COVID-19: FG Offers Airlines N500bn Single-Digit Loans         The Federal Government has opened a N500 billion credit window for airlines to access single-digit loans to boost their operation and aid recovery from the COVID-19 pandemic. This is separate from the N5bn provided for airlines and other allied...

In Three Years, Nigeria’s Pharmaceutical Imports Top N500bn     Nigeria imported over N500 billion worth of pharmaceutical products in the last three years, it was leant. It was leant that only 20 per cent of pharmaceutical products are being manufactured locally, while 80 per cent pharmaceutical are...

Roads: Senator Seeks N500bn Annual Budget For FERMA       The Chairman, Senate Committee on the Federal Roads Maintenance Agency, Senator Gershom Bassey, has called for N500bn yearly budget to enable FERMA fix all the deplorable federal roads across the country. Bassey made the call in an interview...

Taxes Contributed N500bn To Revenue In June – FIRS     The Federal Inland Revenue Service (FIRS) has said tax revenues contributed at least N500bn to the N696 billion revenue that the three tiers of government shared in June 2020. The Executive Chairman, FIRS, Mr. Muhammad Nami, who...

Presidency Mulls Upward Review Of N500bn Intervention Fund     The federal government is considering reviewing upwards the proposed N500 billion economic stimulus package meant to cushion the debilitating impact of the COVID-19 pandemic. Besides, the Vice President Yemi Osinbajo-led Economic Sustainability Committee is also putting forward another...

Nigeria, Dubai Non-oil Trade Value Now N500bn   The UAE Ambassador to Nigeria, Dr. Fahad Al Taffaq The UAE Ambassador to Nigeria, Dr. Fahad Al Taffaq, disclosed that in 2018, the volume of non-oil trade between Nigeria and the UAE was $1.5 billion (N525 billion). The Ambassador...