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Fed Govt To Auction N60bn April Bonds

Fed Govt To Auction N60bn April Bonds   The Debt Management Office has said that the Federal Government will auction N60bn worth of bonds by subscription on April 22. A circular by the DMO on Wednesday showed the breakdown of the figure to include a N20bn five-year...

CBN Refunds Over N60bn Excess Bank Charges To Customers

CBN Refunds Over N60bn Excess Bank Charges To Customers   The Central Bank of Nigeria (CBN) on Thursday said it has so far recovered over N60 billion from erring banks as excessive charges imposed on customers. The bank also said it has equally returned same amount to...

N60bn Offered As Subscription Bonds By DMO

N60bn Offered As Subscription Bonds By DMO   The Debt Management Office has offered N60bn bonds for subscription in the Federal Government bond auction this month. The DMO said in a circular on Tuesday that it was authorised to receive applications on behalf of the Federal Government. It...

Gov Dickson Inaugurates N60bn Bayelsa Airport

Gov Dickson Inaugurates N60bn Bayelsa Airport The Bayelsa State Government has opened its over N60bn international airport. The airport, known as Bayelsa International Airport, was opened on Thursday with an inaugural flight by the Governor, Seriake Dickson, from Abuja, at a few minutes past 2.00pm followed...

DBN To Provide Credit Guarantees, Targets N60bn Loans

DBN To Provide Credit Guarantees, Targets N60bn Loans   The Development Bank of Nigeria Plc plans to set up a subsidiary that will provide partial credit guarantees to lenders, while targeting as much as N60bn ($166m) of loans this year. The Chief Executive Officer, DBN, Tony Okpanachi,...

CBN Recovers N60bn Illegal Charges From Commercial banks

CBN Recovers N60bn Illegal Charges From Commercial banks The Central Bank of Nigeria has facilitated the refunds of a total of N60 billion by commercial banks to their customers on March 31, 2018 through the intervention of the consumer protection department. CBN director of Payment Systems...