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CBN, NNPC To Spend N1bn On 3,000 Returnees

CBN, NNPC To Spend N1bn On 3,000 Returnees     The Central Bank of Nigeria and the Nigerian National Petroleum Corporation have agreed to spend over N1bn on the quarantine and feeding of over 3,000 Nigerians awaiting evacuation in foreign countries. The two organisations are expected to share...

AEDC Pledges Over N1bn To Power Projects In Nasarawa

AEDC Pledges Over N1bn To Power Projects In Nasarawa   The Abuja Electricity Distribution Company (AEDC) said it has committed N1.04 billion for the speedy completion of power evacuation projects to significantly improve electricity supply across Nasarawa State and environs. The projects, when completed, will evacuate power...

Access Bank’s Daily Digital Lending Now N1bn

Access Bank’s Daily Digital Lending Now N1bn   Access Bank says its expanded digital lending portfolio has given Nigerians quick and 24/7 access to funds for emergencies without any collateral, and has hit N1bn daily in loan value. The Executive Director, Retail Banking, Access Bank Plc, Victor...

About 3,891 Debtors Owe Banks Above N1bn Each

About 3,891 Debtors Owe Banks Above N1bn Each   About 3,891 firms and other debtors have taken individual loans above N1bn, totalling N13.19tn of loans in the banking sector. Latest figure by the National Bureau of Statistics revealed that the total loans in the banking sector stood...

Oyetola Issues N1bn Bond Certificates To 189 Retirees

Oyetola Issues N1bn Bond Certificates To 189 Retirees Osun State Governor, Mr Adegboyega Oyetola, on Tuesday presented bond certificates worth over N1.01bn to retirees under the Contributory Pension Scheme. The affected pensioners were drawn from local government and primary school retirees. Governor Oyetola said at the event...

NAIC Shares Over N1bn To Farmers As Claims

NAIC Shares Over N1bn To Farmers As Claims The Nigerian Agricultural insurance corporation (NAIC) has disclosed that it has paid over N1billion as claims to farmers within the first half of this year. The Managing Director and Chief Executive Officer of NAIC, Mrs. Folashade Joseph disclosed...