NDIC Pays N11bn To Over 500,000 Depositors Of Liquidated Banks       The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has explained that the Corporation has paid a cumulative of N101.76 billion to over 535, 815 insured depositors of liquidated banks. Hassan, who was represented...

NGX Rebounds As Capitalisation Rises By N11bn             The Nigerian equities market halted its three consecutive days of losses yesterday, as a result of renewed appetite in some blue-chip stocks, causing investors’ wealth to appreciate by N11 billion. Consequently, the Nigerian Exchange Limited’s (NGX) All-Share Index (ASI)...

Investors Lose N11bn As Banking Stocks Decline Further           Investors in the equities market of the Nigerian Exchange Limited – formerly Nigerian Stock Exchange lost N11.02bn at the end of trading on Wednesday as banking stocks declined for the eighth consecutive trading day. The NGX All-Share index...

Disco Spent N11bn To Install 178,000 Meters In 5 Years   The Abuja Electricity Distribution Company (AEDC) has disclosed that it invested N11 billion in installing 178,000 meters for its customers in Abuja, Kogi, Nasarawa and Niger states, between 2014 and 2018. The distribution company (Disco) also...

AEDC Funds Metering With N11bn , Installs 50,000 Under MAP   The Abuja Electricity Distribution Company (AEDC) has funded metering with N11 billion within five years, just as it announced the installation of 50,000 meters, six months after launching its Meter Assets Providers (MAP) scheme. A statement...

NADDC Shares N11bn To 36 Auto Firms The National Automotive Design and Development Council on Wednesday said it had so far disbursed the sum of N11bn to 36 auto companies. The Director- General, NADDC, Mr Jelani Aliyu, gave the figure in Abuja during a meeting with...