NDIC To Insure Non-bank Deposits Taking Institutions         The Nigeria Deposit Insurance Corporation has said that it is trying to identify and provide insurance cover for non-bank deposit taking institutions. The Managing Director/Chief Executive Officer, NDIC, Umaru Ibrahim, said this during a workshop for journalists in Kaduna...

NDIC, CBN Battle Safety Issues In Nigeria’s Fintech Environment         The Nigeria Deposit Insurance Corporation (NDIC) yesterday said it will adopt financial technology (fintech) solutions and tools to modernize its data collection and analysis processes amidst emerging safety issues surrounding application of technology in the nation’s...

Experts Insist On Mass Metering Before Implementation Of New Tariff         Experts have criticised the implementation of the new electricity tariff structure and urged the Federal Government to ensure that electricity consumers are metered first before the commencement to eliminate outrageous billings. Nigerians had heaved a sigh...

Nigeria Reaching Maximum Borrowing Capacity, Says El-Rufai       Nigeria is almost reaching its maximum capacity to borrow and must be proactive in ramping up tax revenue collection, the Kaduna State Governor, Nasir El-Rufai, said on Thursday. El-Rufai lamented the low rate of tax collection in the country...

Nigeria Will Borrow N6trn In 2021 – Ahmed       The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said Nigeria’s total public debt will hit N38tn by December 2021. Ahmed said this on Tuesday in her presentation to the Senate Committee on Local and Foreign...

FG Explains Modality For N75bn Youth Support Fund       Minister of Finance, Budget and National Planning, Hajia  has explained the modality for the disbursement of the Federal Government’s N75 billion Entrepreneurship Youth Support Fund. She spoke at the weekend in Kaduna at a meeting with 77 district...