Budget: Power, Finance Projects Get Lion’s Shares Of N1.16trn Loans   The Ministry of Finance, Budget and National Planning will get the lion’s share, in terms of projects costs, of the N1.16tn multilateral and bilateral loans that the Federal Government is planning to get to part...

Finance, Aviation Ministries Commence Final Verification of Defunct Nigeria Airways Workers The Presidential Initiative on Continuous Audit, (PICA), Federal Ministry of Finance, in conjunction with the Ministry of Aviation, in Kano, commenced a mop up verification exercise for ex- workers of Nigeria Airways Limited (In...

FG Spent N3.3trn In Six Months, Minister Says     The Federal Government has spent the sum of N3.39tn within the first six months of this year to finance the 2019 budget. She gave the indication in Abuja on Monday during a public presentation of the 2020 budget,...

CBN Pursues Development Finance For SMEs In continued recognition of its role as an agent of development, the Central Bank of Nigeria said it would invigorate its development finance activities. This, it added, was aimed at ensuring the nation’s self-sufficiency to reduce Nigeria’s excessive dependence on...

Heritage Bank Pledges To Finance Agricultural Growth   Heritage Bank Plc has said it is committed to leading the way in agricultural financing in the country. The Divisional Head, Corporate Communications, Heritage Bank, Mr. Fela Ibidapo, was quoted in a statement as saying that the bank would...

BoI Raises N305bn To Finance Industrialists   A total of $1bn (N305bn) has been raised by the Bank of Industry to finance the industrial sector of the economy in the 2018 fiscal period. The amount is expected to be deployed in key sectors of the economy such...