DPR Targets N900bn Remittance Into Federation Account In Q2, 2021       The DPR has said it is targeting to generate and remit about N900 billion into the Federation Account in the second quarter of the year. The agency has also received over $20 billion investment proposals since...

States Borrow N900bn From Capital Market         The Securities and Exchange Commission (SEC), has disclosed that state governments in Nigeria have borrowed not less than N900 billion from the capital market since 1978. The Director General, SEC, Mr Lamido Yuguda, disclosure this at a webinar organised by...

Economy Loses N900bn Credit, Private Sector Stagnates At N30trn       Credit to the economy fell by N900 billion or 2.27 percent in August driven by slump in credit to the government during the month. The Central Bank of Nigeria (CBN) disclosed this in its Depository Corporation...

CRR: CBN Holds N900bn Customers’ Deposits With Banks     The Central Bank of Nigeria (CBN) has been holding on to N900 billion of lenders’ deposits as Cash Reserve Ration (CRR) since January. By the CRR policy, banks have a mandate to keep 27.5 per cent of all...

NIRSAL Grows Seed Fund To N900bn     Nigerian Incentive based Risk Sharing System for Agricultural Lending (NIRSAL), has grown its seed fund to nearly N900billion from N720billion at inception in 2013, the Managing Director and Chief Executive Officer, Aliyu Adulhameed has said. NIRSAL was established to de-risk...

Tax Revenue: FG Targets N900bn Offshore Assets The Attorney General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami, has disclosed that the federal government is looking to grow the tax revenue base in the coming years by N900 billion from offshore assets...