Lagos Atop As States’ IGR Drops By 11.7%       The Internally Generated Revenue of the states dropped to N612.87bn in the first six months of 2020 from N693.91bn in the corresponding period of 2019. The National Bureau of Statistics disclosed on Tuesday in its report published on...

Instant Payments, PoS Deals Hit N95.89trn In Eight Months     The value of transactions via the two digital payment platforms – Nigeria Interbank Settlement System Instant payment system and Point of Sales terminals – across the country rose to N95.89tn from January to August this year. The...

States’ IGR Dropped To N612.87bn In H1 — NBS       The Internally Generated Revenue of states dropped to N612.87bn in the first six months of 2020 from N693.91bn in the corresponding period of 2019, the National Bureau of Statistics has disclosed. The NBS on Tuesday in its...

Firm Builds N250m Facility At Lagos Airport       An indigenous firm, Free On Board, is to build a N250 million packaging factory at the Lagos Airport for goods and logistics, in partnership with the Handling Company (NAHCO) and other international partners. The factory, according to the firm’s...

N1bn Paid To 219 Retirees In September - Lagos Govt       Lagos State has said it paid retirees N1bn as accrued pension rights for the month of September. It said this in a statement on Sunday entitled ‘Lagos State retirees received over N1bn as accrued pension rights...

Liquidity Mop Up Imminent As N567bn Hits Interbank Market       The Central Bank of Nigeria (CBN) is expected to resume its liquidity mop up this week in response to inflow of N567 billion into the interbank money market. Last week the apex bank suspended its liquidity mop...