FG Targets N50bn From Onitsha River Port Concession   The Federal Government has mandated the concessionaire of Onitsha River Port to generate N50 billion from the port in 30 years. The concessionaire, Universal Elysium Consortium, received approval from the Federal Executive Council (FEC) to Rehabilitate-Operate and Transfer...

Northern Fuel Marketers Threaten Strike Over N50bn Bridging Fund   Northern Independent Petroleum Marketers Forum have threatened to withdraw their services over the failure of the Federal Government through the defunct Petroleum Equalisation Fund to settle their bridging claim of N50bn for nine months. This, they said,...

IPMAN To Present Over N50bn Claim To Downstream Authority   The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said it would present its outstanding claims of over N50 million to the Midstream and Downstream Regulatory Authority’s management. It's National Vice President, Alhaji Abubakar Maigandi, said IPMAN...

Dangote Cement Issues N50bn Bonds For Projects Expansion       Dangote Cement Plc, Africa’s largest cement producer, has announced the successful issuance of N50 billion Series 1 Fixed Rate Senior Unsecured Bonds under the company’s new N300 billion Multi-Instrument Issuance Programme. The company said on Wednesday that the...

Households, Businesses Can Apply For N50bn COVID-19 Loans – CBN The Central Bank of Nigeria has said that households and businesses affected by the COVID-19 can now apply for loans under its N50bn Targeted Credit Facility. It said the stimulus package was to support households...

N50bn Hidden Debt By Amosun Govt Uncovered - Ogun Govt         The Ogun State Government says it took its diligence to discover an alleged hidden additional N50bn domestic debt left behind by the immediate-past administration of Senator Ibikunle Amosun. Abiodun said the figures given to it by...