Fed Govt Reduces March Bonds, Auctions N50bn   The Debt Management Office has said that Federal Government will auction N50bn worth of bonds by subscription on March 25. A circular by the DMO on Wednesday showed the breakdown of the figure to include a N15bn five-year reopening...

Investors To Lift Textile Sector With N50bn   Cotton farmers, under the aegis of the National Cotton Association of Nigeria (NACOTAN), have appealed to government at bother the federal, state and local levels to help boost cotton farming in the country by providing hectares of land...

Investor Stakes N50bn On Textile Industry Revival   In furtherance of the federal government policy directing military and para-military personnel to source their uniforms locally, a cotton processor, Mrs. Ololade Adeneye, has disclosed that N50 billion has been earmarked to set up gunnery plants in Oyo,...

Ondo Govt Owes Us N50bn Pension Arrears, Gratuities – Pensioners   The Ondo State chapter of the Nigeria Union of Pensioners on Thursday appealed to the state government to address the issue of their unpaid pensions and arrears of gratuities. The pensioners lamented that the state owed...

Insurers To Raise N50bn New Capital For Recapitalisation   Out of the 58 insurance companies in the nation’s economy, seven have reached to their investors to mobilise a cumulative sum of N50 billion new capital to meet June 2020 recapitalisation deadline.While others are still fine-tuning strategies...

Border Closure Saves Poultry Industry N50bn   The closure of land borders has saved the local poultry industry more than N50 billion and the rice industry, experts have said. Although the move appears to violate the Economic Community of West African States (ECOWAS) Trade Liberalisation treaty, a...