BoI’s Assets hit N1.8trn       Bank of Industry’s (BoI’s) total assets grew to N1.86 trillion during the 2020 financial year, despite the negative impacts of the COVID-19 pandemic on global economies. BoI’s Chairman, Aliyu Dikko, who made this known at its 61st Annual General Meeting , in...

Firms Borrowed N258.59bn From Bond Market Amid COVID-19 – SEC       More companies tapped the Nigerian bond market in 2020 amid the COVID-19 pandemic as they raised a total of N258.59bn, the highest on record, according to data from the Securities and Exchange Commission. The SEC data...

FG Revenue From Drink Makers Rose To N23bn – NBS       The Company Income Tax paid by breweries, bottling and beverages companies rose by 329.48 per cent in the first quarter of the year, a report by the National Bureau of Statistics has shown. The CIT is...

CISLAC Ask Questions Of Presidency Framework To Sort Debt Profile, by Ezekiel O. Kayode     A concerned civil group, CISLAC, called on the Federal Government and the House on Wednesday to address the accountability crisis that has emerged from an unceasing procurement of loans. The Civil Society...

FEC Okays N10.2bn Projects For Water resources, Aviation, Presidency         The Federal Executive Council (FEC) has approved N10.168 billion for the execution of projects under the ministries of Water Resources, Aviation as well as two agencies under the Presidency. The virtual FEC, which was presided over by...

Reps Probe Alleged Abandoned N72.34bn Eastern Rail Contract     The House of Representatives has resolved to investigate the alleged abandonment of the Eastern Rail Line, the Port Harcourt-Maiduguri section, after the Federal Government awarded the reconstruction contract for N72.34bn. At the plenary on Wednesday, the House resolved...