Nigeria Loses N125bn Oil Revenue To COVID-19      Nigeria’s oil revenue target fell by N125.52 billion in the first quarter (Q1, 2020) to N940.91 billion, according to figures released yesterday by Minister of Finance, Mrs. Zainab Ahmed. The shortfall, attributed to the double whammy of the headwind...

N125bn Required For Road Maintenance - FERMA Boss   The amount required for the maintenance of federal roads in Nigeria annually is N125bn, and not N36bn as allocated for capital budget in the 2020 appropriation bill, the Federal Roads Maintenance Agency said on Tuesday. According to FERMA,...

DMO Set To Auction N125bn Bonds Next Week   The Debt Management Office has said the Federal Government will auction N125bn worth of bonds by subscription on July 24. The DMO said in a circular on Tuesday that it was authorised to receive applications on behalf of...

NIRSAL Launches Model To Grow Farmers Revenue By N125bn   The Nigerian Incentive-Based Risk-Sharing System for Agricultural Lending has formally unveiled a technologically-driven model for the agricultural sector aimed at boosting farmers’ revenue by at least N125bn. The initiative to be known as the Farm Aggregation Model...

32 Stocks Fall Investors Lose N125bn   Investors in the nation’s stock market lost N125bn on Monday as 32 stocks led by C&I Leasing Plc took a beating at the end of trading on the floor of the Nigerian Stock Exchange. The NSE market capitalisation, which closed...