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...

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...

Yobe, Anambra, Kebbi Paid Highest For Petrol In October – NBS       Consumers paid more for petrol, kerosene and diesel in the month of October 2020 as the cost of the commodities were hiked across the country, the National Bureau of Statistics has said. Figures obtained from...

FG Ratifies Nigeria’s AfCFTA Membership, N62.7bn For Kano-Katsina Road         The Federal Government on Wednesday ratified Nigeria’s membership of the African Continental Free Trade Area. The decision was taken at the weekly meeting of the Federal Executive Council presided over by President Muhammadu Buhari. The Minister of Information...

COVID-19 Threatens African Countries’ IGR, Others       The coronavirus (COVID-19) pandemic; has threatened African countries’ internally-generated revenues (IGR) thereby impeding their ability to fund essential services in education, health and infrastructure sectors of the economy. According to the 2019 Human Development Report, Africa will not be unable...

We’ll Commence Oil Exploration In Chad Basin Soon – Fed Govt         The Federal Government on Wednesday said it was willing to resume oil exploration in the Lake Chad Basin. The exercise was suspended by the government in July 2017 after suspected members of Boko Haram attacked...