‘18 Unviable Airports Account For N65bn Revenue Shortfall’       The Federal Airports Authority of Nigeria (FAAN), has blamed unviable airports scattered nationwide for its poor earnings and revenue shortfall over the years, now in excess of N65 billion. Management of FAAN, while appearing before the House of...

Fed Govt To Unveil N65bn Stimulus Package For OPSN   The federal government is set to unveil a N65 billion stimulus package to support the Organised Private Sector in Nigeria (OPSN) in the bid to boost the economy and mitigate the effect of the COVID-19 pandemic. Minister...

FG To Expend N65bn On Broadband Infrastructure     The Minister of Communications, Dr Isa Ali Ibrahim Pantami meets NCC, telcos on telecom infrastructure, others A total of N65bn will be spent as counterpart fund for the laying of 127,000km of fibre optic across the country in...

InfraCos To Access N65bn Broadband Subsidies   Infrastructure Companies (infraCos) expected to drive broadband penetration in Nigeria would have access to the N65 billion subsidies over the next four-years. However, The Guardian gathered that InfraCos that will access the subsidy are required to meet some set milestones,...

Stock Market Gains N65bn, Reverses Losses In line with some analysts’ expectations, the nation’s stock market experienced a rebound on Tuesday as the domestic equities market reversed some of its previous losses, gaining N65bn at the end of trading on the floor of the Nigerian...

CBN Returns N65bn Illegal Deductions To Bank Customers   The Central Bank of Nigeria says it has recovered over N65bn from commercial banks in the country for wrongful deductions and charges from customers’ deposits and other transactions in the last six years. The Acting Director, Corporate Communications,...