artisans and transporters. President’s spokesman, Laolu Akande, in a statement issued on Sunday, said the grant was in continuation of the...

FEC Okays N120.7bn For Roads, Patrol Vehicles, Others

FEC Okays N120.7bn For Roads, Patrol Vehicles, Others         The Federal Executive Council approved different contracts totalling about N120.7bn at its weekly meeting on Wednesday. The contracts included those of roads, application software for the Federal Mortgage Bank, operational vehicles for the Nigeria Immigration Service and irrigation...