Passengers Groan Over 100% Air Fare Hike     This is not best of time for air passengers on domestic flights as they have to contend with high fares. It was learnt on Monday that fares on major local routes had gone up by as much as 100...

FG Targets N7bn Annual Tax Revenue From Solar     The federal government has highlighted some of the secondary benefits of the N140 billion solar power programme that is aimed at providing electricity to 25 million Nigerians through off-grid connections to five million homes. The Minister of Power,...

Households, Businesses Can Apply For N50bn COVID-19 Loans – CBN The Central Bank of Nigeria has said that households and businesses affected by the COVID-19 can now apply for loans under its N50bn Targeted Credit Facility. It said the stimulus package was to support households...

BoI Grows Assets By 78.8% To N1.86trn The Bank of Industry Group concluded the 2020 financial year with a 78.8 per cent growth of assets from N1.04tn to N1.86tn between 2019 and 2020. A statement by the bank on Monday said the increase was driven...

Qatar To Invest $5bn In Nigeria - Onyeama The oil-rich state of Qatar is to invest $5 billion in the Nigerian economy, the Foreign Affairs Minister, Chief Godfrey Onyeama, has said. Onyeama, at a farewell dinner on Sunday in honour of Nigeria’s Ambassador-designate to the State...

CBN To Clamp Down On Bad Debtors To OFIs The Central Bank of Nigeria has said it will extend its Credit Risk Management System to the other financial institutions in the country to protect them from bad debtors. It said this became imperative after it...