CBN Set to Sell N1.2trn Treasury Bills by Q3’22 The Central Bank of Nigeria, CBN, said it will sell N1.2 trillion worth of Treasury Bills (TBs) in the third quarter of 2022 (Q3’22). The apex bank disclosed this today in its Nigeria Treasury Bills Issue Programme...

What That Unremitted N1.2 trillion Could Do For Nigerians, by Salisu Na'inna Dambatta   The National Assembly on January 31, 2022 set a target of N3 trillion for the country's revenue-generating agencies for 2022. Senate President Ahmad Lawan said the agencies can generate and remit that...

FG Targets N1.2trn From Telcos In 10 Years   The Federal Government targets N1.2 trillion from telecommunications (Telcos) operators in the next 10 years. To realise this, the Federal Executive Council (FEC) has authorised the Nigerian Communications Commission (NCC) to operate the Revenue Assurance Solution (RAS) for...

Capital Gains In Stocks Hit 7-month High At N1.2trn             Nigeria’s stock market has made a dramatic rebound with third quarter 2021 figures showing capital appreciation of about N1.196 trillion. Analysts attributed the development to the recent upswing in the prices of crude oil in the international...

Investors Make N1.2trn Gains In Q3, 2021         Investors in Nigerian equities rallied net capital gains of about N1.2 trillion in the third quarter amid strong corporate earnings in the first half and expectations of steady performance in the third quarter. Benchmark indices for Nigerian equities at...

MDAs Failed To Account For N1.2trn – FRC       The Fiscal Responsibility Commission has said ministries, departments and agencies of the Federal Government are withholding about N1.2trn. The commission said this is according to audit reports of some MDAs and unaudited accounts of others. The FRC also said...