NPA Needs Over N50bn To Acquire Patrol Boats, Fenders     The Nigerian Ports Authority (NPA) needs about N50bn to fix dilapidated fenders and purchase new patrol boats for the ports across the country, it was gathered at the weekend. Marine rubber fenders are used as “bumper” for...

Sterling Bank Launches N50bn Facility For MSMEs Sterling Bank Plc has launched a business support facility for Micro, Small and Medium Enterprises in the country. The Head of MSMEs Proposition, Sterling Bank, Mrs Benedicta Sardoh, described the importance of small and medium enterprises to an economy...

Rivers Revenue Agency Shut Down NDDC Office Over N50bn Tax The Rivers State Internal Revenue Service has sealed off the corporate headquarters of the Niger Delta Development Commission in Port Harcourt over unpaid withholding tax allegedly running into N50bn. This is as the NDDC insisted that...

FG Budgets N50bn For National Library Reconstruction   The Federal Ministry of Education has set aside N50bn to rebuild the dilapidated National Library headquarters in Abuja. The Minister of Education, Adamu Adamu, who confirmed this in a statement on Sunday, said the government was pursuing alternative sources...

As Stock Market Gain N50bn, Investors’ Wealth Increases Investors’ in the Nigerian stock market recorded a N50bn increase in their wealth on Wednesday as the market extended its bullish run into the second consecutive day after the rebound on Tuesday. The market capitalisation of equities listed...

60,000 Small Businesses Gets MFB N50bn Loans Hasal Microfinance Bank Limited has disbursed loans totalling N50bn to about 60,000 small businesses in Nigeria. According to the firm’s Managing Director/Chief Executive Officer, Rogers Nwoke, the loans were mainly disbursed to small business owners who could not access...